5 companies members of An Phat Holdings won the title of Vietnam Prestigious Export Business

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…

Compostable products honored as Vietnam’s National Brand for the first time

On November 2, the Organizing Committee of the Vietnam National Brand Program announced that AnEco compostable bags were awarded as “Vietnam National Brand”. This is the first time in nearly 20 years that biodegradable products have appeared in the ranking of Vietnam Value – the only program of the Vietnamese Government to promote the image and national brand through supporting businesses to evolve their product brands, goods and services. This also marks the great success of An Phat Holdings in developing environmentally friendly product line.

On the evening of November 2, 2022 the announcement ceremony of the 8th Vietnam National Brand Program with the theme “Creating the Future” was taken place in Hanoi. Prime Minister Pham Minh Chinh attended and delivered a speech at the ceremony.

Vietnam Value 2022 marks the first time An Phat Holdings participated in the selection and won the Vietnam’s National Brand. According to the results announced by the Organizing Committee, AnEco compostable bags are recognized as national brand products including food wrap, shopping bags and trash bags.

Mr. Nguyen Le Thang Long, Deputy CEO (middle) of An Phat Holding Vietnam Value 2022’s cup

AnEco has researched and developed since 2013 with the aim of changing consumers’ habits of using traditional plastic products, offering practical solutions to replace single-use plastic ones. As the white pollution crisis has become a global problem, AnEco products contribute to reducing plastic waste.

AnEco is methodically oriented with an obvious strategy focus, in line with the core criteria of Vietnam value program which is “Quality – Innovation, Creativity – Pioneering Competence”.

Accordingly, AnEco products are manufactured based on a strict production process, from 100% compostable materials such as PBAT, PLA, PBS, etc., which are renewable and sustainable. Unlike conventional plastics, AnEco products are capable of completely decomposing into water, CO2 and humus, leaving no microplastics or environmental pollutants.

Especially, AnEco products achieved many prestigious international certificates of biodegradability such as: TCVN 13114, TUV OK Compost HOME, TUV OK Compost INDUSTRIAL, BPI Compostable and DIN Certco Compostable which ensure safety for consumers’ health and make no harm to environment.

AnEco compostable bags are recognized as national brand products including food wrap, shopping bags and trash bags.

Currently, AnEco’s compostable bags are being traded through e-commerce platforms such as: Shopee, Lazada, and are present at many restaurants, hotels and accompanied by prestigious brands of F&B business such as Vinamilk, Pizza 4P’s, etc.

AnEco products are also available in more than 20 countries over the world, “conquering” even the most “fastidious” markets such as the United States, Canada, Japan and many European countries. In particular, An Phat Holdings is currently focusing on promoting the trade of AnEco products in the US market through the Amazon e-commerce platform. AnEco’s sales on Amazon have grown tremendously, sales in the first 7 months of 2022 are 5 times higher than sales in the first year of 2021, expected to be 15-20 times more than 2021 by the end of 2022. Moreover, AnEco was also successfully protected the trademark in the United States, thereby paving the way and creating great opportunities for An Phat Holdings to implement business cooperation projects throughout North America.

AnEco’s sales on the Amazon e-commerce platform increased tremendously

The fact that AnEco becomes the first compostable product brand to appear in the ranking of Vietnam’s national brands is the clearest demonstration of the recognition and trust of the domestic market for the eco-friendly products, which are still new and needs a trailblazer like An Phat Holdings to pave the way.

With this recognition, An Phat Holdings will make new progress on the journey towards sustainable development, thereby contributing to the realization of the commitment to achieve net zero emissions by 2050 that the Vietnamese government has made at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26).

Vietnam Value is the unique and long-term trade promotion program of the Vietnamese government, which is carried out by the Ministry of Industry and Trade in coordination with other ministries and agencies. The program was launched in 2003 with the aim of honoring typical domestic product and business brands, promoting Viet Nam as a country with high-quality goods and services, simultaneously enhancing Vietnamese enterprises’ competitiveness domestically and internationally.

An Phat Holdings – Two decades and one journey to build a green future

To An Phat Holdings, 2022 marks an essential milestone in the development journey. This year, An Phat Holdings celebrates 20 years of establishment – 20 years of “aspirational footsteps” together towards glory, 20 years of building a solid foundation for realizing dreams of a green future.

Two decades and one journey to build a green future

From steady business growth

Founded in 2002, having spent two decades of building and developing with relentless efforts, An Phat Holdings has successfully grown from a small factory named Anh Hai Duy to a leading corporation in Southeast Asia in high-tech and environmentally-friendly plastic. We have gradually affirmed its position in the market and achieved outstanding business achievements.

Up to now, An Phat Holdings has become a multi-sector business with 17 subsidiaries operating in the various fields: compostable materials and finished products, packaging, engineering plastics and building materials plastics, precision engineering and molding, raw materials and chemicals for plastic industry, industrial real estate, trade and logistics.

Start from a small factory, An Phat Holdings has become a leading multi-sector group in Southeast Asia.

An Phat Holdings’ products have been present in 70 countries and territories such as the United States, Japan, Europe, Korea, Singapore, the United Arab Emirates, Taiwan, Philippines, etc.

Accompanying with domestic industry development and production in supporting industries, An Phat Holdings is one of the few Vietnamese enterprises that seriously invest in this field with more than 50 years of experience. Currently, our group is developing an extensive network of customers with large partners such as Honda, Toyota, Samsung, Piaggio, Brother, LG, Panasonic, etc. Our strategy is to develop high technology to be directly involved in the global supply chain.

As proof of the rapid innovation and creativity, An Phat Holdings and its subsidiaries have continuously recorded positive results such as Vietnam Gold Star Award 2021, Vietnam’s Top 100 typical brands in 2021, Top 500 largest enterprises in Vietnam in 2021, the Top 100 largest private companies in Vietnam in 2021, Top 10 mid-cap listed companies having the most outstanding annual report in 2021, Reliable Exporter, and Corporate Excellence Award 2020 (APEA 2020), etc.

To development of high-quality human resources

“People are an organization’s most valuable asset and the key to it’s success.” Caring for people is always the top priority of An Phat Holdings to build a robust and sustainable business. After 20 years, An Phat Holdings has risen to become a leading enterprise in Southeast Asia with more than 5,000 talents worldwide. It is also 5,000 pieces with their own colours standing next to each other to create a unified, united, solid, and brilliant collective.

An Phat people share the same beliefs and ambitions to create a strong team.

Under An Phat Holdings’ roof, the company culture is derived from the word “Human,” always taking human development as the core factor.

Employees here are allowed to work in an environment that helps them maximize their ability through diverse work experiences, challenges, and opportunities to learn from the company’s excellent leaders, forming a comprehensive “ecosystem” full of excitement.

Ready for a prosperous sustainable future

Doing business towards sustainable values ​​and protecting the benefit of human welfare, nature, and society not only in Vietnam but also for the world is the strategic direction of An Phat Holdings.

One small act has the power to make a big change. A compostable bag or wood sawdust straw produced today will also improve the ecosystem in the next 1,000 years. Keeping that belief, the PBAT compostable resins plant project and AnEco compostable product line were invested in research and development to create a superior solution to replace disposable plastic products.

AnEco – the green solution to the problem of “white pollution.”

An Phat Holdings is proud to be one of the few enterprises in the world and the first in Vietnam to pioneer in successfully researching, manufacturing and developing compostable materials and finished products that meet the most stringent global standards.

Another outstanding mark of An Phat Holdings is the field of industrial real estate with two projects, An Phat Complex and An Phat 1, both built in the direction of a green ecosystem complex, becoming eco-friendly industrial parks and belonging to the critical economic triangle in the North of Vietnam.

In the journey of growth over the past 20 years, An Phat Holdings has constantly been striving to create a green future to catch up with the world trend in building a sustainable business model according to ESG criteria and contributing to realizing Vietnam’s commitment to the United Nations Climate Change Conference COP26 towards bringing net emissions to zero.

The past two decades will be a springboard for An Phat Holdings, with its steadfast will and right goals, to continue to thrive with the community and society.

20 years of PIONEERING dedication.

20 years of DURABLE development.

20 years of STRONG human resources.

Happy 20th anniversary, An Phat Holdings!

An Tien Industries JSC to give VND 50 million support to Mu Cang Chai District (Yen Bai Province) before storm season

On August 5, 2022, at the headquarters of Ho Bon commune, Mu Cang Chai district, Yen Bai province, An Tien Industries JSC (a member of An Phat Holdings) and the Taxation Department of Yen Bai province handover VND 50 million to support people in Ho Bon commune to strengthen, repair the house before the storm season.

Attending the event were Mr. Ngo Van Thu – General Director of An Tien Industries, Mr. Nong Xuan Hung – Director of Taxation Department of Yen Bai province, Mr. Pham Viet Cuong – Secretary of Ho Bon commune and representatives of local authorities. Speaking at the reception, Mr. Pham Viet Cuong – Secretary of Ho Bon Commune acknowledged and expressed his gratitude to An Tien Industries and Yen Bai Taxation Department for their positive contributions to Ho Bon commune in particular and to Mu Cang Chai district in general. This meaningful support will help dozens of households in Ho Bon commune have a concrete and safe house against the flood season in 2022.

An Tien Industries JSC and the Taxation Department of Yen Bai province handover VND 50 million to support people in Ho Bon commune to strengthen, repair the house before the storm season
 As a typical enterprise of Yen Bai province, An Tien Industries has numerous times actively responded to community activities, such as: supporting flood victims in Mu Cang Chai district in August 2017, participating in the winter assistance program to highland people in 2018, donating 70 tons of cement to build the way for children to go to school in Lao Chai commune – Mu Cang Chai district in December 2019, etc.

An Phat Holdings’ Half-Year Review Ceremony: Actively responding to challenges in 2022

On July 22, 2022, An Phat Holdings successfully held the Half-year Review Ceremony for the first 6 months of 2022. The ceremony reviewed the outstanding milestones in production and business activities of the Group in the first half of 2022 and called on all employees to stay consistent with planned goals, proactively deal with difficulties and respond to challenges in the upcoming period.

The ceremony was attended by Mr. Pham Anh Duong – Chairman of the Group and representatives of the Board of Directors of APH and member companies and employees of the Group.

2022 marks the 20th anniversary of An Phat Holdings and also the beginning of key projects. To achieve that goal, the Group has accelerated production, business activities and achieved positive results.

In the first 6 months of 2022, An Phat Holdings has achieved remarkable results in terms of revenue and profit. Some fields such as industrial real estate, packaging, engineering plastics and building material plastics have made great strides. The prestige and brand of the Group have been gradually enhanced both domestically and internationally.

Especially, in February 2022, An Phat Holdings organized Ground Breaking Ceremony for the largest green material factory (PBAT Compostable Resin Plant) in Southeast Asia. The event marked a strong transformation of the Group in the revolution of greening production. This is the motivation for all employees of the Group to make more efforts and determination on the journey of green transformation, creating sustainable values.

At the end of March 2022, the export market of An Phat Holdings’ compostable materials received a positive signal when this product line was distributed throughout North America. In other fields such as supporting industry, thin monolayer film, plastic material and trade, industrial real estate, etc also achieved remarkable results.

Chairman Pham Anh Duong emphasized key tasks in the last 6 months of 2022 and asked all employees to make efforts to fulfill the target

Speaking at the ceremony, Chairman Pham Anh Duong acknowledged and highly appreciated the Group’s efforts in boosting production and business activities after the pandemic. In addition, Mr. Duong also pointed out issues and difficulties that need to be overcome in the last 6 months of the year.

In the context of economic inflation and political instability in the world along with the current economic situation in Vietnam, Mr. Duong determined that the last 6 months of 2022 will be a period with challenges and opportunities for APH. Therefore, he asked the Board of Directors and all employees to develop a plan that closely adheres to reality, ensuring the completion of targets and tasks in the coming period.

Regarding the direction of the last 6 months of 2022, Mr. Duong emphasized key tasks: flexibly responding to the market, promoting the construction of PBAT Compostable Resin Plant, successfully implementing digital transformation, speeding up the progress of industrial real estate projects, vigorously implementing and replicating An Phat culture, at the same time, perfecting the enterprise management system.

Mr. Dinh Xuan Cuong – Vice Chairman, CEO of An Phat Holdings speaking at the ceremony

Also at the ceremony, Mr. Dinh Xuan Cuong – Vice Chairman, CEO of An Phat Holdings at the same time remind employees to drastically implement 4 important targets regarding PBAT Compostable Resin Plant, industrial parks, human resource management, and digital transformation besides production and business plans while staying consistent with financial targets and key projects.

At the ceremony, Hanoi Plastics JSC, An Phat Bioplastics JSC, An Tien Industries JSC and An Thanh Bicsol JSC were honored to receive certificates of merit for excellent units with outstanding achievements in production and business activities.

The Board of Directors of APH awarded member companies with excellent achievements in production and business activities in the first 6 months of 2022

Especially, individuals who have contributed innovative ideas to APH’s production and business activities are also honored in this ceremony.

The Board of Directors of APH awarded individuals who contributed innovative ideas to the development journey of An Phat Holdings
Mr. Bui Thanh Nam – General Director of Hanoi Plastics Joint Stock Company (HPC) (ranked 4th from the left) represented HPC to receive the Best Company award.

At the end of the ceremony, the Group’s leaders expressed their confidence in all employees, and at the same time called for the spirit of solidarity, enhanced coordination and unity in actions to create total strength, successfully completing the 2022 plan and the sustainable development strategy in the coming period.

An Tien Industries’ Annual General Shareholders’ Meeting 2022: Approves target revenue of VND 9000 billion

On May 25th, An Tien Industries (Ticker Symbol: HII) successfully held the Annual General Shareholders’ Meeting 2022. Accordingly, the Annual General Meeting of Shareholders approved target revenue of VND 9,000 billion and dividend rate of 10% face value, among other critical issues.

Regarding business performance in 2021, the complicated development of the COVID-19 pandemic affected business operation of many enterprises, including An Tien Industries. In the context of the pandemic, the Board of Directors (BOD) adjusted business policies to adapt to the current situation.

As a result, An Tien Industries’ revenue reached VND 8,265 billion, increasing by 102,42% compared to 2020, completing 118,07% of the plan, of which, the commercial segment contributed VND 7,024 billion (up 110% over the same period), the production segment contributed 681 billion VND (up 12% over the same period).

 

On May 25th, An Tien Industries successfully held the Annual General Shareholders’ Meeting

Due to the impact of long-lasting outbreak on manufacturing, the production output of CACO3 and filler decreased by 13% over the same period, reaching 90 thousand tons. However, revenue increased thanks to a sharp growth in world plastic material prices in 2021. The profit margin was improved considerably from 3.7% in 2020 to 4.3% for the commercial segment and from 22.8% to 28% in 2021 for the export segment.

In 2021, HII managed to save manufacturing costs. Specifically, the commercial segment applied a new policy of importing goods when there were orders, reducing inventory, along with boosting exports, leading to a sharp increase in profit margin. Consolidated profit after tax earned VND 104 billion, an increase of 96.23% compared to 2020, completing 115.56% of the set plan.

In terms of production and business plans in 2022, An Tien Industries will mainly focus on improving the quality of current products. The firm will promote the development of bioplastic compounds (AnCal Bio). This is the premium raw material used for biodegradable products, with growing demand and good profit margins. To enhance competitiveness, An Tien Industries will focus on researching white colour masterbatch and developing AnCal used for optical-fiber cables.

An Tien Industries will focus on improving the quality and formulation of high-end Ancal raw materials to increase profit margins; expand the market for high-end products and develop export markets that generate high-profit margins.

The Annual General Shareholders’ Meeting 2022 approved target revenue of VND 9,000

Besides, HII also aims to ‘Go Green’ through the proposal to increase environmentally friendly products such as AnCal Bio and AnCal PP while optimizing the entire production system: cost of electricity, water, management of 5S system, waste treatment process… In terms of scale, in 2022, HII sets a consumption target of 130,000 tons of CaCO3 powder per month. To optimize the production efficiency of plastic additives and stone powder, An Tien Industries will consider purchasing two more Ancal machines if the output is maximized and the profit margin is maintained.

Moreover, HII sets a goal of improving production and business efficiency by taking two main measures: cost-saving and financial solutions. In particular, HII will optimize manufacturing plant personnel, and continue to search for materials with competitive prices, suitable for each product segmentation. Financial solutions mainly focus on effective cash management, debt control, raw materials inventory and finished goods inventory control.

Specifically, An Tien Industries will actively extend collaboration with domestic and international financial partners this year. HII continues to promote extensive cooperation with large enterprises in the industry that own mines and modern factory systems; enhance the quality assurance of input materials; improve the risk management system; ensure financial safety; well implement internal control through compliance monitoring activities for departments and factories to guarantee effective operations.

In addition, BOD approved the amendment and supplement of the company’s charter, internal regulations on corporate governance, and additional business lines. The meeting also ratified the dismissal request as BOD member of Mrs. Dang Thi Quynh Phuong and appointed Mr. Ngo Van Thu as a new member of BOD.

An Phat Holdings officially organized Ground Breaking Ceremony for the largest PBAT green materials factory in Southeast Asia

Today, An Phat Holdings officially organized Ground Breaking Ceremony for PBAT Compostable Resin Plant. The Ceremony was attended by Mr. Vuong Dinh Hue – Chairman of National Assembly, Head of the delegation; Mr. Bui Van Cuong – Chairman of National Assembly’s Office; Mr. Vu Hong Thanh – Chairman of National Assembly Committee on Economy;  Mr. Nguyen Phu Cuong – Chairman of National Assembly Committee on Finance and Budget; Mr. Le Quang Huy – Chairman of National Assembly Committee on Science, Technology and Environment; Mr. Vu Hai Ha – Chairman of National Assembly Committee on Foreign Affairs; Mr. Nguyen Chi Dung – Minister of Ministry of Planning and Investment;  Mr. Tran Hong Ha – Minister of Ministry of Natural Resources and Environment; Mr. Nguyen Hong Dien – Minister of Ministry of Industry and Trade; Mr. Huynh Thanh Dat – Minister of Ministry of Science and Technology; Mr. Vo Thanh Hung – Deputy Minister of Ministry of Finance; Mr. Truong Hai Long – Deputy Minister of Ministry of Home Affairs; With assistants and secretaries of the Chairman of the National Assembly; the leaders of the Offices of the National Assembly.

On the local side, there were the attendance of Mr. Tran Luu Quang – Secretary of the City Party Committee, Head of the Hai Phong City National Assembly Delegation; Mr. Pham Xuan Thang – Secretary of the Provincial Party Committee, Chairman of the People’s Council of Hai Duong province; Mr. Ngo Hanh Phuc – Vice Chairman of Yen Bai Provincial People’s Committee; and Vice Chairman of People’s Council, City People’s Committee and relevant departments, branches in Hai Phong city with the participation of more than 100 partners, customers of An Phat Holdings as well as central and local press agencies.

Ủy viên Bộ Chính trị, Chủ tịch Quốc hội Vương Đình Huệ, Lãnh đạo các Bộ, thành phố Hải Phòng, tỉnh Hải Dương, Yên Bái và Lãnh đạo Tập đoàn An Phát Holdings bấm nút động thổ dự án
Mr. Vuong Dinh Hue – – Chairman of National Assembly, Head of the delegation with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button.

PBAT Compostable Resin Plant is the first PBAT green material factory in Southeast Asia, at the list of high-tech investment priority projects, located in Nam Dinh Vu Industrial Park (Hai Phong) with a capacity of 30,000 tons per annum, will be completed after 24 months. The total investment is 120 million USD, the factory will respond 100% An Phat Holdings material need, beyond to the goal of international export when operating. With the modern investment in technology and machinery, PBAT’s operating efficiency is highly optimized with an average operating time of 8,400 hours, equivalent to 350 days/year. The factory also achieves high automation, which is expected to create jobs for about 200 high-quality workers.

At the ceremony, Mr. Pham Anh Duong – Chairman of An Phat Holdings said, the project is the best and most reasonable solution to An Phat Holdings’ material source: being independence in terms of raw materials supply, reducing price to get closer to consumers and moving towards to replacing traditional plastic products.

“An Phat Holdings will represent Vietnam in putting its name on the global map of green materials and become a pioneer in implementing Vietnam’s commitment to achieve Net Zero emissions by 2050”, Mr. Duong said.

Ông Phạm Ánh Dương – Chủ tịch HĐQT Tập đoàn An Phát Holdings phát biểu tại Lễ động thổ
Mr. Pham Anh Duong – Chairman of An Phat Holdings spoke at the ceremony

Currently, An Phat Holdings has received the transfer design of factory process and technology from Technip Zimmer – the world’s leading supplier of technology design and solutions for large-scale industrial plants and complicated. Therefore, PBAT Compostable Resin Plant has outstanding quality, self – contained standards and the most modern production line.

Through this project, An Phat Holdings Group will complete the green circular ecosystem, become the first Vietnamese enterprise to produce bio-degradable plastic materials/products, officially participate in the world green material network. The price of green products will decrease by 20%~30% when the PBAT factory operate.

At the ceremony, Mr. Le Anh Quan – Member of Standing Committee, Permanent Vice Chairman of Hai Phong city People’s Committee shared the success in socio-economic development in Hai Phong city. At the same times, Mr. Quan also highly appreciated the role of PBAT plant in the process of contributing to the economic development of the city, especially to promoting the production of zero emissions, no greenhouse effect.

Ông Lê Anh Quân - Uỷ viên Ban Thường vụ Thành uỷ, Phó Chủ tịch thường trực UBND Thành phố Hải Phòng đánh giá cao vị trí của Nhà máy sản xuất chất dẻo phân hủy sinh học PBAT, đặc biệt là trong quá trình thúc đẩy nền sản xuất không phát thải, không hiệu ứng nhà kính
Mr. Le Anh Quan – Permanent Vice Chairman of Hai Phong city People’s Committee highly appreciated the role of PBAT plant in the process of contributing to the economic development of the city, especially to promoting the production of zero emissions, no greenhouse effect

Also at the ceremony, Member of Political Bureau, Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button, officially open the construction phase of the factory. This moment is also the foundation for An Phat Holdings to expand more projects to global green products and materials.

Some other activities:

The song “Bến cảng quê hương tôi” performed by singer Le Man
The song “Bến cảng quê hương tôi” performed by singer Le Man
Dance troupe performed at the ceremony
Dance troupe performed at the ceremony
Member of Political Bureau, Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button
Mr. Vuong Dinh Hue – Chairman of National Assembly, Head of the delegation with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button.

It is expected that An Phat Holdings will connect with American corporates to invest to Hai Duong province in 2022

Today, Hai Duong province’s leaders and An Phat Holdings’ Board of Directors have recently had a meeting to encourage the production and activities of the company at An Phat Bioplastics JSC. ( An Phat Bioplastics). The meeting was attended by Mr. Pham Xuan Thang – Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council, Mr. Le Van Hieu – Standing Deputy Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation, Mr. Trieu The Hung – Deputy Secretary of the Provincial Party Committee – Chairman of the Provincial People’s Committee and leaders of Hai Duong Province’s departments and agencies. Welcoming the delegation, on An Phat Holdings’ side, there were Mr. Pham Anh Duong – Chairman of the Board of Directors of the Company and the entire senior management board.

At the meeting, Mr. Thang expressed the desire that An Phat Holdings will focus all resources on developing environmentally friendly plastic products. “I was very impressed with the Company’s development strategy toward environmentally friendly products at the meeting of the leaders of the Ministry of Foreign Affairs and Hai Duong province’s Leaders with the Company’s BODs at the end of 2021. I hope that An Phat Holdings will always be consistent with this green development goal, especially since Vietnam has signed the COP 26 Agreement. This is an opportunity to accelerate progress and move towards a stronger development goal.” emphasized Mr. Thang.

Ông Phạm Xuân Thăng rất kỳ vọng, An Phát Holdings sẽ trở thành cầu nối kết nối doanh nghiệp Hoa Kỳ đầu tư vào tỉnh Hải Dương
Mr. Pham Xuan Thang hopes that An Phat Holdings will become a bridge connecting American corporates to invest in Hai Duong province.

Besides, Mr. Thang also said that, in 2022, Hai Duong Province determine to grow its economy and has planned to attract FDI in the 5 years. Hai Duong Province has also connected to the Ministry of Foreign Affairs to organize a trade promotion conference to attract FDI, especially from USA. “An Phat Holdings has the experience of working and connection with USA enterprises. I hope that An Phat Holdings will be the connection rope in the future”.

With the goal of increasing investment, Hai Duong Province will focus its resources on 3 aspects: industrial real estate, human resource and ecological system – services. With the strength in production and industrial real estate, An Phat Holdings is expected to create big bang, contribute to the overall development of Hai Duong province.

Ông Phạm Ánh Dương – Chủ tich HĐQT Tập đoàn An Phát Holdings cho biết, sẽ nỗ lực thực hiện mong muốn của Lãnh đạo tỉnh Hải Dương – trở thành cầu nối doanh nghiệp Hoa Kỳ đầu tư vào tỉnh Hải Dương
Chairman of An Phat Holdings – Mr. Pham Anh Duong said, An Phat Holdings will try hard to to fulfill the wishes of the leaders of Hai Duong province and complete the growth plan in 2022.

Also at the meeting, the delegation of Hai Duong Province directly explored the production line and encouraged the working spirit of the employees of An Phat Xanh Plastic Joint Stock Company (An Phat Bioplastics).

Mr. Pham Anh Duong – Chairman of An Phat Holdings’ Board of Directors shared that the Company will try harder to fulfill the desires of Hai Duong province’s Leaders – becoming a bridge connecting American corporates to invest in Hai Duong province.

Other activities at the meeting:

Lãnh đạo tỉnh Hải Dương trao quà lưu niệm cho Lãnh đạo Tập đoàn An Phát Holdings nhân dịp năm mới
On the occasion of the Lunar New Year, Leaders of Hai Duong province gave souvenirs to An Phat Holdings’ BODs.
Lãnh đạo tỉnh Hải Dương và Lãnh đạo Tập đoàn An Phát Holdings chụp ảnh lưu niệm
Leaders of Hai Duong province and Leaders of An Phat Holdings took pictures.

Lãnh đạo tỉnh Hải Dương động viên tinh thần làm việc của CBNV Tập đoàn
Leaders of Hai Duong province encourage the working spirits of An Phat Holdings’ employees.

An Tien Industries Unusual General Shareholders’ Meeting: Adjustment to improve business plan and increase dividend in 2021

In the morning November 10th, at the headquarters of An Tien Industries Join Stock Company (HOSE: HII) in Yen Bai city, Yen Bai province, the company held an Unusual General Meeting of Shareholders in terms of adjustment to improve business plan and increase dividend in 2021.

At the Unusual General Shareholders’ Meeting in 2021, HII approved many important contents.
At the Unusual General Shareholders’ Meeting in 2021, HII approved many important contents.

Accordingly, the Board of Directors, Supervisors Board and Managers Board of the company approved the plan to lock foreign room and increase the charter capital to expand business activities

Approving the adjustment of business and dividend plan in 2021

At the Unusual General Shareholders’ Meeting, the Board of Directors accepted to increase the targets in business plan 2021. HII grew the total consolidated revenues from VND 4,000 billion (~ $176 million) to VND 7,000 billion (~ $300 million); rise the target of consolidated revenue after tax (NPAT) from VND 70 billion (~ $3 million) to VND 90 billion (~ $4 million).

Regarding to positive business result and strong growth prospect in the fourth quarter of 2021, HII also adjusted this year’s dividend payment plan to the rate of 20% to ensure the benefits and attachment of shareholders. Previously, the company expected to pay dividends at the rate of 10-15%.

For 9 months, HII recorded the consolidated revenues of VND 5,508 billion (~ $240 million), NPAT of VND 79 billion (~ $3,4 million), respectively, grow of 88% and 89% over the same period in 2020; exceeded 30% of revenue target and 13% of NPAT target approved in the Annual General Shareholders’ Meeting.

HII is leading the production of additives for the plastic industry and has the second largest scale of plastic resins trading activities in Vietnam (plastic consumption output is about 250,000 tons/year). HII currently owns an additive manufacturing and a CaCO3 ultra-fine stone powder factory with a designed capacity of about 150,000 tons/year and 222,000 tons/year, respectively. At present, HII’s main export markets for plastics resins are to the EU, UAE, Russia, and India.

Deal the rate of foreign ownership at 25%, increase the charter capital

In this Meeting, HII also approved the plan to lock foreign room at 25%. There have been foreign investors negotiating to contribute capital to expand HII’s compound and colour grain production. Additionally, they also brought HII into Japanese market via a few off-take contracts.

This cooperation will help scale up the production of additives by 2 times, at the same time, give HII an opportunity to participate in this serious market. The offering price for foreign strategic investors is guaranteed not to be lower than 165% of HII shares’ value at the time of issuance, nor lower than the market price at the time of issuance.

Mr. Dinh Xuan Cuong – President of the Board of Directors at An Tien Industries spoke at the meeting.
Mr. Dinh Xuan Cuong – President of the Board of Directors at An Tien Industries spoke at the meeting.

Following to Board of Managers, when it is forecast that the plastic resin price will remain at a high level and the CaCO3 stone powder market has strong growth prospects in the coming period, HII will seek and select foreign investors in line with the company’s long-term development strategy.

HII is currently considered to have a small capital size compared to production and business needs, while this enterprise owns the number of potential business segments such as trade and logistics with the total expected consolidated revenue of VND 7,000 billion (~ $300 million) in 2021; and this number is expected to reach VND 10,000 billion (~ $440 million) in 2022. Therefore, raising capital is necessary and appropriate, helping to increase financial capacity and reduce interest pressure at this time.

Accordingly, HII plants to issue more than 36 million shares. After this issuance, HII’s charter capital will double to around more than VND 736 billion (~ $32 million), the amount of mobilize money is expected to reach more than VND 368 billion (~ $16 million). This amount will be used about 40% to restructure short-term and long-term loans and the remaining 60% to supplement working capital for production, business and management costs of the company. Expected time for shares’ issuance will take place in 2022.

HII will issue shares in the form of the public offering of shares for existing shareholders by the method of exercising the right, the ratio 1:1 with the issue price of 10,000 VND/share (~ $0,44/share). All shares are offered for sale to existing shareholders in proportion to the exercise of the right of free transfer. If the existing shareholders do not exercise the right to buy, the shares will be offered to other investors at a price not lower than the selling price for existing shareholders and the transfer will be restricted within 01 year from the date of the offering.

An Tien Industries’ 12th Birthday Anniversary: Soaring To New Heights (October 1, 2009 – October 1, 2021)

2021 is the year of many challenges for not only Vietnam but also many countries around the world when the Covid-19 pandemic continues to cause profound impacts to many economies. However, 2021 is also the year of exponential growth for An Tien Industries JSC (Ticker Symbol: HII). In the first 6 months of 2021, HII reported triple profit over the same period last year, completing 91% of 2021’s profit plan. It can be said that the change of business strategy, seizing opportunities, and production restructuring have helped HII continue its strong growth momentum.

On the occasion of the 12th birthday, let’s look back on the growth and development journey of An Tien Industries over the past decade.

12 years ago, on October 1, 2009, An Tien Industries JSC (formerly known as An Phat- Yen Bai Plastic & Mineral JSC), a member of An Phat Holdings, was established in the southern industrial park, Van Phu commune, Yen Bai City, Yen Bai Province.

Back in the early days of establishment, the road to the industrial park was still rough, An Tiến Industries also faced many difficulties to build up infrastructure. However, overcoming challenges, HII has effectively put into operation 2 large manufacturing plants. These are CaCO3 stone powder factory built on an area of nearly 19,000 m2 and ANCAL additives factory with an area of more than 8,400 m2. Both factories are operating at maximum capacity and bringing high-quality products to more than 50 countries around the world such as Russia, Saudi Arabia, India, Indonesia, Brazil.

With the right development strategy and constant efforts of all employees, HII has recorded outstanding achievements such as Top 1 Fastest Growing Enterprise in Vietnam (FAST 500) in 2020, 2021; being in the list of Reliable Exporters for 3 consecutive years selected by the Ministry of Industry and Trade (2018-2020); Vietnam Gold Star Award, Government Emulation Flag for enterprises with excellent achievements in production and business activities… At present, HII has affirmed its solid position as the leading plastic additives manufacturer in Vietnam.

HII is selected as Reliable Exporters by the Ministry of Industry and Trade for 3 consecutive years (2018-2020)
HII is selected as Reliable Exporters by the Ministry of Industry and Trade for 3 consecutive years (2018-2020)
Bên cạnh tập trung tối ưu hóa hoạt động sản xuất kinh doanh, nâng cao năng suất lao động An Tiến Industries còn tích cực tham gia các hoạt động từ thiện và hỗ trợ cộng đồng, người lao động
Besides optimizing production and business activities, An Tien Industries also focus on CSR activity to supports the community and employees.

In the new development phase, HII will continue to promote its competitive advantages, two factories will be run at maximum capacity, restructuring production and expanding market, and seize opportunities from free trade agreements and the shift of global supply chains to Vietnam. In addition, HII will invest in product research and development activity, especially in environmentally friendly bio-compound products with high technical requirements, capturing the trend of green consumption in the world and improving the value chain.

With 12 years of experience, the right direction of the Board of Directors, the unanimous enthusiasm and determination of all employees, An Tien Industries will definitely “Soaring to new heights”, becoming a strong enterprise in the field of plastic additives in Vietnam and overseas.

On the occasion of the 12th Anniversary of establishment, the Board of Directors of An Tien Industries would like to express our appreciation to our valued customers and partners who have always trusted and accompanied An Tien Industries for the past 12 years as well as to all employees who have contributed to An Tien Industries’ continuous success.