SEONDO ELECTRIC Extends SHC-1 Project SWGR·MCC·C-GIS Supply Contract Completion by 2 Months... KRW 2.25 Billion Contract Maintained, Limited Impact on Shareholder Value
SEONDO ELECTRIC filed a correction on 2026-05-27 extending the completion date of the SHC-1 Project SWGR·MCC·C-GIS supply contract with SC Engineering from 2026-05-31 to 2026-07-31, a 2-month delay.
The contract value is KRW 2.25 billion, representing 5.4% of 2023 consolidated revenue of KRW 41.64 billion; other terms including payment conditions remain unchanged.
This amendment is purely a schedule adjustment, unrelated to new orders or capital raising, thus having limited impact on enterprise or shareholder value.
[AI Comprehensive Analysis]This disclosure is a simple correction extending the completion date by two months, involving no new revenue or changes in profitability. From an investor perspective, it is a neutral event with no additional risk factors.
KOSPI Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract