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[Disclosure] Hanwha Aerospace (012450) – (Correction) Execution of Single Sales or Supply Contract / 2025-12-22

Posted on December 22, 2025August 9, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 Executive Summary

Hanwha Aerospace filed a corrective disclosure to fix a typographical error in the description of its recent annual revenue for the KRW 3.205T K9 self-propelled howitzer primary execution contract with the Polish government.

📊 [Key Disclosure Contents & Summary of Figures]

  • Company Name: Hanwha Aerospace Co., Ltd. (Stock Code: 012450)
  • Disclosure Type: (Correction) Execution of Single Sales or Supply Contract
  • Disclosure Date: 2025-12-22
  • Original Disclosure Filing: Execution of Single Sales or Supply Contract (Original Submission Date: 2025-12-22)
  • Reason for Correction: Correction of typographical error

[Correction Details]

  • Other Important Matters for Investment Decisions: (Before Correction) ‘…recent business year 2021, Hanwha Aerospace’s 2024 consolidated sales.’ → (After Correction) ‘…recent business year 2021, Hanwha Aerospace’s consolidated sales.’ (Removed duplicate year entry)

[Key Contract Details]

  • Contract Type: Goods Supply
  • Contract Name: [Amended Contract] Poland K9 Self-Propelled Howitzer Primary Executive Contract
  • Contract Amount: KRW 3,204,755,575,435 (Approx. KRW 3.205T)
  • Recent Annual Sales: KRW 6,415,087,932,347 (Based on FY2021 consolidated sales)
  • Ratio to Recent Sales: 49.96%
  • Contracting Party: Government of Poland
  • Sales/Supply Territory: Poland
  • Contract Date: 2022-08-26
  • Contract Period: 2022-08-26 ~ 2028-11-30
  • Key Payment Terms: 30% advance payment after security and invoice submission; balance paid within 30 days post-delivery upon submitting agreed documents

[Other Key Considerations]

  • Follow-up disclosure to the voluntary disclosure on Aug 29, 2022; contract entity updated to Hanwha Aerospace following its merger with Hanwha Defense Co., Ltd. in Nov 2022
  • Currency Conversion Basis: Applied 1,336.90 KRW/USD base rate as of original contract date (Aug 26, 2022)
  • Large Corporation Status: Applicable

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

📌 Verification of Clerical Correction and Ongoing Contract Execution

This corrective filing addresses a simple clerical error in the text footnote without altering core financial metrics or delivery schedules. Following up on the actual execution progress of this major export contract running through 2028 is essential to understanding the ongoing fulfillment of the agreement. Investors can confirm further details in subsequent disclosures and upcoming periodic filings (Annual, Half-Year, or Quarterly Reports).

📢 Disclaimer and Source Information

Source: This content was structured and regenerated based on official data submitted to the Financial Supervisory Service’s DART system.

Investment Risk Warning: 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 responsibilities rest entirely with the investor.

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

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Next Post: [Disclosure] Hanwha Aerospace (012450) – Execution of Single Sales or Supply Contract / 2025-12-22

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