Younghwa Tech Co., Ltd. Hyundai Motor converter supply contract worth KRW 81.6 billion
AI summary · Not investment advice
Signed a KRW 81.6 billion converter supply contract with Hyundai Motor, running from 2026-11-06 to 2036-12-31, equal to 75.1% of recent revenue.
Contract amount
KRW 81.6 billion
Key facts
- Contract details
- Order for Hyundai Motor converters
- Recent revenue
- KRW 108.6 billionFY2025, consolidated basis
- % of revenue
- 75.1%
- Counterparty
- Hyundai Motor Company
- Supply region
- Domestic and overseas
- Contract period
- 2026-11-06 to 2036-12-31Start date to end date
- Payment terms
- Payment made after monthly product deliveryNo down payment or advance payment
- Contract date
- Nov 6, 2026
Commentary
AI commentary · Not investment advice
What happened
Yeonghwa Tech signed a contract to supply converters to Hyundai Motor Company. The contract value is KRW 815,810.3 million, covering both Korea and overseas markets.
In the company's terms
This amount equals 75.1% of the company's most recent annual sales of KRW 1,086,136.3 million.
What changes for shareholders
The contract runs until December 31, 2036. Payment is made each month after the products are delivered.
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