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[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract / 2025-09-17

Posted on September 17, 2025August 8, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

This filing discloses that Hanwha Ocean signed a construction contract for 7 container ships worth approximately KRW 1.93T with Yang Ming Marine Transport, serving as the final confirmation to prior media report clarifications.

📊 Key Filing Details & Key Figures Summary

1. Key Contract Details

  • Contract Type: Construction Contract
  • Contract Title: 7 Container Ships
  • Contract Amount: KRW 1,933,600,000,000 (Approx. USD 1.39B)
  • Recent Revenue: KRW 10,776,000,000,000 (Based on consolidated financial statements as of year-end 2024)
  • Ratio to Recent Revenue: 17.9%
  • Large Corporation Status: Applicable

2. Counterparty & Terms

  • Counterparty: Yang Ming Marine Transport (Relationship with company: None)
  • Sales/Supply Region: Asia
  • Contract Period: September 16, 2025 ~ May 31, 2029
  • Key Terms: Down payment/Advance payment included; Payments collected according to construction progress
  • Contract Date: September 16, 2025

3. Other Key Reference Information

  • Applicable Foreign Exchange Rate: KRW/USD = 1,389.50 (Base rate as of September 16, 2025)
  • Contract amount and recent revenue figures are rounded at the 100-million KRW level
  • Contract period and final settlement amount are subject to change during the construction process
  • This filing serves as the official confirmation following the clarification filing regarding rumors or media reports on August 20, 2025 (Related filings: July 21, 2025, and August 20, 2025)

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Payment Collection Based on Construction Progress and Potential Contract Adjustments

This disclosure confirms the finalized order for 7 large container ships from Yang Ming Marine Transport. Monitoring whether payments are collected on schedule based on construction progress throughout the contract period (September 16, 2025 to May 31, 2029), as well as tracking any potential changes to the final settlement amount or delivery schedule, is important for verifying the actual execution of this major contract. Relevant execution progress and modifications can be reviewed in upcoming Quarterly Reports, Half-Year Reports, Annual Reports, or subsequent disclosures.

📢 Disclaimer & Source Information

Source: This content was structured and newly written based on officially submitted data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).

Investment Disclaimer: This content is provided for informational and linguistic reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial liabilities rest entirely with the investor.

Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.

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