{"slug":"cosmo-advanced-materials-technology","name":"코스모신소재","name_en":"Cosmo Advanced Materials & Technology","ticker":"005070.KS","updated_at":"2026-07-12T04:11:30.739+00:00","canonical":"https://valuechain.wiki/cosmo-advanced-materials-technology","citable":"밸류체인 그래프 기준 코스모신소재의 직접 연결 기업은 5곳(관계 기준 공급 2·매출 3)이고, 사슬을 2차까지 넓히면 10곳에 닿는다. 링크의 근거 출처는 6건이며 그중 1차공시가 2건이다 (valuechain.wiki, 2026-07-12 기준).","citable_en":"Per the valuechain.wiki graph, Cosmo Advanced Materials & Technology is directly linked to 5 companies (2 supply, 3 revenue relationships) and reaches 10 companies within two hops; the links are backed by 6 dated sources, 2 of them primary filings (as of 2026-07-12).","kicker":"양극재·MLCC 이형필름 소재사","kicker_en":"Cathode and MLCC release-film maker","lead":"코스모신소재는 리튬이차전지용 하이니켈 NCM 양극활물질과 MLCC 공정용 이형필름을 만드는 소재 기업이다. 2025년(제59기) 매출은 456,296백만원으로, 양극활물질이 71.8%, 기능성필름(이형필름·토너)이 28.2%를 차지한다. 양극재는 LG화학과 삼성SDI에, MLCC 이형필름은 삼성전기에 공급한다. 핵심 원료인 리튬은 알버말·SQM에서, NCM 전구체는 중국 CNGR·화진에서 사들이며, 원료 가격은 국제시세(LME·FMB)에 연동된다. 전기차 수요 정체(캐즘)로 양극재 매출이 흔들렸으나 단결정 하이니켈 양극재를 반등 카드로 삼고 있다.","lead_en":"Cosmo Advanced Materials & Technology makes high-nickel NCM cathode active material for lithium-ion batteries and release film for MLCC production. In its 2025 fiscal year revenue was 456.3 billion won, with cathode at 71.8 percent and functional film (release film and toner) at 28.2 percent. It supplies cathode to LG Chem and Samsung SDI, and MLCC release film to Samsung Electro-Mechanics. It buys lithium from Albemarle and SQM and NCM precursor from China's CNGR and Huajin, with raw-material prices tied to global benchmarks (LME and FMB). An EV demand lull hit cathode sales, and the company is betting on single-crystal high-nickel cathode for a turnaround.","segments":{"parts":[{"name":"이차전지 양극활물질","note":"매출 327,634백만원(71.8%). 하이니켈 NCM·단결정. 고객 LG화학·삼성SDI"},{"name":"기능성 필름(MLCC 이형필름)","note":"매출 115,226백만원(25.3%). MLCC 공정용 이형필름, 고객 삼성전기"},{"name":"토너","note":"매출 13,436백만원(2.9%). 레이저 프린터·복합기용 재생토너"}]},"segments_en":{"parts":[{"name":"Battery cathode active material","note":"Revenue 327.6 billion won (71.8%). High-nickel NCM and single-crystal. Customers LG Chem and Samsung SDI"},{"name":"Functional film (MLCC release film)","note":"Revenue 115.2 billion won (25.3%). Release film for MLCC processing, customer Samsung Electro-Mechanics"},{"name":"Toner","note":"Revenue 13.4 billion won (2.9%). Recycled toner for laser printers and copiers"}]},"returns_yearly":{"2021":121.4,"2022":48.7,"2023":128.9,"2024":-60.4,"2025":-3.4,"2026":-22.5},"return_asof":"2026-07-10","value_chain":{"leading":[{"slug":"marvell","name":"Marvell","name_en":"Marvell","tier":3,"returns_yearly":{"2021":84.6,"2022":-57.5,"2023":63.7,"2024":83.8,"2025":-22.8,"2026":177.8}},{"slug":"amd","name":"AMD","name_en":"AMD","tier":3,"returns_yearly":{"2021":56.9,"2022":-55,"2023":127.6,"2024":-18.1,"2025":77.3,"2026":160.5}},{"slug":"apple","name":"Apple","name_en":"Apple","tier":3,"returns_yearly":{"2021":34.6,"2022":-26.4,"2023":49,"2024":30.7,"2025":9.1,"2026":16.2}},{"slug":"broadcom","name":"Broadcom","name_en":"Broadcom","tier":3,"returns_yearly":{"2021":56.5,"2022":-13.3,"2023":104.2,"2024":110.5,"2025":50.6,"2026":16}},{"slug":"alphabet","name":"알파벳 (구글)","name_en":"Alphabet (Google)","tier":3,"returns_yearly":{"2021":65.3,"2022":-39.1,"2023":58.3,"2024":36,"2025":66,"2026":14.3}},{"slug":"nvidia","name":"NVIDIA","name_en":"NVIDIA","tier":3,"returns_yearly":{"2021":125.5,"2022":-50.3,"2023":239,"2024":171.2,"2025":38.9,"2026":13.3}},{"slug":"qualcomm","name":"Qualcomm","name_en":"Qualcomm","tier":3,"returns_yearly":{"2021":22.3,"2022":-38.6,"2023":35.1,"2024":8.3,"2025":13.8,"2026":11.7}},{"slug":"ibm","name":"IBM","name_en":"IBM","tier":3,"returns_yearly":{"2021":16.7,"2022":10.6,"2023":21.8,"2024":39.3,"2025":38.2,"2026":-1.6}},{"slug":"mazda-motor","name":"마쓰다","name_en":"Mazda Motor","tier":3,"returns_yearly":{"2021":18.8,"2022":22.8,"2023":81.1,"2024":-39,"2025":17.3,"2026":-3.2}},{"slug":"general-motors","name":"제너럴 모터스","name_en":"General Motors","tier":3,"returns_yearly":{"2021":40.8,"2022":-42.4,"2023":7.9,"2024":49.8,"2025":54.2,"2026":-3.8}},{"slug":"hyundai-motor-company","name":"현대차","name_en":"Hyundai Motor Company","tier":3,"returns_yearly":{"2021":-16.7,"2022":-4.7,"2023":16.2,"2024":12.3,"2025":158.8,"2026":-7.8}},{"slug":"tesla","name":"Tesla","name_en":"Tesla","tier":3,"returns_yearly":{"2021":49.8,"2022":-65,"2023":101.7,"2024":62.5,"2025":11.4,"2026":-9.3}},{"slug":"ase","name":"ASE테크놀로지","name_en":"ASE Technology","tier":2,"returns_yearly":{"2021":38.3,"2022":-12.8,"2023":60.9,"2024":10.1,"2025":65.6,"2026":167.6}},{"slug":"panasonic-energy","name":"파나소닉 에너지","name_en":"Panasonic Energy","tier":2,"returns_yearly":{"2021":-5.7,"2022":-1.6,"2023":20.1,"2024":16.6,"2025":36.2,"2026":113.2}},{"slug":"lg-electronics","name":"LG전자","name_en":"LG Electronics","tier":2,"returns_yearly":{"2021":-16.2,"2022":-20.9,"2023":-5.8,"2024":-9.5,"2025":19.2,"2026":85.5}},{"slug":"amkor","name":"앰코테크놀로지","name_en":"Amkor Technology","tier":2,"returns_yearly":{"2021":65.6,"2022":-2.3,"2023":40.3,"2024":-20.8,"2025":55.9,"2026":79}},{"slug":"samsung-electronics","name":"삼성전자","name_en":"Samsung Electronics","tier":2,"returns_yearly":{"2021":-9,"2022":-14.2,"2023":20.9,"2024":-26.4,"2025":212.9,"2026":77.9}},{"slug":"samsung-electro-mechanics","name":"삼성전기","name_en":"Samsung Electro-Mechanics","tier":1,"returns_yearly":{"2021":-11.8,"2022":-18.5,"2023":-1.4,"2024":-2.5,"2025":110,"2026":467.7}},{"slug":"samsung-sdi","name":"삼성SDI","name_en":"Samsung SDI","tier":1,"returns_yearly":{"2021":-19,"2022":15.8,"2023":-45.7,"2024":-40.2,"2025":75.7,"2026":11.3}},{"slug":"lg-chem","name":"LG화학","name_en":"LG Chem","tier":1,"returns_yearly":{"2021":-29,"2022":9.7,"2023":-36.6,"2024":-45.3,"2025":31.2,"2026":-14.4}}],"benefiting":[{"slug":"sqm","name":"SQM","name_en":"Sociedad Química y Minera de Chile S.A.","tier":1,"returns_yearly":{"2021":6.8,"2022":71.8,"2023":-18.3,"2024":-39.4,"2025":89.2,"2026":7.6}},{"slug":"albemarle","name":"Albemarle","name_en":"Albemarle","tier":1,"returns_yearly":{"2021":59.8,"2022":-6.6,"2023":-32.8,"2024":-39.5,"2025":67.7,"2026":-10.4}}],"analysis":"리튬이차전지용 하이니켈 NCM 양극활물질(매출 71.8%)과 MLCC 공정용 이형필름(25.3%)을 만드는 소재사로, 양극재는 LG화학·삼성SDI에 이형필름은 삼성전기에 공급하는 이원 구조가 특징이다. 전기차 캐즘으로 양극재 매출이 흔들려 LG화학 공급계약이 당초 3,621억원에서 2,504억원으로 하향됐고, 대응으로 고객을 다변화해 2025년 3분기 삼성SDI 물량 비중이 약 80%로 올랐으며 단결정 하이니켈을 반등 카드로 삼는다. 반면 삼성전기향 이형필름은 AI 서버·전장 MLCC 수요로 성장해 양극재 부진을 상쇄하는 균형추다. 원가는 리튬(알버말·SQM, 약 2,499억원)·전구체(중국 CNGR·화진)가 국제시세(LME·FMB)에 연동돼 스프레드가 실적을 가른다.","analysis_en":"A materials maker of high-nickel NCM cathode active material (71.8% of revenue) and MLCC release film (25.3%), with a dual structure supplying cathode to LG Chem and Samsung SDI and release film to Samsung Electro-Mechanics. The EV demand lull shook cathode sales — the LG Chem supply contract was cut from KRW 362.1B to KRW 250.4B — and in response it diversified customers (Samsung SDI rose to ~80% of cathode volume by Q3 2025), betting on single-crystal high-nickel for a rebound. Meanwhile release film to Samsung Electro-Mechanics grew on AI-server and automotive MLCC demand, a counterweight offsetting cathode weakness. Costs hinge on lithium (Albemarle, SQM; ~KRW 249.9B) and precursor (China's CNGR, Huajin) priced against global benchmarks (LME, FMB), so the spread decides results.","analysis_asof":"2026-07-10"},"edges":[{"direction":"revenue","counterparty":"LG Chem","counterparty_slug":"lg-chem","confidence":"high","metric":{"type":"contract_value","unit":"KRW billion","as_of":"2025-04-30","basis":"양극활물질 단일판매·공급계약(매출액대비 39.8%)","value":250.4,"period":"2024-05~2025-04","basis_en":"cathode single supply contract (39.8% of revenue)"},"note":"양극활물질(하이니켈 NCM) 공급. 2025년 단일공급계약 250,416백만원(최근매출액 대비 39.8%), 캐즘으로 당초 362,095백만원에서 하향.","note_en":"Supplies high-nickel NCM cathode active material. 2025 single-supply contract worth 250.4 billion won (39.8% of recent revenue), cut from an initial 362.1 billion won due to the EV demand lull.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-06-02","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260602000342","title":"코스모신소재 사업보고서 (2025.12)","title_en":"Cosmo AM&T Annual Business Report (FY2025)","excerpt":"주요 매출처는 삼성전기, 삼성SDI, 엘지화학 등이며, 양극활물질 매출은 327,634백만원(전체 71.8%).","excerpt_en":"Main customers are Samsung Electro-Mechanics, Samsung SDI and LG Chem; cathode revenue was 327.6 billion won (71.8% of total)."},{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2025-04-30","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20250430801069","title":"코스모신소재 단일판매·공급계약체결(정정)","title_en":"Cosmo AM&T Single Supply Contract (amended)","excerpt":"계약상대 LG화학, 기타 판매·공급계약(기본구매계약), 계약금액 250,416,166,268원, 매출액대비 39.8%, 계약기간 2024-05-01~2025-04-30. 캐즘에 따른 고객사 수주 감소를 반영해 당초 362,095,003,295원에서 111,678,837,027원 감소.","excerpt_en":"Counterparty LG Chem, basic purchase contract, 250,416,166,268 won (39.8% of revenue), term 2024-05-01 to 2025-04-30. Cut by 111.7 billion won from the initial 362.1 billion won to reflect lower orders amid the demand lull."},{"stance":"confirms","publisher":"THE ELEC","publisher_en":"THE ELEC","kind":"news","lang":"en","published_at":null,"url":"https://www.thelec.net/news/articleView.html?idxno=413","title":"Cosmo AM&T developing high-nickel batteries with Samsung, LG","title_en":"Cosmo AM&T developing high-nickel batteries with Samsung, LG","excerpt":"Cosmo AM&T is developing EV batteries with a nickel content of 80% or higher in joint efforts with Samsung SDI and LG Chem.","excerpt_en":"Cosmo AM&T is developing EV batteries with a nickel content of 80% or higher in joint efforts with Samsung SDI and LG Chem."}]},{"direction":"cost","counterparty":"Albemarle","counterparty_slug":"albemarle","confidence":"high","metric":{"type":"purchase_value","unit":"KRW billion","as_of":"2025-12-31","basis":"리튬 매입액(알버말·SQM 합산)","value":249.9,"basis_en":"lithium purchases (Albemarle and SQM combined)"},"note":"양극재 핵심원료 리튬 매입처. 리튬 구입액 249,944백만원, 가격은 국제시세(LME·FMB) 연동.","note_en":"Lithium supplier for cathode. Lithium purchases 249.9 billion won, priced against global benchmarks (LME and FMB).","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-06-02","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260602000342","title":"코스모신소재 사업보고서 (2025.12)","title_en":"Cosmo AM&T Annual Business Report (FY2025)","excerpt":"양극활물질의 핵심원료인 리튬은 주로 Albemarle(칠레), SQM(칠레)과 거래. 리튬 구입액 249,944백만원.","excerpt_en":"Lithium, a key cathode raw material, is sourced mainly from Albemarle (Chile) and SQM (Chile). Lithium purchases 249.9 billion won."}]},{"direction":"revenue","counterparty":"Samsung SDI","counterparty_slug":"samsung-sdi","confidence":"high","metric":{"basis":"양극활물질 공급, 2025년 3분기 물량비중 약 80%, 금액 비공개","basis_en":"cathode supply, ~80% of Q3 2025 volume, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"양극활물질(NCM) 공급. ESS·소형전지용 NCM523 납품, 2025년 3분기 기준 양극재 물량의 약 80%를 차지(고객 다변화).","note_en":"Supplies NCM cathode active material. Provides NCM523 for ESS and small cells; by Q3 2025 accounted for about 80% of cathode volume as the customer mix diversified.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-06-02","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260602000342","title":"코스모신소재 사업보고서 (2025.12)","title_en":"Cosmo AM&T Annual Business Report (FY2025)","excerpt":"주요 매출처는 삼성전기, 삼성SDI, 엘지화학 등이며 매출처별 금액·비율은 계약 이행 등을 위해 생략.","excerpt_en":"Main customers are Samsung Electro-Mechanics, Samsung SDI and LG Chem; per-customer amounts are omitted for contract reasons."},{"stance":"mentions","publisher":"IBK투자증권/네이트","publisher_en":"IBK Securities via Nate","kind":"research","lang":"ko","published_at":"2025-11-19","url":"https://news.nate.com/view/20251119n05812","title":"코스모신소재, 목표가 50,000원 - IBK투자증권","title_en":"Cosmo AM&T, target 50,000 won - IBK Securities","excerpt":"3분기 LG 의존도가 100%에서 LGES 20%, SDI 80%로 변화하며 고객 다변화. 목표주가 50,000원(투자의견 Trading Buy).","excerpt_en":"In Q3 the mix shifted from 100% LG dependence to 20% LG Energy Solution and 80% Samsung SDI. Target price 50,000 won (Trading Buy)."},{"stance":"confirms","publisher":"THE ELEC","publisher_en":"THE ELEC","kind":"news","lang":"en","published_at":null,"url":"https://www.thelec.net/news/articleView.html?idxno=413","title":"Cosmo AM&T developing high-nickel batteries with Samsung, LG","title_en":"Cosmo AM&T developing high-nickel batteries with Samsung, LG","excerpt":"The company had been a supplier of cathodes to Samsung SDI for small batteries and began supplying high-nickel cathode (NCM523) for ESS from 2020.","excerpt_en":"The company had been a supplier of cathodes to Samsung SDI for small batteries and began supplying high-nickel cathode (NCM523) for ESS from 2020."}]},{"direction":"cost","counterparty":"SQM","counterparty_slug":"sqm","confidence":"high","metric":{"basis":"리튬 매입(알버말과 합산 249,944백만원), 개별금액 비공개","basis_en":"lithium supply (249.9B won combined with Albemarle), individual value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"양극재 핵심원료 리튬 매입처(칠레). 리튬 총 구입액 249,944백만원, 국제시세 연동.","note_en":"Chile-based lithium supplier for cathode. Total lithium purchases 249.9 billion won, priced against global benchmarks.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-06-02","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260602000342","title":"코스모신소재 사업보고서 (2025.12)","title_en":"Cosmo AM&T Annual Business Report (FY2025)","excerpt":"리튬은 주로 Albemarle(칠레), SQM(칠레)과 거래하고 있으며, 국제시세(FMB, LME)에 연동되어 공급받고 있습니다.","excerpt_en":"Lithium is sourced mainly from Albemarle (Chile) and SQM (Chile), supplied at prices tied to global benchmarks (FMB, LME)."}]},{"direction":"revenue","counterparty":"Samsung Electro-Mechanics","counterparty_slug":"samsung-electro-mechanics","confidence":"mid","metric":{"type":"segment_revenue","unit":"KRW billion","as_of":"2025-12-31","basis":"기능성필름 매출(전체 25.3%)","value":115.2,"basis_en":"functional-film revenue (25.3% of total)"},"note":"MLCC 공정용 이형필름 공급. 기능성필름 매출 115,226백만원(전체 25.3%). AI 서버·전장용 MLCC 확대에 연동.","note_en":"Supplies release film for MLCC processing. Functional-film revenue 115.2 billion won (25.3% of total), tied to growth in AI-server and automotive MLCC.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-06-02","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260602000342","title":"코스모신소재 사업보고서 (2025.12)","title_en":"Cosmo AM&T Annual Business Report (FY2025)","excerpt":"주요 매출처는 삼성전기, 삼성SDI, 엘지화학 등. 기능성필름(MLCC용 이형필름) 매출 115,226백만원, 전체 25.25%.","excerpt_en":"Main customers include Samsung Electro-Mechanics. Functional-film (MLCC release film) revenue 115.2 billion won, 25.25% of total."},{"stance":"mentions","publisher":"THE ELEC","publisher_en":"THE ELEC","kind":"news","lang":"en","published_at":null,"url":"https://thelec.net/news/articleView.html?idxno=3453","title":"Cosmo AM&T to start new MLCC film line","title_en":"Cosmo AM&T to start new MLCC film line","excerpt":"Cosmo AM&T is expanding MLCC release film capacity; release film is an essential consumable for MLCC manufacturing.","excerpt_en":"Cosmo AM&T is expanding MLCC release film capacity; release film is an essential consumable for MLCC manufacturing."}]},{"direction":"cost","counterparty":"CNGR","counterparty_slug":null,"confidence":"mid","metric":{"type":"purchase_value","unit":"KRW billion","as_of":"2025-12-31","basis":"NCM 전구체 매입액(화진 포함)","value":29.5,"basis_en":"NCM precursor purchases (incl. Huajin)"},"note":"NCM 전구체 매입처(중국). NCM 전구체 구입액 29,456백만원. 전구체는 전 세계 이차전지 수요에 따라 가격 변동.","note_en":"China-based NCM precursor supplier. NCM precursor purchases 29.5 billion won; precursor prices move with global battery demand.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-06-02","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260602000342","title":"코스모신소재 사업보고서 (2025.12)","title_en":"Cosmo AM&T Annual Business Report (FY2025)","excerpt":"전구체는 CNGR(중국), HUAJIN(중국)과 거래하고 있습니다. NCM 전구체 구입액 29,456백만원.","excerpt_en":"Precursor is sourced from CNGR (China) and Huajin (China). NCM precursor purchases 29.5 billion won."}]},{"direction":"revenue","counterparty":"배터리 셀 (하이니켈 양극재)","counterparty_slug":null,"confidence":"mid","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"하이니켈 NCM 양극재·MLCC용 이형필름 제조 — 국내 배터리 3사향 양극재 공급 확대 중.","note_en":"Makes high-nickel NCM cathodes and MLCC release film; expanding cathode supply to Korean cell makers.","sources":[{"stance":"mentions","publisher":"파이낸스스코프","publisher_en":"Finance Scope","kind":"news","lang":"ko","published_at":"2024-11-07","url":"https://www.finance-scope.com/article/view/scp202411070013","title":"나노신소재, LG엔솔·삼성SDI 납품 위한 미국·폴란드 CNT 공장","title_en":"Advanced Nano Products builds US and Poland CNT plants to supply LG and Samsung SDI","excerpt":"코스모신소재는 하이니켈 양극재 제조사로 국내 배터리사에 공급.","excerpt_en":"Cosmo AM&T makes high-nickel cathodes for Korean cell makers."}]},{"direction":"cost","counterparty":"Mitsubishi Chemical","counterparty_slug":null,"confidence":"mid","metric":{"basis":"토너용 레진 공급, 금액 비공개","basis_en":"toner resin supply, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"토너용 RESIN(레진) 매입처(일본). 석유화학 가격 상승으로 단가 인상 압력.","note_en":"Japan-based supplier of resin for toner. Facing price hikes as petrochemical costs rise.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-06-02","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260602000342","title":"코스모신소재 사업보고서 (2025.12)","title_en":"Cosmo AM&T Annual Business Report (FY2025)","excerpt":"RESIN의 경우 미쯔비시화학(일본) 등 해외 및 국내업체와 거래 중. 최근 토너 수요 감소로 공급선에서 수익성 없는 품목 단가 인상 시행 중.","excerpt_en":"Resin is sourced from Mitsubishi Chemical (Japan) and other overseas and domestic firms; suppliers are raising prices on low-margin items as toner demand falls."}]},{"direction":"cost","counterparty":"Huajin","counterparty_slug":null,"confidence":"mid","metric":{"basis":"NCM 전구체 공급, 금액 비공개","basis_en":"NCM precursor supply, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"NCM 전구체 매입처(중국). CNGR와 함께 양극재용 전구체 공급.","note_en":"China-based NCM precursor supplier, alongside CNGR, for cathode.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-06-02","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260602000342","title":"코스모신소재 사업보고서 (2025.12)","title_en":"Cosmo AM&T Annual Business Report (FY2025)","excerpt":"전구체는 CNGR(중국), HUAJIN(중국)과 거래하고 있습니다.","excerpt_en":"Precursor is sourced from CNGR (China) and Huajin (China)."}]}]}