Chaevi IPO Preview

• Chaevi is getting ready to complete its IPO on the KOSDAQ exchange in April. Chaevi is the leading provider and operator of the EV charging ports in Korea.

• The IPO price range is from 12,300 won to 15,300 won per share. The company is offering 10 million shares in this IPO.

• Despite moderate growth in sales, the company’s operating margins continue remain poor. Operating margin was -32.4% in 2024 and -52.4% in 1Q-3Q 2025.

Chaevi product lineup (Source: Company data)