Timeline of Establishment & Development:
In the process of building and developing the Company is divided into 3 main stages:
Phase 1:
- From 1964 - 1999, it was Truc Thon Refractory Soil Mine - a dependent accounting unit of Thai Nguyen Iron and Steel Company.
- From 1964 - 1968, the mine exploited refractory soil, mainly serving Thai Nguyen Iron and Steel Company.
- From 1968 - 1970, due to the fierce destructive war of the US imperialists in the North, the mine had to stop production and hand over its facilities to the army for combat duty.
- In 1971, the Mine returned to production. In 1975, the mine received the white clay ore mining workshop of Kinh Mon Kaolin Mine under the Ministry of Light Industry and Lo Son Bauxite Mine under the Ministry of Heavy Industry.
- Since 1980, the mine has invested in technology to produce refractory bricks and lamps.
Phase 2:
- Since 1999, the Mine became an independent accounting unit under Vietnam Steel Corporation and changed its name to Truc Thon Clay Mining and Refractory Materials Company.
- In 2000, the Company invested in a ceramic tile production line with a capacity of 2 million m2/year with a total investment of nearly 80 billion.
- In March 2003, Sao Do Tile Factory was established, directly under the Company. In July 2003, Sao Do Tile Factory launched ceramic tile products under the RedStar brand, increasing the Company's revenue from nearly 12 billion to over 100 billion VND.
Stage 3:
- In January 2006, Truc Thon Joint Stock Company was established on the basis of equitizing the state-owned enterprise Truc Thon Material and Materials Company according to Decision No. 3008/QD- BCN dated September 26, 2005 of the Ministry of Industry. Business registration number 0403000366 issued by the Department of Planning and Investment of Hai Duong province on December 30, 2005.
- Transforming the organizational model into Truc Thon Joint Stock Company, an associate member of Vietnam Steel Corporation - JSC.
Capital raising process:
- In 2008, charter capital after increase was 33,000,000,000 VND;
- In 2010, the charter capital after increase was 22,000,000,000 VND.
Core Business Sectors:
- Ceramic tile production;
- Fire brick;
- Light earth;
- Fire-resistant products and materials;
- Exploitation and processing of all kinds of clay.
Address: Truc village, Cong Hoa ward, Chi Linh town, Hai Duong province
Phone: 0220 3882 243 - Fax: 0220 3883 163
Disclosure Officer: Ms. Duong Thi Quyen - Chief Accountant
Email: [email protected]
Website: https://redstarcera.com.vn/