Yujin Robot's stock price is strong during trading on the 13th. The stock has surged for two consecutive days following news that a non-executive director joined Lee Jae-myung's campaign for the Democratic Party of Korea.
As of 2:42 p.m. that day, Yujin Robot was trading at 12,510 won, up 2,880 won (29.91%) compared to the previous trading day. Yujin Robot showed an upward trend right after the market opened and reached the upper price limit (the maximum daily price fluctuation limit) as the day progressed. This also marks the highest price in a year.
Jang Dong-ui, a non-executive director of Yujin Robot and the planning director of the Korean Society of Artificial Intelligence, was appointed as the second special advisor for future technologies of Lee Jae-myung's central election campaign committee on the 10th. The new advisor, who is also a professor in the Department of Electrical and Electronic Engineering at KAIST, has served as a non-executive director of Yujin Robot since March 2021.
Following this news, Yujin Robot was categorized as an 'Lee Jae-myung political theme stock' and closed the previous day at 9,630 won, up 29.96%.
Founded in 1993, Yujin Robot is a first-generation robot corporation in Korea. After discontinuing its robot vacuum cleaner business in 2023, it has been developing and selling finished goods such as autonomous logistics robots and smart automation equipment.