On m88.vin download apk morning of June 10, Viglacera Corporation – JSC (Ticker: VGC) successfully convened its 2025 Annual General Meeting of Shareholders (AGM).

m88.vin download apk meeting saw m88.vin download apk participation of shareholders representing over 415.6 million shares, equivalent to 92.7% of m88.vin download apk total voting shares, including both in-person and proxy attendees.

Overview of Viglacera’s 2025 Annual General Meeting of Shareholders

2024: A Year of Resilient Growth

During m88.vin download apk meeting, Mr. Trần Ngọc Anh, Board Member and Deputy General Director of m88.vin download apk Corporation, presented m88.vin download apk 2024 performance report. Despite facing challenges such as a slowdown in construction material demand, severe natural disasters, and global economic uncertainties, Viglacera remained agile and proactive. Through strong and effective measures, m88.vin download apk company surpassed its business targets. Consolidated net revenue reached VND 11,906 billion, while consolidated pre-tax profit hit VND 1,630 billion-47% higher than m88.vin download apk approved plan. m88.vin download apk dividend payout ratio stood at 22%, exceeding m88.vin download apk original target by 2%.

These impressive results reflect Viglacera’s ability to maintain stable growth throughout 2024, laying a solid foundation for its next development phase.

Ambitious 2025 Targets: VND 14,437 Billion in Revenue and VND 1,743 Billion in Profit

Presenting on behalf of m88.vin download apk Board of Directors, Mr. Nguyễn Trọng Hiền outlined Viglacera’s 2025 strategy, which m88.vin download apk AGM approved. m88.vin download apk key targets include consolidated net revenue of VND 14,437 billion and consolidated pre-tax profit of VND 1,743 billion-up 21% and 7%, respectively, from 2024. A 22% dividend payout will also be maintained, ensuring shareholder returns.

Mr. Hiền emphasized priorities such as executing divestment plans; implementing m88.vin download apk corporation’s restructuring strategy, particularly streamlining m88.vin download apk management model at m88.vin download apk parent company; developing both domestic and export markets; and building new market strategies, organizational models, and tailored sales teams for each product segment.

Viglacera will continue to drive internal reforms in governance from m88.vin download apk parent company to subsidiaries, aiming to overcome challenges and enhance operational efficiency. m88.vin download apk 2025 plan will be continuously reviewed and adjusted in response to market dynamics, minimizing risks while staying grounded in reality.

m88.vin download apk meeting also featured open, transparent discussions, with shareholders contributing constructive input to help ensure successful plan execution in a fast-evolving economic environment-especially in light of new retaliatory trade measures from m88.vin download apk U.S.

Navigating Global Challenges, Attracting Strategic Investors

Speaking with shareholders, Mr. Trần Ngọc Anh noted that traditional investors from markets like South Korea, Japan, Taiwan, Hong Kong, and other parts of Asia are re-evaluating new project investments. However, Viglacera has proactively followed tariff negotiations between m88.vin download apk two governments and engaged directly with international associations and investors. These efforts help identify concerns, assess market sentiment, and deliver timely, supportive solutions to maintain investor competitiveness.

Currently, Viglacera is focused on attracting investors less affected by m88.vin download apk new tax policies while upgrading infrastructure and public utilities. m88.vin download apk “one-stop” service model is being expanded, and worker housing near industrial parks (IPs) is also being promoted to provide peace of mind for long-term investors.

In 2025, Viglacera plans to develop new industrial parks in strategically located areas with robust infrastructure and investment appeal. m88.vin download apk company will also accelerate digital transformation, improve environmental quality in IPs through smart, green technologies, and work toward building integrated eco-industrial cities.

Securing New Revenue Streams and Enhancing Product Value

In a shareholder Q&A session, Mr. Nguyễn Anh Tuấn, CEO of Viglacera Corporation – JSC, reaffirmed m88.vin download apk company’s efforts to develop new revenue sources that safeguard shareholder interests and support long-term growth.

In m88.vin download apk building materials segment, Mr. Tuấn shared that 2025 investments will focus on deep technology upgrades, increased automation, improved yield rates, and cost optimization across all production lines. These moves are designed to meet m88.vin download apk growing demand in high-end markets, support exports, and replace imported products, especially high-value items like fire-resistant glass, solar control glass, anti-reflective glass, and other premium glass technologies.

Regarding concerns about m88.vin download apk future of industrial real estate under U.S. retaliatory tariffs, Mr. Tuấn assured shareholders that Viglacera is proactively leveraging its residential and urban development portfolio to establish new revenue channels.

Worker and Social Housing Development to Expand

For m88.vin download apk social and worker housing segment, Viglacera will continue to develop integrated housing projects alongside existing industrial parks in Hà Nam, Phú Thọ, Quảng Ninh, Bắc Ninh, Hà Nội, and other areas with strong development potential.

m88.vin download apk AGM also endorsed Viglacera’s broader strategic direction. In 2025 and beyond, m88.vin download apk corporation aims to strengthen its dual focus on building materials and real estate, transforming into a robust economic group. m88.vin download apk company will streamline governance across sectors, enhance autonomy, and elevate strategic planning and performance oversight across all management levels.

Changes in Leadership: Strengthening m88.vin download apk Board and Supervisory Committee

m88.vin download apk AGM approved m88.vin download apk resignation of Mr. Nguyễn Văn Tuấn from m88.vin download apk Board of Directors and elected Mr. Trần Mạnh Hữu as a new board member. Mr. Nguyễn Việt Trung was also elected to m88.vin download apk Supervisory Committee, replacing Mr. Hữu, who stepped down to take on new responsibilities.

Viglacera has finalized m88.vin download apk restructuring of its senior leadership within m88.vin download apk Board of Directors.

Following m88.vin download apk AGM, m88.vin download apk Board convened and elected Mr. Trần Mạnh Hữu as Chairman of m88.vin download apk Board of Directors for m88.vin download apk 2024–2029 term, while Ms. Nguyễn Thị Thắm was elected Head of m88.vin download apk Supervisory Committee.

Born in 1978, Mr. Hữu holds a degree in finance and has extensive experience, including roles at m88.vin download apk State Capital Investment Corporation (SCIC) and as m88.vin download apk SCIC representative at Cam Pha Cement JSC. He was appointed Head of Viglacera’s Supervisory Committee in April 2021 and was nominated again by m88.vin download apk parent company GELEX Infrastructure JSC during m88.vin download apk 2024 AGM.

With strong consensus and support, m88.vin download apk AGM approved all reports, proposals, and key resolutions, setting m88.vin download apk stage for a promising year ahead.

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