HS HWASUNG Slightly Adjusts Contract Value for Central Line Railway Project, Maintains Reliable Partnership with Korea National Railway

HS HWASUNG has slightly adjusted the contract amount for the Central Line Yeongcheon~Sin Gyeongju double-track railway section 1 earthwork and other construction with Korea National Railway from 46,048,825,000 KRW to 46,079,913,400 KRW.
This minor change reflects a 0.02% increase in the company's share from 25% to 25.02% of the total contract value of 184,195,300,000 KRW, representing about 11% of annual revenue.
The contract runs from June 2015 to June 2026 with progress payments. There are no capital structure changes or shareholder return actions disclosed.
[AI Summary]This correction filing is a minor adjustment to an existing long-term railway construction contract with no new capital raising or share dilution. It reaffirms a stable revenue stream and a high-credit counterparty, but does not materially impact shareholder value.