Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract Receipt of construction order
- Name of contract concluded Contract of construction for an officetel
located in Seocho-dong, Seocho-gu, Seoul
2. Details of contract Contract amount (KRW) 80,366,000,000
Sales of the latest fiscal year (KRW) 2,983,970,863,029
Ratio to sales (%) 2.69
Classified as a large-sized corporation? Yes
3. Counterparty to contract Hanbaekasset,
COUD Co., Ltd.
- Relationship to company -
4. Regions of sales or supply (markets served) 1593-1, Seocho-dong, Seocho-gu, Seoul
5. Contract period Start date -
End date -
6. Terms and conditions of contract -
7. Effective date of contract (receipt of orders) 2021-11-29
8. Withholding of disclosure Reasons for withholding disclosure -
Withholding period -
9. Other matters to be factored into investment decisions
- "2. Contract amount" is VAT inclusive, and "Sales of the latest fiscal year" is
based on the consolidated financial statements of Hyosung Heavy Industries
Corporation as of the end of 2020.

- The contract period is 42 months from the date of commencement of construction.

- The "Contract amount" above and "Contract period" above may change during the
construction process.
※ Related disclosure -

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Hyosung Heavy Industries Corporation published this content on 03 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 07:21:05 UTC.