[Featured Stock] Taesung Hits All-Time High... Spotlight on 'Composite Copper Foil' Production Preventing Electric Vehicle Fires

'V-shaped rebound' continues as it finally breaks the all-time high
Secondary battery 'game changer' complex double-sided copper foil highlighted
Also selected as a CATL partner

Taesung's stock price surged, hitting a 52-week high and breaking its all-time record. As electric vehicle fire issues continue, investor sentiment appears to be flocking to Taesung, which possesses the technology to prevent such incidents.

As of 9:34 AM on the 14th, Taesung is trading at 15,940 KRW, up 23.66% (3,050 KRW) from the previous day. This surpasses the all-time high of 14,210 KRW set on June 26, about two months ago. During the recent 'Black Monday,' Taesung's stock price even fell below 10,000 KRW, but it has made a perfect 'V-shaped rebound' and reached a new peak.

Taesung produces composite copper foil equipment, known to be capable of preventing thermal runaway in electric vehicles. Composite copper foil is attracting attention as a new material that replaces the conventional electrolytic copper foil used in lithium-ion battery anodes and is called a 'game changer' in the secondary battery industry. Last month, Taesung was selected as a supply partner for CATL, China's largest electric vehicle battery manufacturer.

Minjung Kwak, a researcher at Hyundai Motor Securities, said, “Taesung's composite copper foil RTR equipment maintains consistent tension even over a wide width,” adding, “With the recent spotlight on composite copper foil, sales to China, including electric vehicle companies like BYD besides CATL, are expected.”

This content was produced with the assistance of AI translation services.