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Advanced Solar Technology Fuels Share Rally Of South Korea's Jusung Engineering, Minting A New Billionaire

By Forbes May 05, 2026 Bullish
Advanced Solar Technology Fuels Share Rally Of South Korea's Jusung Engineering, Minting A New Billionaire
Shares of Jusung Engineering, a little-known industrial equipment maker in South Korea, have soared roughly 80% since mid-April, following reports that it stands to benefit if China restricts exports of solar manufacturing equipment. The stock surge has made Hwang Chul-joo, the company's founder, chairman and CEO, a billionaire.
Shares of Jusung Engineering, a little-known industrial equipment maker in South Korea, have soared roughly 80% since mid-April, following reports that it stands to benefit if China restricts exports of solar manufacturing equipment. The stock surge has made Hwang Chul-joo, the company's founder, chairman and CEO, a billionaire.