Semyung Electric, HVDC Insulator Contract Extended and Amount Slightly Adjusted Due to KEPCO Delay

Semyung Electric corrected its single sales and supply contract disclosed on March 31, 2026 due to a delay in KEPCO construction.
The contract end date was extended from June 30, 2026 to August 31, 2026, and the contract amount was reduced from approximately 9.56 billion KRW to 9.33 billion KRW, a decrease of 2.4%.
The change in contract amount is less than 0.2% of market capitalization, resulting in negligible impact on shareholder value.
[AI Summary]This correction is an administrative adjustment due to project delays with minimal change in contract size, thus no significant impact on stock price or enterprise value.