NEXTEYE, a core subsidiary, won Domino's successful listing with a share value of about 58 billion won

NEXTEYE succeeded in listing on the Kostak market through its subsidiary, Domino, expecting a substantial increase in the value of its holdings.

NEXTEYE succeeded in listing on the Kostak market on December 12th. The public offering price of Domino Winning is 26,000 won and the closing price on the day of listing is 29,500 won. The total market value of Domino Winning is about 142.6 billion won based on the closing price.

NEXTEYE holds 1,960,200 shares (40.62%) of Domino Winning. The closing price of Domino on the 12th is the winner. The value of its shares reached about 58 billion won. NEXTEYE's third-quarter report is based on the book value of its Domino shares, which is 660 million won, and the current valuation margin is only about 57.3 billion won. The difference is 34% of NEXTEYE's total market value of about 170 billion won.

Established in 2008, Windomery is a professional manufacturer of X-Ray testing and manufacturing equipment for secondary batteries. Its equipment is X-Ray fluoroscopy to detect tiny defects that can not be distinguished by the naked eye and defects within the product. With the growth of secondary battery market, electric vehicle battery testing equipment has been supplied to BYD and other companies in China. In the third quarter of this year, the quasi-cumulative sales volume, operating profit and net profit reached 23.7 billion won, 6.3 billion won and 4.9 billion won respectively.

At the same time, we are expanding the field of welding inspection equipment and Staking equipment to ensure new growth momentum. Staking equipment has the fastest technology in the world. It is rumored that the price of each Staking machine is billions of won, and it is expected that the performance will also rise sharply after the business is officially launched next year.

According to NEXTEYE, with the successful listing of Windomer, the value of its shares reached about 58 billion won. At the same time, it is expected that Win Domino will also receive large-scale orders next year. NEXTEYE's performance will continue to grow by reflecting the combined performance.