An Phat Holdings shares become stock has largest market cap in Vietnamese securities market

Ho Chi Minh City, July 28th, 2020 – Ho Chi Minh Stock Exchange (HoSE) announced and presented its decision on An Phat Holding’s official listing, and welcomed the first trading day of An Phat Holdings’ shares (Ticker Symbol: APH). Attending and witnessing the gong ceremony of the first session were the leadership of An Phat Holdings, Mr. Pham Hoang Viet – Vice Chairman, Mr. Nguyen Le Trung – Vice Chairman, Mr. Dinh Xuan Cuong – Vice Chairman, Chief Executive Officer of APH and representatives of Ho Chi Minh City Stock Exchange.

132,6 TRIỆU CỔ PHIẾU APH CỦA TẬP ĐOÀN AN PHÁT HOLDINGS CHÍNH THỨC NIÊM YẾT VÀ GIAO DỊCH TRÊN SÀN HOSE

At the ceremony, representatives of Ho Chi Minh Stock Exchange awarded the decision to list and congratulate on the first trading session of APH stock.

With the opening price of VND 41,500 per share, price range +/- 20% on the first trading date, APH shares hit the ceiling price of VND 49,800 per share after ATO. Trading volume reached nearly 225,000 shares today. After the first trading session, APH’s market cap reached VND 6,600 billion, equivalent to nearly USD 281 million, becoming stock of the plastic industry that has the largest cap in Vietnamese securities market.

The certain price has been reflected in the previous IPO, which successfully auctioned 4.3 million APH shares with the average bidding price of VND 50,018 per share on June 22, 2020. According to the representative of An Phat Holdings, investors placed their confidence in the potential of APH’s green products with market expansion both at home and abroad. As a result, investors paid a much higher price than the starting price at the IPO as well as after officially listing shares on HoSE.

Speaking at the ceremony, Mr. Dinh Xuan Cuong – Vice Chairman, Chief Executive Officer said: “This is an important milestone, marking the new journey of An Phat Holdings in becoming a listed company, a member of Ho Chi Minh City Stock Exchange. In 2020, An Phat Holdings aims to focus on compostable products. Therefore, having raw materials self-supply for production, the most important determinant of product cost, is a top priority. And we solved this problem by IPO to mobilise capital for the construction of the first compostable material manufacturing plant in Vietnam.”

132,6 TRIỆU CỔ PHIẾU APH CỦA TẬP ĐOÀN AN PHÁT HOLDINGS CHÍNH THỨC NIÊM YẾT VÀ GIAO DỊCH TRÊN SÀN HOSE

By listing on HoSE, APH is expected to seize cooperation opportunities to lure investors, bringing potential opportunities for domestic and foreign investors as well as raising capital to build the first compostable material manufacturing plant in Vietnam called AnBio. The project will put APH in the list of one of a few companies that produce compostable materials in the world besides BASF, Novamont, NatureWorks, Total Corbion etc and completely change APH’s position to be a manufacturer and supplier of green materials. At present, APH is the only Vietnamese enterprise that holds the patent for manufacturing compostable materials.

132,6 TRIỆU CỔ PHIẾU APH CỦA TẬP ĐOÀN AN PHÁT HOLDINGS CHÍNH THỨC NIÊM YẾT VÀ GIAO DỊCH TRÊN SÀN HOSE

The raw materials self-supply will help APH reduces product costs, expands the market and saves production costs about 30% for subsidiaries while the parent company still enjoys a gross profit margin of 25-30% of this project. APH targets that compostable products will contribute 40 – 50% to packaging revenue by 202. The construction of the plant is expected to start at the beginning of 2021 at Hai Phong, with an 18-month construction period, completed by 2022, with a capacity of 20.000 tons per year.

132,6 TRIỆU CỔ PHIẾU APH CỦA TẬP ĐOÀN AN PHÁT HOLDINGS CHÍNH THỨC NIÊM YẾT VÀ GIAO DỊCH TRÊN SÀN HOSE

In the year of 2017, An Phat Holdings was established, marking its transition to holding model from the former company Anh Hai Duy founded in 2002.

Over the past two decades, from the number one thin monolayer film in Southeast Asia with 15 member companies throughout Vietnam and branches in the United States, Singapore, South Korea and France etc. Currently, APH main business line operating in: Compostable materials and finished products; Packaging; Engineering plastics and SPC flooring; Raw material and chemicals for plastics industry; Precision engineering & molding; Industrial real estate.

132,6 TRIỆU CỔ PHIẾU APH CỦA TẬP ĐOÀN AN PHÁT HOLDINGS CHÍNH THỨC NIÊM YẾT VÀ GIAO DỊCH TRÊN SÀN HOSE

Also, APH directly owns two listed companies: Hanoi Plastics Joint Stock Company (Ticker symbol: NHH) and An Phat Bioplastics Joint Stock Company (Ticker symbol: AAA), and indirectly own shares of 10 other companies through the two companies listed above.

132,6 TRIỆU CỔ PHIẾU APH CỦA TẬP ĐOÀN AN PHÁT HOLDINGS CHÍNH THỨC NIÊM YẾT VÀ GIAO DỊCH TRÊN SÀN HOSE

In 2019, APH’s consolidated revenue and profit after tax is VND 9,513 billion and VND 712 billion respectively, increased 19% and 305% over the same period in 2018. Gross profit reached VND 1,082 billion, soared 60%; gross profit margin improved from 8 to 11% compared to the previous year. Total assets reached nearly VND 10,000 billion. As of July 2020, APH’s earnings per share (EPS) reached VND 3,076.

132,6 TRIỆU CỔ PHIẾU APH CỦA TẬP ĐOÀN AN PHÁT HOLDINGS CHÍNH THỨC NIÊM YẾT VÀ GIAO DỊCH TRÊN SÀN HOSE

In 2020, APH set a target for revenue and net profit up to VND 12,000 billion and VND 650 billion respectively. In the long term, APH’s growth driving force will come from compostable products thanks to its compostable material manufacturing plant.

Roadshow APH: Leading Plastics Group – Pioneering The Green Trend

Today, An Phat Holdings (Ticker Symbol: APH) organized “Roadshow APH: Leading Plastics Group – Pioneering The Green Trend.” Attending the seminar, on behalf of An Phat Holdings, there were Mr. Nguyen Le Trung – Vice Chairman of the Board of Directors; Mr. Dinh Xuan Cuong – Vice Chairman, Chief Executive Officer; Mr. Pham Do Huy Cuong – Member of the Board of Directors, Standing Deputy General Director, Chief Financial Officer; Ms. Nguyen Thi Tien – Member of the Board of Deputy General Director; on behalf of the Ho Chi Minh Stock Exchange, there were Ms. Tran Thi Thuy Linh – Deputy Director of HoSE’s Listing Management and Appraisal Department together with more than 200 investors, domestic and foreign enterprises.

At the Roadshow, An Phat Holdings’ Board of Directors met and discussed with investors to introduce the potential of APH stock as well as sharing information about the business situation, activities and upcoming development plans before officially listing on the Ho Chi Minh Stock Exchange on July 28.

Currently, An Phat Holdings owns three listed companies, namely Hanoi Plastics Joint Stock Company (Ticker symbol: NHH) and An Phat Bioplastics Joint Stock Company (Ticker symbol: AAA) and many other member companies. , An Phat Holdings (APH) has over the past twenty years created a closed business ecosystem that allows the maximum exploitation of available products and services with 15 member companies.

Speaking at Roadshow APH, Mr. Dinh Xuan Cuong – Vice Chairman and Chief Executive Officer of An Phat Holdings said: “In order for APH shares to have high liquidity and transparency, we are now officially listing stocks of An Phat Holdings (Ticker Symbol: APH) on the HoSE – the largest and prestigious stock exchange. Hopefully, listing on HoSE will help us open up the opportunities to mobilise capital and finding great cooperation partners in the coming time.”

Listing stock on HoSE is the first step of An Phat Holdings to mobilise capital for the first compostable material manufacturing plant in Vietnam that will provide sufficient material for both domestic and international market. In addition, thank to the compostable material manufacturing plant, APH will have self-supply in raw materials, save production costs about 30% for subsidiaries while the parent company still enjoys a gross profit margin of 25-30% of this project.

The construction of the plant is expected to start at the beginning of 2021 at Hai Phong, with an 18-month construction period, completed by 2022, with a capacity of 20.000 tons per year. When the plant comes into operation, the profit from compostable products is expected to rise from 10% currently to about 40 – 50% in APH’s packaging revenue.

After Q&A session, investors were answered questions regarding the growth strategy, profit margins of each segment, especially the plan to construct compostable material manufacturing plant. In the context that the demand for bioplastics continues to increase in many industries, the construction of AnBio compostable material plant is determined to be a strategic move, creating a breakthrough development for APH.

In 2019, APH’s consolidated revenue and profit after tax increased impressively at VND 9,513 billion and VND 712 billion, equivalent to 19% and 305% compared to the same period in 2018. The successful IPO auctioned 4,3 million shares, equivalent to 3% of the stake, helped APH raised VND 215.08 billion. After the IPO, the company was valued at over VND 6,600 billion.

In 2020, APH plans to issue 20 million new shares, equivalent to 14% of the outstanding shares. APH also targets revenue and net profit of VND 12 trillion and VND 650 billion. In the long term, APH’s driving force will come from compostable products by investing in the construction of the plant. The total capital needed for AnBio compostable material manufacturing plant is over USD70 million. The company seeks to raise about 80% of the needed capital in 2020 while the remaining 20% will be raised next year mainly from commercial loans or straight bonds.

With the expansion of production scale, positive cash flow forecast, transparent information and good credit history, APH looks forward to cooperating with strategic investors in the coming time.

***Contact:

PR DEPARTMENT – AN PHAT HOLDINGS

PR Executive: Le Minh Duc

Email: duclm@anphatholdings.com 

Mobile: 096 8325 393 

Thanks and Best regards. 

Calcium Carbonate (CaCO3) Market Forecast To Thrive In APAC Region

According to an exclusive report of Marketandmarkets which is reposted on Bloomberg, Calcium carbonate (CaCO3) market is forecast to growth rapidly, especially in Asia Pacific region.

Despite the global impact caused by Covid 19 pandemic and many economies continues to grapple with the devastating consequences. The global calcium carbonate market size is projected to reach USD 28,301.8 million by 2024, at a CAGR of 6.0% between 2019 and 2024. According to the report, the attractive opportunity in the calcium carbonate market come from:

Plastic to be the fastest-growing end-use industry of calcium carbonate during the forecast period.

CaCO3 is an indispensable material in the plastic industry. In terms of value, plastic is projected to be the fastest-growing end-use industry of calcium carbonate during the forecast period. This is due to the strong demand of the car industry. Accordingly, the polypropylene reinforced with CaCO3 will help enhance the properties of the plastic, while improving heat dissipation.

The demand for plastic in other industries such as packaging, construction and electronics industries has also increased significantly. These factors promote the explosive growth of global CaCo3 market.

Increasing demand from paper and plastic industries in APAC

Calcium carbonate is a critical raw material for paper and plastics. The economic growth witnessed in the developing countries of APAC has led to an increase in the use of paper packaging. China, India, and South Asian countries are the largest consumers of paper in the region.

Furthermore, the plastic industry in APAC is also growing at a fast rate. The region is witnessing a high demand for plastics for various applications in packaging, automotive, construction, electrical & electronics, and other industries. The increasing use of plastics in these industries for multiple purposes, such as decreasing costs in packaging and construction industries, reducing weight in automotive parts, and as an insulator in electronic products, is driving the demand for calcium carbonate in APAC.

CaCO3 has potential applications

Currently, calcium carbonate is majorly used in the paper, plastic, paints & coatings and adhesives & sealants industries. However, researchers are continuing to discover new applications of this material.  Studies are being conducted to implement these nanoparticles in therapeutic applications, including as an antibacterial agent, for gene delivery to target cancer cells, and for cancer drug delivery.

Calcium carbonate-based materials have biodegradable and biocompatible properties, which are ideal as a smart carrier to deliver genes, enzymes, and drugs. Developing compostable products has become an emerging global trend, therefore these factors present various opportunities for the growth of the calcium carbonate market in the future.

In Vietnam, An Tien Industries Joint Stock Company, a subsidiary of An Phat Holdings is the largest plastic additives manufacturer in Vietnam providing Ancal plastic additives, high-quality CaCo3 ultrafine stone powder, etc. With 2 factories capable of producing more than 200.000 tons per year, An Tien Industries’ products has been exporting to more than 62 countries, regions and territories. Recently, An Tien Industries was just ranked Number 1 among Top 500 Fastest Growing Enterprises in Vietnam in 2020.

An Phat Holdings – one of the few enterprises holdings the patent for manufacturing compostable materials and products has started implementing its plan to build AnBio compostable material manufacturing plant. The construction of the plant is expected to start at the beginning of 2021 at Hai Phong, with an 18-month construction period, completed by 2022, with a capacity of 20.000 tons per year and an investment amount of nearly VND 1.500 billion. In the future, An Phat Holdings aim to become the biggest high-tech bioplastic group in South East Asia.

An Tien Industries Ranks The Number 1 Among Top 500 Fastest Growing Enterprises In Vietnam In 2020

Hanoi, May 21, 2020, An Tien Industries JSC (Stock Ticker: HII) is honored to be the number 1 among 500 Vietnam’s fastest growing enterprise (FAST500) in 2020, exceeding 4 levels compared to 2019 (5/500).

In 2019, An Tien Industries has outstanding business results, with revenue of 4,632 billion VND, exceeding 54.4% of the year plan.

As an enterprise specializing in manufacturing ANCAL plastic additives and stone powder, after more than a decade of growth and development, An Tien Industries is currently the second largest plastic additives producer in Vietnam, with 2 modern manufacturing plants in Yen Bai Province. An Tien Industries’ products are exported to 62 countries and regions around the world.

By 2020, An Tien Industries plans to achieve VND 3,300 billion of consolidated revenue and VND 60 billion of consolidated profit after tax, increasing by 11% compared to 2019. At the same time, An Tien Industries will keep investing in machinery, production lines, expanding manufacturing activities, focusing on upgrading the production of technical plastic materials (compound) as well as deploying joint ventures to make intermediate and high-end products.

An Tien Industries is a subsidiary of An Phat Holdings – a leading group in manufacturing high-tech and environmental-friendly plastics in Southeast Asia, with more than 4,000 employees. An Phat Holdings is currently the No. 1 Southeast Asian film-packaging manufacturer and exporter. In addition, An Phat Holdings has focused on developing compostable product lines and high-tech plastics for supporting industries.

The FAST500 Awards are ranked based on the research results and evaluation on the Compounded Annual Growth Rate (CAGR) in terms of revenue and business performance. In addition, some other criteria such as total assets, total employees, profit after tax and social medial reputation are also used as a supporting factor to determine the size and position of the enterprise in the industry.

An Phat Holdings assures safety & quality in the prevention of COVID-19 outbreak

The Coronavirus disease (COVID-19) has appeared since the end of 2019, and kept a huge outbreak in early 2020, which has caused a negative impact on Vietnam and many other countries’ economy and social life.

Known as the leading enterprise in the field of manufacturing high-tech and environmentally friendly plastics in Southeast Asia, An Phat Holdings currently has 15 subsidiaries, more than 5,000 employees and factories, and offices throughout Vietnam such as Hanoi, Hai Duong, Hung Yen, Yen Bai, Ho Chi Minh City, Long An, etc. At the same time, An Phat Holdings products are exported to more than 60 countries and regions over the world.

Therefore, the safety assurance of products and workers is An Phat Holdings’ top priority in the complicated situation of the Covid-19 outbreak.

With the motto of “Safety for production and products”, accordingly, An Phat Holdings has maintained a drastic and serious attitude against Covid-19 disease from its headquarters, offices to factories.

From the end of December 2019 to January 2020 when the disease broke out in China and increased the risk in Vietnam, An Phat Holdings established a number of disease prevention committees in all subsidiaries, branches, representative offices, factories, etc., to quickly respond to the Covid-19 related situations

Preventive measures have been strictly implemented by all employees such as: Requiring all employees to wear masks, wash, disinfect their hands, and measure their daily temperature; propagating and timely updating the latest information about on the COVID-19 disease; strictly controlling business trips of all staff, and corporate activities, etc.

Particularly, for the production segment, An Phat Holdings considers this as the focus needing the highest level of attention. In addition to the general measures, An Phat Holdings has applied some other methods like: Ensure the standard distance of minimum 2m2 for workers at factories; Measure temperature for all employees and require all of them to sanitize their hands before and after the shift meals, etc.

With all the preventive measures applied strictly and thoroughly, An Phat Holdings hopes that there will not be any infected cases or suspected cases of within the organization.

Let’s watch the following video clip to further understand An Phat Holdings’ preventive measures to the Covid-19 disease.

An Tien Industries 2020 Annual Shareholder Meetings: Core earnings keep going up remarkably, expected divident payout ratio of 10-15%

On March 20th, 2020 – Today, An Tien Industries JSC (Ticker: HII) successfully organized the 2020 Annual Shareholder Meeting in at its headquarters – Southern Industrial Park, Van Tien Commune, Yen Bai City, Yen Bai province.

The meeting summarized its business performance in 2019, approved the 2020 business plan and direction as well as reports related to the company’s management and operation activities.

Approving An Phat Bioplastics Joint Stock Company (An Phat Bioplastics – Ticker: AAA) for increasing its ownership to 65% with no public tender offer

The meeting approved An Phat Xanh Plastic JSC for increasing its ownership to 65% without requiring a public tender process.

AAA currently owns 51% of HII, equivalent to 51% of the company’s equity. In the long-term development plan, AAA continues to joint hands with HII to develop business and maintain its position as the No. 1 enterprise in Southeast Asia in terms of film packaging production.

Particularly, AAA purchases additional shares from existing shareholders of HII with no public tender offer.

2019 revenue reached VND 4,632 billion, exceeding nearly VND 1,700 billion of the original plan

In the 2019 Annual Shareholder Meeting, HII aimed to achieve VND 3,000 billion in consolidated revenue and VND 70 billion in profit. Regarding business results in 2019, HII reached VND 4,632 billion in revenue, exceeding 54.4% of the set plan; profit after tax earned VND 54 billion, reaching 77.14% compared to the set plan.

In 2019, HII had the dividend payout ratio of 15%

The 2019 revenue considerably grew exceeding the set plan mainly thanks to its current manufacturing segment with a high gross profit margin, and the reduced revenue from the commercial segment, with a very low gross profit margin.

At present, HII is producing stone powder and plastic fillers (70% exported to foreign markets, to about 62 countries, accounting for nearly 20% of Vietnam’s total export of plastic fillers), ranked among the top 2 in Vietnam with continuous revenue growth.

Estimated strong growth in 2020

By 2020, HII will achieve VND 3,300 billion of consolidated revenue and VND 60 billion consolidated profit after tax, increasing by 11% compared to 2019. In response to shareholders about these figures, Chairman of HII, Mr. Dinh Xuan Cuong said that the total profit has an expected growth of 11% but in 2019 HII had a financial profit of VND 18 billion, so the actual profit in 2020 is estimated to increase by 67% compared to 2019. The dividend rate is around from 10% to 15%.

Besides its continuous effort for investment activities, productivity improvement, HII plans to increase its core earnings, details as below:

– Scale: Continue to invest in machines, production lines, expand manufacturing activities.

– Production orientation: Focus on gradually promoting the product quality. The company will produce engineering plastic materials (compound), starting from low-end products, then deploying a joint venture to make intermediate and almost-premium ones. Half of these products will be provided to An Phat Holdings (HII is a subsidiary of An Phat Holdings), another half will be sold on the market.

– Regarding its administration, Board of Directors will keep improving the quality of its internal governance.

In addition, the meeting also passed the decisions proposed by B.O.D, dismissing a member of B.O.D, Mr. Nguyen Huu Long, electing Mr. Nguyen Trung Kien as a new member of B.O.D.

HII Annual General Meeting was successfully organized!

An Phat Holdings gave bio compostable paper cups for people in the isolated area on Truc Bach Street, Hanoi

On 17 Mar 2020, An Phat Holdings and its employees are present at the People’s Committee of Truc Bach Ward (Hanoi) to give thousands of AnEco compostable paper cups to 300 residents and workers on duty in the isolation area of Truc Bach. This is a significant activity of An Phat Holdings in general and AnEco compostable brand in particular in an effort to join hands with the public to prevent and control Covid-19 disease. Through this, An Phat Holdings wishes to go along with people in the community to get rid of the corona virus by using a paper cup daily.

AnEco compostable paper cups of An Phat Holdings have obtained some international leading quality and safety standards such as Din-certo of Germany (for the production of bio compostable materials), SGS of Switzerland (for safety and health standards), OK Compost of Austria (for environmental friendliness).

After this activity, An Phat Holdings and AnEco brand also plan to sponsor disposable products for other isolated residential areas to spread a spirit of sharing and caring within the community, going together against Covid-19.

On behalf of Truc Bach Ward People’s Committee, Mr. Hoang Duc Thang – Secretary of Truc Bach Ward Party Committee expressed his sincere thanks to Board of Directors and An Phat Holdings’ community for their care and attention to residents and workers on duty in the isolation area on Truc Bach Street.

In addition to business activities, AnEco has enthusiastically responded to, organized and participated in a number of activities to propagate the green lifestyle as well as environment protection across Vietnam, some activities like joining hands in clearing Vung Tau beach, taking part in the campaigns for a green – clean – beautiful environment in Hai Duong, Earth Day Compostable, for a cleaner Hoi An, challenges to change, etc.