Issues & Trends

UNION biometrics CEO Buys Shares Worth 200 Million Won on the Open Market

“Strengthening Corporate Governance”

Kwon Oh Seok
2026-08-28 08:58:51
[Edaily Reporter Kwon Oh Seok ] Union community Co., Ltd.(203450), a company specializing in AI (artificial intelligence) biometrics, announced on the 27th that CEO Shin Yo-sik purchased 74,756 shares of common stock on the open market.
(Photo courtesy of UNION biometrics)

CEO Shin acquired the shares on the open market on three separate occasions—the 20th, 21st, and 24th—with the total purchase amount amounting to approximately 180 million won. Analysts view this share purchase as a move that demonstrates management’s strong confidence in the company’s medium- to long-term growth potential and corporate value.
UNION biometrics plans to enhance its business in biometric-based security solutions and increase its corporate value by focusing on markets where demand for high-reliability security is rapidly increasing, including AI data centers, as well as the financial, public, and industrial sectors.
First, DAEDONG CORPORATION is pursuing a large-animal business that simultaneously verifies and manages individual IDs and body temperatures using RFID microchips implanted in cattle. To this end, it recently signed a “Memorandum of Understanding (MOU) for the Establishment of a Smart Traceability System” with the Hapcheon Livestock Cooperative.
Furthermore, the company is rapidly expanding its presence in the global data center security market by increasing its participation in AI infrastructure projects in North America and Europe. Based on facial and fingerprint recognition, mobile access authentication technology, and an integrated access management platform, the company plans to continue expanding its business scope, focusing on high-reliability security environments such as data centers, telecommunications facilities, and key national infrastructure.
In line with the growing demand for biometric-based access control during the construction of global AI infrastructure, the company intends to strengthen collaboration with global data center operators and actively expand its product supply.
A UNION biometrics official explained, “This share purchase by the CEO reflects our commitment to sharing future profits with shareholders, based on our confidence in the company’s management strategy and performance,” adding, “We will continue to pursue the mutual growth of corporate and shareholder value and maintain our shareholder return policy.”

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