Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems has signed a supply contract worth approximately KRW 96.7B with its largest shareholder, Hanwha Aerospace Co., Ltd., for the construction of an intelligent logistics system at MCS Plant. This represents 3.94% of its 2023 consolidated revenue.
📊 [Key Disclosure Details & Financial Highlights]
- Contract Details
- Contract Type: Other Sales / Supply Contract
- Contract Title: MCS Plant Intelligent Logistics System Construction
- Contract Value: KRW 96,700,000,000 (approx. KRW 96.7B)
- Recent Annual Revenue (2023 Consolidated): KRW 2,453,079,541,922
- Contract-to-Revenue Ratio: 3.94%
- Large Scale Corporation Classification: Applicable
- Contracting Party & Region
- Counterparty: Hanwha Aerospace Co., Ltd.
- Relationship with Company: Largest Shareholder
- Sales/Supply Region: Republic of Korea (Domestic)
- Contract Period & Payment Terms
- Contract Period: March 31, 2025 ~ March 31, 2027
- Contract Signing Date: March 31, 2025
- Payment Terms:
- Down Payment / Advance Payment: Yes
- Payment Terms:
- [System Construction] Advance payment (10%), 1st intermediate (20%), 2nd intermediate (20%), 3rd intermediate (30%), balance (20%)
- [Construction Work] Advance payment (10%), intermediate payment (progress payment), balance
- Other Important Matters
- The contract value excludes Value-Added Tax (VAT).
- The contract value and duration are subject to change depending on project progress.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Affiliated Party Contract Execution and Potential Term Changes
This disclosure concerns a supply contract for the MCS Plant Intelligent Logistics System with largest shareholder Hanwha Aerospace Co., Ltd., equivalent to 3.94% of the company’s recent annual revenue. Verifying project progress over the contract period (2025–2027), as well as tracking potential adjustments to contract terms or value, serves as a key follow-up checkpoint. Related progress can be reviewed in future periodic filings, such as quarterly, half-year, and annual reports.
📢 Disclaimer & Source Information
Source: This content was structured and generated based on official filings from the Financial Supervisory Service’s DART system.
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