Invenia Signs KRW 8.68 Billion Display Equipment Supply Contract with China's BOE
Invenia has signed an equipment supply contract worth over KRW 8.6 billion with a Chinese display panel manufacturer. According to Invenia on the 23rd, the coun

Invenia has signed an equipment supply contract worth over KRW 8.6 billion with a Chinese display panel manufacturer.
According to Invenia on the 23rd, the counterparty to this contract is China's 'Fuzhou BOE Optoelectronics Technology Co., Ltd.' Through this supply, Invenia will provide display manufacturing equipment to China, with the contract period running from June 22, 2026 to February 28, 2027. However, the end date may be changed based on the delivery date by mutual agreement between the two companies.
[Contract Scale and Counterparty Information] The total value of this contract is KRW 8,676,705,000. This amount is equivalent to USD 5.65 million converted at the initial announced exchange rate of KRW 1,535.7 per USD on the contract date. This scale amounts to 47.12% of Invenia's most recent consolidated revenue for 2025 (KRW 18,412,572,577), representing a significant figure.
The counterparty, Fuzhou BOE Optoelectronics Technology Co., Ltd., is a display panel manufacturer with recent revenues of approximately KRW 2.3382 trillion. It has no existing relationship with Invenia, and regulatory filings indicate no track record of executing similar contracts over the past three years. For reference, the contract (order receipt) date is based on the date of receipt of the purchase agreement from the counterparty.
- *[Payment Terms]**
- The payment terms under the contract are as follows:
- Equipment cost: 80% upon shipment (FOB), 10% after inspection completion, 10% after warranty expiration
- Installation labor cost: 100% paid after installation completion
- Final payment (10%): to be collected within 30 days after the warranty period expires
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