[eGongsi Notice] Hanwha Systems Signs Radar Supply Contract Worth 51.2 Billion KRW with ADD, etc. (Comprehensive)

[Asia Economy Reporter Myunghwan Lee] Hanwha Systems announced on the 15th that it has signed a prototype supply contract for the long-range artillery interception system radar with the Agency for Defense Development, worth 51,195,620,000 KRW.

The contract amount corresponds to 2.45% of last year's consolidated sales, and the contract period is until July 31, 2024.

Below are Hanwha Systems' disclosure and other major disclosures released this afternoon.

▲Daewon Kangup = Selected as the core supplier for hybrid transmissions applied to Hyundai Motor Company's upcoming Tucson and Sportage models. Scheduled to supply for a total of 4.38 million units.

▲Aprogen Pharmaceuticals = Approved the absorption merger of Aprogen Biologics at the extraordinary general meeting of shareholders.

▲Asiana IDT = Signed a supply contract worth 12.3 billion KRW with SBI Savings Bank for integrated deposit and non-face-to-face loan channel construction project.

▲Orion Holdings = Decided to establish a new subsidiary 'Orion Biologics' by board resolution. The new subsidiary will engage in the development and sales of pharmaceuticals, consumer goods, and food ingredients.

▲NPC = Decided to acquire treasury shares worth 7.4 billion KRW to enhance shareholder value through stock price stabilization.

▲AJ Networks = Decided to lend 30 billion KRW to its subsidiary AJ Autoparking Systems for operating funds.

▲Ascendio = Decided on a third-party allotment capital increase worth 4 billion KRW for operating funds. Signed a terrestrial drama and film production service contract worth 2.967 billion KRW with Korean Broadcasting System.

▲Shinpoong Pharmaceutical = Applied for approval of phase 3 clinical trial plan for osteoarthritis injection SP5M002.

▲Dongbu Construction = Signed an implementation agreement for the Incheon International Airport Art Hub artwork storage development project. Expected sales amount is approximately 138.2 billion KRW.

▲RSUPPORT = Acquired a patent right for 'video conferencing method with adjustable participant positioning.'

▲Zeus = Subsidiary J.E.T decided to transfer its listing from the Tokyo Pro Market to the Standard Market on the Tokyo Stock Exchange.

▲Daehot Special Steel = Due to stock consolidation, trading of shares will be suspended from the 18th until the day before the new share certificate change listing date.

This content was produced with the assistance of AI translation services.