Fact Source: Financial Supervisory Service DART / 2025-04-07
Disclosure Type: Signing of a Single Sales/Supply Contract
💡 3-Second Summary
Hanwha Aerospace has signed a product supply contract worth KRW 402,572,210,000 with Poland’s Huta Stalowa Wola S.A. for the K9 self-propelled howitzer chassis export project, running through December 31, 2031.
📊 1. [Summary of Core Disclosure Content and Major Figures]
- Contract Name and Classification: Polish K9 Self-Propelled Howitzer Chassis Export Project (Product Supply Contract).
- Contract Amount: KRW 402,572,210,000.
- This figure includes foreign currency transactions and was converted into KRW based on the trading reference rate of Seoul Money Brokerage on April 7, 2025 (KRW 1,439.30/USD).
- Ratio to Recent Sales: Represents 3.58% of the company’s recent sales revenue (2024 consolidated sales revenue of KRW 11,240,121,484,118).
- Counterparty and Region: Huta Stalowa Wola S.A. / Poland.
- Contract Period: April 7, 2025 – December 31, 2031.
- Key Contract Terms:
- Advance payment exists.
- Advance payment condition: 30% of the total contract amount, to be paid after the confirmation of advance payment guarantees and performance guarantees.
- Balance condition: The supply price for each delivered volume will be paid upon handover according to the delivery schedule.
📈 2. [Expert Perspective: What This Disclosure Means for Investors]
- Structure of the Contract Period: This supply contract specifies a long-term operational timeframe running from April 7, 2025, to December 31, 2031. As stated at the bottom of the document, the contract period and amount retain potential variability that may be altered during the execution process.
- Prerequisites for Fund Inflow: According to the designated contract terms, the advance payment is set at 30% of the total contract amount. This parameter is not structured for immediate execution; rather, it is conditioned upon the finalization of advance payment and performance bonds.
- Application of Reference Exchange Rate: The contract amount is calculated in KRW by applying the trading reference rate of KRW 1,439.30/USD established on April 7, 2025. The original text does not incorporate separate disclosures regarding the potential impact of subsequent exchange rate fluctuations.
📝 Editor’s Comment (by K-STOCK Editor)
This regulatory document registers the definitive contract valuation, execution period, and settlement terms established for Hanwha Aerospace’s supply program targeting the Polish market. Yielding an amount equivalent to 3.58% of the preceding year’s consolidated revenue, it outlines the verified metrics of the transaction.
The primary objective variable for investors to track next is the confirmation of the advance payment and performance guarantees. Because the operational timeline for the 30% advance payment inflow is linked to the finalization of these specific bonds within the text, verifying whether this condition is met is the initial step.
Additionally, due to the extended lifecycle running through 2031, the possibility of amendments modifying the contract value or period is explicitly noted within the filing. Market participants should observe whether any subsequent shifts altering the supply terms are introduced through corrective regulatory disclosures over time.
📢 Disclaimer & Source Information
Source: This content has been structured and newly generated based on official data submitted to the Financial Supervisory Service’s Electronic Disclosure System (DART).
Investment Risk Notice: This information 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.
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