HJ Heavy Industries has secured a highway construction project worth approximately 1.4 trillion won, adding to its track record in public infrastructure projects.

In a regulatory filing on the 17th, HJ Heavy Industries announced that it has been selected as the winning bidder for the 'Jecheon–Yeongwol Expressway Construction Project (Section 3)' tendered by Korea Expressway Corporation.

[Order Amount and Share Status] The total project cost is 212.5587 billion won (excluding VAT). HJ Heavy Industries holds a 70% stake in the project, bringing its final order amount to 148.7911 billion won. This figure accounts for 7.44% of the company's consolidated revenue of 1.9997 trillion won at the end of 2025.

[Project Overview and Key Construction] The project involves the construction of an expressway connecting Jajak-dong in Jecheon-si, Chungcheongbuk-do, to Daejeon-ri in Eosangcheon-myeon, Danyang-gun. Key construction work includes building a 6.40 km, 23.4 m-wide, four-lane dual carriageway expressway. Additionally, civil infrastructure construction will be carried out, including five bridges, one tunnel, and drainage works.

[Future Schedule and Industry Outlook] HJ Heavy Industries disclosed the selection on the 17th, the date it received the winning bidder notification from Korea Expressway Corporation. The company stated that detailed conditions may change during the main contract signing process and that it will make an additional disclosure upon final confirmation.

Within the construction industry, HJ Heavy Industries is evaluated as demonstrating a steady track record of securing orders in civil engineering sectors such as roads, bridges, and tunnels, amid the government's ongoing transportation infrastructure expansion initiatives. In particular, this large-scale order is expected to have a positive impact on the company's performance improvement and order backlog growth this year.

[※ This article was written with the assistance of AI and is not intended to solicit investment. Investment decisions and responsibilities lie solely with the investor.]