L&F History, CEO, Future, Stock Price Analysis

L&F is a manufacturer of anode active materials for lithium secondary batteries established in January 2000.

1. History of L&F

L&F was founded in January 2000. It was listed on the KOSDAQ market in January 2003 and established L&F New Materials in August 2005. In March 2008, L&F Daegu 2 plant was completed, and in February 2016, L&F and L&F new materials were merged. In July 2019, the Guji Plant was completed at the Daegu National Industrial Complex in Guji-myeon, Dalseong-gun, Daegu. With the aim of operating in May 2024, we are planning to invest 650 billion won in Daegu to expand the Guji 3 plant. L&F is a company that manufactures cathode active materials for lithium secondary batteries and related materials and batteries. The head office is located in Dalseo-gu, Daegu. L&F won the $400 million export tower in December 2018, and the exemplary taxpayer presidential citation in March 2019. In July 2019, it was selected as the best job company in Korea, and the Guji factory was completed. In November 2020, he was awarded the Software Copyright Protection Prime Minister's Commendation, and in December 2020, he was awarded the Grand Prize for our owner. L&F produces cathode active material, which is a key material among the four major materials of lithium secondary batteries. L&F is a localized cathode active material that determines the quality and performance of lithium-ion secondary batteries, and has a variety of products that combine advanced technologies with abundant experience in batteries and materials. L&F is responding to the diversified lithium secondary battery material market by continuously developing high-quality and high-performance products and supplies all cathode materials for electric vehicle batteries to LG Energy Solution. L&F is located in Dalseo-gu, Daegu, and L&F's annual sales in 2020 are KRW 356 billion and 652 employees.

2. CEO of L&F

The CEO of L&F is Kim Dong-hoon. Born in 1961, CEO Kim Dong-hoon graduated from Seoul National University's Department of Chemical Engineering and received a doctorate in chemical engineering from Ohio State University in the United States. I joined LG Chem in 1990 and worked in R&D for 20 years. He moved from LG Chem to L&F in 2010 and has been CEO since 2016. CEO Kim Dong-hoon is considered a world-renowned expert in anode materials for lithium secondary batteries. He has greatly contributed to bringing L&F's anode material technology to the highest level in the world and strengthening its competitiveness in the global market. L&F has grown into a global anode material company under the leadership of CEO Kim Dong-hoon. CEO Kim Dong-hoon aims to become the world's leading anode material company for lithium secondary batteries. To this end, he plans to expand R&D investment and strengthen his competitiveness in the global market.

3. L&F Future

The future of L&F is bright. The electric vehicle market is growing rapidly, and the demand for electric vehicle battery anode materials is also increasing. L&F is expanding its capacity to produce anode materials and is entering major markets such as the United States, Europe, and China. L&F is a global leader in electric vehicle battery anode materials. L&F has a competitive advantage in technology, production capacity, and customer network. L&F is expected to continue to grow as the electric vehicle market grows.

4. L&F stock price analysis

Shares of L&F were W265,500 as of June 6, 2023. L&F is a global electric vehicle battery anode material company whose stock price is rising as the electric vehicle market grows. L&F is expanding its capacity to produce anode materials and is entering major markets such as the United States, Europe, and China. L&F is expected to position itself as a global leader in electric vehicle battery anode materials, and the stock is also expected to continue to rise. But since L&F's shares are rising as the electric vehicle market grows, the stock could also fall if growth in the electric vehicle market slows. In addition, as competition is intensifying in the field of electric vehicle battery anode materials, L&F must continue to develop technologies to maintain its competitiveness. Overall, L&F's stock price is expected to rise following the growth of the electric vehicle market, but slowing growth in the electric vehicle market and intensifying competition could be factors for the stock price to fall.

L&F