Conditional 10.1 Billion KRW Contract for Raw Material Processing Facility

Conditional contract signed with Jeil Chemical for raw material processing facility (KRW 10.1bn, 18.3% of sales).
Effective only upon Jeil Chemical's contract with Haixin; otherwise contract may be fully/partially cancelled.
Period: 2026-04-08 to 2027-02-28.
Payment terms: Downpayment KRW 4.04bn (after bid bond), progress payment KRW 5.05bn (after 40% completion), balance KRW 1.01bn (after completion).
Contract date: 2026-04-08 (signing date).

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