Hyosung Heavy Industries signs long-term framework agreement with AusNet for ultra-high voltage transformers worth approximately 312 billion KRW, securing revenue from 2027 to 2032

Hyosung Heavy Industries has signed a long-term framework agreement with Australian utility AusNet for the supply of ultra-high voltage transformers and reactors. The contract value is approximately 312 billion KRW, equivalent to about 5.23% of its 2025 consolidated revenue.
The supply period is from 2027 to 2032, with individual purchase orders to be issued per project. This contract strengthens Hyosung's position in the Australian power market and secures stable long-term revenue.
The agreement does not involve any equity issuance or capital changes, thus posing no dilution risk to existing shareholders. AusNet is a major Australian electricity infrastructure company with strong creditworthiness.
[AI Summary]Hyosung Heavy Industries' long-term framework agreement with AusNet valued at approximately 312 billion KRW, representing 5.23% of revenue, secures stable revenue from 2027 to 2032. The contract supports organic growth without capital dilution, benefiting shareholder value.