VC CEO Junoh Kim Purchases 20,921 Shares: "Undervalued Stock, Confident in Global Growth"

Junoh Kim, CEO of VC, a golf IT specialized company, has purchased shares of the company, demonstrating his commitment to responsible management. The strategy is to maintain its growth trajectory by leveraging the company’s unrivaled ultra-precise real-time pin location (APL) technology in Korea and expanding global ODM orders.

On July 22, VC announced via a disclosure that CEO Junoh Kim bought 20,921 shares of the company through the open market. This purchase was driven by the belief that the company was undervalued due to recent concerns about slowing growth in the domestic golf industry, and as a management decision to deliver a strong message to the market about enhancing shareholder value and a commitment to responsible governance.

A company representative stated, “This share purchase by the CEO will serve as a catalyst to boost shareholder confidence and demonstrate our optimism regarding future earnings improvement and a rise in corporate value.”

VC has secured a competitive edge in the domestic golf IT market based on its proprietary ultra-precise real-time pin location (APL) technology. In particular, sales of its watch-type golf watches, which utilize APL technology, increased by 27% in the first half of this year compared to the same period last year, continuing their growth momentum.

The company is the sole provider and operator of real-time pin location services (APL) in Korea, and continues to expand its sales through a diverse lineup of products utilizing APL technology.

The expansion into overseas markets is also gaining momentum. VC is increasing ODM (Original Design Manufacturing) orders abroad based on its accumulated expertise in golf rangefinders and personal launch monitors. The company has indicated that it has already secured stable order volumes from clients for 2026 and 2027.

Securities industry analysts anticipate that, driven by global business expansion, exports will account for nearly half of VC’s total revenue starting this year, enabling a turnaround in results. Moreover, new business drivers include PoC (Proof of Concept) trials of the APL service technology at golf courses near Los Angeles in the United States and expansion into the Japanese market.

CEO Junoh Kim commented, “I decided to purchase shares because the current stock price is significantly undervalued compared to the company’s intrinsic value and future growth potential. We will continue to strengthen our fundamentals by expanding domestic sales of watch-type golf watches and growing global ODM exports.”

He added, “By successfully launching new businesses targeting global markets such as the United States and Japan, we will take a leap toward becoming a company that achieves a higher level of growth.”

VC is accelerating its efforts to restore shareholder trust following the CEO’s share purchase, while also securing performance recovery and overseas growth momentum based on its APL technology competitiveness and expanded global exports.

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