HS Hwasung Correction Finalizes Railway Contract Period to December 31, 2026

HS Hwasung filed a correction disclosure finalizing the contract period for the Jungang Line Yeongcheon~Sin Gyeongju double-track railway construction project to December 31, 2026.
This correction specifies the previously undetermined end date with no changes to the contract amount of 46,079,913,400 KRW or other conditions.
The contract amount represents HS Hwasung's 25.02% share of the total 184,195,300,000 KRW contract, equivalent to 11% of its annual revenue.
As a contract with the credible National Railroad Authority, there is no new funding requirement or shareholder dilution.
[AI Summary]This correction is an administrative adjustment finalizing the contract end date of a long-term railway project with zero financial impact. No capital raising or stock dilution occurs, making it neutral for shareholder value while reaffirming a stable order from a highly reliable state counterparty.