Vinatech Speed Up Future Business Investment Through Issuance Of 27 Billion Permanent Bond

"Building infrastructure by diversifying hydrogen fuel cell customers and expanding supercapacitor value chain" 

Vinatech Co., Ltd. announced in a public announcement on the 28th that it will issue 27 billion won worth of permanent bonds to make investments in new businesses such as hydrogen fuel cells and hybrid supercapacitors. 

This financing method is expected to contribute to financial stability through the expansion of equity capital by issuing permanent bonds that will be recognized as capital. This issuance reflects the premium factor of the issuer as the company's technology and growth potential are highly evaluated by a number of domestic institutional investors, and Vinatech plans to expand its production line of hydrogen fuel cells and hybrid supercapacitors in Wanju through this funding.

Recently, global leading companies in major countries such as the U.S., Europe and China have announced and implemented mid- to long-term policies and investment plans for the hydrogen industry, and Vinatech's hydrogen fuel cell business is also expected to benefit from the growth of the industry in the future. In particular, sales of hydrogen fuel cell parts reference in the mobility sector began in the second half of this year, and attention is being paid to future growth potential as it is considering applying it to various other applications.

In addition, most of the projects related to hybrid and high-capacity supercapacitors are cruising to expand the market for supercapacitors such as ESS, tram, and defense.

"This financing is an investment for a full-fledged response as visibility is secured for new businesses," said Vinatech CEO Sung Do-kyung, adding, "This issuance of permanent bonds will be the first funding since KOSDAQ listing and will be a priming water for Vinatech's global corporate leap forward."