Bumhan Fuel Cell, a company specializing in hydrogen fuel cell technology, saw its shares rise by over 25%.
According to the Korea Exchange, as of 9:02 a.m. on September 9, Bumhan Fuel Cell's stock was trading at 22,200 won, a 23.40% increase from the previous trading day.
The company develops and manufactures hydrogen fuel cells and is involved in projects for submarine fuel cells, building fuel cells for buildings, and establishing hydrogen charging stations.
Notably, its submarine fuel cell module became the second in the world to achieve commercialization, following Germany.
The surge in stock price is attributed to the company's benefits from the expanding global investment in power infrastructure, which has bolstered the supply chain for key components.
* This article has been translated by AI.
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