Hai Duong Grinding Stone Joint Stock Company Successfully Holds 2025 Annual General Meeting Of Shareholders

On May 5, 2025, in Ha Giang City, Hai Duong Grinding Stone Joint Stock Company (Damahad) successfully held its 2025 Annual General Meeting of Shareholders (AGM). The meeting was attended by 13 shareholders representing 13,467,556 shares out of a total of 14,670,833 outstanding shares, equivalent to 91.8% of the voting shares.

Attending the AGM on behalf of the company were members of the Board of Directors:

- Mr. Nguyen Huu Bac, Chairman of the Board;

- Ms. Vu Thi Huong, General Director;

- Mr. Nguyen Dinh Son, Deputy General Director.

Representing the state capital:

- Mr. Tran Quoc Toan, Chairman of the Board of Directors of Machines and Industrial Equipment Corporation – JSC
 

At the AGM, it was noted that 2024 was a year full of challenges for Vietnamese enterprises. The Company’s Board of Directors and Executive Board took proactive and decisive measures to overcome difficulties and stabilize production. As a result, the Company successfully fulfilled the targets and tasks assigned by the General Meeting of Shareholders.

The management closely directed operations with consistency and timeliness, particularly in applying effective sales policies. Investment and major repair projects were proactively implemented and completed as scheduled to ensure stable operation of production lines and machinery. The Company also ensured timely supply of raw materials for production.

With the unity and collective effort of the Board of Directors, Executive Board, and all employees, the Company achieved remarkable business results in 2024. Net revenue reached VND 452 billion, up 15% compared to 2023, and VND 35 billion was contributed to the state budget. The Company maintained stable employment for 377 staff members, with an average monthly income of VND 10.3 million per person.

At the meeting, 100% of attending shareholders approved all reports and proposals presented by the Board of Directors. The Board of Directors, Supervisory Board, and Executive Board committed to actively and promptly implementing the resolutions passed by the AGM to strive to meet the 2025 business plan, which includes a revenue target of VND 550 billion.

Some photos from the AGM

Shareholders voting at the meeting

 

The Board of Directors, Supervisory Board, and company shareholders

 

 

Company management team

 

Mr. Tran Quoc Toan, State Capital Representative, delivering remarks

 

Shareholder Pham Van Khoa sharing opinions at the meeting

 

Shareholder Ho Xuan Quyet delivering remarks at the meeting