# Hansong Neotech subsidiary signs KRW 6.5B battery material supply deals

Hansong Neotech's subsidiary Shinwha IT signed two contracts totaling KRW 6.5 billion to supply high-performance lead tabs. One is a three-year KRW 4.7 billion deal with battery developer Green Energy, and the other is an KRW 1.8 billion deal with a US solar inverter company's Korean subsidiary.

- Type: Contract
- Announced: 2023-01-10
- Where: South Korea
- Status: announced
- Products: high-performance lead tabs, battery materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hansong Neotech](https://endata.com/companies/28430.md)
- [Shinwha IT](https://endata.com/companies/67769.md)
- [Green Energy](https://endata.com/companies/67770.md) (customer)

## Sources

- [newsis.com](https://www.newsis.com/view/NISX20230110_0002153415), 2023-01-10: "한송네오텍은 이차전지 소재 전문 자회사 신화아이티가 이차전지 개발 전문기업 '그리너지'와 총 65억원 규모의 고성능 리드탭을 공급하는 계약 2건을 체결했다고 10일 밝혔다."

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