Nano Silican Advanced Materials Signs 1.5 Billion KRW Anti-Counterfeiting Supply Contract with Middle Eastern Pharmaceutical Security Company
Nano Silican Advanced Materials has signed a contract worth 1.5 billion KRW with a security company in the Middle East for anti-counterfeiting security products.
According to the Financial Supervisory Service’s electronic disclosure system on November 27, Nano Silican Advanced Materials entered into a supply contract for anti-counterfeiting security products worth 1,547,170,000 KRW with a government pharmaceutical security solutions provider in the Middle East. This contract is equivalent to approximately 29% of the company’s recent sales. The identity of the contracting party has not been disclosed at the request of the company to protect its trade secrets.
The contract period runs from November 26, 2025, to May 15, 2026, during which the company will sequentially supply pharmaceutical-specific security solutions as requested by the client.
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A representative from Nano Silican Advanced Materials stated, “While we cannot disclose detailed information at the request of the contracting party, it is significant that this project was ordered by a security specialist company connected to an institution responsible for the government pharmaceutical supply chain. The application of security technology to official supply chain management systems in the Middle East will serve as an important foundation for securing future orders and references.”
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