This is an amended filing · View original →
G2Power Co. Ltd Correction: Daegu Yulha smart green complex ESS supply contract extended to Dec 31, 2027
GAI summary · Not investment advice
The contract period was extended from March 31, 2027 to December 31, 2027, and the payment terms changed; the contract is worth KRW 4.3 billion.
Contract amount
KRW 4.3 billion
Key facts
- Counterparty
- VZEN Co., Ltd.No relationship with the company
- Contract details
- Supply and installation of energy storage system (ESS) for the [Daegu Yulha Smart Green National Pilot Industrial Complex]
- % of revenue
- 7.75%
- Contract period
- Oct 27, 2025 – Dec 31, 2027
- Recent revenue
- KRW 55.4 billionBased on consolidated financial statements as of end of 2024
- Contract date
- Oct 27, 2025
- Supply region
- Domestic
- Payment terms
- Payment deadlines set per delivery schedule (interim payments and balance)
Commentary
AI commentary · Not investment advice
What happened
G2Power changed the terms of its contract with Vgen Co., Ltd. to supply and install an energy storage system (ESS) for the Daegu Yulha Smart Green National Demonstration Industrial Complex. The sales region is domestic. The contract amount is KRW 4.293 billion.
In the company's terms
Two terms changed. The contract period now ends on December 31, 2027, instead of March 31, 2027. The payment terms now state due dates for the interim and final payments, based on the delivery schedule.
What changes for shareholders
The contract amount equals 7.75% of the company's revenue over the latest year (KRW 55.42 billion).
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