HVC Group (HVH) successfully held the 2021 Annual General Meeting of Shareholders

HVC Investment and Technology Joint Stock Company - HVC Group (HVH: HOSE) successfully held its 2021 Annual General Meeting of Shareholders on June 19 at Vuon Vua Resort & Villas in Phu Tho.

According to the Board of Directors' report at the General Meeting, many contracts were delayed despite the impact of the Covid-19 pandemic on the business situation, such as the construction site closing down for several days due to the implementation of social distancing. HVC Group, on the other hand, maintains its dominant position in Vietnam's high-end entertainment general contractor market. In particular, the company completed and handed over major projects such as Thanh Long Water Park (An Giang), Mikazuki Water Park Da Nang, Vinpearl Land Phu Quoc Water Park expansion, King Garden Resort & Villas, Madison Ho Tram... At the same time, HVC Group is expanding its collaboration with a number of new partners, including Madison Land, ThangLong Invest Group, Sunshine Group, Apec Group, and others.

The congress adhered strictly to the Ministry of Health's COVID-19 prevention regulations.

In the field of M&E general contractor, HVC Group unexpectedly broke through to the Top 5 most prestigious M&E contractors in Vietnam (researched and independently evaluated by Vietnam Report); continuously signed many contracts of various types: M&E of infrastructure, M&E of high-rise buildings, M&E of tunnels, M&E of commercial centers. Vinhomes Smart City Tay Mo Dai Mo, Van Canh - An Lac Urban Area, 4-star My An Hotel (Hue), Vinhomes Grand Park (Ho Chi Minh City) are among the year's notable projects.

In summary, HVC Group achieved VND 405.24 billion in consolidated revenue and VND 23.73 billion in after-tax profit in 2020, representing 78% and 74.1% of the plan, respectively. However, these are considered positive results that have helped the company "survive the Covid storm" safely, demonstrating the company's strong internal strength as well as its quick adaptation to the new normal. From this foundation, HVC Group sets a business target of VND 466 billion in revenue and VND 37.2 billion in profit after tax for 2021, with the goal of continuing to develop sustainably and benefiting shareholders and employees.

The Presidium answered questions from Shareholders at the General Meeting

Shareholders vote on contents at  the Annual General Meeting

At the General Meeting, the Company also approved the report and report of the Board of Directors, the Board of Directors, and the Board of Supervisors on the financial statements for 2020, as well as the proposal to approve the profit distribution plan in 2020. the report approving the amendment to the Company's charter, as well as other important submissions Simultaneously, the General Meeting elected Ms. Pham Thi Thao to the Supervisory Board after accepting Ms. Nguyen Thi Hoa's resignation letter from the Board of Supervisors.