Samsung SDI 2 trillion bequest… Jeil M&S raises expectations for mixing equipment supply
Press release2025.03.20
As news spreads that Samsung SDI is pursuing a paid-in capital increase worth 2 trillion won to strengthen future competitiveness and accelerate mid- to long-term growth, the stock price of Jeil M&S is also affected.
As of 1:47 p.m. on the 14th, Jeil M&S is trading at 6,970 won, up 5.34% from the previous trading day.
On this day, Samsung SDI announced that it is pursuing a paid-in capital increase worth 2 trillion won to strengthen future competitiveness and accelerate mid- to long-term growth.
Samsung SDI announced that it plans to use the funds raised through this paid-in capital increase to invest in a joint venture with General Motors (GM) in the United States, expand production capacity at its plant in Hungary in Europe, and invest in domestic solid-state battery line facilities.
In addition, it plans to actively review and pursue various financing methods, such as utilizing its assets in the future.
Samsung SDI President Choi Joo-sun said, "We decided to increase capital in order to accelerate mid- to long-term growth based on a stable financial structure," and added, "We will overcome the chasm by strengthening technological competitiveness, expanding sales and orders, and innovating costs, and prepare for the upcoming super cycle."
Meanwhile, Samsung SDI and GM announced plans to invest $3.5 billion (approximately KRW 4.6 trillion) to build a square battery joint venture in New Carlisle, Indiana, USA. The initial production capacity is 27 gigawatt hours (GWh) per year, and the two companies plan to expand it to 36 GWh in the future.
With this news, Jeil M&S, which has built a relationship with Samsung SDI for over 40 years and possesses mixing equipment technology that is the top priority in the battery manufacturing process, is attracting attention.
Currently, Jeil M&S is operating a mixing equipment business as its main business, accounting for 85% of total sales due to the growth of the electric vehicle battery industry. Thanks to this technological prowess, Jeil M&S has built a relationship with Samsung SDI for over 40 years and supplies mixing equipment to all domestic battery companies, including LG Energy Solution and SK On.
As of 1:47 p.m. on the 14th, Jeil M&S is trading at 6,970 won, up 5.34% from the previous trading day.
On this day, Samsung SDI announced that it is pursuing a paid-in capital increase worth 2 trillion won to strengthen future competitiveness and accelerate mid- to long-term growth.
Samsung SDI announced that it plans to use the funds raised through this paid-in capital increase to invest in a joint venture with General Motors (GM) in the United States, expand production capacity at its plant in Hungary in Europe, and invest in domestic solid-state battery line facilities.
In addition, it plans to actively review and pursue various financing methods, such as utilizing its assets in the future.
Samsung SDI President Choi Joo-sun said, "We decided to increase capital in order to accelerate mid- to long-term growth based on a stable financial structure," and added, "We will overcome the chasm by strengthening technological competitiveness, expanding sales and orders, and innovating costs, and prepare for the upcoming super cycle."
Meanwhile, Samsung SDI and GM announced plans to invest $3.5 billion (approximately KRW 4.6 trillion) to build a square battery joint venture in New Carlisle, Indiana, USA. The initial production capacity is 27 gigawatt hours (GWh) per year, and the two companies plan to expand it to 36 GWh in the future.
With this news, Jeil M&S, which has built a relationship with Samsung SDI for over 40 years and possesses mixing equipment technology that is the top priority in the battery manufacturing process, is attracting attention.
Currently, Jeil M&S is operating a mixing equipment business as its main business, accounting for 85% of total sales due to the growth of the electric vehicle battery industry. Thanks to this technological prowess, Jeil M&S has built a relationship with Samsung SDI for over 40 years and supplies mixing equipment to all domestic battery companies, including LG Energy Solution and SK On.