Link Solution Secures KRW 30 Billion Investment to Expand Advanced Component Foundry Business

Link Solution will issue its first private convertible bonds (CB) worth KRW 30 billion.

According to Link Solution on September 15, the conversion price of the CB has been set at KRW 32,823 per share, representing a 30% premium over the reference share price. Both the coupon rate and maturity interest rate are 0%. The bonds are being issued without a refixing clause in case of a share price decline, in order to secure growth investment funds while considering financial costs and minimizing the risk of equity dilution for existing shareholders.

Link Solution is planning to build a new foundry plant to address high-value industries such as aerospace, defense, humanoids, and AI data center thermal management. Separate from the existing Daejeon AM foundry, this new plant aims to enhance advanced component mass production capabilities, leveraging accumulated expertise in 3D printing equipment and process technology. The company plans to proactively respond to client companies' transitions to mass production and secure additional follow-up production volumes.

The company also seeks to enhance productivity and cost competitiveness by establishing an autonomous manufacturing production system. By integrating industrial 3D printing equipment, process data, automated facilities, as well as logistics and post-processing systems, Link Solution aims to implement a "dark factory" that enables stable 24-hour operations. The strategy is to increase equipment utilization, boost production efficiency, and reduce process variation, thereby achieving the quality stability required for large-scale mass production.

In new application fields, Link Solution plans to connect technology verification projects—conducted with customers through research and development in materials, design, and processes—to actual mass production projects. The company intends to shorten the commercialization period from R&D, process validation, to mass production transition, and to expand its mid- to long-term mass production pipeline.

A company spokesperson stated, "This capital raising is intended to proactively respond to rising production demand from advanced industry clients," adding, "We will allocate the capital to the construction of the new foundry, the advancement of autonomous manufacturing systems, and the development of mass production technologies in new application areas, so as to translate increased production capacity into tangible revenue growth."

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