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Sk on's Countdown to Selling Stake in China's Eue, Accelerating Rebalancing

Summary by ddaily.co.kr
[Digital Daily Reporter Go Seong-hyeon] SK On is actively pursuing the sale of its Huizhou EVE United Energy (EUE), a joint venture with China's EVE Energy. This is to address deteriorating profitability despite increased production capacity. Accordingly, there is speculation that a sale decision will be made soon. According to a source familiar with the SK On news on the 19th, SK On is expected to decide on selling its EUE stake to EVE Energy, …
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[Digital Daily Reporter Go Seong-hyeon] SK On is actively pursuing the sale of its Huizhou EVE United Energy (EUE), a joint venture with China's EVE Energy. This is to address deteriorating profitability despite increased production capacity. Accordingly, there is speculation that a sale decision will be made soon. According to a source familiar with the SK On news on the 19th, SK On is expected to decide on selling its EUE stake to EVE Energy, …

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ddaily.co.kr broke the news in on Wednesday, November 19, 2025.
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