Yesan Tech to Resume Trading on the 23rd After Completing Reverse Stock Split

Yesan Tech has completed its stock consolidation (reverse stock split) procedure, and trading of its shares will resume from the 23rd.

According to Yesan Tech on July 22, the company resolved to implement a 5-to-1 reverse stock split to stabilize its share price, secure an appropriate number of shares in circulation, and enhance corporate value. As a result of this consolidation, the par value per share has changed from 100 won to 500 won, and the total number of issued shares has been reduced from 33,000,440 to 6,600,088 shares.

The company plans to mitigate short-term supply and demand volatility with this stock consolidation, and to create conditions whereby future improvements in performance and business expansion achievements can be more appropriately valued by the market.

Since last year, Yesan Tech has been pursuing a business restructuring strategy. Beginning with an operating profit in the third quarter of 2025, the company has maintained three consecutive quarters of operating profit through the first quarter of this year. Additionally, the company is strengthening its technological competitiveness in emerging growth areas through research and development, such as developing flame-retardant adhesive materials for large secondary batteries and completing the related patent application.

A representative from Yesan Tech stated, "This reverse stock split is a turning point for maintaining an appropriate number of shares in circulation and enhancing our corporate value. We will continue to strengthen the profitability of our existing LCD·OLED display business, expand into growth areas such as automotive displays and adhesive tapes for secondary batteries, and do our utmost to achieve long-term growth and increase shareholder value."

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