1. What Happened?

On August 6, 2025, Choi Young-cheon disclosed a decrease in his Ecocap stake from 43.13% to 42.35% through a ‘Large Shareholder Report (General)’. The sale was executed through on-market transactions.

2. Why the Sale?

The exact reasons for the sale are unclear. However, Ecocap’s weak Q1 2025 performance (52.33% decrease in operating profit, net loss) might be a contributing factor. External factors like rising exchange rates and raw material prices could also have played a role.

3. What’s Next?

Short-term: Downward pressure on the stock price is anticipated as the sale may be perceived as a negative signal by the market. Mid-to-long term: The stock’s trajectory will depend on factors like further stake sales, management’s stabilizing efforts, and Q2 earnings. The growth potential of EV and ESS businesses presents a positive outlook.

4. What Should Investors Do?

A cautious wait-and-see approach is recommended. Investors should monitor the following:

  • Further stake sales by Choi Young-cheon
  • Ecocap management’s official response and actions
  • Q2 earnings announcement
  • Changes in macroeconomic indicators

Investment decisions should always be made carefully based on individual judgment.