CoAsia CM (KOSDAQ: 196450), an advanced optical solutions company, announced that it has finalized a 1-for-5 reverse stock split as part of its efforts to stabilize its share price and enhance corporate value by improving market perception associated with low-priced stocks.

The resolution to consolidate five common shares into one was approved as originally proposed at the Extraordinary General Meeting held on August 6. As a result, the total number of issued shares will be adjusted from 45,320,000 to 9,064,000, while the par value per share will increase from KRW 1,000 to KRW 5,000.
 

Through this reverse stock split, the company aims to proactively address strengthened listing maintenance requirements and establish a more stable share structure, thereby enhancing market credibility and investment attractiveness. The company expects that a more rational valuation of its intrinsic value will lead to the expansion of a long-term investor base.
 

CoAsia CM continues to demonstrate improvements in its profitability-driven business structure. Following a return to operating profit last year, the company expects to maintain a stable earnings trajectory, supported by increased supply of high value-added optical lenses for premium smartphones, improved production efficiency, and operational stabilization.
 

Looking ahead, the company plans to further strengthen its growth foundation by expanding its business portfolio into the AI Vision market. Key initiatives include expanding the supply of high value-added lenses for Samsung Electronics’ premium smartphones, advancing the commercialization of 3D sensing camera modules in collaboration with ToF semiconductor specialist Hana Optronics, and developing robotic Stereo Depth Camera solutions in cooperation with its affiliate, CoAsia CM Korea.
 

A company official stated, “This reverse stock split represents a strategic initiative that goes beyond a simple adjustment of par value, aimed at enhancing corporate value and reinforcing shareholder-friendly policies,” adding, “Building on stable profitability, we will continue to strengthen our competitiveness in the mobile optics business while expanding into next-generation growth areas such as robotics and Physical AI.”