What happened
HJ Shipbuilding & Construction updated a previously disclosed supply contract with Korea East-West Power, now worth US$43.5M, about 3.36% of its recent annual revenue.
For context, this single contract equals about 3.36% of the company's most recent annual revenue.
| Counterparty | Korea East-West Power |
|---|---|
| Contract value | US$43.5M |
| vs. recent revenue | 3.36% |
| Through | N/A |
| Filed | 2026-09-18, [Amended] Supply contract signed |
| Source | DART rcept 20260918800109 → open original filing |
Read the full filing in English
HJ Heavy Industries / Single Sales and Supply Contract Execution / (2026.09.18) Single Sales and Supply Contract Execution Correction Report
Correction Date: 2026-09-18
1. Disclosure Document Subject to Correction Single Sales and Supply Contract Execution
2. Submission Date of Disclosure Document Subject to Correction 2026-07-16
3. Reason for Correction Correction of contract end date
4. Correction Details Correction Item | Before Correction | After Correction Contract End Date | 2026-09-18 |
5. Contract Period End Date 2026-09-18
9. Other Material Matters Related to Investment Decisions
1. Project Overview - Location: 623 Yongcham-ro, Nam-gu, Ulsan Metropolitan City (Korea East-West Power Ulsan Power Plant Headquarters) - Main Work: Dismantling work of various mechanical equipment, electrical equipment, instrumentation and control equipment, outdoor civil engineering facilities, buildings, and underground structures for Ulsan coal-fired units 4, 5, and 6
2. The above amount includes value-added tax and represents 100% of the Company's stake.
3. The above "Recent Sales (KRW)" is based on consolidated financial statements as of the end of 2022.
4. The above contract period is the actual construction period.
5. The construction period and construction amount may be subject to change in the future according to conditions stipulated in the construction contract.
* Discussions are ongoing with the ordering party regarding contract period extension, and re-disclosure is planned upon confirmation.
Single Sales and Supply Contract Execution
1. Sales and Supply Contract Classification: Construction Order - Contract Name: Ulsan Coal-fired Units 4, 5, 6 Dismantling Work (Comprehensive Evaluation Lowest Bid Method)
2. Contract Details - Contract Amount (KRW): 60,071,110,637 - Recent Sales (KRW): 1,788,163,740,001 - Percentage of Sales: 3.36% - Large Corporation Status: Applicable
3. Contracting Party Korea East-West Power Co., Ltd. - Relationship with Company: -
4. Sales and Supply Area 623 Yongcham-ro, Nam-gu, Ulsan Metropolitan City (Korea East-West Power Ulsan Power Plant Headquarters)
5. Contract Period - Start Date: 2024-02-15 - End Date: -
6. Main Contract Terms - Advance Payment/Prepayment: Yes - Payment Terms and Conditions: -
7. Contract (Order) Date 2024-01-10
8. Disclosure Reservation Related Content - Reason for Reservation: - - Reservation Period: -
9. Other Material Matters Related to Investment Decisions
1. Project Overview - Location: 623 Yongcham-ro, Nam-gu, Ulsan Metropolitan City (Korea East-West Power Ulsan Power Plant Headquarters) - Main Work: Dismantling work of various mechanical equipment, electrical equipment, instrumentation and control equipment, outdoor civil engineering facilities, buildings, and underground structures for Ulsan coal-fired units 4, 5, and 6
2. The above amount includes value-added tax and represents 100% of the Company's stake.
3. The above "Recent Sales (KRW)" is based on consolidated financial statements as of the end of 2022.
4. The above contract period is the actual construction period.
5. The construction period and construction amount may be subject to change in the future according to conditions stipulated in the construction contract.
* Discussions are ongoing with the ordering party regarding contract period extension, and re-disclosure is planned upon confirmation.
Related Disclosure: 2026-07-16 Single Sales and Supply Contract Execution
Source: DART. Information only, not investment advice.