HVC Group successfully held its 2026 Annual General Meeting, setting a revenue target of over 1,000 billion VND

On the morning of April 15th, HVC Group's 2026 Annual General Meeting of Shareholders was successfully held, with many important resolutions passed. Notably, HVC set a target of maintaining growth with revenue exceeding 1,000 billion VND, distributing a 10% dividend, and implementing a stock bonus policy for employees.

On the morning of April 15th, at the Wyndham Garden Hanoi Hotel, HVC Investment and Technology Joint Stock Company (stock code HVH) successfully held its 2026 Annual General Meeting of Shareholders (AGM 2026). The meeting took place in a serious and transparent atmosphere with the participation of the Board of Directors, the General Management Board, employees, shareholders, and press agencies.

Reporting at the General Meeting, Mr. Le Van Cuong - Member of the Board of Directors and General Director of HVC Group - stated that in 2025, the financial situation of the real estate industry was very difficult, with overdue and bad debts of developers occurring frequently. However, with a flexible management strategy and strict risk control, HVC Group still achieved its important targets. Accordingly, the company's revenue in 2025 reached over 700 billion VND, achieving 119% of the plan; after-tax profit exceeded 42 billion VND, achieving 84% of the annual plan.

Over the past year, the company's financial situation has been stable and sustainable, with HVC's accounts receivable turnover and debt collection ability remaining very good, and no cases of long-standing receivables.

2025 is considered a pivotal year as HVC decided to expand into the field of general contracting for industrial factory construction and achieved significant success by securing many high-value contracts. In addition, core areas such as: general contracting for mechanical and electrical systems; general contracting for high-end entertainment technology and equipment; and design and manufacturing of electrical cabinets and mechanical and electrical equipment continued to record significant achievements, contributing to strengthening HVC's capabilities and reputation in the market.

In the real estate investment sector, the project "Villa and garden area, forest planting combined with ecotourism in Mong Hoa commune, Hoa Binh city, Hoa Binh province" (now Ky Son ward, Phu Tho province) (commercial name Euro Villas) has completed many legal procedures such as: Decision approving the adjustment of investment policy, Decision on converting forest land use to other land, Approval of the Environmental Impact Assessment Report...

With a determination to break through, in 2025, HVC continued to be ranked among the Top 10 reputable electromechanical contractors, Top 100 future-building enterprises in Vietnam, and received a commendation from the Chairman of the Hanoi People's Committee for outstanding achievements in production and business. These are positive highlights demonstrating HVC's determination on its journey of development and expansion.

At the 2026 Annual General Meeting, HVC set a revenue target of VND 1,050 billion, after-tax profit of VND 73.5 billion, and projected a dividend payout of 10%. Sharing his thoughts on the revenue target, Mr. Tran Huu Dong – Chairman of the Board of Directors of HVC Group – stated that this figure was based on the prospect of a recovery in the real estate market, with total sales from projects signed in 2025 and carried over to 2026 amounting to approximately VND 1,300 billion. Furthermore, from the beginning of 2026 to the present, HVC has signed contracts totaling nearly VND 160 billion and is continuing negotiations with investors to sign more contracts.

Alongside its production and business activities, HVC is also accelerating the completion of legal procedures and striving to start construction of the Euro Villas project as soon as possible. Accordingly, HVC expects to prepare the application for land allocation and determine the land price for land use fee payment in Q3/2026; and in Q4/2026, to obtain the Certificate of Land Use Rights, apply for a construction permit, and begin construction of the project.

At this year's General Meeting, shareholders unanimously approved a 10% dividend payout plan and several other important proposals. Among them, the most notable was the proposal to implement a stock bonus program for employees. This stock bonus program is not only a practical welfare policy but also demonstrates the management's appreciation and respect for each individual's contributions. Through this, HVC Group aims to continue building a professional working environment, competitive compensation packages, and an increasingly comprehensive welfare system, providing employees with valuable additional income beyond their salaries, creating motivation for long-term commitment and sustainable development with the company.

Following the reporting, sharing, and exchange of important information, the 2026 Annual General Meeting of Shareholders of HVC Group concluded successfully with a 100% approval rate, demonstrating unity in development direction and shareholder confidence in the company. With a stable financial foundation, a clear strategy, and high shareholder consensus, the Board of Directors and employees of HVC Group are determined to complete the 2026 business plan, maintaining a minimum annual growth rate of 50% to create momentum for breakthroughs, enabling HVC to achieve many new successes and soon enter the Top 500 largest private enterprises in Vietnam.