Attending the meeting on behalf of the major shareholder Vietnam Electricity (EVN) was Mr. Dinh The Phuc – Member of EVN's Board of Directors – along with representatives from EVN's professional departments.

Also in attendance was Mr. Cao Dat Khoa, a member of the Board of Directors of the National Power Transmission Corporation (EVNNPT).

Shareholders voting at meeting

In 2024, EEMC’s total consolidated revenue reached VND 2,255.8 billion, fulfilling 107% of the year’s target. Pre-tax profit totaled VND 180.4 billion, fulfilling 179% of the 2024 target.

Business, investment, engineering, production, labor organization, and finance activities all achieved remarkable achievements, typically: signing the first export contract for 70MVA-132kV transformers to Australia and implementing market development activities in other countries around the world; maintaining market share in supplying 110kV transmission transformers and increasing market share in 220kV transformers; successfully manufactured 500kV-300MVA transformers, creating growth opportunities in the future, etc.

In 2025, EEMC aims for a 14% increase in revenue compared to 2024, with a profit target of VND 158 billion, representing an 11% rise over 2024. To achieve these targets, EEMC continues to focus on developing new products and expanding its export activities to various countries and regions worldwide. Along with that, EEMC also focuses on implementing a long-term strategy until 2030, with a vision to 2035, emphasizing innovation, human resource training, and mechanisms and policies to attract and encourage the working spirit of employees.

Mr. Dinh The Phuc - Member of EVN Board of Directors speaking at meeting

Speaking at the meeting, Mr. Dinh The Phuc – a member of EVN’s Board of Directors – highly appreciated the positive results achieved by EEMC in 2024, particularly the impressive revenue growth and the launch of new products such as 500kV–300MVA transformers, the beginning of 110kV transformer exports, and the construction of a 500kV laboratory.

Mr. Dinh The Phuc expressed his hope that EEMC will seize the opportunity to achieve even greater success in production and business activities in 2025.

Mr. Nguyen Xuan Nam - EVN Vice President, Chairman of EEMC Board of Directors of speaking at meeting

On behalf of the Board of Directors, Mr. Nguyen Xuan Nam affirmed his commitment to working closely with the Executive Board to effectively implement production and business activities, safeguard and enhance investors’ capital, protect the interests of shareholders, and foster a culture of innovation and creativity. He also emphasized the importance of applying new technologies to ensure EEMC’s sustainable development and to fulfill the targets and plans assigned by the General Meeting of Shareholders.

The General Meeting of Shareholders approved the results of the election of additional members of the Board of Directors for Mr. Nguyen Hai Quan - Vice President of EEMC, who was elected as an additional member of the Board of Directors of EEMC to replace Mr. Nguyen Khac Cuong, along with all the contents presented at the General Meeting with a rate of 100% of the total votes of shareholders attending and voting.

Translator: Hải Yến