On the morning of August 16, 2024, CC1 organized the Town Hall program for the second quarter of 2024 to summarize business activities in the first 7 months of 2024 and share strategic development orientations in the future at the Company's Headquarters.
Attending the program were Mr. Nguyen Van Huan - Chairman of the Board of Directors; Mr. Phan Van Chinh - Vice Chairman of the Board of Directors; Mr. Le Bao Anh - General Director; members of the Board of Directors, managers of the Company's Departments/Boards and member companies; and all employees.
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The program opens with an overview of the human resources situation and training in the first 7 months of the year. In order to meet the growth rate in revenue and the number of existing projects, CC1 focuses on developing human resources in both quantity and quality. All functional departments of CC1 are also promoting the development of increased human resources to focus on further expanding business activities in 2025 and the following years. In addition, the Digital Transformation work in operations is also being focused on accelerating the implementation for early application into operation.
Continuing the program, the subsidiaries simultaneously reported on their production and business results in the first 7 months of the year with many positive signals. The representatives of the subsidiaries emphasized their efforts to implement a number of important solutions to complete the production and business plan for 2024.
According to annual practice, the end of the first 7 months of the year is the time for CC1 to evaluate the production and business situation. export business in all fields. With the right decisions and directions of the Company's Board of Directors and the enthusiasm and efforts of the staff, up to now, CC1 has had many significant improvements in production and business results including the second quarter and the first 7 months of the year.
Looking back at the first 7 months of 2024, many projects have achieved very positive Construction and Installation results, while there are also projects with results that have not met the expected plan. General Director - Le Bao Anh has disseminated instructions on key tasks in the coming time. The General Director emphasized "taking advantage to increase competitiveness and striving to complete the production and business plan in the remaining 5 months of 2024." Representatives of the Blocks/Departments have committed to achieving the annual plan with a clear and specific roadmap; maximizing the capacity of the team, in parallel with improving and improving the process and quality in each work item and project.
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Also within the framework of the Town Hall program in the second quarter, Chairman of the Board of Directors - Nguyen Van Huan once again strongly affirmed that the development strategy established since 2021 when CC1 converted 100% into private equitization has been and is continuing. This strategy has been persistently implemented over the past years, up to this point, there have been many investment projects in a more mature stage, requiring more resources in terms of time, human resources and finance. In that spirit, the synergy from the Board of Directors, from the Executive Board of CC1 and the units in the same system, especially financial resources, needs to be further strengthened, needs to increase in terms of human resources, financial resources and operations, needs more mobilized capital as well as in the coming time, there will also be a reassignment of tasks within the Board of Directors to together soon realize the goal of becoming a multi-industry CC1 Group.
In his closing remarks, the Chairman did not forget to encourage and urge the Board of Directors and all CC1 employees and units in the same system to continue to carry out the tasks according to the orientation and focus we have set:
1. About people: Focus on training and building a team of talented successors;
2. Regarding the system: Continue to improve the system according to the management mechanism: Compact - Simple - Effective, requiring the application of digital technology in management and operation;
3. About corporate culture: Building a culture according to the 6 core values of CC1 that have been established;
4. Regarding strategy: Regarding strategy: Maintain stable operations of the three pillars of construction, investment, production and trading of construction materials. With the future goal of taking construction as the core, investment will be an important pillar contributing to generating revenue for the construction sector, creating extraordinary profits for the system;
5. Regarding production and business: Have specific solutions to achieve financial targets, short, medium and long-term goals;
And the immediate goal is to complete the 2024 plan target./.
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