HANTECH Amends North America Heat Exchanger Supply Contract Extension, No Change in Contract Amount

HANTECH filed an amendment to its supply contract with Burns & McDonnell for heat exchangers to North America, extending the end date from July 20, 2026 to September 30, 2026.
The total contract amount remains unchanged at KRW 35.66 billion, representing 22.88% of 2024 consolidated revenue.
Contract terms and payment conditions remain the same with 10% down payment, 55% progress payment, and 35% final payment.
[AI Summary]This amendment only extends the contract period without any change in amount, having a neutral impact on shareholder value. There is no financial impact other than a delay in the completion of the existing order.