CK SOLUTION Strengthens Revenue Growth with 62.6 Billion KRW Additional SPE LFP ESS Contract

CK SOLUTION's subsidiary CK AMERICA has entered into an additional contract with StarPlus Energy LLC for SPE LFP ESS 273Ah worth 62.6 billion KRW.
The total contract value increased from 47.3 billion to 62.6 billion KRW, representing 21.16% of 2024 revenue.
The counterparty is StarPlus Energy, a joint venture between Stellantis and Samsung SDI, ensuring high credibility; advance payment terms improve cash flow.
[AI Summary]CK SOLUTION secured a large ESS order strengthening revenue growth, with a reliable counterparty and advance payment reducing financial risk. Positive for long-term stock outlook but monitor construction progress and FX volatility.