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On March 20, 2026, Southern Basic Chemicals Joint Stock Company held its Employee Delegates Conference to review the results achieved in 2025 and set out production and business objectives and directions for 2026.

Attending the event, from the Vietnam National Chemical Group (Vinachem) were Mr. Nguyen Van Luyen, Deputy CEO of the Group; Ms. Nguyen Thi Mai, Deputy Head of the Technical Department and Chairwoman of the Company’s Board of Directors; and Ms. Ho Thi Mai Huong, Vice President of the Vietnam Chemical Industry Trade Union. From Southern Basic Chemicals JSC were Mr. Le Thanh Binh, CEO of the Company, along with 80 delegates representing employees across the company.

According to the report presented at the conference, 2025 was marked by complex global geopolitical developments, which affected global supply chains, transportation costs, and the supply of raw materials. Prices of key inputs such as sulphur, aluminum powder, and yellow phosphorus increased significantly, placing substantial pressure on production costs. In addition, the Company is implementing a relocation plan for its existing plants, which has had a certain impact on its production and business operations.

Despite these challenges, the Company maintained stable operations and fulfilled its key targets. In 2025, consolidated revenue reached VND 2,160 billion, achieving 121% of the plan and increasing by 16% compared to 2024. Industrial production value reached VND 2,240.5 billion, achieving 103% of the plan and rising 14% year-on-year. The parent company alone recorded revenue of VND 1,726.4 billion, achieving 128% of the plan and increasing by 22% compared to 2024. Profit reached VND 259.4 billion, fulfilling 101% of the target. Subsidiaries maintained relatively stable production and business activities.
The Nhon Trach Chemical Plant project continued to be implemented as planned, with an achieved value of VND 34,289 million.

Several notable technical projects and solutions are being carried out, including investment in an HCl synthesis tower system integrated with heat recovery to generate steam for other production lines, and technological upgrades replacing old electrolysis cells with next-generation equipment to improve energy efficiency. In 2025, the Company implemented 26 technical initiatives, generating an estimated benefit of approximately VND 2.9 billion.

In addition to business performance, the Company continued to promote energy saving, green transformation, innovation, and digital transformation to enhance management and operational efficiency. In 2025, electricity savings exceeded targets; 26 initiatives were implemented with total savings of approximately VND 2,923 million; and management platforms such as Base and FAST were further applied, alongside digitalized approval processes, online submissions, and digital signatures. Technology applications were also expanded in operations, human resource management, production, business, and logistics. Occupational safety, fire prevention, and environmental protection were maintained effectively, with no accidents or incidents recorded during 2025.

For 2026, the Company aims to maintain stable production and business operations, targeting an industrial production value (at actual prices) of VND 1,861,489 million and total revenue of VND 2,145,673 million. Of this, the parent company is expected to generate VND 1,720,399 million and subsidiaries VND 425,274 million. The Company strives for pre-tax profit of VND 217 million for the parent company and VND 20,334 million for subsidiaries, while ensuring employment and income for employees, with an average monthly salary of VND 21.572 million per person. These targets reflect the Company’s determination to sustain production, stabilize operations, and further improve employee welfare in 2026.

At the conference, delegates actively discussed and contributed opinions on production and business activities, employment, income, and working conditions. Employees’ recommendations were directly addressed and clarified by CEO Le Thanh Binh.

In his remarks, Mr. Nguyen Van Luyen, Deputy CEO of the Group, highly appreciated the Company’s achievements in 2025. He generally agreed with the proposed solutions for 2026 and recommended several additional measures:

First, ensure the relocation process is carried out on schedule and safely, while maintaining stable production and business operations; accelerate the Nhon Trach Chemical Plant project for early commissioning.
Second, closely monitor market developments, proactively manage operations, and develop flexible production plans during the relocation period; maintain stable supply and customer relationships. Once the Nhon Trach plant becomes operational, quickly stabilize production and gradually increase capacity to meet market demand.

Third,ensure employment and income for workers; enhance training, encourage innovation, and strengthen occupational safety awareness during relocation.

Fourth,reorganize production lines at the Nhon Trach Chemical Plant toward modernization and automation; promote technological innovation, develop high value-added products, and adjust capacity in line with market demand.

Fifth, strictly comply with regulations on safety and environmental protection; strengthen maintenance and servicing to ensure stable operations during the transition period.

Toward the 50th anniversary of the Company (July 21, 1976 – July 21, 2026), Mr. Nguyen Van Luyen expressed his hope that all employees would continue to uphold tradition, overcome challenges, and successfully fulfill assigned tasks.

The 2026 Employee Delegates Conference of Southern Basic Chemicals Joint Stock Company adopted its Resolution with strong consensus, laying the foundation for the Company to implement its tasks in the next phase.