Yuanta Securities issued a report on Shinsung EST, highlighting the company’s potential benefits from its exclusion from the ESS value chain in China. The report predicts an increase in busbar production from August, with mass production of the JF2 project and heatsinks beginning in November. It also mentions the delivery of water-cooled cooling plates and ESS containers to US companies, and the introduction of an advanced busbar incorporating FPCB circuit technology. Despite costs associated with a US subsidiary and R&D investment, the company recorded solid profits in 1Q25.
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Auto-posted at: 2025-05-27 09:04:42