Amid a broad rally in domestic secondary battery stocks, Ecopro drew market attention with a surge of more than 23%. Ecopro closed trading at 118,000 won, up more than 23% from the previous trading day.

The sharp rebound in share prices has revived investor sentiment, with buying pressure spreading across battery-related stocks in general. The market attributes the recent sector strength to a combination of growing expectations for the expansion of the energy storage system (ESS) market and the appeal of undervalued stock valuations. Following sharp corrections since last year, the burden on share prices has eased significantly, drawing in bargain hunters in earnest.

In particular, the intensifying global competition in artificial intelligence (AI) data center investments is driving rapid growth in power demand, further bolstering growth prospects for the ESS market. As stable power supply and storage systems are essential for operating large-scale data centers, ESS is emerging as a new growth axis for the battery industry.

Securities firms believe that even if growth in the electric vehicle market slows somewhat compared to before, expanding ESS demand will sufficiently support battery industry earnings. Consequently, investor interest is broadening across the entire supply chain, from battery cell manufacturers to materials and equipment companies. Market attention is refocusing on LG Energy Solution, Samsung SDI, and SK On-related supply chain companies.

The industry projected that the expansion of AI infrastructure and the growth of the power storage market will be key variables determining the future direction of secondary battery stock prices.

[This article was written with the assistance of AI. This article does not constitute investment advice, and any losses arising from IPO investments are the sole responsibility of the investor.]