Win Hi-Tech Wins 38 Billion Won Contract for Incheon Sinpo LH Acquisition-Type Housing Construction

Win Hi-Tech, a construction solution company specializing in Off-Site Construction (OSC), announced on the 19th that it has won a contract worth 38 billion won for the new construction of acquisition-type housing units for Korea Land & Housing Corporation (LH).

According to the Financial Supervisory Service's electronic disclosure system (DART), Win Hi-Tech disclosed on the previous day that it signed a supply contract with Incheon Sinpo Complex Development for the new construction of LH acquisition-type housing units in Incheon Sinpo. The contract amount is 38 billion won, which is equivalent to 50.57% of the company's most recent sales.

This project involves building urban public rental housing in the Jemulpo district of Incheon. As part of a government policy in which LH purchases housing units supplied by the private sector and provides them to end users, Win Hi-Tech aims to improve productivity at construction sites throughout the entire project process through this contract.

A Win Hi-Tech official stated, "By expanding our business scope from a manufacturing-centered revenue structure to a diversified composite revenue model, we aim to enhance profitability as well as maximize the medium- to long-term corporate and shareholder value. We expect this project to have a positive effect in this regard, and we will continue to strengthen our position as a total construction solution company by successfully completing this project."

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