TSI Extends Supply Contract for Secondary Battery Mixing System, Maintaining 32.8 Billion KRW Order - Contract End Date Revised to August 2026, Equivalent to 12.6% of Revenue

TSI has disclosed a correction to its single sale and supply contract with a foreign secondary battery company, extending the contract end date from June 15, 2026 to August 31, 2026.
The fixed contract amount is approximately 32.8 billion KRW, representing 12.6% of the company's latest annual revenue, with payment terms of 30% down payment, 60% interim payments, and 10% final payment.
Due to the counterparty's request for business secrecy, detailed information is not disclosed, requiring investors to consider potential contract changes or termination.
[AI Summary]TSI has extended a major secondary battery equipment order, securing revenue visibility, but the lack of counterparty transparency introduces uncertainty. The stock price impact is neutral, and additional order momentum is needed.