[Edaily Reporter Park Jeong-soo] #RaonPeople executives have demonstrated their commitment to responsible management by purchasing company shares. Raon People announced on the 4th that Chief Technology Officer (CTO) Yoon Ki-wook and Chief Financial Officer (CFO) Jeong Eun-jeong purchased a total of 94,000 shares of the company’s stock on the open market. According to the disclosure, CTO Yoon acquired 63,000 shares, while CFO Jeong acquired 31,000 shares. The company explained that the purchase of company shares by key executives was a decision made to practice responsible management and enhance shareholder value. A company official stated, “Key executives purchased the shares based on the assessment that the current stock price is undervalued relative to the company’s intrinsic value,” adding, “This demonstrates our confidence in the company’s mid- to long-term growth potential and future value to the market, as well as our commitment to growing together with shareholders and stakeholders.” Raon People has recently been expanding its AI agent and inferential AI businesses, as well as its global AI golf solutions business. The company is also broadening its business scope by participating in government projects, including the national strategic "K-Display AX Demonstration Industrial Complex" initiative, region-led AI transformation projects, overseas deployment and demonstration of domestically developed AI NPUs, and the construction of an AI coastal surveillance system. Based on this expansion of new businesses and increased revenue from government projects, the company is raising expectations for improved performance in the second half of the year. The market interprets this share buyback as a move reflecting management’s confidence in improved performance and its medium- to long-term growth outlook. In particular, it is expected that if the expansion of the AI business and new order wins are fully reflected in earnings, this could have a positive impact on the stock price.
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