Chinhung International Extends Gunsan Construction Contract to June 2027

• Chinhung International reduced its Gunsan mixed-use construction contract to KRW 90.91 billion from KRW 91.45 billion in a November 6, 2026 correction.
• The completion date moved to June 30, 2027, from November 6, 2026, extending the construction period to 53 months from 45 months.
• The revised contract represents 20.46% of 2021 revenue, down from 20.59%.
• Updated payment terms specify progress payments with no deposit or advance payment.

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. Chinhung International Inc. 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: 20261106800558), on November 06, 2026, and is solely responsible for the information contained therein.