Justec, a specialized company in semiconductor and display motion systems, was listed on the KOSDAQ market on the 29th.

As of 9:00 a.m. on the first day of trading, the stock price stood at 36,200 won, surging 189.60% compared to the public offering price.

■ Subscription Competition Rate 'Overwhelming'... Market Attention Focused

Justec previously recorded a competition rate of 1,294.99 to 1 in the demand forecast for institutional investors, drawing significant market interest. In the retail investor subscription, it also recorded a competition rate of 2,783.89 to 1, with the proportional allocation competition rate soaring to 5,566.77 to 1. The final number of subscription applications was tallied at 402,395.

■ Based on Precision Control Technology... Supplying Core Components for Semiconductors and Displays

Justec's main business is motion systems used in semiconductor and display manufacturing processes. The company is known for supplying core components for automation equipment based on precision control technology.

■ IPO Schedule: Preliminary Review Filed in November Last Year → Passed in April → Subscription Completed in June

The listing schedule began with a preliminary review filing in November of last year, followed by passing the IPO preliminary review in April. After completing institutional demand forecasting and retail subscription in June, the stock began trading on the KOSDAQ market on the 29th.

■ Future Variables: Performance Improvement Key After Initial Supply-Demand Dynamics

In the market, the main variables being discussed are whether the high subscription competition rate will positively impact initial investor sentiment after listing, and conversely, whether performance improvement will determine mid- to long-term corporate value. The situation surrounding the U.S.-Iran war ceasefire is also cited as a variable.

[This article was written with AI assistance. This article is not an investment recommendation, and any gains or losses from investing in IPO stocks are the sole responsibility of the investor.]