Hoa Phat Group Joint Stock Company (Vietnam)

Hoa Phat is a leading industrial manufacturing group located in Hung Yen, Vietnam. The company was originally established in August 1992 as a construction machine and equipment trading company. Over time, Hoa Phat has expanded its business to include trading and production of furniture, steel pipe, steel, refrigeration, real estate, and agriculture. Since November 15, 2007, Hoa Phat has been listed on the Stock Exchange under the stock ticker symbol 'HPG'. The group operates in five sectors: iron and steel, steel products, agriculture, real estate, and home appliances. Steel production is the core sector, accounting for 90% of the group's revenue and profit. With a capacity of 8.5 million tons of crude steel per year, Hoa Phat is the largest steel producer in Southeast Asia. Hoa Phat holds the number one market share in Vietnam for construction steel and steel pipes, and is in the top five for steel sheet. The company is ranked as one of the top five largest private enterprises in Vietnam, one of the top 50 most effective listed enterprises, one of the top 30 largest contributors to the state budget, one of the top three enterprises with the largest charter capital in the stock market, and one of the top 10 stocks with the largest market capitalization in the Vietnam stock market. Hoa Phat's vision is to become an industrial manufacturer with leading product quality, with steel production as its core business sector. The company's mission is to provide leading products, contribute to improved quality of life, and gain customers' trust. Hoa Phat positions itself as a Vietnamese brand with global standards. The core value of Hoa Phat Group is the philosophy of "Harmony for Joint Development." This value is reflected in the relationships among employees, partners, agents, shareholders, and the social community. The company aims to ensure the harmony of interests of stakeholders towards sustainable development. Hoa Phat also emphasizes its long-term, sustainable, and trusting partnerships with sales agents who have been with the company since its establishment.