Special Alloy Supply Contract Extended to July 2026 with 100% Delivery and 84% Payment Completed
The company filed a correction extending the end date of a special alloy supply contract with a US global aerospace launch company from June 22, 2026 to July 22, 2026.
The extension is due to a payment delay; current delivery progress is 100% and payment progress is 84%, indicating near-complete contract fulfillment.
The contract amount is approximately 1.03 billion KRW, representing 40.35% of 2024 revenue. This is a routine operational adjustment with no share issuance or capital changes.
[AI Summary]This disclosure is a schedule adjustment due to delayed payment on an existing contract, with no dilution or capital structure change. Investment risk is minimal as the contract is nearly settled.
KOSDAQ Filing Information
[Correction of Description] Conclusion of Single Sale and Supply Contract