Termination of Single Sales/Supply Contract (Secondary Battery Mixing Equipment, NextStar Energy, 28.8 billion KRW)
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Contract terminated on 2026-04-30 due to company's rehabilitation proceedings under the Debtor Rehabilitation and Bankruptcy Act
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Contract value: 28,768,294,754 KRW (20.1% of 2023 revenue)
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Fulfillment rate: 60.1% completed (17,293,740,568 KRW) as of termination date
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Counterparty: NextStar Energy Inc. (Canada, secondary battery manufacturing)
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Contract period: 2024-08-22 to 2026-05-01
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Potential additional losses from contract termination
KOSDAQ Filing Information
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Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract
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Company: JEIL M&S (412540)
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Submission: JEIL M&S CO., LTD
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Receipt: 04-30-2026
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Under KRX KOSDAQ Market Division