On March 31, according to foreign media reports, after LG Chem divested its battery business and established a new company, LG Energy Solutions, which focuses on electric vehicle batteries and other businesses, SK Innovation also spun off their battery business.And established a new company SK On.
SK Innovation has divested its battery business and established a new company, SK On. According to foreign media, they are also considering listing and financing to expand the scale and promote development through financing.
But for SK On’s listing and financing, Kim Jun, the vice chairman and CEO of the parent company SK Innovation, said on Thursday local time,They won’t consider it for at least the next two to three years.
Kim Jun revealed that they will still raise funds in other ways. Before going public for financing, they will enhance the competitiveness of the company and enhance the value of the company.
Kim Jun said after the shareholder meeting that the most important thing to push for the IPO is to get their battery business recognized by the market, and as they continue to expand, they need large-scale resources, and they plan onfirst half of this yearSign the relevant investment agreement.
Kim Jun also revealed that they are expected to be able to After 2025has delivered impressive results in terms of sales, profitability and equipment stability management, and he also believes that if they conduct an IPO, it will be after 2025.
.
[related_posts_by_tax taxonomies=”post_tag”]
The post SK Innovation CEO says not considering listing of battery subsidiary SK On for two to three years appeared first on Gamingsym.