YM Tech Co., Ltd. (KOSDAQ: 273640) develops and manufactures high-voltage DC relays and switches for electric vehicles, energy storage systems, and industrial applications; its core products include EV Relay applications across various current ratings for electric cars and chargers, DC Contractor Relays for golf carts, electric forklifts, and lifts, Power Relays, Latch Relays, Military Relays, EVH Relays, EVHB Relays, and EVS Relays used in solar inverters, rectifiers, low-voltage DC lighting control, and military equipment. Founded in 2004 and headquartered in Cheongju-si, South Korea, the company operates primarily in the electrical components and equipment sector, serving global markets in electric vehicles, renewable energy, and defense with exports to China, Japan, Europe, and the United States. In March 2025, Cactus Buyout Private Equity Fund 9 Co., Ltd. completed the acquisition of a 40.60% stake from founder and CEO Hongki Kim for KRW 55.7 billion and an additional 7.41% stake, marking a significant ownership shift and capital infusion to support expansion amid growing demand for EV and ESS components.