# If Chunbo moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/chunbo · Facet: ripple · Updated: 2026-07-12T06:17:21.21515+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Chunbo is directly linked to 3 companies (0 supply, 3 revenue relationships) and reaches 13 companies within two hops; the links are backed by 7 dated sources, 2 of them primary filings (as of 2026-07-12).

Chunbo operates across KOSDAQ, battery electrolyte salts & LCD etchant additives. After +59.1% in 2025, it gave back -32.5% in 2026. The demand side (avg +10.9%) leads the stock (-32.5%), so customer moves come first here. Among connected nodes the furthest ahead is Samsung SDI (+40.5%) and the furthest behind is LG Energy Solution (-9.9%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It also runs an electronic-materials arm that is the world leader in LCD etchant additives.

## Demand chain (leading)
- T1 LG Energy Solution (https://valuechain.wiki/lg-energy-solution.md)
- T2 Tesla (https://valuechain.wiki/tesla.md)
- T3 PG&E Corporation (https://valuechain.wiki/pg-e.md)
- T3 Edison International (https://valuechain.wiki/edison-international.md)
- T2 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T3 Mazda Motor (https://valuechain.wiki/mazda-motor.md)
- T2 General Motors (https://valuechain.wiki/general-motors.md)
- T2 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T2 Honda Motor (https://valuechain.wiki/honda-motor.md)
- T2 DTE Energy (https://valuechain.wiki/dte-energy.md)
- T3 Oracle (https://valuechain.wiki/oracle.md)
- T1 Samsung SDI (https://valuechain.wiki/samsung-sdi.md)
- T1 CATL (https://valuechain.wiki/catl.md)
- T2 UBTech Robotics (https://valuechain.wiki/ubtech.md)
- T3 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T2 Xiaomi (https://valuechain.wiki/xiaomi.md)
- T2 Geely Auto (https://valuechain.wiki/geely-auto.md)
- T2 SAIC Motor (https://valuechain.wiki/saic-motor.md)

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Full node: https://valuechain.wiki/chunbo.md · JSON: https://valuechain.wiki/chunbo.json