1. Jae-young Choi Acquires 11.93% of HVM: What Happened?

On September 1, 2025, Jae-young Choi disclosed the acquisition of 1,420,000 shares (11.93%) of HVM. While reported as a new holding due to the dissolution of a special relationship, the stated purpose of ‘management influence’ has captured market attention.

2. Why Does This Matter? Potential Management Changes and Investment Strategies

Choi’s stake acquisition is interpreted as a strategic move towards management participation, not merely an investment. This suggests potential changes in HVM’s management strategies and potential increases in corporate value, making it crucial information for investors. While short-term stock price momentum is expected due to anticipated management premiums, the long-term perspective hinges on Choi’s management capabilities and their impact on improving HVM’s fundamentals.

3. Understanding HVM: Fundamental and Market Analysis

HVM is a prominent player in the advanced metals manufacturing sector, supplying essential materials to future growth industries such as aerospace, semiconductors, and displays. The company faces both opportunities and challenges, with positive factors like strengthening technological competitiveness and expanding production capacity, alongside the need for improved profitability and inventory management. The high growth potential of the advanced metals market presents opportunities for HVM, while intensifying competition and macroeconomic variables require continuous monitoring.

4. Action Plan for Investors

  • Monitor HVM’s management strategy announcements and performance changes, verifying whether Choi’s participation translates into tangible fundamental improvements.
  • Assess the transparency of information disclosure regarding management changes and prepare for macroeconomic and market volatility.