1. What Happened?
Pino signed a KRW 8.5 billion NCM precursor supply contract with L&F. The contract period is two months, from August 16, 2025, to October 27, 2025, representing a substantial 27.67% of Pino’s 2024 revenue.
2. Why Is It Important?
This contract is a crucial momentum accelerator for Pino’s new energy business growth. The collaboration with key clients like L&F validates Pino’s technological capabilities and market competitiveness, while securing stable revenue streams. Furthermore, recent contracts with SK Telecom, CITIC Metal, and CNGR HONG KONG raise expectations for Pino’s new energy business expansion.
3. What’s Next?
This contract is projected to positively impact Pino’s performance in the latter half of 2025. It also strengthens the likelihood of further business opportunities through continuous collaboration with L&F. Pino is actively investing in its new business by securing funds through rights offerings and convertible bond issuances. The recent credit rating upgrade further enhances the company’s credibility.
4. What Should Investors Do?
Pino’s growth in the new energy sector and its strengthened partnership with L&F present compelling opportunities for investors. However, it is crucial to consider external factors such as raw material price and exchange rate fluctuations. Continuous monitoring of Pino’s new contract wins and performance in the new energy business sector is essential for developing an informed investment strategy.