[Edaily Reporter Shin Ha-yeon ] Expectations are rising for an expansion of supply volumes as HyundaiMotor’s new compact sports utility vehicle (SUV)—for which leather specialist UNI CHEM.CO.,LTD(011330)supplies materials—has seen high demand since the first day of pre-orders.

According to HyundaiMotor on the 23rd, the new compact SUV recorded a total of 15,045 orders on the first day of sales. This represents an increase of approximately 38.8% compared to the 10,842 orders recorded on the first day for the previous-generation model.

UNI CHEM.CO.,LTD is supplying seat leather for this new SUV. In particular, as it will supply seat leather for all three new models that HyundaiMotor is set to unveil in the second half of this year, the company expects to benefit from the expansion in sales of these new models.

The supply volume of leather for automotive seats is linked to the actual production scale of the vehicles in which the material is used. Accordingly, if the increase in new car orders leads to expanded mass production and deliveries, UNI CHEM.CO.,LTD’s supply volume of related products is also likely to rise.

UNI CHEM.CO.,LTD anticipates that if sales of the three new HyundaiMotor models launching in the second half of the year continue to grow, the revenue base of its automotive interior materials business will be strengthened. In particular, as mass production of these new models gains momentum, the company expects that the supply of related leather starting in the second half of this year will contribute to stable revenue over the next three years.