# Daedong Gear secures KRW 262.8B in orders for EV, agricultural and construction equipment parts

Daedong Gear secured KRW 262.8 billion in orders in the first half of 2026 from Hyundai Transys, an unnamed agricultural machinery maker, and an unnamed construction equipment maker, including a KRW 138.5 billion contract for EV reducer components.

- Type: Contract
- Announced: 2026-05-14
- Where: South Korea
- Value: $200.0M (262.8B KRW)
- Status: completed
- Products: EV reducer output shaft assembly, tractor gearboxes, excavator parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hyundai Transys](https://endata.com/companies/39515.md) (customer)
- [Daedong Gear](https://endata.com/companies/75246.md) (supplier)

## Sources

- [daedong-kioti.com](https://www.daedong-kioti.com/news/daedongnews/1388), 2026-05-14: "The orders amount to about 119% of the company’s 2025 annual revenue of approximately KRW 220.9 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.