What was discussed at the JO IR?

JO presented its current business status and future strategies during the IR session on September 10, 2025. Key highlights include:

  • Analysis of 2024’s poor performance and improvement plans: JO explained the factors contributing to its decline, including the impact of the secondary battery market downturn and losses from the fair value evaluation of convertible bonds, and presented plans for future profitability improvement.
  • CNT business growth strategy: JO emphasized the growth potential of its CNT business by announcing plans to expand production capacity through the expansion of its Ansan Plant 2 and secure single-walled CNT production plants.
  • Progress of new business initiatives: JO shared the current status and future growth potential of its new businesses, including carbon nanotube fibers, sheets, and all-solid-state batteries.
  • Mid- to long-term competitiveness reinforcement strategy: JO presented strategies for strengthening its competitiveness through increased R&D investment and strategic partnerships.

How did the market react to the IR announcements?

Market reactions to the IR announcements can be divided into positive and negative perspectives. Investors will closely analyze the specifics of the announcements, their feasibility, and whether they meet existing market expectations. The clarity of the explanation regarding the poor performance in 2024 and the feasibility of future growth strategies are expected to be key factors influencing market evaluation.

What should investors do now?

Investors should thoroughly analyze the contents of the IR presentation and continuously monitor future financial performance improvements, new business development progress, and changes in the external environment. Pay particular attention to the following:

  • Objectively analyze the company’s strategies and financial situation through IR materials and disclosures.
  • Continuously monitor external factors, such as secondary battery market trends and changes in the competitive landscape.
  • Develop investment strategies from a long-term perspective without being swayed by short-term stock price fluctuations.