1. Decoding the KRW 23.5 Billion Contract

On July 21, 2025, Mplus secured a KRW 23.5 billion contract to supply secondary battery assembly equipment over 2 years and 4 months. This represents a substantial 18.25% of Mplus’s annual revenue. Importantly, this is a domestic contract, mitigating risks associated with exchange rate fluctuations and ensuring stable revenue generation.

2. Mplus Stock Forecast: Is it Positive?

In the short term, the KRW 23.5 billion contract is expected to boost Mplus’s revenue, reduce inventory, and potentially drive stock price appreciation. In the long term, it could contribute to increased domestic market share and improved profitability. However, potential headwinds such as a slowdown in the electric vehicle market, fluctuations in raw material prices and exchange rates, and risks associated with contract execution require ongoing monitoring.

3. Action Plan for Investors

Investors considering Mplus should weigh the positive impact of this contract against several important factors.

  • First, verify the creditworthiness and business stability of the contracting party.
  • Second, assess Mplus’s inventory management strategies and the extent to which this contract can improve their high inventory levels.
  • Third, continuously monitor the growth trajectory of the electric vehicle market and the competitive landscape.

A comprehensive evaluation of these factors is crucial for informed investment decisions.