Hanwha Engine revises ship engine supply contract value to KRW 115 billion

• Hanwha Engine revised a ship-engine supply contract with Zhoushan Changhong, lifting the contract value to KRW 115 billion.
• The deal now equals 13.4% of 2023 revenue, up from 13.3%.
• Contract end date was extended to Sept. 25, 2029 from July 12, 2028.
• The changes reflect schedule and pricing adjustments agreed with the shipyard.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hanwha Engine Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261008800263), on October 08, 2026, and is solely responsible for the information contained therein.