- CEO
- Dong-Rak Choi
- Full Time Employees
- 126
- Sector
- Electronic technology
- Industry
- Electronic components
- Address
- Daegu South Korea
- IPO Date
- Dec 27, 2010
- Business
- EV Advanced Material Co., Ltd. is a South Korea-based technology manufacturing company primarily engaged in the development, fabrication, and sale of flexible printed circuit boards (FPCBs), transparent LED display solutions, and secondary battery raw materials. Founded in 2004 and headquartered in Daegu, South Korea, the company operates across the electronic components, automotive electronics, display technology, and clean energy materials industries, serving global original equipment manufacturers (OEMs), automotive suppliers, and consumer electronics brands. The company operates domestic manufacturing facilities in South Korea and maintains an overseas production base through its subsidiary, EV Advanced Material Vina Co., Ltd., in Vietnam.
The company operates through three principal business divisions: FPCB Manufacturing, Transparent Displays, and Materials Trading. Its product portfolio comprises systematic hardware and materials offerings, including: Single-sided, double-sided, and multi-layer flexible printed circuit boards utilizing semi-additive processes (SAP) and fine-pitch circuitry for high-density interconnects; high-durability slide FPCBs and rigid-flexible printed circuit boards (RFPCBs) engineered for mobile handsets, wearable devices, and healthcare equipment; roll-to-roll (RTR) manufactured large-area FPCBs exceeding one meter in length designed specifically for electric vehicle (EV) battery management systems (BMS) and battery module interconnections; transparent flexible LED display films and architectural media facade systems marketed under the ActVision and Actlit brand series for interior and commercial installation; and industrial materials trading lines encompassing high-purity electrolytic copper cathodes, battery-grade lithium hydroxide, and lithium carbonate for lithium-ion battery supply chains.
In recent strategic developments, the company rebranded from ACT Co., Ltd. to EV Advanced Material Co., Ltd. to underscore its operational pivot toward the electric vehicle and green energy supply chains. The company has aggressively expanded its manufacturing capacity in Vietnam, focusing capital expenditures on dedicated large-area RTR FPCB production lines to support Tier-1 automotive battery programs. On the corporate finance and investment front, EV Advanced Material has diversified into advanced energy technology through strategic equity and convertible bond investments, including backing Taiwan-based solid-state battery developer ProLogium Technology Co. and establishing raw material supply linkages with domestic lithium processing entities. Following its integration into the Roa & Co Group corporate structure, the company executed portfolio rebalancing actions, including the divestment of its controlling stake in SC Engineering to generate KRW 24 billion for balance sheet optimization and overseas facility expansions, alongside targeted third-party equity financing rounds and capital restructuring measures to support continuous operational enhancements.