Korea/Asia, Events, IPOs/Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Shinheung SEC IPO Preview (Part 1) - Rechargeable Battery Components Producer

MPlus Corp IPO Preview (Part 1) - Rechargeable Batteries Assembly Equipment Manufacturer

The Fourth Industrial Revolution: A Boom, Bust, and a Boom

Equity Capital Markets

<ul>
<li>The IPO price range of Shinsung ST is from 22,000 won to 25,000 won and the expected IPO offering amount is from 44 billion won to 50 billion won.</li>
<li>Shinsung ST produces busbars that connect currents of electric components in secondary battery batteries for EVs and ESSs, and module cases that protect battery cells from external shocks.</li>
<li>The total order backlog of the company's products reached 1.5 trillion won at the end of 2022. Order backlog ratio is 14x, which is very high. </li>
</ul>


The IPO price range of Shinsung ST is from 22,000 won to 25,000 won and the expected IPO offering amount is from 44 billion won to 50 billion won.
Shinsung ST produces busbars that connect currents of electric components in secondary battery batteries for EVs and ESSs, and module cases that protect battery cells from external shocks.
The total order backlog of the company's products reached 1.5 trillion won at the end of 2022. Order backlog ratio is 14x, which is very high. 


Shinsung ST

Shinsung ST IPO Preview