Article

Deokyang Energen, an industrial hydrogen production company, garnered approximately 13 trillion Korean won in subscription funds ahead of its KOSDAQ listing, achieving a remarkable competition rate of 1,354.4 to 1. The public offering, priced at the upper limit of 10,000 Korean won, is expected to raise 75 billion Korean won and will fund the construction of a distribution center in Ulsan and facility expansions.