[유상증자 모니터] 유일에너테크, 142억 조달 추진…지분 희석 감내

Repeated equity offerings by battery equipment supplier Uleil EnerTech reveal how EV market downturn cascades through the supply chain, forcing dilutive financing rather than operational recovery. The company's heavy dependence on loss-making partner SK On exposes systemic vulnerability in the battery equipment sector. When capital constraints prevent organic growth and instead erode shareholder value, it signals structural rather than cyclical challenges.