AN CUONG WOOD (ACG) for the 5th time on the list of TOP 10 PRESTIGE CONSTRUCTION MATERIAL COMPANY 2018 - 2022

Recently on April 22, 2022, at Hanoi National Convention Center - Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with VietNamNet Newspaper - Ministry of Information and Communications officially announced Wood An Cuong continues to be a company in the Top 10 prestigious companies in the Construction - Building Materials industry (Construction-Building Materials) in 2022.

Top 10 prestigious Building Material Companies 2020 is the result of independent research by Vietnam Report, built on scientific and objective principles. Reputation of companies is assessed based on research on the influence of financial factors, corporate image in the media and assessment of industry stakeholders, specifically including:

(1) Financial capacity shown on the most recent financial statement;

(2) Media reputation is assessed by Media Coding method - encoding articles about businesses on influential media channels;

(3) Survey of research subjects and stakeholders in the period of 2021 - 2022 is also used as an additional factor to determine the position of enterprises in the industry.

In order to receive this award for 5 consecutive years, An Cuong has always maintained and set goals to expand market share, uphold its commitment to product quality and environmental friendliness. In addition, with the support and companionship of major partners and towards transparency in management thinking, improving corporate culture are the foundations for An Cuong to continue to develop sustainably. .

After a tumultuous year, An Cuong still maintains a growth rate of more than 20%/year in the period 2014 to 2021 and is dominant in the domestic market with 50% market share of industrial wood boards. (medium and advanced). After nearly 30 years of establishment and development, An Cuong Wood Joint Stock Company (An Cuong) is currently a leading company in Vietnam and the region in materials, solutions and furniture made from industrial wood.

Currently, An Cuong owns a factory of more than 240,000m2 which is invested with modern equipment and technology according to European standards to create quality and extremely diverse products to serve the needs of customers. domestic demand as well as export to major markets such as the US, Japan, Australia, Canada... with domestic and export sales up to trillions of dong per year.

By the end of 2021, An Cuong's total assets reached VND 4,983 billion and equity reached VND 3,777 billion. Of which, VND 1,627 billion is cash and short-term financial investment and VND 275 billion is long-term investment. Besides, An Cuong has more than 1,419 billion dong of share capital surplus and more than 1,456 billion dong of undistributed profit after tax.

Besides the Top 10 Building Materials award, earlier this year An Cuong was continuously recognized with a series of other prestigious and prestigious awards such as: National Brand Vietnam Value; CSI Sustainable Enterprises; Top 50 best enterprises in Vietnam (Top 50 Vietnam the Best) voted by Vietnam Report.