Chairperson of the 2023 Annual General Meeting of Shareholders

According to the Board of Directors’ report, in 2022, the Executive Board made great efforts to stabilize and develop business sectors in a new direction. The Executive Board implemented production strategies aimed at regaining market share, restoring customer relationships, and improving labor productivity in the post-pandemic period. At the same time, the company continued to enhance its organizational structure and boost productivity to expand into new markets.

In addition, the Executive Board fostered a united, creative, and dedicated work culture among employees, which played a crucial role in the company’s stability and growth over the past year. During the Annual General Meeting, shareholders reviewed and assessed the Executive Board’s governance performance, recognizing the notable transformations in 2022. The Executive Board demonstrated agility and adaptability, effectively stabilizing production while simultaneously increasing output and expanding into new markets with innovative products.

Regarding the company’s business strategy, it shows an investment in research and development of new products in the plastics and technology sectors. The company will enhance investment in assets and equipment for business production based on innovation and new manufacturing. Brand advertising will be implemented through various new technology formats, such as robots.

Regarding the company’s financial situation, it remains stable and healthy. Net revenue in 2022 increased by 19.1% compared to the previous year, and net profit after tax grew by 58.9%. EPS reached 1,644 VND, up 58.9%. Although revenue in the plastics sector remained stable, profits fluctuated due to rising raw material costs caused by a sharp increase in the USD exchange rate. Revenue in the paper manufacturing and trading sectors remained stable. The media, entertainment, and other service sectors are gradually recovering revenue.

The shareholders listen to the presentation.

Regarding the 2023 objectives, Alta Group aims to manage the company’s finances safely and strictly, improve accounting quality, and optimize capital usage in business and investment activities. The company will continue to strengthen its modern management system and focus on continuous training to enhance labor quality. It remains committed to fostering innovation, promoting research and application, and developing high-tech products to support its growth strategy while gradually building the domestic market and expanding toward exports. Additionally, the company will maintain vigilance in disease prevention and enhance employee health.

In addition to implementing its objectives, the 2023 business and production plan focuses on executing comprehensive solutions to achieve the set business targets. The company will prioritize strengthening its core business activities, particularly the development of innovative technology products. Investments will be made to upgrade and modernize existing machinery and equipment toward automation.

The company aims to enhance business efficiency by strongly promoting innovation in management and operations through technology, creativity, and digital transformation. A structured approach will be taken to establish ALTA’s brand identity across the entire system.

Moreover, the company will emphasize human resource development by improving employees’ competencies, professional skills, and expertise while implementing measures to encourage and motivate creativity, maximizing workforce potential to successfully achieve set goals.

Mr. Tu Hoang is presenting the business and production solutions for 2023.

At the meeting, the Executive Board also introduced the policy for developing the “Hậu Giang Biodegradable Plastic Production Plant” project. This is a strategic initiative aimed at achieving the company’s business development goals.

The meeting took place with a high level of consensus, as shareholders fully supported the reports from the Board of Directors, the Executive Board, and the Supervisory Board. The Annual General Meeting of Shareholders (AGM) 2023 resolution was approved with 100% of attending shareholders in agreement.

Ms. Diep Lai is presenting the issues to be approved at the 2023 Annual General Meeting of Shareholders (AGM).

Một số hình ảnh Đại hội

Chairman of the Board of Directors, Mr. La Thế Nhân.

Mr. Nguyễn Văn Danh – Head of the Supervisory Board.

Shareholder Đoàn Thanh Hải is presenting his opinions to the Board of Directors (HĐQT).

Mr. Hoàng Văn Điều is presenting his opinions to the Board of Directors (HĐQT).

The 2023 Annual General Meeting of Shareholders (AGM) of Tân Bình Cultural Joint Stock Company was successfully held, promising to achieve many accomplishments that will meet the trust and expectations of the shareholders who have placed their full confidence in the company.