Sorux Secures Consecutive Electrical Construction Contracts for Apartment and Mixed-Use Projects Worth 39.6 Billion Won

Sorux is accelerating the expansion of its electrical infrastructure business by consecutively winning large-scale projects in the electrical construction sector for apartment complexes and mixed-use developments.

The company announced that on May 27, it signed a contract worth approximately 15.4 billion won with Busan Goejeong-dong Regional Housing Cooperative for electrical, fire-fighting, and communication facility works for an apartment complex. In addition, on June 4, it secured two more contracts: a 12.7 billion won electrical construction contract for the Asan Onyang mixed-use residential complex, and an 11.5 billion won electrical construction contract for the Jeonju Girin-dong mixed-use development project.

The combined value of these three newly secured contracts amounts to about 39.6 billion won. The company has been awarded multiple electrical construction projects for apartment complexes and mixed-use developments in a short period, signaling that its electrical construction business is rapidly expanding its revenue base.

Having operated as a specialist LED lighting company, Sorux has actively expanded its electrical construction business since last year, leveraging the technological expertise and on-site experience accumulated through lighting design and installation. The company is broadening its business scope beyond traditional residential and common area lighting or landscape lighting, now covering electrical equipment, communications, fire safety, and the entire architectural electrical infrastructure sector.

In particular, this series of contract wins is viewed as significant, as it demonstrates Sorux’s ongoing transition from a simple lighting supplier to a comprehensive electrical solutions provider handling electrical construction and infrastructure projects. Since electrical safety, construction quality, and delivery capability are critical in apartment and mixed-use projects, Sorux’s execution of these projects is recognized as evidence of its capabilities in new business areas.

The company is also pursuing entry into high-value electrical infrastructure sectors such as AI data centers. Data centers are regarded as industries where large-scale power supply, stable distribution systems, and efficient operation of electrical facilities are crucial. Based on its current electrical construction capabilities, Sorux plans to gradually expand its business scope beyond apartment complex projects to include industrial electrical infrastructure and data center sectors.

A Sorux representative stated, "These consecutive contract wins demonstrate our competitiveness in the electrical construction and infrastructure business," adding, "We will establish a stable revenue structure based on apartment and mixed-use electrical construction projects, and further expand our business into high-value infrastructure fields such as data centers."

The representative continued, "While maintaining the stability of our existing lighting business, we aim to foster electrical construction, infrastructure, and data center projects as future growth drivers. We will enhance the visibility of results in new business sectors and build a profitability-focused business portfolio to increase corporate value."

Looking ahead, Sorux plans to further expand its orders for electrical and lighting infrastructure in apartment, mixed-use, and complex development projects, while also actively utilizing its electrical construction capabilities in high-value industrial infrastructure sectors such as AI data centers, thereby strengthening its foundation for mid- to long-term growth.

These consecutive contract wins are regarded as evidence that Sorux is accelerating its transformation from a lighting specialist into a comprehensive electrical solutions provider, covering electrical construction and data center infrastructure.

This content was produced with the assistance of AI translation services.