Hanwha Systems discloses supply contract with Hyundai Rotem worth at least 91.6 billion won through 2027

Hanwha Systems filed a regulatory disclosure on September 23, 2026 for a single sales and supply contract with Hyundai Rotem running from September 23, 2026 to December 31, 2027. The value is confidential until the contract ends but is stated as at least 2.5 percent of 2025 consolidated revenue of 3.66 trillion won, or roughly 91.6 billion won or more. The filing does not name the product; industry observers assume it covers electronics for the K2 Black Panther export and upgrade programs. It follows a separate 91.6 billion won contract between the two companies disclosed on September 11.