Graphite Acquisition for Electric Vehicles

  Sangbo: Leading the Charge in Graphite Acquisition for Electric Vehicles

Seizing Growth Opportunities in the Electric Vehicle Industry

Sangbo, a pioneering graphene manufacturing company, is poised to capitalize on the intensifying competition among electric vehicle (EV) manufacturers, including industry giants like Tesla and Mercedes-Benz, as they vie to secure graphite resources. With a surge in stock prices reflecting market optimism, Sangbo is well-positioned to thrive in the rapidly expanding EV industry.

Unveiling the Market Surge:

As of 3:23 pm on June 22nd, Sangbo's stock witnessed a remarkable surge, trading at 1,966 won, representing a substantial 29.94% increase (453 won) from the previous trading day. This unprecedented growth can be attributed to a recent report by consulting firm Project Blue, projecting that electric vehicles will account for over 50% of the global graphite market demand this year. Additionally, the report highlights an anticipated shortage of 777,000 tonnes of graphite by 2030, intensifying the urgency for EV manufacturers to secure a steady supply of this crucial resource.

Sangbo's Graphene Expertise:

Renowned for its cutting-edge expertise in advanced graphite processing and graphene production, Sangbo has emerged as a key player in the national graphene barrier film project. With graphene derived from processed graphite, Sangbo harnesses the material's exceptional properties, including superior strength, electrical conductivity, and thermal stability. These qualities make graphene an indispensable material for various EV applications, such as enhancing battery performance and developing lightweight components. With the soaring demand for graphene in the EV industry, Sangbo stands at the forefront of innovation and market expansion.

Investment Considerations:

While Sangbo's stock performance reflects the current positive market sentiment, it's crucial to acknowledge the inherent volatility of intraday trading trends, which may deviate from actual trading patterns. Investors are advised to exercise caution, conduct thorough research, and engage in careful analysis before making investment decisions.

Sangbo's strategic position in the EV industry provides a significant advantage as global electric car manufacturers compete fiercely to secure graphite resources. With the projected shortfall in graphite supply and the increasing prominence of electric vehicles, Sangbo's leadership in graphene manufacturing presents tremendous growth potential and a promising future.