JLT, a company specializing in smart factory automation solutions, announced that it has selected Mirae Asset Securities and Eugene Investment & Securities as joint lead managers and is entering the full-scale initial public offering (IPO) process.
JLT provides automation solutions necessary for building smart factories. It is driving efficiency and quality improvements in manufacturing environments through the development of inspection solutions for welding robots and AI-based optimization solutions for waste electric vehicle (EV) batteries.
The company plans to use this IPO to focus on expanding its investment in research and development (R&D) and enhancing its technological prowess. Based on this, the company aims to strengthen its competitiveness in the domestic and international manufacturing industry automation markets and expand its business scope.
Mirae Asset Securities and Eugene Investment & Securities, selected as lead underwriters, will establish a collaborative system across the entire offering structure design and listing practices to support JLT's preparations for listing and growth.
Since its founding in 2019, JLT has attracted a total of 28.1 billion won in investment. Earlier this year, it secured an additional 23 billion won from domestic and international investors, including Tonbridge Ventures, Partners Investment, SJ Investment Partners, and Silicon Valley-based Millennium New Horizons.
JLT plans to use this IPO as an opportunity to strengthen its technological competitiveness and continuously introduce solutions that contribute to improving productivity and quality in manufacturing sites.
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