ChinHung International (KRX:002780) has been notified of its selection as the preferred contractor for the Daekeun Row Housing Redevelopment Project in Hwagok-dong, Gangseo-gu, Seoul.
The estimated contract value is 90.4 billion won, representing 15.69% of the company's 2025 revenue of 576.4 billion won.
The project involves constructing 224 apartment units and ancillary facilities over a 34-month period.
The company noted that details may change during project execution and will disclose finalized contract terms upon agreement.