"Let's Prevent Delisting": Consumers Rally to Support Food Company

First, consumers are actively purchasing products to help save a food company that was at risk of being delisted from the stock market.

Recently, a movement to support Hansung Enterprise, a mid-sized food company, has been spreading rapidly, primarily through social media.

Concerns were raised that Hansung Enterprise could fall below the Korea Exchange's tightened market capitalization threshold of 30 billion won for delisting, as its stock price had declined due to rising raw material costs and deteriorating financial performance.

Once this news spread, netizens began posting proof of their support, not only by purchasing the company's products but also by buying its stock directly.

The surge in orders led to some products on the company's official online mall selling out, causing delivery delays.

The stock price also saw a temporary spike of over 10 percent.

The wave of support was further fueled by the fact that the company has been sponsoring a peace concert for UN war veterans for 25 years, a detail that has recently gained renewed attention.

The company expressed its gratitude, stating that all employees were deeply moved by the unexpected level of support, and promised to continue being an honest food company that stays true to the basics.

(Source: Online community, Hansung Enterprise)
※ Please note: This article was translated by AI and may contain errors.