Chebi Signs Contract for Electric Vehicle Public Rapid Charging Equipment

Chebi (0011T0) announced on June 23 that it has signed a contract with the Incheon Metropolitan City Procurement Office for the production and purchase of electric vehicle public rapid charging equipment. The contract amount is 103 billion 516 million 7,300 won, which represents 10.1% of its recent sales. The contract period runs from June 22, 2026, to April 18, 2027, with payments split into 70% upfront and 30% upon completion of on-site installation. This contract is initiated based on demand from the Korea Environment Institute, with Chebi planning to supply via its own production. The contract amount is tax-excluded.