Cowintech Extends Secondary Battery Automation System Supply Contract, Securing 32.7 Billion KRW Revenue and Strengthening Credibility with Global Large Enterprise

The contract end date has been extended from August 30, 2026 to November 30, 2026, adjusting the final payment collection schedule.
The contract amount is 32,711,087,744 KRW, representing 16.26% of the 2022 consolidated revenue of 201,154,916,332 KRW.
The counterparty is a global large enterprise, with specific details withheld due to business confidentiality, indicating a high level of trust.
This contract does not involve any equity issuance or capital change, posing no dilution risk to existing shareholders.
[AI Summary]Cowintech's extension of a major supply contract with a global enterprise secures 32.7 billion KRW in stable revenue, demonstrating growth without capital dilution. With the contract size exceeding 16% of recent sales, it is expected to positively impact future profitability and shareholder value.