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Construction Corporation No. 1 – Joint Stock Company to hold the Annual General Meeting of Shareholders in 2022


On May 12, 2022, Construction Corporation No. 1 - Joint Stock Company (CC1) successfully held the General Meeting of Shareholders (AGM) in the online form. The General Meeting of Shareholders evaluates the operation results in 2021, the plan for 2022 of CC1 and other issues under the decision-making authority of the General Meeting of Shareholders.    

The presiding delegation at the meeting included Mr. Nguyen Van Huan - Chairman of the Board of Directors, Mr. Mr. Le Huu Viet Duc - General Director, Mr. Le Bao Anh - Deputy General Director.
Reported at the meeting, CC1's leaders said that in 2021, despite many common difficulties due to the impact of the Covid-19 epidemic, with the efforts, creativity and determination of the Board of Directors, the Board of Directors. Under the management of all staff, CC1 has achieved many impressive business results.
In which, profit in 2021 will grow 6 times compared to 2020; CC1's total assets as of December 31, 2021 reached VND 12,022 billion, exceeding 122% compared to the previous year.
Overview of CC1 Annual General Meeting of Shareholders in 2022
Along with that, in the past year, CC1 has been participating in the implementation of many key projects of great value such as Tien Giang Provincial General Hospital, Binh Duong Province 1,500-bed General Hospital, Tra Vinh Province General Hospital , Long Son Refinery and Petrochemical Plant, Song Hau 1 Thermal Power Plant, Van Phong BOT Thermal Power Plant 1. The construction of the above projects has all been ensured on schedule and is highly appreciated by the partners for their cooperation. safety and quality of works. At the end of 2021, CC1 also won the bids for projects of great value such as Quang Trach 1 Thermal Power Plant (over VND 41,000 billion), KingCrown Infinity (over VND 5,000 billion), and in early 2022, CC1 won the bid. Its first project in foreign markets is Package No. 4 - National Highway 5 Upgrading Project in Cambodia (Nearly 53 million USD), ensuring a consistent output in the following years.
Entering 2022, CC1 sets a target of double revenue growth compared to 2021. At the same time, CC1 has also developed methodical plans and roadmaps to achieve the above-mentioned goals such as: Strengthening search activities. seek opportunities in the field of investment and construction; promote the application of modern technology and digitize the company's processes; effective and transparent financial management; promote fair and transparent investor relations activities, for the highest goal for shareholders.
Member of CC1 Board of Directors in 2022
The meeting also spent time for shareholders and leaders of CC1 to discuss, exchange and clarify related contents. Most of the comments revolved around CC1's development strategy in the near future, the progress of construction investment projects, and the production and business situation in 2022. In the explanation to shareholders, CC1's management board had affirms that it will absorb the opinions of shareholders, build and sustainably develop the CC1 brand, affirm its position as a leading investment and construction enterprise in Vietnam and aim to become a national construction contractor. professional economics.
CC1 successfully held the 2022 Annual General Meeting of Shareholders
At the end of the meeting, all the proposals were approved by the shareholders with high consensus, opening up development opportunities for CC1 with a new stature, which will surely bring customers, shareholders and other stakeholders the investors with many outstanding added values.