Wonil TNI Wins Consecutive Orders for China LNG Project and Yongin District Energy Project

Wonil TNI, a KOSDAQ-listed company, announced on the 11th that it is strengthening a stable growth foundation by successfully winning a large overseas project contract and securing consecutive orders from domestic engineering companies.

On December 24 last year, Wonil TNI signed a supply contract for SCV (high-pressure combustion vaporizers) related to the "Shenzhen LNG Terminal Expansion Project" with Shanghai CIMC TGE Gas Engineering Co., Ltd. The contract is worth approximately 10.7 billion won, equivalent to about 25.53% of its 2024 sales, and the contract period runs until December 30 this year.

In addition, on February 10 this year, the company secured an additional performance base by winning orders from SK Ecoplant Engineering for power generation gas pressure-regulating facilities, which are core facilities for the Yongin district energy project, totaling 13.1 billion won, with individual contracts of 8.6 billion won and 4.5 billion won. This corresponds to 30.98% of its 2024 sales, with each contract representing 20.43% and 10.55%, respectively.

In particular, SK Ecoplant Engineering, the counterparty to these latest contracts, is a specialized company that provides engineering solutions focused on green energy fields such as hydrogen, gas, and batteries, and expectations are growing for expanded cooperation between the two companies.

A Wonil TNI official stated, "By participating in overseas LNG infrastructure projects and collaborating with major domestic engineering companies, we have once again proven our technological competitiveness and project execution capabilities," adding, "We will continue to strengthen our mid- to long-term growth momentum by steadily expanding our order backlog."