Hanyang ENG signed a ₩148.1bn piping construction contract with Samsung C&T for a Pyeongtaek project. The work covers the first piping package in phase one of the P5 project. The contract equals 13.24% of FY2025 consolidated revenue. Work runs from September 15, 2026, to September 30, 2027. The customer pays 10% in advance within 15 days of signing and 90% through progress payments. The contract excludes VAT. Its value and schedule can change during execution.