COWINTECH Amends Contract for 30.6 Billion KRW Secondary Battery Automation System Supply with Global Large Company, Adjusts Contract End Date

COWINTECH amended the end date of its first batch supply contract for secondary battery process automation systems with a global large company from August 30 2026 to August 20 2026.
The contract amount is approximately 30.6 billion KRW, representing 15.23% of 2022 consolidated sales of 201.2 billion KRW.
The amendment does not change contract terms or amount; the counterparty is undisclosed due to business confidentiality.
No capital changes were made, and no shareholder return actions were disclosed.
[AI Summary]This contract amendment shows COWINTECH's expanding orders in secondary battery automation, positively impacting revenue growth. High counterparty credibility and no dilution risk support positive shareholder value.