21700 Battery Supply Contract Schedule Delay and Correction
- The 21700 secondary battery supply contract (USD 57.9 million, approx. KRW 81.2 billion) signed with Nanotech Energy in December 2024 has failed to meet the originally announced delivery schedule (April–December 2026).
- Currently in negotiations with the customer for a revised schedule; a corrective disclosure will be filed upon receipt of a revised purchase order (PO).
- This PO represents part of the guaranteed volume (20%) under the distribution agreement.
- The contract amount may be adjusted due to exchange rate and raw material price fluctuations.
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KOSPI Filing Information
- Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract
- Company: KUMYANG (001570)
- Submission: KUMYANG CO.,LTD
- Receipt: 04-30-2026
- Under KRX KOSPI Market Division