On July 29, 2021, An Phat Holdings (APH) held an online event to review business activities for the first 6 months of the year and review plans for the last 6 months of the year. This is an annual activity to assess the operation, production and business situation in the first and second quarters to propose plans to increase production in the second half of the year.

Attending the online event was Mr. Pham Anh Duong, Chairman of An Phat Holdings and the Board of Directors of APH and member companies in Hanoi, Ho Chi Minh, Hai Duong, Hung Yen, Yen Bai etc.

In the context of complicated developments of the Covid-19 epidemic, APH held the ceremony online, ensuring the prevention and control of the epidemic.

Reviewing the business performance in the first half of 2021, the Group assessed business and production activities for the first 6 months and plan to implement key projects of the year.

In particular, the Group’s Board of Directors emphasized a number of important activities in the past time such as the cooperation with Actis – the British Investment Fund in the field of industrial real estate, preparing for the construction the of PBAT An Phat manufacturing plant, boost export activities to the US, Europe… in the context of the world economy has gradually recovered.

Especially, in the context of complexity caused by Covid-19 and the fact that freight costs are rising in the world, the Group has still achieved positive results in both revenue and profit. The Group’s Board of Directors commended and awarded three member companies with the best achievements, namely An Phat Bioplastics, An Phat Complex and An Thanh Bicsol. The Board of Directors of the Group expressed their confidence in the leadership team of the subsidiaries and employees, encouraging all employees to strive for the best and putting more efforts in the coming period.

In the plan for the last 6 months of the year, the Board of Directors requests that all subsidiaries focus on production and business activities to achieve the set targets, and at the same time ensure maximum safety for production and employees, strengthen the plan to vaccinate employees for Covid-19 prevention… This is the key for the Group’s success in 2021 and to set the stage for 2022-2023.

Actis – A leading global investor in sustainable infrastructure, signed a cooperation agreement with An Phat High-Technology Industrial Park Company Limited (An Phat Complex), a member of An Phat Holdings in which Actis invested more than USD 20 million in An Phat 1 Industrial Park to own 49% of the company’s shares.Additionally, the parties have signed a Memorandum of Understanding to form an RBF / RBW development joint venture program worth US $250 million.

An Phat Holdings (ticker symbol: APH) and Actis, a leading global investor in sustainable infrastructure, officially signed a development cooperation agreement that will focus on two areas: the development of industrial parks and ready-built factory and warehouse (RBF / RBW) for lease. Accordingly, Actis will invest more than US $20 million in An Phat 1 Industrial Park to own 49% of the company’s share. Additionally, the parties have signed a Memorandum of Understanding to form an RBF / RBW development joint venture program worth US $250 million.

Mr. Brian Chinappi, Partner and Actis’ Head of Asia Real Estate said “The industrial and logistics sector is consistent with our strategy to invest in sustainable infrastructure in growth markets in Asia and globally. We see compelling opportunities to pursue our build-to-core strategy in the industrial and logistics sector, reinforced by what we at Actis refer to as the 4Ds: Demographic shifts, Digital disruption, Deficient supply and Demand for yield. Vietnam’s industrial and logistics real estate market is poised for outsized growth given the sustained relocation of manufacturing base from markets like China, strong growth in domestic exports and imports, and an accelerating shift to e-commerce retailing. An Phat Holdings has a strong track record in this space, a clear development strategy, and like Actis, it is fully committed to sustainable development. An Phat 1 Industrial Park will be the beginning of our strategic partnership with An Phat Holdings and we are excited to jointly pursue industrial park and ready-built factory/ warehouse development opportunities on a large scale”.

Commenting on the strategic cooperation, Mr. Dinh Xuan Cuong – Vice Chairman, Chief Executive Officer of An Phat Holdings expressed: “This is the first step in the long-term cooperation between An Phat Holdings and Actis, aiming to develop An Phat 1 Industrial Park into a leading, green industrial park in the North. For us, this cooperation provides funds and also provides An Phat Holdings with more resources to deploy to new projects and unlock potential of the industrial real estate segment. Along with that, we can improve reputation, product and service quality, and maximize operating capacity of An Phat 1 Industrial Park.”

Actis is a leading global private capital investor focused on sustainable infrastructure. The firm has a strong emerging markets heritage across Africa, Asia and Latin America raising more than US$ 19 billion, in over 260 investments in the last 20 years. Actis connects the world’s leading institutional investors with investment opportunities in sustainable infrastructure sectors. Through deep operational experience, on the ground presence, and a values-led approach, Actis delivers competitive returns for its investors and transformational positive impact for the countries, cities and communities in which it invests. At present, the company has a team of more than 120 investment professionals, working across 17 offices globally.

An Phat 1 Industrial Park is a project of An Phat High-Tech Industrial Park No.1 Joint Stock Company, a subsidiary of An Phat Bioplastics (Ticker symbol: AAA) – member of An Phat Holdings. An Phat 1 Industrial Park is also one of its four new industrial parks in Hai Duong province, with an area of 180 ha in phase 1 with the charter capital of VND 375 billion. When it comes into operation, An Phat 1 Industrial Park aims to attract 50 – 70 manufacturing plants, creating jobs for approximately 12,000 workers, and reaching a 100% occupancy rate by 2024.

An Phat 1 Industrial Park’s goal is to develop Hai Duong’s leading high-tech and environmentally-friendly industrial park, which attracts investors from a wide range of industries, such as electronics, food and beverage (F&B), plastic, injection molding and supporting industry among others.

Currently, An Phat 1 Industrial Park is at the site clearance stage in preparation for construction to begin in July 2021. It is expected that the industrial park will come into operation and start commercial activities from the fourth quarter of 2021.

An Phat Holdings is the leading high-tech and environmentally-friendly plastic Group in Southeast Asia. Currently, An Phat Holdings owns two leading industrial parks in the North, An Phat Complex and An Phat 1 Industrial Park (a joint venture with Actis). In the next 5 years, the group plans to develop a large land bank in Hai Duong, a favorable location to attract foreign investment into Vietnam due to its high-quality workforce, supporting infrastructure and connectivity to major sea and airports, and close proximity to the Chinese border.

On the evening of June 5, the launching ceremony of the national COVID-19 vaccine fund in Hanoi was held with the presence of the Prime Minister, representatives of leaders of government, enterprises and organizations.

Attending the event, An Phat Holdings was honored to receive the Government’s commendation as pioneer donor to the national COVID-19 vaccine fund. Representative of An Phat Holdings’ management, Mr. Pham Van Tuan – Acting Deputy CEO of the Group received certification for making contribution of VND 20 billion (~$ 851,000) to the national COVID-19 vaccine fund.

In the fight agaisnt COVID-19, An Phat Holdings wishes to contribute to the community, demonstrating the social responsibility of businesses for the country to quickly stamp out Covid-19.

See more pictures at the event:

On 28 April, An Tien Industries Joint Stock Company (Ticker Symbol: HII) successfully held the General Shareholders’ Meeting 2021. At the meeting, the Board of Directors evaluated the efficiency of production and business activities in 2020, approving business plan in 2021 and plan to issue 4.8 million bonus shares to existing shareholders, among other important issues.

Regarding business performance in 2020, in the context of a global economic slowdown due to the Covid-19 pandemic, global trade is affected, as an exporter, HII implemented measures to adapt to the general situation, overcome difficulties by restructuring enterprises, searching for new markets, and promoting exports.

As a result, HII’s revenue reached VND 4,083 billion (~$ 173.7 million), after-tax profit reached VND 53 billion (~$ 2.2 million), completing 124% of planned revenue, 88% of planned profit in 2020. Despite the impact of the Covid-19 epidemic, the production output of two main products of the business, CaCO3 and filler, continued to increase 8% over the same period, equivalent to 103 thousand tons. However, revenue in 2020 decreased by 12% over the same period due to a sharp decline in world plastic material prices in the first half of 2020.

In 2020, HII managed to saved production costs, especially the commercial segment applied a new policy of receiving goods when there are orders, reducing inventory, along boosting exports, leading to a sharp increase in profit margin. In detail, the profit margin is improved from 2.5% in 2019 to 3.7% in 2020 for the commercial segment, and from 20.1% to 22.8% in 2020 for the manufacturing segment.

Total assets as of 31/12/2020 were 1,530 billion VND, a decrease of 13% compared to the same period, mainly because HII reduced its liabilities during the year.

In 2021, HII targets to achieve revenue of VND 4,000 billion (~$ 170 million) and profit after tax of VND 70 billion (~$ 3 million), equivalent to 32% growth compares to achieved profit in 2020, payout ratio rate from 10-15% per share.

The General Shareholders’ Meeting also approved the plan to issue 4.8 million bonus shares, an implementation ratio of 100:15, to existing shareholders.

Also in 2021, HII will optimize production at the stone powder and ANCAL additives manufacturing plant, setting a consumption target of 130,000 tons of stone powder and gradually shift to biocompound environmentally friendly products that have good profit margins and high value engineering plastic compound products.

At the end of the first quarter of 2021, HII’s consolidated revenue reached VND 1,282 billion (~$ 55 million), profit after tax reached VND 29.5 billion (~$ 1.3 million), equivalent to growth of 61% and 286% compared to the same period in 2020, completing 32% and 42% of revenue and profit plan in 2021.

An Tien Industries Joint Stock Company (Ticker symbol: HII) has issued the documents of the General Shareholders Meeting in 2021.

Accordingly, in 2021, HII plans to achieve a consolidated total revenue of VND 4,000 billion (~$170 million), a decrease of 2% compared to the plan in 2020. However, profit after tax is projected to reach VND 70 billion (~$ 3 million), equivalent to an increase of 32%. At the same time, the HII plans to pay dividends in 2021 at the rate of 10 – 15%.

In 2021, HII aims to focus on improving the capacity of current factories, such as importing 3 more fine powder machines and one powder grinding machine for mass production. Stone powder output will increase from 8,000 tons per month to 16,000 tons per month.

Besides, the company has a plan to expand the warehouse, optimize the warehouse area; Consider buying 2 more Ancal machines if maximum output and profit margin are maintained. The consumption output reached 130,000 tons of additives and stone powder per year.

Also at the General Shareholders Meeting, HII will submit to shareholders a plan to issue more than 4.8 million common shares to increase share equity from owners’ equity. Shares have a value of VND 10,000 dong per share, total expected issue value is over VND 48 billion (~$ 2 million), implementation ratio 100:15 (shareholders owning 100 shares will receive 15 new shares).

In 2020, HII achieved VND 4,083 billion (~$ 174 million) in net revenue, which decreased 11.9% compared to 2019. In which, revenue from trading plastic resin reached VND 3,347 billion (~142 million), declined 13.7% compared to 2019. And revenue from the production and trading of plastic materials (Calbest particles and stone powder) by 2020 will reach VND 604 billion (~$ 25.7 million), equivalent to a decrease of 5%.

(Source: https://tinnhanhchungkhoan.vn/an-tien-industries-hii-nam-2021-len-ke-hoach-dat-70-ty-loi-nhuan-va-phat-hanh-them-4-8-trieu-co-phieu-post266250.html)

An Phat Holdings, a pioneer in the production of bioplastic products in Vietnam, was just granted a trademark registration certificate by the United States Patent and Trademark Office for its AnEco-branded compostable and compostable product line. This is a notable success for the company in cultivating and developing overseas output markets for its green products.

The registration of the trademark in the US not only allows AnEco to get legitimate legal protection in the US, it also opens up a multitude of opportunities for APH to expedite business co-operation projects and bring AnEco compostable products to the US and North American markets.

In light of the United States Patent and Trademark Office (USPTO) decision, AnEco will receive protection for 10 years, with a possibility of subsequent extension. Through US trademark protection, the company will be able to scale up sales of AnEco products in this demanding market.

AnEco product lineups benefiting from this certification include compostable products such as: cutlery (knives, spoons, and forks); food storage bags, garbage bags, and shopping bags; drinking cups and straws.

The AnEco product lineup was developed and launched in the global market by An Phat Holdings (APH) since 2015. As of now, the products have made forays into more than 20 countries, including fastidious markets like the US, Italy, France, and Australia.

With AnEco, APH has become the trailblazer in Vietnam in producing environmentally friendly products. Compostable products under the AnEco brand have undergone strict quality verification processes and won the world’s leading certificates, including OK Compost HOME and OK Compost INDUSTRIAL by TUV Austria, BPI Compostable (US) or DIN CERTCO (Germany), and Biobased 50-85%, among others.

In its global green supply chain integration strategy, APH has made the US its focal market and has prepared to fully tap into the market in the upcoming years. To receive the protection of the US administration, the company had spared no efforts for more than two years to develop this green product lineup for this demanding market.

Today (25 Feb 2021) at the headquarters of the Vietnam Fatherland Front Committee of Hai Duong, the representative of the Board of Directors of An Phat Holdings (APH) handed over VND 20 billion (~ $851,000) support to the provincial government to buy vaccines for residents of Hai Duong in the fight against Covid-19. Previously, in 2 times of support on February 1 and February 17, APH donated VND 11.35 billion (~$482,000), including cash, necessities, and equipment … to the Hai Duong provincial government.

Thus, only in February 2021, the total value of VND 31.35 billion (~ $1,3 mil) was donated by APH in Hai Duong’s Covid-19 fight. Together with 3 times of support with cash and necessities, An Phat Holdings in coordination with Hai Duong’s Youth Union, individuals, organizations, businesses… launched campaign “Relief and rescue agricultural products of Hai Duong”, rescued 1,000 tons of farm products.

Present at the headquarters of the Vietnam Fatherland Front Committee of Hai Duong province, the representative of the Board of Directors of An Phat Holdings, Mr. Pham Van Tuan – Acting Deputy CEO of the Group directly handed over VND 20 billion (~$ 851,000) to Hai Duong’s government representative to support the implementation of buying Covid-19 vaccine for the resident of Hai Duong. Hai Duong Province’s Leaders directly received support from APH and expressed appreciation to the Board of Directors and An Phat Holdings’ employees.

This is also the biggest donation that An Phat Holdings has donated to the representatives of Hai Duong Province in Covid-19 pandemic prevention. Mr Pham Van Tuan – An Phat Holdings’ Acting Deputy CEO shared “In the situation of urgent need to have vaccines, helping people feel secure and helping the government to control the pandemic early is not only the responsibility of An Phat Holdings but also other organizations and individuals who want to contribute. All the support of An Phat Holdings from human or material resources comes from the spirit of unanimity, joining hands toward Hai Duong, hoping the province will quickly overcome the pandemic.”

Hai Duong is the key production area of An Phat Holdings with 10 plants, many subsidiaries and is where 3,500 employees are living and working. Therefore, the Board of Directors and more than 5,000 employees of the whole Group are always ready to accompany and share all difficulties of Hai Duong in any period and at any time.

Along with the community support, An Phat Holdings always strictly complies with preventive measures at all factories, production facilities and offices, perform Covid-19 tests on all employees for ensuring “Safety for Employees, Safety for Production”.

Previously, in early 2020, since the outbreak of Covid-19 in Hanoi, An Phat Holdings also donated compostable products to 300 residents and soldiers on quarantine duty in Truc Bach area (Hanoi) and donated 5,000 medical masks and hand sanitizers to Vietnam Embassy in the United States.

On February 17, 2021, at the headquarters of the Vietnam Fatherland Front Committee of Hai Duong province, the representative of the Board of Directors of An Phat Holdings (APH) directly handed over VND 10 billion (~$425,000) in cash to the representatives of Hai Duong province to join hands and support Covid-19 prevention efforts in the province.

Earlier, at the beginning of February 2021, when Hai Duong detected many Covid-19-SARS-CoV-2 cases, An Phat Holdings donated 100 televisions and 40 tons of essential goods worth VND 1.35 billion (~$57,000) to the Committee for Covid-19 Prevention in Hai Duong province. With 2 times of support worth VND 11.35 billion (~$482,000), An Phat Holdings hopes to make a great contribution to join hands with the government and people of Hai Duong province to fight against Covid-19.

At the headquarters of the Vietnam Fatherland Front Committee of Hai Duong province, the representative of the Board of Directors of An Phat Holdings, Mr. Pham Van Tuan – Acting Deputy CEO of the Group directly handed over VND 10 billion (~$425,000) to the representative of Hai Duong. Hai Duong Province’s Leaders received donation from An Phat Holdings and expressed appreciation to the Board of Directors and employees of the Group.

According to current situation, Hai Duong has become an epicenter of the country with 5 major outbreaks areas: Hai Duong City, Chi Linh, Cam Giang, Kinh Mon and Nam Sach. As one of the largest enterprises in Hai Duong, An Phat Holdings quickly call member companies to support Hai Duong to fight the epidemic.

On behalf of An Phat Holdings, Mr. Pham Van Tuan – Acting Deputy CEO shared: “We hope that the support from An Phat Holdings will be timely and able to help the Hai Duong government quickly respond, successfully controlled and stamp out the Covid-19. With the responsibility of an enterprise, we are willing to contribute human and material resources to help Hai Duong overcome this difficult period”.

Along with the community support, An Phat Holdings is actively coordinating with the local authorities to strictly implement prevention measures, ensuring safety for workers returning to work, maintaining production and business activities of the Group during the first quarter of 2021. Up to now, APH and 15 member companies have not appeared positive cases, An Phat Holdings is still absolutely safe.

Previously, in early 2020, An Phat Holdings also donated compostable products to 300 residents and soldiers on quarantine duty in Truc Bach area (Hanoi) and donated 5,000 medical masks and hand sanitizers to Vietnam Embassy in the United States.

On the morning of January 9, at the Vietnam International Innovation Expo 2021 organized by the Ministry of Planning and Investment in Hoa Lac Hi-Tech Park, Prime Minister Nguyen Xuan Phuc visited the display booth of An Phat Holdings.

Here, the Prime Minister and the delegates experienced AnEco compostable products. Besides AnEco, An Phat Holdings also brought to the exhibition AnPro high-tech and architectural plastic products. AnEco and AnPro are two strategic product lines of An Phat Holdings not only in Vietnam but also in the export market.

The Vietnam International Innovation Expo 2021 was organized for the first time to honor and introduce the innovative activities of active businesses in the Vietnamese ecosystem in areas such as: Smart City, Smart Factory, network security, digital and technology transformation in agriculture and environment…

An Phat Holdings and more than 150 enterprises exhibited, introduced and demonstrated innovative solutions, ideas and technology products at the exhibition. The event attracted nearly 10,000 visitors. Thousands of delegates and visitors expressed interest as being shared and directly experiencing the high-tech and environmentally friendly products of AnEco and AnPro.

Some other photos at the event:

Visitors to APH booth at the exhibition:

The Board of Directors of An Tien Industries JSC (Ticker symbol: HII) has just issued appointment decision of General Director. Following by, Ms. Dang Thi Quynh Phuong is appointed as new General Director from November 16, 2020.

Ms. Dang Thi Quynh Phuong started working at An Phat Xanh Plastic JSC (AAA) since 2012 and used to hold the position of Deputy General Director at An Phat Xanh Plastic Company (AAA) from March 2017 to 8/2020, then moved to the position of Deputy General Director of An Tien Industries (8/2020) before taking on the position of General Director of HII. Currently, Ms. Phuong also holds the position of General Director of AnBio JSC. During her ten-year working period at AAA, HII, AnBio in particular and An Phat Holdings Group in general, Ms. Phuong has achieved excellent achievements in business management and development, making a significant contribution. to the success of An Phat Holdings

Recently, Ms. Dang Thi Quynh Phuong was honored to receive the Outstanding Young Entrepreneur Award at the ASEAN Business Awards Ceremony awarded by Deputy Prime Minister Truong Hoa Binh in the framework of the ASEAN Business & Investment Summit. from 12-15 November 2020 in Vietnam.

An Tien Industries is a subsidiary of An Phat Bioplastics. According to the latest financial report, An Tien Industries recorded the third quarter’s revenue of VND 1,059 billion; profit after tax reached VND 20 billion, increased 15% over the same period.

In the first 9 months of the year, An Tien Industries’ revenue and profit after tax were VND 2,942 billion and VND 42 billion respectively, corresponding to achieve 89% and 70% of annual plan.

In addition, Mr. Doan Minh Duc, Former General Director will be appointed to a new position.