(TTTD) HVC Group conquers the market of electromechanical and high-end entertainment equipmen

TTTD – On April 20, HVC Investment and Technology Joint Stock Company (HVC Group) held the 2022 Annual General Meeting of Shareholders to report on the results of the operation of production and business activities in 2021 and approved many plans to implement the production and business plan 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 and its shareholders.

Positive highlights

Experiencing many changes in 2021 due to the heavy influence of the COVID-19 epidemic, the company's construction and construction activities sometimes had to suspend or limit the gathering of people, making the project implementation very difficult. difficult.

However, despite the difficulties, there are still positive points. For M&E general contractor activities, in 2021, HVC Group firmly consolidates the position of TOP 5 prestigious and quality M&E contractors in Vietnam by completing and handing over the hotel M&E project. 4-star luxury resort project of My An Hot Spring Resort (My An Hot Spring Resort) in Thua Thien - Hue.

In the activities of the general contractor of high-class entertainment equipment, HVC Group maintains its leading position in Vietnam in terms of design, construction and installation of high-class entertainment equipment. In 2021, the company 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 of 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…

Also in 2021, HVC Hung Yen Factory will stabilize production. The factory's products are guaranteed to be supplied to projects that help the company 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.

In 2021, the company cooperates with many prestigious partners with large projects: NovaWorld - investor of Novaland, Sunshine Heritage Rerost - investor of Sunshine Group, Danko City Thai Nguyen - investor of Danko Group, Yoko Onsen – investor SunGroup, Wyndham Mui Ne – investor Apec Group,…

The company is also constantly looking for new technologies to meet the needs of the market in addition to improving product quality; quickly apply BIM technology in project design and construction. HVC Group is a leading unit in Vietnam bringing new technologies such as mobile artificial snow houses, VR virtual reality technology and recently cold snow fumigation technology.

Mr. Tran Huu Dong - Chairman of the Board of Directors of HVC Investment and Technology Joint Stock Company (HVC Group) spoke at the meeting

Before the complicated development of the 4th epidemic,  HVC Group  donated 40 million VND to the COVID-19 vaccine fund, through the Hanoi Tax Department and the Hanoi Young Business Association. Accompanying with the Hanoi Young Business Association, HVC Group has implemented meaningful volunteer activities to contribute to the prevention of the epidemic, and to support difficult situations because of COVID-19 through two programs. Practical strength: "Million meals - The heart of young Hanoi enterprises" and "Mini supermarket 0 VND - Hanoi pink heart".

Get human goals to develop business

The report at the Annual General Meeting of Shareholders in 2022 shows that, by the end of 2021, the company's total revenue is 308 billion VND ,  profit before tax: 13.8 billion VND; profit after tax: 11.4 billion dong.

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 for short-term assets, so the level of financial adequacy is low. HVC Group's main business is stable.

Talking about the future development orientation of HVC Group, Mr. Tran Huu Dong - Chairman of the Board of Directors said: “In the short and medium term, the company continues to maintain its strength in high-end amusement equipment. In the field of M&E M&E general contractor, we focus on sustainable development with sustainable annual growth of at least 25 - 30%. Besides, the company will continue to look for better projects for long-term investment, bringing benefits to the company and shareholders."

For the business plan in 2022, HVC submitted at the general meeting of shareholders, striving for total revenue of 386 billion dong ,  profit after tax: 31 billion dong.

HVC Investment and Technology Joint Stock Company was established on March 21, 2011 from the young aspiration, the desire to conquer technology, to conquer the new entertainment equipment market in Vietnam of the founders. create.

Major partners of HVC: Vingroup, Sungroup, Muong Thanh, Delta, Sun shine Group, Apec, Danko, Thang Long Invest, Phenika, Novaland, Bitexco, Alma, Sigma, Suoi Tien...

HVC currently has nearly 300 employees working at  1 head office, 2 representative offices, 1 equipment factory in Hung Yen  and dozens of construction sites across the country.

HVC defines a long-term vision as building HVC into a private economic group, a strong brand with sustainable development, linking the interests of the Company with the interests of the community and society. Determined to put HVC in the TOP 500 largest enterprises in Vietnam in 2026 (After 15 years of construction and development).

Website:  https://hvcgroup.net