On September 24, 2023, at An Phat 1 Industrial Park (Hai Duong), an offline race officially took place, ending a series of running events both online and offline on the occasion of the anniversary of 21 years of establishment of An Phat Holdings. With the theme “Accelerated – Breakthrough – Master the future”, the 21-year race of An Phat Holdings gathered more than 1,500 runners throughout the Group.
Specifically, with the online format, the 21-day online race recorded the participation of more than 1,000 employees in Vietnam and other countries. The participation of each employee also contributes 100,000 VND/runner to the An Phat fund (minimum 5 km/21 days) to help employees in need. Meanwhile, the offline race took place at An Phat 1 Industrial Park (Hai Duong) have the participation of more than 500 runners, competing at distances of 5, 10, and 15 kilometers.
61,000 kilometers run, more than 1,500 runners, these are the achievements recorded in the An Phat Holdings’ 21-year race.
Speaking at the opening ceremony, CEO of An Phat Holdings Pham Do Huy Cuong said: “Through this series of online and offline races, I have seen and appreciated all employees’ spirit of enthusiasm and endeavor to exceed the set target. It can be said that every time we exceed a goal, we step over our limits. Turning 21, I hope that our employees will bring the enthusiastic and vibrant spirit of youth to devote themselves, conquer challenges, and be ready to help An Phat Holdings ‘Accelerated – Breakthrough – Master the future’ in the coming period!”.
The 21 years of An Phat Holdings race“Accelerated –Breakthrough – Master the future” is not only an activity that unites An Phat people but also carries many noble and humane meanings, whichaimto promote the spirit, unite, practice strong will and spirit, whilecontributing practical values to the community. In the new period, An Phat Holdings aims to build a global Vietnamese brand, develop sustainable businesses, and contribute to the community and society.
After 21 years of establishment and development, An Phat Holdings has left unforgettable remarks in the market, such as becoming Southeast Asia’s largest thin monolayer film producer with many large-scale projects and owning 18 subsidiaries in diversified industries and fields. An Phat Holdings’ products are present in 70 countries and territories, such as the US, Japan, Europe, Korea, Singapore, the Arab Emirates, Taiwan, and the Philippines… Besides production and business activities, An Phat Holdings is also well-known for its CSR activities.
Towards the 21st anniversary of establishment (September 27, 2002-September 27, 2023), on the morning of August 30, in Hanoi, An Phat Holdings officially launched “An Phat Holdings Race: Accelerate – Breakthrough – Master the future”, spreading the message of health and healthy life style, bringing values to the community.
The An Phat Holdings’ Race: Accelerate – Breakthrough – Master the future is organized in the form of online and offline, with the participation of employees from 18 member companies of the Group. This is a meaningful activity to strengthen the spirit of solidarity and cohesion, contributing to improving the production and business efficiency; and at the same time spread to friends, partners and customers the pride of the establishment and development of An Phat Holdings over the past two decades.
Speaking at the launching ceremony, Mr. Pham Do Huy Cuong, CEO of An Phat Holdings affirmed: “For the first time being organized, I hope that An Phat Holdings’ Race will connect the solidarity and sports spirit of employees while contributing practical values to the community on the occasion of the 21st anniversary of its establishment. Also through this event, I hope that our employees will exercise more to improve endurance and will to conquer bigger goals together, and bring the Group to the new phase of development.”
The running theme “Accelerate – Breakthrough – Master the future” is also the goal that An Phat Holdings aims to in the new development phase. That is a strong growth rate, constantly trying to create breakthroughs and build a sustainable future.
Regarding the online race, it will take place for 21 days, from January 9 – September 21, 2023. With the spirit of solidarity, the participation of each employees will contribute VND 100,000 VND to An Phat Fund which helps employees in need (each athlete must complete minimum 5km in 21 days). The online race can record the results received in all different regions and countries.
In another hand, the offline race will take place at An Phat 1 Industrial Park (Hai Duong province), from 7:00 am to 10:00 am on Sunday, September 24, 2023, with the participation of a large number of employees of the Group and subsidiaries.
After the launching ceremony, thousands of employees across the country and abroad began to participate in the competition.
On July 13, An Phat Holdings successfully held half-year review ceremony to summarize business activities in the first 6 months of the year and implement tasks for the last 6 months of the year. Attending the event were representatives of the Group’s Board of Directors, leaders of member companies and group employees.
The ceremony summed up and evaluated the production and business activities of all An Phat Holding’s member companies in the first 6 months of 2023. Despite being affected by the global economic downturn, An Phat Holdings still strive to complete the set targets.
Speaking at the ceremony, Mr. Pham Do Huy Cuong – CEO of An Phat Holdings reviewed the outstanding results that APH has achieved in the past 6 months. Accordingly, APH has completed the set targets, continuing to affirm the Group’s position and reputation in the market. In which, Packaging and Building Materials Plastics segment, Industrial real estate achieved outstanding results in the first 6 months of the year. Other business segments of the Group such as Chemicals for the plastic industry, Industrial catering services, Engineering plastics, Compostable products, Trade and services etc recorded positive growth. This is a solid premise for the Group to accelerate in the second half of 2023.
Recognizing and appreciating the efforts of subsidiaries in the first 6 months of the year, at the ceremony, representatives of the Group’s Board of Directors awarded the business sectors with excellent achievement in the first 6 months of the year.
At the ceremony, the Board of Directors also listened to the sharing of representatives of member companies. Though being affected by the global economic picture, according to representatives of the Group’s segment, in the first half of 2023, production and business activities have gradually recovered, significantly improved compared to 2022.
Based on the positive results achieved in the first 6 months of the year, the Group’s leadership has set production and business plans and targets in the third quarter, specifically: Maintaining positive growth at member companies, developing new products, new customers and expanding export markets, developing new industrial real estate projects, implementing digital transformation in production and business activities, improving the quality of human resources.
Entering the second half of 2023, representatives of member companies are confident to soon fulfill the target that has been set at the General Shareholders’ Meeting.
On April 26, An Tien Industries (Ticker Symbol: HII) successfully held the Annual General Shareholders’ Meeting 2023. Accordingly, the Annual General Shareholders’ Meeting approved a target revenue of VND 6,000 billion (255.5 million USD), consolidated profit after tax of VND 30 billion (1.28 million USD), along with many other critical issues.
In 2022, the global economy faced numerous challenges which led to rampant inflation and economic downturn in many countries. These factors have negative impacts on economic growth, causing difficulties for enterprises, including An Tien Industries JSC. Under these circumstances, the Board of Directors (BOD) has drastic action and effective measures to flexibly adapt to the new situation.
As a result, An Tien Industries’ revenue in 2022 reached VND 10,665 billion (454.2 million USD), increasing by 29% compared to 2021, completing 119% of the plan, of which, the commercial segment contributed VND 9,386 billion (399.7 million USD), the production segment contributed VND 724 billion (30.8 million USD), the service segment contributed VND 556 billion (23.6 million USD).
Consolidated gross profit reached VND 233 billion (9.9 million USD), which decreased by 55% compared to 2021 as plastic resin prices fell significantly in the second half of 2022, making the commercial segment less efficient. The gross profit of the production segment reached VND 219 billion (9.3 million USD) (up 15%), the service segment reached VND 25 billion (1.06 million USD) (up 1.8%). Thus, the production and service segments remained stable in 2022.
Regarding the production and business plan in 2023, An Tien Industries will continue to promote its strengths and improve its position in all areas of operation.
Along with the trend in the world to start shifting the consumption of high-tech plastic products to replace conventional plastics, An Tien Industries is oriented to produce high-quality raw materials for the engineering plastics segment of the Group in particular, and the plastic industry in general. Simultaneously, researching and developing products that create sustainable value for the plastic industry and are environmentally friendly.
In order to meet the growing market demand, HII aims to increase the production scale to 130,000 tons of plastic beads and stone powder and expand the export markets.
In addition, in order to improve product quality, An Tien Industries will focus on investing in R&D and modern technology, expanding production scale, and producing high-quality compounds for the Group’s engineering plastics factory, and especially producing environmentally friendly plastic products.
In particular, HII will foster cooperation with large enterprises in the industry owning mines and modern factory systems, enhance the quality assurance of input materials; improve the risk management system, ensure financial health; implement internal control through compliance monitoring activities for departments and factories to ensure that all activities are carried out effectively.
In addition to the above issues, BOD also approved the amendment and supplement of the company’s charter, the dismissal Mr. Dinh Xuan Cuong and Mrs. Dang Thi Xue as BOD members, and the appointment of Mr. Nguyen Trung Kien as the new President of BOD.
On March 8, 2023, at the Conference on summarizing the work of emulation and commendation in 2022, deploying tasks and launching the patriotic emulation movement in 2023 organized by Yen Bai Provincial People’s Committee, An Tien Industries Joint Stock Company (Ticker Symbol: HII) was awarded the Third-class Labor Medal from the President. On behalf of the B.O.D, General Director of An Tien Industries Ngo Van Thu received this prestigious award.
At the ceremony, Mr. Do Duc Huy – Secretary of the Yen Bai Provincial Party Committee, authorized by the President, awarded the Third-class Labor Medal to An Tien Industries – a subsidiary of An Phat Holdings. An Tien Industries is also the only business in Yen Bai province to be awarded the Third-class Labor Medal for its outstanding achievements from 2017 to 2021, contributing to the great career of the Communist Party, the State and the socialist regime.
Mr. Ngo Van Thu, General Director of An Tien Industries JSCoint Stock Company, shared: “An Tien Industries is always proud to be one of the outstanding enterprises in Yen Bai province, contributing to the socio-economic development of the locality. This noble award serves as a great motivation for An Phat Holdings in general and An Tien Industries in particular to firmly step on the “green growth” journey ahead.
Established in 2009, An Tien Industries has now risen to become the leading manufacturer of Ancal additives, CaCO3 stone powder in Vietnam. The company’s products not only serve the domestic demands but are also exported throughout more than 50 countries and regions worldwide, gaining trust and high appreciation from customers.
After more than a decade of establishment and development, the achievements of An Tien Industries in business and social contributions have been recognized by prestigious awards such as: Exporting Enterprise Award; Vietnam Gold Star Award; FAST500 award – Top 500 fastest growing enterprises in Vietnam; along with various Certificates of Merit and Emulation Flags of Governance.
On January 31, in Hai Duong Province, U.S. Ambassador Marc Knapper and the high-ranking diplomatic delegation of the U.S. Embassy visited An Phat Holdings at the headquarters of An Phat Bioplastics JSC – a subsidiary of An Phat Holdings (APH) and the leading corporation in Southeast Asia in the field of manufacturing and exporting high quality monolayer film.
Attending the meeting, on the side of the U.S. Embassy, there were Mr. Marc Knapper –U.S. Ambassador to Vietnam and the high-ranking delegation from the U.S. Embassy. On the side of An Phat Holdings, there were CEO Pham Do Huy Cuong and other senior managers.
At the meeting, CEO Pham Do Huy Cuong warmly welcomed the Ambassador and the delegation visiting APH on the occasion of Lunar New Year. He also gave a brief introduction about the scale of operation as well as the strength of APH in the manufacture of high-tech plastic products, biodegradable materials and products, supporting industries, and the real estate industry. CEO Pham Do Huy Cuong emphasized the investment projects of the Group in the United States.
Highlighting the Group’s sustainable development mission, CEO Pham Do Huy Cuong said that, since 2015, An Phat Holdings has poured investment into R&D to develop a wide range of compostable products under the brand name of AnEco. These products are fully biodegradable and eco-friendly. Currently, AnEco products have undergone rigorous testing on biodegradability to meet world leading’s certification, including BPI certificate (U.S.A.).
After more than 20 years of development, APH has built a broad ecosystem with a scale of more than 5,000 employees and 17 member companies spread across Vietnam and many countries around the world including the United States, Singapore, South Korea. Presently, An Phat Holdings is also a reliable partner of large domestic and foreign enterprises. An Phat Holdings long-term partners come from global countries, including the United States. “The United States is determined as our key market. The two-way trade turnover of APH and the U.S. market has increased steadily around 100 million USD in 2021 and 2022 despite the impacts of the Covid-19 pandemic” CEO Pham Do Huy Cuong stated.
At present, APH has trading companies in the U.S. to distribute traditional plastic resins as well as biodegradable resins and products. Remarkably, AnEco is among the top compostable sellers on Amazon e-commerce platform (U.S.A.). In addition, An Phat Holdings’ compostable materials were officially distributed throughout North America in 2022 also marks an important step in the Group’s 10-year business journey in the United States. CEO Pham Do Duy Cuong expected that APH’s business activities in the U.S. market will thrive in the upcoming period.
Speaking at the meeting, U.S. Ambassador Marc Knapper highly appreciated APH’s business achievements, especially in the U.S market during the past time.
“The turnover of An Phat Holdings and the U.S. reached more than 100 million dollars. This is very significant. We highly appreciate the investment you made in the U.S. and your faith in our market. The opportunities to expand your investment in the U.S. is always welcomed.” Mr. Knapper affirmed.
The U.S. Ambassador was also impressed with the AnEco compostable products. He also praised An Phat Holdings for becoming the trailblazer in Vietnam in developing and manufacturing “green” materials and products.
With the strategic AnEco products, An Phat Holdings will certainly make a great contribution to the “Net Zero Emission” goal by 2050, thereby contributing to reducing reliance on fossil fuels in Vietnam. Therefore, Mr. Knapper stated that the sustainable development strategies of An Phat Holdings is the right move, in line with the global sustainability trend.
“We are very pleased to support Vietnam to reach Net Zero goal by 2050. I strongly believe that the business field that An Phat Holdings is pursuing will be an area of great potential. It is clearly going to be a key player and help Vietnam to reach the set goal.” Mr. Knapper declared.
The U.S. Ambassador expected that APH’s business activities will flourish in 2023. He also affirmed that the U.S. Embassy in Vietnam is willing to support An Phat Holdings to strengthen business activities in the U.S. and North American markets.
At the end of the working session, the senior delegation of the U.S. Embassy took part in the site tour at An Phat Bioplastics, took family photos and planted memorial tree.
On January 27 and 28, in the spring’s joyful ambiance, the B.O.D of An Phat Holdings visited, encouraged and sent New Year’s wishes to all employees of the Group and subsidiaries. The meeting was attended by the new CEO Pham Do Huy Cuong, Standing Deputy CEO Nguyen Thi Tien and Deputy CEO Nguyen Le Thang Long.
This is an annual activity of the B.O.D at the beginning of the year, with the aim of expressing attention and understanding to all employees, thereby showing the spirit of solidarity between the Group’s leaders and personnel.
At the meeting, on behalf of the B.O.D, CEO Pham Do Huy Cuong acknowledged and praised the efforts to overcome difficulties and the achieved results of the units in 2022, thereby making positive contributions to the Group’s success.
Besides, the CEO also encouraged all employees to focus on accomplishing the plans and goals in 2023. Due to the difficulties in the global economic situation in the year ahead, he expected the employees will always uphold the spirit of solidarity.
Especially, CEO Pham Do Huy Cuong emphasized that the B.O.D will always create the most favorable conditions for the company members to perform their assigned tasks well. The new CEO called on all employees to always share difficulties and problems openly, coordinate closely and synchronously to achieve efficiency at work. CEO Pham Do Huy Cuong affirmed that making use of human resource strategy is the key to the Group’s development in the future.
An Phat Holdings Joint Stock Company (APH) has just given an official announcement on the change of senior position.
Specifically, the BOD of An Phat Holdings officially announced the decision to dismiss Mr. Dinh Xuan Cuong from the CEO of An Phat Holdings from January 27, 2023 based on the resignation letter of Mr. Dinh Xuan Cuong earlier. At the same time, the BOD of An Phat Holdings decided to appoint Mr. Pham Do Huy Cuong to assume the position of CEO from January 27, 2023.
Mr. Pham Do Huy Cuong has 17 years of working experience in the financial field at large domestic and foreign corporations. Before being appointed to the position of CEO of APH, Mr. Pham Do Huy Cuong was a member of the BOD, Standing Deputy CEO, CFO of An Phat Holdings since 2019.
Chairman Pham Anh Duong believed that, with extensive experience in finance and administration, the new CEO of APH will lead the Group to fulfill its strategic goals, thereby bringing the best benefits for customers and shareholders.
After taking on the new position, Mr. Pham Do Huy Cuong emphasized that he will do his best to bring An Phat Holdings to stronger development, “firmly affirm its position as a high-tech plastic corporation and environmentally friendly products in Southeast Asia”, while bringing APH’s “green” products to global customers.
Chairman of An Phat Holdings also expressed his profound gratitude to Mr. Dinh Xuan Cuong, who ended his 5-year term accompanying APH, for his significant contributions to the Group’s development journey.
After resigning as CEO, Mr. Dinh Xuan Cuong will take responsibility for running APH’s business in the US – one of the key markets of An Phat Holdings.
In 2022, despite the difficulties in domestic and global economic situation, An Phat Holdings still recorded quite positive results. In 2023, Industrial Real Estate and Bioplastics segments continue to be top priorities for the Group’s development.
With nearly 20 years of development, An Phat Holdings has made great achievements in expanding the export market of packaging and green products, becoming one of the leading enterprises in Vietnam in the field of plastic, supporting industry, and industrial real estate.
On January 13, An Phat Holdings successfully held the Year-End Ceremony 2022 at An Phat Bioplastics in Hai Duong Province, thereby implementing the plan for 2023. Attending the ceremony were Mr. Pham Anh Duong – Chairman of the Group, representatives of the B.O.D, senior managers of subsidiaries and employees of the Group.
2022 marks the 20th anniversary of the establishment of An Phat Holdings. This is an important milestone in the development journey of the Group. From a small-scale thin monolayer film manufacturer, An Phat Holdings has risen to become the leading corporation in the field of advanced technology and environment-friendly plastic production in Southeast Asia.
At the ceremony, on behalf of the B.O.D, Mr. Pham Do Huy Cuong – Standing Deputy CEO, CFO summarized the achievements and business activities in the past year, simultaneously setting out new plans and targets for production and business activities in 2023.
In 2022, despite the difficulties in domestic and global economic situation, the industry group including: Packaging; Engineering plastics and Building material plastics; Raw materials and Chemicals for plastic industry; Industrial Real Estate still recorded quite positive results. This is considered as the premise for these industries to accelerate development in 2023.
At the ceremony, the B.O.D also set out new plans and goals for production and business activities in 2023. Accordingly, Industrial Real Estate and Bioplastics segments continue to be top priorities for the Group’s development.
Speaking at the ceremony, Chairman Pham Anh Duong acknowledged and highly appreciated the achievements attaining in 2022. He affirmed that 2022 was a year full of changes and obstacles for businesses around the world. An Phat Holdings is unexceptional. However, with consistent efforts, most of the Group’s business segments have achieved or even exceeded the set plan. This proves that An Phat Holdings has strong resistance to the complicated and unpredictable impacts of the global economy. The Chairman affirmed that this achievement will be a solid steppingstone for An Phat Holdings to thrive in the future.
Entering the new year, Chairman Pham Anh Duong called on all employees of the Group to strive to accomplish the set goals for the next year. 2023 is determined to be another difficult year due to the global impacts. Hence, the Chairman reminded the whole Group to always be ready and flexibly respond to challenges as well as seize the opportunity.
Acknowledging and appreciating the efforts of subsidiaries in 2022, at the ceremony, representatives of the Group’s B.O.D awarded prizes to 4 company members that have successfully accomplished the 2022 plan, including An Phat Bioplastics JSC, Hanoi Plastics JSC, An Cuong Hi-tech Building Materials JSC and An Trung Industries Co., Ltd.
The year-end ceremony was also a meaningful occasion to honor An Phat People who dedicatedly contributed to the development of An Phat Holdings over the years. At the event, the B.O.D of An Phat Holdings awarded the An Phat Gold Badge to individuals who have the dedication to work for 10 years. Especially, individuals who have contributed innovative ideas to APH’s production and business activities are also honored in this ceremony.
2022 also marks the important milestones of An Phat Holdings in the journey of growing and contributing to the country’s socio-economic development. The Group’s subsidiaries namely An Phat Bioplastics Joint Stock Company and Hanoi Plastics JSC, An Tien Industries Joint Stock Company honorably received the Second-class Labor Medal and the Third-class Labor Medal awarded by the President of the Socialist Republic of Vietnam, along with prestigious awards such as Vietnam Gold Star Award, Vietnam’s Top 100 Brands, Top 500 largest enterprises in Vietnam 2022, Top 50 largest private enterprises in Vietnam in 2022, Export enterprises prestige, Vietnam National Brand 2022, etc.
Some outstanding activities at the ceremony:
Mr. Pham Anh Duong– Chairman of An Phat Holdings spoke at the ceremony
The B.O.D of APH awarded individuals who contributed innovative ideas to the development journey of An Phat Holdings.
The Ministry of Industry and Trade has announced the list of prestigious export enterprises in 2021, based on selection and proposals of relevant agencies. Accordingly, An Phat Holdings has 5 company members that have been voted as prestigious Export Enterprises, making positive contributions to the overall export growth of the country, including: An Phat Bioplastics JSC (HOSE: AAA), An Tien Industries JSC (HOSE: HII), An Thanh Bicsol JSC, An Vinh Packaging JSC, An Cuong Hi-tech Building Materials JSC. This is an impressive achievement when a Group with up to 5 subsidiaries was honored with the prestigious Exporting Enterprise.
The list of reputable exporters is selected based on the criteria prescribed by the Ministry of Industry and Trade on the minimum export turnover, business reputation for foreign customers, and the observance of obligations for the State in the field of customs, tax, environment …
This is the 4th time An Phat Bioplastics and An Tien Industries have been recognized by the Ministry of Industry and Trade as a reputable exporter and the 2nd time An Thanh Bicsol, An Vinh Packaging, An Cuong High-tech Building Material have been selected.
After 20 years of establishment and development, An Phat Holdings has built a synchronous and closed plastic industry ecosystem with 17 member companies throughout Vietnam, stretched from Hai Phong, Hai Duong, Yen Bai to Ho Chi Minh City many countries over the world such as the United States, Singapore, Korea …
The Group’s products have been exported to 70 countries worldwide, including Europe, the United States, the United Arab Emirates, Japan, Korea, Singapore…