Successfully holding the General Meeting of Shareholders in 2022, HVC Group "Efforts to overcome difficulties, pioneering spirit"

In the morning of April 20, 2022, at the National Convention Center (Hanoi), HVC Investment and Technology Joint Stock Company (stock code HVH) successfully held the Annual General Meeting of Shareholders in 2022.

Attending the meeting were Mr. Tran Huu Dong - Chairman of the Board of Directors, Mr. Do Huy Cuong - Vice Chairman of the Board of Directors, Mr. Le Van Cuong - Member of the Board of Directors cum General Director, members of the Board of Directors, members of the Executive Board. HVC Investment and Technology Joint Stock Company (HVC Group). There was also the presence of shareholders - an important component of the meeting.

The past 2021 has been a tumultuous year, many businesses have been heavily affected by the Covid-19 epidemic and HVC Group is no exception. Construction and related activities sometimes have to be temporarily suspended or limited in order to comply with regulations on disease prevention and control, so project implementation is very difficult. However, HVC Group still strives to overcome difficulties, affirming its pioneering spirit with many recognized achievements.

Last year, HVC Group is firmly consolidating the position in the TOP 5 prestigious and quality M&E contractors in Vietnam by completing and handing over the 4-star luxury hotel M&E general contractor project under the Resort project. My An Hot Spring Resort (My An Hot Spring Resort) in Thua Thien - Hue.

In the field of general contractor of high-end entertainment equipment, the Company has completed and handed over many swimming pools and water parks to the investor such as: Phenikka school swimming pool system, Koi fish tank filtration technology nearly 1000 m2 at Vinhomes Ocean Park project, landscape project at Vinhomes Riverside, VinWonder Nha Trang water park with a total area of more than 50,000 m2. General contractor of design, equipment supply, complete installation, construction, operation and technology transfer of water filtration and treatment system for water park Son Tien tourist area. General contractor of equipment supply, construction of swimming pool, landscape pool, Jacuzzi, indoor and outdoor play area of Mikazuki Japanese Resort & Spa project (Da Nang)....

In 2021, HVC Hung Yen Factory will stabilize production. The factory's products are guaranteed to be supplied to projects, helping the Company to limit many risks from fluctuations in input materials. The factory's machinery system is newly invested, so the factory's product quality always meets the strict requirements from HVC Group as well as its partners.

Not only that, the past year was quite successful in terms of bidding with the following criteria: Maintaining trust with strategic partners and affirming prestige with new partners, specifically: Continue to be general contractor at major projects of Vingroup investor in such as: Vinhhome Ocean Park, Vinhome Smart City, VinWonder Nha Trang, Vinhome Phu Quoc, Vinhome Grand Park, Vinhome Dai An, Vinhome Dream City, etc. partnership with many partners Prestigious partners with big projects: NovaWorld – Novaland investor, Sunshine Heritage Rerost – Sunshine Group investor, Danko City Thai Nguyen – Danko Group investor, Yoko Onsen – SunGroup investor, Wyndham Mui Ne – owner invest in Apec Group,…

Currently, HVC Group is a partner of major investors: Vingroup, SunGroup, Muong Thanh, Delta, Sun shine Group, Apec, Danko, Thang Long Invest, Phenikka, Novaland, Bitexco, Alma, Sigma, Suoi Tien...

In the context of difficult epidemics, although the Company's business results only reached 67% of the plan, the financial indicators of HVC Group were at a safe level. Specifically: Quick ratio still reached 1.24 times, confirming that the Company's financial strength is still stable and fully capable of paying its financial obligations. The ratio of liabilities to equity reached 0.56 times at a relatively safe threshold, this ratio shows that the management is using a part of equity to finance short-term assets, so the level of financial adequacy is low. HVC Group's main business is stable.

Based on the economic situation in 2022, and the potential of the Company, HVC Group sets a target of 2022 production and business plan with total revenue of 386 billion VND, profit after tax 31 billion VND, continuing to develop sustainable development, bringing benefits to shareholders, employees and customers.

Also at the Annual General Meeting of Shareholders in 2022, shareholders unanimously approved the report and report of the Board of Directors, the Board of Directors and the Board of Supervisors on the financial report for the year 2021 and the report. approved the profit distribution plan in 2021, the application for amending the business registration lines, the application for amending and supplementing the Company's charter and other important submissions. At the same time, the General Meeting elected Ms. Ha Thi Linh to the Supervisory Board after approving Ms. Do Thi Le's resignation letter.

Mr. Tran Huu Dong - Chairman of the Board of Directors of HVC Group shared: “HVC determines the long-term vision is to build HVC into a private economic group, a strong brand with sustainable development, linking the interests of the Company. company with the interests of the community and society. With the core value of Innovation - Prestige - Responsibility, we are determined to put HVC in the TOP 500 largest enterprises in Vietnam in 2026 (After 15 years of construction and development)".