Yujin Robot has surged more than 23%. This is interpreted as the result of news that Yujin Robot's outside director has joined Lee Jae-myung's camp for the Democratic Party of Korea presidential candidate.

View of Yujin Robot's Songdo headquarters. /Courtesy of Yujin Robot

At 2:45 p.m. on the 12th, Yujin Robot is trading at 9,170 won, up 1,760 won (23.75%) compared to the previous transaction day.

Jang Dong-woo, an outside director of Yujin Robot and planning director of the Korean Artificial Intelligence Society, was appointed as the special adviser for future technologies number 2 of Lee Jae-myung's central election countermeasures committee on the 10th.

Jang, the new special adviser who is also a professor at the KAIST Department of Electrical and Electronic Engineering, has been an outside director of Yujin Robot since March 2021.

Yujin Robot is a first-generation robotics corporation in Korea that has been producing robotic vacuum cleaners since 2005. In 2023, it reorganized its robotic vacuum cleaner business and is now developing and selling finished goods such as autonomous delivery robots and smart automation equipment.