HJ Shipbuilding & Construction wins 148.8 billion won highway construction contract from Korea Expressway Corporation

HJ Shipbuilding & Construction has signed a contract with Korea Expressway Corporation for the Jecheon-Yeongwol Expressway Construction Project Section 3 worth 148.8 billion won.
This contract amount represents HJ's 70% share and corresponds to 7.44% of its 2025 consolidated revenue.
The contract period runs from June 30, 2026 to April 18, 2032, with payment on a progress billing basis.
Korea Expressway Corporation, a government agency, is a highly credible counterparty ensuring transaction stability.
This large-scale infrastructure project will contribute to securing a stable revenue base for HJ Shipbuilding & Construction.
There is no capital change or shareholder dilution, as this is purely an operational contract win driving growth.
[AI Summary]HJ Shipbuilding & Construction secured a 148.8 billion won highway construction contract from Korea Expressway Corporation, ensuring stable revenue for the next six years. The high-credit public client reduces transaction risk, and the deal improves profitability without any capital dilution.