The Annual General Meeting of Shareholders 2016 of 1-5 Automobile Joint Stock Company (1-5 Auto) was held successfully in the afternoon, June 29, 2016 at its head office with high consensus from attending shareholders. 

The General Meeting approved primary contents such as Financial Statement, Annual Report 2015, Report of Supervisory Board, Proposal on Remuneration of Management Board and Supervisory Board in 2016, etc.

1-5 Auto’s production value and revenue in 2015 gained 265 billion dongs and 250 billion dongs respectively. Especially, pre-tax profit reached 44.13 billion dongs (equal to 709.8% of the plan). Its targets for production value and revenue in 2016 are 377 billion dongs and 368 billion dongs respectively.

Remarkably, the General Meeting approved the election of additional members for Management Board and Supervisory Board in term of 2014 – 2019. Four BCG members, including Mr. Dang Trung Kien, Mr. Nguyen Ho Nam, Mr. Bui Thanh Lam and Mrs. Dao Thi Thanh Hien would become official members of 1-5 Auto’s Management Board and Supervisory Board. Mr. Kien is Vice President of Management Board, Mr. Nam and Mr. Lam are members of Management Board and Mrs. Hien is Chief of Supervisory Board for the term of 2014 – 2019.

BCG engagement in 1-5 Auto’s Management Board is a vital content of the Comprehensive Cooperation Agreement signed in 2015.

Management Board and Supervisory Board for term of 2014 -2019 of 1- 5 Automobile JS company

Information about 1- 5 Automobile JS company

Being established in 1956, 1-5 Auto has become a leading unit in automobile production industry of Vietnam with a tremendous nation-wide system of auto showrooms and agents after over a half of century of fluctuation and development.

Its main product lines are transporting vehicle, 29 to 80-seat bus, heavy-duty truck, light-duty truck, special use vehicle, Asphalt cement batching plant, rock grinder, auto/train/ship interiors and accessories made of composite and leather, etc. The company has a complete system of workshops, modern technology and equipment with capacity of over 500 auto per year and hundreds of batching plants.

On the last June 20, 2016, 1-5 Auto signed a Corporation MOU with Jinil International and Doosan Infracore (Korea) for supplying bare chassis to Vietnam market.

For more details, please refer to the website: http://www.1-5auto.com.vn/