[Edaily Reporter Kwon Oh Seok ] SG CO., LTD.(255220)’s stock price is surging in early trading. SK hynix(000660) It appears that buying interest is surging following news that the company will be the sole supplier of all asphalt concrete for the construction site of the Yongin Advanced System Semiconductor Cluster.

According to MP Doctor on the 8th, as of 9:05 a.m., SG CO., LTD.’s stock is trading at 1,825 won, up 20.94% from the previous trading day.
Earlier that day, the company issued a press release stating, “We are the sole supplier of asphalt concrete to the SK hynix Yongin Cluster site.” The company is also expanding its presence in the infrastructure market for major semiconductor production bases by promoting the use of its eco-friendly product, “EcoSteel Asphalt,” at SamsungElectronics’ Pyeongtaek Campus Semiconductor Plant No. 5 (P5).
The SK hynix Yongin Advanced System Semiconductor Cluster is a national strategic project with a total investment of 122 trillion won; it is South Korea’s largest semiconductor production base, expected to generate hundreds of trillions of won in production-induced economic effects. As large-scale infrastructure construction gets underway in earnest, ensuring a stable supply of high-quality construction materials has emerged as a key challenge.
The company also conducted a trial paving of EcoSteel Ascon at the SamsungElectronics Pyeongtaek Campus P5 site from the 15th to the 17th of last month. SAMSUNG C&T CORPORATION was responsible for construction and quality control, while the supervision team and SG technical and sales personnel inspected the entire process. An SG CO., LTD. representative stated, “Based on our track record as the sole supplier for the SK hynix Yongin Cluster and our efforts to secure adoption at SamsungElectronics’ P5 site, we plan to expand our business into major domestic semiconductor and advanced industrial infrastructure projects.”