HD-Hyundai Marine Engine

071970 · KOSPI · Industrials · SMALL CAP

Updated contract terms.

HD-Hyundai Marine Engine updated a previously disclosed supply contract with Taizhou Sanfu Ship Engineering Co., Ltd, now worth US$24.9M, about 19.2% of its recent annual revenue, running through Nov 2026.

Supply contract([Amended] Supply contract signed)· FILED 2026-09-18· RCEPT 20260918800219

US$24.9MContract value
19.2%vs. recent revenue
Nov 2026Throughfrom Nov 2023

Converted at 1 USD ≈ ₩1,379.53 (filing-date rate, 2026-09-17 close)

What happened

HD-Hyundai Marine Engine updated a previously disclosed supply contract with Taizhou Sanfu Ship Engineering Co., Ltd, now worth US$24.9M, about 19.2% of its recent annual revenue, running through Nov 2026.

For context, this single contract equals about 19.2% of the company's most recent annual revenue.

CounterpartyTaizhou Sanfu Ship Engineering Co., Ltd
Contract valueUS$24.9M
vs. recent revenue19.2%
ThroughNov 2026 (from Nov 2023)
Filed2026-09-18, [Amended] Supply contract signed
SourceDART rcept 20260918800219 → open original filing
Read the full filing in English

HD Hyundai Marine Engine / 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. Original Disclosure Document Submission Date 2024-05-10

3. Reason for Correction Change in contract period end date

4. Correction Details Correction Item | Before Correction | After Correction Contract Period End Date | 2026-09-26 | 2026-11-15

- The above contract period end date may be adjusted somewhat according to the vessel engine shipment schedule.

Single Sales and Supply Contract Execution

1. Sales and Supply Contract Classification Other Sales and Supply Contract - Contract Name: Vessel Engine Supply Contract

2. Contract Details Contract Amount (KRW): 34,407,344,000 Recent Sales (KRW): 179,328,152,621 Percentage of Sales (%): 19.2 Large Corporation Status: Not Applicable

3. Contracting Party Taizhou Sanfu Ship Engineering Co., Ltd - Relationship with Company: -

4. Sales and Supply Region China

5. Contract Period Start Date: 2023-11-22 End Date: 2026-11-15

6. Principal Contract Terms Advance Payment / Prepayment Existence: Yes Payment Terms: Advance payment and final payment (according to engine supply schedule)

7. Contract (Order) Date 2023-11-22

8. Disclosure Reservation Reservation Reason: - Reservation Period: -

9. Other Material Matters Related to Investment Decisions 1. The above recent sales are based on the consolidated financial statements as of the end of 2022. 2. The above contract period may vary according to the vessel construction schedule of the counterparty shipyard. 3. The above contract amount is calculated by applying the initial official exchange rate on the contract date (1,287.7 KRW/USD).

※ Related Disclosures 2023-11-23 Single Sales and Supply Contract Execution 2024-05-10 Single Sales and Supply Contract Execution

Source: DART. Information only, not investment advice.

For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-09-18 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.