2025 Annual General Meeting of Shareholders and 2025–2030 Term Duyen Hai Mechanical Joint Stock Company

On April 19, 2025, in Hai Phong City, Duyen Hai Mechanical Joint Stock Company (DMC) successfully held its 2025 Annual General Meeting of Shareholders, which also marked the beginning of the 2025–2030 term.
Representing Machines and Industrial Equipment Corporation – JSC, the parent company, were Mr. Tran Quoc Toan, Secretary of the Party Committee and Chairman of the Board of Directors, and Mr. Le Huy Hai, Deputy Secretary of the Party Committee and General Director.
The meeting was attended by 33 shareholders, representing 100% of the voting shares. The Presidium, which chaired the meeting, included Mr. Cu Ngoc Phuong, Acting Chairman of the Board and General Director of DMC, and Mr. Pham Van Chien, Member of the Board of Directors.

On behalf of the Board of Directors, Mr. Cu Ngoc Phuong presented the 2024 performance report and 2025 business plan; a report summarizing the 2020–2025 term; and strategic directions for the 2025–2030 term.
In 2024, DMC made significant efforts in business operations, focusing on a transition to producing steel structures for both direct and indirect export. The company has gradually improved workforce skills and expanded its product markets. Employment was secured for all workers, and the average monthly salary reached VND 12.461 million per employee.

Shareholders at the meeting highly appreciated the company’s 2024 business results, expressed understanding of existing difficulties, and contributed ideas to support the company’s management. They also expressed trust in the leadership and management of the Board of Directors and Executive Board, and in the continued efforts of all staff to achieve the set targets.

The General Meeting approved, with 100% of voting shareholders in agreement, the following key matters:

1. Report on the activities of the Board of Directors in 2024 and the activity plan for 2025;

2. Report on the activities of the Board of Directors for the 2020–2025 term and the orientation for the 2025–2030 term;

3. Report on the activities of the Supervisory Board in 2024 and the activity plan for 2025;

4. Self-assessment report on the performance of the Supervisory Board and each Supervisor in 2024, together with the activity plan for 2025;

5. Report on the activities of the Supervisory Board for the 2020–2025 term and the plan for the 2025–2030 term;

6. Report on business performance for the 2020–2025 period and the business plan for the 2025–2030 period;

7. Report on the results of business performance for the 2020–2025 period and the business plan for the 2025–2030 period;

8. Approval of amendments to the Company’s Charter on Organization and Operation;

9. Audited financial statements for 2024 and the selection of an independent auditor for the 2025 financial statements;

10. Proposal for the temporary distribution of profits in 2024 and the profit distribution plan for 2025;

11. eport on salaries and remuneration in 2024 of the Board of Directors, Supervisory Board, General Director, and other managers; plan for salaries and remuneration in 2025 of the Board of Directors and Supervisory Board.

12. Other matters notified to shareholders at the General Meeting:

- Report on related interests under Clause 1, Article 164 of the Law on Enterprises;

- Report on related interests under Clause 2, Article 164 of the Law on Enterprises;

13. Report on the completion of the activities of the Board of Directors and Supervisory Board for the 2020–2025 term;

14. Election of the Board of Directors and Supervisory Board for the 2025–2030 term, as follows:

- The Board of Directors shall include the following persons:

+ Mr. Vu Trung Thuc, Chairman.

+ Mr. Cu Ngoc Phuong, Member – General Director.

+ Mr. To Hong Dan, Member.

+ Mr. Pham Van Chien, Member.

+ Mr. Nguyen Trong Huong, Member

- Supervisory Board:

+ Mr. Tran Huy Quang, Head;

+ Mr. Nguyen Huu Phuc, Member;

+ Ms. Le Thi Thanh Thuy, Member.

Photos from the Meeting

 

Overview of the Meeting

 

Shareholders casting their votes

 

Mr. Cu Ngoc Phuong, Acting Chairman of the Board, presenting the Working Regulations and Reports of the Board of Directors.

 

 

Mr. Tran Huy Quang, Head of the Supervisory Board, presenting the Supervisory Board’s reports 

.

 

Mr. Bui Truong Son, Deputy General Director, presenting the business performance reports

 

 

Ms. Nguyen Thi Hue, Chief Accountant, presenting the financial statements and remuneration reports

 

 

Mr. Tran Quoc Toan, Chairman of the Board of Directors, and Mr. Le Huy Hai, General Director of MIE, presenting flowers to the new Board of Directors of DMC for the 2025–2030 term

 

 

Mr. Pham Van Chien presenting flowers to the newly elected Supervisory Board

 

 

Mr. Le Huy Hai, General Director of MIE, delivering a speech 

 

Mr. Tran Huy Quang presenting flowers to Ms. Hoang Thi Tam, former Supervisory Board member for the 2020–2025 term                     

 

Mr. Tran Van Hai, Secretary of the Meeting, presenting the Minutes and Resolution of the 2025 Annual General Meeting of Shareholders and the 2025–2030 term