Hyosung Heavy Selected as Contractor for 542.8B KRW Redevelopment

Hyosung Heavy Industries selected as contractor for the 'Dapsimni Auto Parts Mall Urban Redevelopment Project'
Expected contract amount: 542,797,112,000 KRW (excluding VAT, approx. 542.8 billion KRW)
Amount equals 9.09% of 2025 consolidated sales of 5,968,511,616,609 KRW
Construction period: 57 months from actual start date (approx. 4.75 years)
Project overview: Construction of retail facilities, neighborhood living facilities, multi-family housing, and officetels in Dapsimni-dong, Dongdaemun-gu, Seoul
Final details to be disclosed upon contract signing