Prominent highlights before the Annual General Meeting of Shareholders.

Event News
20.09.2022
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On June 25-26, 2021, Hai Phat Investment Joint Stock Company (ticker symbol: HPX -) will hold the Annual General Meeting of Shareholders 2021 through electronic voting. Important contents are expected to be approved at this event. Expanding investment areas, promoting the implementation of projects In the context of difficulties due to the Covid-19 pandemic, 2020 can be considered a successful year for the Company when revenue, profit and income from Financial performance meet the set targets. In 2021, with complicated developments of the Covid-19 epidemic, HPX's Board of Management aims to stabilize production and business as the top priority with a consolidated revenue of VND 1,500 - 1,600 billion, of which the parent company is about approx. 1,000 - 1,500 billion VND. Consolidated profit after tax is from 370 - 390 billion VND, of which the parent company is from 370 billion VND. For short-term projects, in 2021, Hai Phat aims to complete the construction of The Seahara Phu Yen project (1.4 ha) and record revenue for this project and implement the following projects: HP Galaxy Cao Bang (4.35 ha, total investment of 880 billion VND), Southern urban area of ​​Bac Giang city (2.1 ha), Fidel Central Park - Quang Tri (1.1ha), The Seahara Mui Ne - Binh Thuan (5 ha, total investment of 2,332 billion VND), the project of La Emera Residential and Commercial Resort combined - Quang Ninh (12, 66 ha, total investment of 1,200 billion VND). For large-scale long-term projects, Hai Phat will promote site clearance according to the investment phases of projects such as Mai Pha - Lang Son New Urban Area project (91.73 ha, total investment of 3,381 billion VND), An Binh New Urban Area 1 & 2 project in Can Tho (222.7 ha, total investment of 9,141 billion VND), Vinh My project in Hue (39.58 ha, total investment capital of VND 9,141 billion), Vinh My project in Hue (39.58 ha, total investment of 656 billion VND).
The perspective of Mai Pha New Urban Area (Lang Son), the project is in the site clearance period.
Most of Hai Phat's projects that have been implemented and are being implemented are focused on the mid-end and high-end segments, with prime locations in provinces/cities with potential economic development, suitable for the need of housing of the majority of the middle class and young population in Vietnam. Thus, the projects that Hai Phat has developed have high liquidity, helping businesses to be proactive in financial sources and maintain their operational efficiency.In addition, Hai Phat continues to search and participate in auctions for projects that can be deployed and bring in short-term revenue in 2021 - 2022 in other provinces including Lao Cai, Hanoi, Quang Ninh, and Bac Ninh, Bac Giang. 
The perspective of the project of An Binh New Urban Area (Can Tho) 1 and 2.
With the Implementation of a series of projects in 2021, in order to be more proactive in medium and long-term capital, in addition to optimizing the efficiency of financial leverage, Hai Phat is also preparing for plans to increase charter capital in 2021 and the following years. Strengthening financial resources Accordingly, at the General Meeting of Shareholders, Hai Phat will also submit to shareholders to approve the 2020 profit distribution plan. In which, the Company will pay a 15% stock dividend, equivalent to nearly 397 billion dong. In addition, with various unpredictable factors from the Covid-19 epidemic, Hai Phat pays great attention to and focuses on sale activities to recover investment cash flow quickly in order to be proactive in financial sources and improve investment efficiency. business private. Since the Covid-19 epidemic factor is temporary, after certain successes in the urban real estate market, Hai Phat officially enter the tourism and resort real estate industry with various projects including The Seahara Phu Yen, The Seahara Mui Ne (Binh Thuan), Vinh My resort project (Hue). 

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