HJ Shipbuilding selected as contractor for Busan reconstruction project valued at 68.8 billion KRW, representing 3.44% of 2025 sales

HJ Shipbuilding has been selected as the contractor for the small-scale reconstruction of Jinju Bonghwang Apartment in Suyeong-gu, Busan, with a contract amount of KRW 68.8 billion excluding VAT.
This order accounts for 3.44% of the company's consolidated sales for 2025, and the construction period is 35 months from commencement.
The details may change during contract negotiation, and the final terms will be disclosed upon signing the main contract.
[AI Summary]HJ Shipbuilding secured a stable revenue source by winning a small-scale reconstruction project in Busan. Although the contract size is only 3.44% of sales, it positively expands the company's housing renovation portfolio. There are no financial burdens or governance risks, and the impact on the market is expected to be neutral.