To join hands with the whole country to strengthen the prevention and control of the Covid-19 epidemic, which is developing very complicatedly in many provinces and cities, especially in Ho Chi Minh City, the CC1 Leadership Board decided to change the plan to organize the Congress. The 2021 annual meeting of shareholders (GM) will be held online. This is considered a new form, applied for the first time for businesses.
This morning, June 26, 2021, Construction Corporation No. 1 - JSC (Stock code CC1-UPCoM) successfully organized an online meeting of the 2021 Annual General Meeting of Shareholders. The entire Congress voted in favor with an almost absolute rate of 100%, to approve 16 reports and presentations at the Congress. In particular, Shareholders are most interested in the plan to increase charter capital and the business plan and dividend payment in 2021.
The amount of charter capital increased in 2021 is almost double the current charter capital, from VND 1,100 billion expected to increase to VND 3,260 billion, including the payment of dividends in 2020 in shares, issued to shareholders. existing shareholders and ESOP shares for employees.
The parent company's net revenue in 2021 is expected to be 5,550 billion VND, an increase of 11% compared to the previous year, but more "huge" is the profit after tax target of 300 billion VND, nearly 6 times higher than the previous year. Dividends in cash and/or shares were 8%, double that of the previous year.
It is known that in the context of countless difficulties in 2020 due to the impact of the Covid-19 pandemic, although CC1 - the parent company still achieved the set plan with net revenue of 5,019 billion, profit after tax only reached 47 billion, equal to 84% as planned.
At the Congress, Chairman of the Board of Directors of CC1 - Mr. Nguyen Van Huan also reaffirmed CC1's long-term vision by 2025, aiming to be an investment and construction enterprise in the group of leading enterprises. in Vietnam, and become a professional international construction contractor, initially in Southeast Asia. Therefore, 2021 will be considered a pivotal year for a new development process.
In order to realize this vision, CC1 must drastically and synchronously deploy 06 groups of solutions including: (1) Strengthening the organizational structure and standardizing remuneration policies, attracting and retaining talents; (2) Improve financial capacity; (3) Promote the application of science, technology and technology in production, business and corporate governance activities; (4) Successfully deploying ERP solutions to minimize costs, improve labor productivity, optimize profits in investment and production, thereby improving competitiveness; (5) Building and developing brands; and (6) Fulfill social responsibility.
CC1's investors and employees believe that the Board of Directors and Supervisory Board for the new term 2021-2026 will inherit and further promote good traditions to move the CC1 ship forward quickly and far. and advance further on the road to reach the ocean, ready to face the storms, to be able to compete fairly with the leading construction corporations in the world./.
Mr. Nguyen Van Huan - Chairman of the Board of Directors - Chairman

Mr. Le Huu Viet Duc General Director - Member

Mr. Le Bao Anh Deputy General Director - Member

Mr. Nguyen Van Huan, Chairman of the Board of Directors - Chairman delivered the closing speech of the congress.