Narae Nanotech announced on the 22nd that it has signed a display manufacturing equipment supply contract worth 6,035,548,000 won with Chinese display maker MianYang HKC Optoelectronics Technology Co., Ltd.

Scale Equivalent to 11% of Revenue

The contract amount represents 11.07% of the company's most recent consolidated revenue (54,497,281,414 won) for 2025. The figure was calculated using the exchange rate of 1,384.3 won per dollar as of September 22, 2026, the contract date.

The counterparty, MianYang HKC Optoelectronics Technology Co., Ltd., is primarily engaged in the manufacturing and sale of displays. Narae Nanotech has a track record of executing similar contracts with the company over the past three years.

Contract Period: September 22 to December 14, 2026

The contract period runs from September 22 to December 14, 2026. The contract commencement date and contract date are both September 22, 2026, when the company received the contract and PO (purchase order) from the counterparty. However, the end date was set through mutual agreement and may be changed again through future consultation.

The sales and supply region is China, and the supply method is in-house production. There is no contract deposit or advance payment, and the payment terms are 90% interim payment, 5% first final payment, and 5% second final payment.