Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract Receipt of construction order
- Name of contract concluded Contract for the construction of Yesan 2nd
General Industrial Complex
2. Details of contract Contract amount (KRW) 93,891,600,000
Sales of the latest fiscal year (KRW) 3,094,698,644,786
Ratio to sales (%) 3.03
Classified as a large-sized corporation? Yes
3. Counterparty to contract Yesan 2nd Industrial Complex Co., Ltd.
- Relationship to company -
4. Regions of sales or supply (markets served) Areas around Oga-myeon and Eungbong-myeon, Yesan-gun, Chungcheongnam-do
5. Contract period Start date -
End date -
6. Terms and conditions of contract -
7. Effective date of contract (receipt of orders) 2022-07-13
8. Withholding of disclosure Reasons for withholding disclosure -
Withholding period -
9. Other matters to be factored into investment decisions
- This contract pertains to the construction of an industrial complex with a scale
of 1,120,274㎡ in Yesan-gun, Chungcheongnam-do.

- The 'Contract amount' of '2. Details of contract' above is VAT inclusive,
and the 'Sales of the latest fiscal year' are based on the consolidated
financial statements of Hyosung Heavy Industries Corporation
as of the end of 2021.

- The contract period is 36 months from the date of actual commencement of
construction, and the construction is scheduled to begin in April 2023.

- The 'Contract amount' and 'Contract period' above are subject to change during
the construction progress.
※ Related disclosure -

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Hyosung Heavy Industries Corporation published this content on 18 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2022 08:23:00 UTC.