HanmiGlobal's stock surged after news that it signed a memorandum of understanding (MOU) with KEPCO E&C for cooperation in the nuclear power generation business.
HanmiGlobal shares traded at 21,300 won in the after-market at 4:42 p.m. on the 18th. This represents an increase of 21.16% (3,720 won) from the previous day's closing price. Trades also occurred at 21,450 won, reaching the highest price in the last year.
On this day, HanmiGlobal declined by 1.02% (180 won) in regular trading compared to the previous day; however, the stock price surged sharply after the news of the MOU with KEPCO E&C was reported. It appears that investors flocked to the stock considering the recent rise in related stocks in line with the "nuclear renaissance."
HanmiGlobal and KEPCO E&C agreed to enhance their project management capabilities for nuclear design and establish a data-driven decision-making system that incorporates advanced technologies such as digital twins and artificial intelligence (AI). They also decided to collaborate on creating new business opportunities in overseas markets and in areas requiring future development, such as high-level radioactive waste disposal.