Congress of Party Delegates of Trung Do Joint Stock Company for the term 2020 - 2025

Attending the congress were comrade Thai Khac Thu - Member of the Provincial Party Committee, Secretary of the Party Committee of Nghe An Provincial Business Bloc. Attending the congress were 87 delegates representing 120 party members from 5 Party cells of the Company.

Delegates attending the Party Congress of Trung Do Joint Stock Company, term 2020 - 2025. Photo: Nguyen Hai

To implement the targets for the 2015 - 2020 term, the Party Committee of Trung Do Joint Stock Company has had creative solutions to implement. Along with technological innovation to improve production efficiency and reduce costs, the Company has continuously invested in expansion towards becoming the leading manufacturer and supplier of construction materials in the region; at the same time, continuing to maintain its strong industries. Thanks to that, in difficult production conditions and increasingly fierce competition, the Company has still steadily risen to become a major manufacturer of construction materials in the Central region.

Comrade Nguyen Duy Hien - Deputy Director of the Company presented the political report to the Congress. Photo: Nguyen Hai

In the 5 years from 2015 to 2020, production value increased from 551 billion VND to 710 billion VND; total revenue increased from 502.8 billion VND to 664 billion VND; profit increased from 36 billion VND to 107 billion VND; 100% of workers had jobs with average salary increased from 5.5 to 7 million VND/month; budget contribution increased from approximately 30 billion VND to over 38 billion VND/year.

Ceremony to receive the Party Committee of Trung Do Joint Stock Company into the Party Committee of Nghe An Business Bloc. Photo: Quoc Khanh

Along with improving production and business efficiency, the Company focuses on building corporate culture, implementing grassroots democracy regulations at the enterprise, consolidating the role of the Party organization and the political system at the unit; solving employment and paying full insurance for employees, and annually sponsoring social and charitable activities from 300 to 500 million VND.

Trung Do Joint Stock Company presents gifts to support units caring for patients at the Covid-19 quarantine area in the province. Photo: Nguyen Hai

Comrade Thai Khac Thu - Secretary of the Provincial Business Bloc Party Committee gave a speech at the Congress. Photo: Nguyen Hai

Speaking at the Congress, Comrade Thai Khac Thu - Secretary of the Provincial Business Bloc Party Committee praised and acknowledged the efforts of the Company's Party Committee in the past time. Despite the difficult context, the Company has been bold and has the conditions to innovate technology; production and business are increasingly effective, the unit's political system is increasingly strong. Along with improving production and business efficiency, taking good care of the rights of employees, actively participating in social security activities...

Election of the Company's Party Executive Committee for the 2020 - 2025 term. Photo: Nguyen Hai

Comrade Thai Khac Thu also noted that in the coming term, in the context of the international economy still facing many difficulties and complications, he requested the Company to continue to make efforts, innovate technology to improve production quality, build a corporate cultural identity with the Trung Do brand, continue to care for and innovate the quality of Party cell activities, improve and strengthen political education for Party members.

The Congress voted to approve the Congress's targets for the 2020-2025 term, notably doubling revenue from VND710 billion to VND1,500 billion. Photo: Nguyen Hai

Based on the discussion, in the new term 2020 - 2025, the Party Committee of Trung Do Joint Stock Company sets a target of striving for production value and revenue to increase by 5 - 15%/year to reach 1,500 billion VND by 2025; Charter capital increases from 150 billion to 300 billion VND; fully fulfill budget obligations and social insurance, health insurance for employees; annual profit reaches over 20% of charter capital, annual dividends reach 10 - 20%, employees' income increases from 5 - 10%.

The Party Executive Committee of Trung Do Joint Stock Company for the 2020-2025 term was introduced and delivered a speech accepting the assignment. Photo: Nguyen Hai

The Congress elected the Party Committee of the Company for the 2020 - 2025 term, consisting of 11 comrades, and elected 3 delegates to attend the higher-level Congress. Comrade Nguyen Duy Hien - Deputy Director of the Company was elected as Secretary of the Party Committee of Trung Do Joint Stock Company for the 2020 - 2025 term./.