Hanwha Systems announced in a regulatory filing on the 23rd that it has signed an other sales and supply contract with Hyundai-Rotem Co.

• Overview of the Contract
• Counterparty: Hyundai-Rotem Co.
• Date of contract: September 23, 2026
• Contract period: September 23, 2026 – December 31, 2027 (about 1 year and 3 months)
• Region of sale and supply: Republic of Korea
• Contract amount: Undisclosed (protection of business confidentiality)

The contract amount was not disclosed on the grounds of protecting business confidentiality. However, Hanwha Systems stated that the contract amount equals at least 2.5% of its recent revenue, making it subject to mandatory disclosure requirements. The recent revenue stated in the filing is 3,664,150,568,020 won on a consolidated basis for 2025.

Under the main contract terms, there are contract down payments and advance payments, and payment will be made in accordance with the prime contractor's payment terms and conditions. Hanwha Systems said that, pursuant to a confidentiality agreement with the client, it reserves disclosure of detailed contract information until the contract's end date of December 31, 2027. The contract amount and period may change depending on progress.

In addition, the company said in the filing that as the key details of the contract remain undisclosed for business confidentiality reasons, investors should invest carefully, taking into account the possibility of changes to or termination of the contract.