Establishment History:
- Hoa Sen Group Joint Stock Company, formerly known as Hoa Sen Joint Stock Company, was established on August 8, 2001 under business registration certificate No. 4603000028 issued by the Department of Planning and Investment of Binh Duong province, with an initial charter capital of 30 billion VND and 22 employees, operating mainly in the fields of: importing, manufacturing, distributing metal roofing products, steel purlins, plastic ceiling panels and other construction materials,... year-end revenue reached 3.2 billion VND, although not yet profitable, but initially created a basic market share in the market.
- On March 16, 2007, Hoasen Group announced the 7th increase in charter capital from 250 billion VND to 400 billion VND, and changed its trading name to Hoa Sen Corporation (abbreviated as Hoa Sen Corp.). On November 9, 2006, Hoa Sen Corrugated Steel Joint Stock Company was established, as the first subsidiary of Hoasen Group, with a charter capital of 320 billion VND, operating in the field of manufacturing and trading cold rolled steel products...
- On March 26, 2007, Hoasen Group established 02 subsidiaries: Hoa Sen Construction Materials Joint Stock Company in Phu My Industrial Park, Ba Ria - Vung Tau province with an initial registered charter capital of 700 billion VND; Hoa Sen Mechanical & Construction Joint Stock Company is located at 09 Thong Nhat Avenue - Song Than II Industrial Park, Di An, Binh Duong with an initial registered charter capital of 10 billion VND.
- In December 2007, Hoa Sen Joint Stock Company changed its name to Hoa Sen Group Joint Stock Company according to business registration certificate No. 4603000028 issued by the Department of Planning and Investment of Binh Duong province on November 8, 2007. 2007.
- With the consent of the General Meeting of Shareholders of Hoasen Group and its Subsidiaries held in December 2007, Hoa Sen Group Joint Stock Company proceeded to merge the subsidiaries Hoa Sen Steel Sheet Joint Stock Company, Hoa Sen Construction Materials Joint Stock Company, and Mechanics and Construction Joint Stock Company. Lotus.
- On September 19, Hoa Sen Group Joint Stock Company was approved by the Securities Depository Center and the State Securities Commission to register with the stock code HSG. Effective date of listing is November 5, 2008, official trading date is December 5, 2008, total value of listed securities is 570,385,000,000 VND.
- 2009 - 2010: Established 11 more distribution - retail branches, bringing the total number of distribution - retail branches to 93. Private placement for large investors and employees, increasing charter capital from 570 billion VND to 700 billion VND. Opening and putting into operation the zinc/aluminum galvanizing line (NOF technology - thick steel), capacity of 450,000 tons/year and color plating line with capacity of 180,000 tons/year under Hoa Sen Phu My Steel Sheet Factory Project. Issuing bonus shares and shares to pay dividends in the fiscal Year 2008 to shareholders, increasing charter capital from 700 billion VND to 839,960 billion VND. Issuing shares to pay dividends in the fiscal Year 2008 - 2009 to shareholders, increasing charter capital from 839,960 billion VND to 1,007,907 billion VND.
- 2011-2012: Export revenue reached 180 million USD, becoming one of the leading galvanized steel exporters in Southeast Asia.
Market share of the business:
- Coated steel market share: In 2015, Hoa Sen Group maintained its leading position in market share domestic corrugated iron, accounting for 37.4% market share.
- Steel pipe market share: Hoa Sen Group's steel pipe market share in 2015 accounted for 19.0%, ranking second in steel pipe consumption market share in the country.
(Source: Statistics of the Vietnam Steel Association in 2015)
Achievements of the business or the board of directors over the years?
- With outstanding achievements in business and positive contributions to the community, Hoa Sen Group has received many noble awards such as: 3rd class Labor Medal awarded by the President; Recognized as the National Brand of 3 product lines: Hoa Sen Steel Sheet, Hoa Sen Steel Pipe, Hoa Sen Plastic Pipe; "Asia's Best Managed Company 2014" award in the Metals and Mining sector by the prestigious world financial magazine Euromoney; on the list of top 50 best growth enterprises in Vietnam in the period 2009 - 2014 as announced by Vietnam Report; Top 50 best listed enterprises in Vietnam 2013, 2014, 2015, 2016 voted by Forbes Magazine...; Top "50 most effective business companies in Vietnam" in 2014, 2015, 2016; is one of the 10 most prestigious listed enterprises in the media 2015, Top 10 Vietnamese Golden Stars 2015, Top 50 Most Valuable Brands in Vietnam announced by Brand Finance (UK) brand valuation consulting firm; Top 15 Strong Brands in Vietnam 2015; Top 40 most valuable corporate brands in Vietnam by Forbes Magazine........ In particular, Hoa Sen Group is the only company in Vietnam voted into the list of 132 global growth companies in 2015 and officially became a member of the Community of Global Growth Enterprises of the World Economic Forum.
- In addition to the awards for businesses, in 2015 Mr. Le Phuoc Vu - Chairman of the Board of Directors of Hoa Sen Group represented the Vietnamese business community to participate in the World Entrepreneurship Award in Monaco in June 2015 and registered his name on the Wall of Honor. name.
Business position :
- Currently, Hoa Sen Group is leading the corrugated iron and steel manufacturing and trading enterprises in Vietnam with nearly 40% of the corrugated iron market share and nearly 20% of the steel pipe market share, and is also the leading corrugated iron and steel exporter in Southeast Asia.
- In September 2015, Hoa Sen Group was the only company in Vietnam selected into the 2015 Global Growth Business Community of the World Economic Forum
The development and investment strategy of the business in the coming time?
- Rapid growth of retail distribution branch system, combined with improvement of administration and human resources to enhance operational efficiency of all branches. From there, expand the coverage of Hoa Sen products on the domestic market.
- Effectively exploit lines, machinery and equipment in projects that have been put into operation and expanded investment projects such as Hoa Sen Binh Dinh Factory Project, Hoa Sen Nam Cam Factory Project - Nghe An, Hoa Sen Construction Materials Factory expansion investment project. In addition, continue to accelerate the implementation progress of new investment projects including Hoa Sen Nghe An Factory Project, Hoa Sen Nhon Hoi - Binh Dinh Factory Project, Hoa Sen Ha Nam Factory Project to evenly distribute production capacity in regions, creating a continuous supply of products for the distribution branch system stretching from North to South, while contributing to optimizing transportation time and costs
- Implement well the marketing strategy through media channels, community and charity activities, to enhance Hoa Sen brand recognition in the market.
Business Sectors:
- Production of steel purlins, galvanized purlins
- Production of black steel pipes, galvanized steel pipes, steel pipes coated with other alloys
- Production of galvanized steel mesh, galvanized steel wire, all kinds of steel wire
- Production of PVC ceiling panels
- Production of construction materials
- Buying and selling construction materials, production materials and consumer goods
- Warehouse rental and freight transportation services
- Industrial and civil construction
- Production of cold rolled steel coils
- Leasing machinery, equipment and other tangible items.
Address: No. 9 Thong Nhat Avenue, Song Than II Industrial Park, Di An Ward, Ho Chi Minh City
Phone: 0274 379 09 55 ; Fax: 0274 379 08 88
Disclosure Officer:
Website: http://www.hoasengroup.vn