CS Wind : Conclusion of Single SalesContract or Supply Contract
January 07, 2022 at 01:08 am EST
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Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract
Supply of goods
- Name of contract concluded
WIND TOWER Supply Contract
2. Details of contract
Contract amount (KRW)
63,309,358,780
Sales of the latest fiscal year (KRW)
969,066,819,918
Ratio to sales (%)
6.5
Classified as a large-sized corporation?
No
3. Counterparty to contract
Vestas American Wind Technology
- Relationship to company
-
4. Regions of sales or supply (markets served)
US
5. Contract period
Start date
2022-01-07
End date
2022-06-10
6. Terms and conditions of contract
FCA CSW America
7. Effective date of contract (receipt of orders)
2022-01-07
8. Withholding of disclosure
Reasons for withholding disclosure
-
Withholding period
-
9. Other matters to be factored into investment decisions
- Above '2. Sales in the Latest Fiscal Year' is from consolidated financial statements as of the end of 2020 and '2. Contract Amount' is converted from contract amount(USD 52,775,390.78), applied with the initially pubublished base rate of trading(USD/KRW 1,199.60)by KEB Hana bank on Jan 7th, 2022.
- Above '5.the end date of Contract Period' is based on the final supplying date of wind tower sequentially manufactured and subject to change in the future on the discussion with clients.
※ Related disclosure
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Disclaimer
CS Wind Corporation published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2022 06:07:00 UTC.
CS Wind Corporation is a Korea-based company mainly engaged in the manufacture of wind power generation towers. The Company also provides aluminium platforms, which are used for wind power generation towers.