KNS Corrects Supply Contract Period Extension with CTS to April 2027, No Change in Contract Amount
This correction disclosure extends the end date of the flexible production facility supply contract from June 30, 2026 to April 30, 2027 at the customer's request.
The contract amount remains unchanged at KRW 3.048 billion, and the contract is not conditional.
The counterparty CTS Co., Ltd. develops and manufactures secondary battery packs and has no special relationship with KNS.
Aside from the period extension, there are no financial changes, resulting in a neutral impact on shareholder value.
[AI Summary]The correction disclosure for contract period extension involves no change in financial figures, thus no direct impact on stock price or enterprise value. Although the contract duration increased, the transaction size and terms remain the same, so no material change in investment decision.
KOSDAQ Filing Information
[Correction of Description] Conclusion of Single Sale and Supply Contract