The first day of the subscription for the IPO of Yeonggwang YKMC closed at around 4 p.m. on the 4th. The subscription was conducted through Daishin Securities.

According to Daishin Securities' tally, Yeonggwang YKMC recorded 71,366 subscriptions on the first day. As a result, the equal allocation of shares stood at 4.03 shares, with a proportional competition ratio of 28.44 to 1. However, as the second day of subscription remains, the final outcome will likely need to be watched until the 5th.

In terms of schedule, Yeonggwang YKMC is set to list on November 16, with the refund date on November 9. Attention is focused on the stock's price movement on the listing day. If it achieves a 'double-double' (200% gain on debut), the share price could rise to 44,000 won, up 300% from the offering price of 11,000 won. However, excessive optimism should be avoided, as no IPO has achieved a double-double in the second half of this year. The listing day should be viewed from various perspectives, including market trends and supply-demand direction.

Meanwhile, according to regulatory filings, Yeonggwang YKMC's main business is precision machining, special surface treatment, and precision cleaning services for core components of semiconductor and display production equipment.

[※ This article is for reference in making investment decisions, and the final responsibility for investments lies with the investor.]