KoAsia CM Subsidiary Executives Also Acquire Shares, Continuing Responsible Management Commitment

After the management of KoAsia CM, an advanced optical solutions company, purchased shares of the company, the executives of its wholly owned subsidiary have also stepped forward to buy company shares. The management's direct acquisition of shares demonstrates their commitment to responsible management for mid- to long-term growth and enhancement of corporate value.

On the 21st, KoAsia CM announced that five executives from its subsidiary KoAsia CM Korea had acquired KoAsia CM shares through on-market purchases. According to the Financial Supervisory Service’s electronic disclosure system, all executives of KoAsia CM Korea participated in this purchase.

Previously, in July, the CEO and executives of KoAsia CM personally purchased shares of the company. This time, with the participation of the subsidiary's CEO and executives, the scope of management's responsible commitment to the company’s growth and enhancement of corporate value has further expanded.

KoAsia CM has maintained six consecutive quarters of profitability as a result of improving the mobile optical lens business. While stably sustaining profitability in its existing optical business, the company is accelerating efforts to expand new businesses and secure additional growth drivers.

The subsidiary KoAsia CM Korea recently began mass production and supply of Time-of-Flight (ToF) based three-dimensional (3D) sensing camera modules. Through this initiative, the company has entered the global robotics supply chain and is expanding its business into physical artificial intelligence (AI) and robot vision sectors.

Alongside improved performance, KoAsia CM continues to refine share and financial-related systems to enhance shareholder value, with ongoing share acquisitions by management. The company plans to simultaneously stabilize profitability in its existing businesses and expand future growth initiatives to drive up corporate value.

A KoAsia CM representative said, "Following the company’s management, the participation of subsidiary executives—who play a key role in future business sectors—in purchasing shares demonstrates our shared commitment to responsible management for mid- to long-term growth and enhancement of corporate value."

The representative added, "We will entrench our performance growth, strengthen shareholder-friendly policies, and expand achievements in future growth businesses to reward the trust of the market."

KoAsia CM plans to continue improving the profitability of its current optical business, while simultaneously pursuing expansion into new sectors such as robot vision and implementing shareholder value enhancement policies to solidify the foundation for mid- to long-term growth.

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