On May 18 to 20, EuP Group successfully organized the 2024 Annual General Meeting of Shareholders. This event is not only an opportunity to look back on the achievements achieved in the tumultuous year 2023, but It is also an opportunity for shareholders and the Board of Directors to together shape the future of the corporation.
1. 2023: A year full of challenges and great strides.
2023 is considered a challenging year for EuP Group as the business faces a general economic recession, escalating raw material prices, as well as fierce competition from competitors in the industry. However, thanks to the wise leadership of the Board of Directors and the spirit of solidarity and continuous efforts of all employees, EuP Group has overcome challenges, maintaining production and business activities, and achieved encouraging results.
In particular, the inauguration of the first factory in Egypt marked an important step in the Group's international market expansion strategy. From here, EuP can provide raw material solutions to thousands of customers around the world at the most competitive prices, contributing to promoting the stability and sustainability of the global plastic supply chain.
2. Shareholders' Meeting: Engagement, transparency and future orientation
EuP Group's 2024 Annual General Meeting of Shareholders is not only a normal event, but also has an important meaning in connecting the Board of Directors and shareholders. The event attracted the participation of a large number of shareholders, expressing their interest and belief in the corporation’s development.
One of the highlights of the congress is a tour of EuP Group's factory system in Yen Bai province, including EuroStark, EuP Yen Bai, YBM, Polyfill Yen Bai and Abbey VN factories. This tour helped shareholders have a more intuitive and in-depth view of the Group's scale of operations, production technology and competitiveness.
Within the framework of the meeting, shareholders discussed and approved the 2025 business plan as well as the development orientation of EuP Group in the next 3-5 years. The business plan focuses on boosting production, expanding markets, investing in research and development of new products, and focusing on sustainable development and social responsibility.
3. Determination of the Board of Directors
Speaking at the Congress, Mr. Hoang Quoc Huy, Chairman of the Board of Directors of EuP Group, sent sincere thanks to shareholders who have always trusted and accompanied the Group. At the same time, he also emphasized EuP's determination to promote production, expand business scale, and realize the vision of sustainable development.
4. Future expectations
With achievements and clear development orientation, EuP Group is firmly on the path to becoming a dynamic multi-industry corporation, not only in Vietnam but also in the international arena.
The 2024 Annual General Meeting of Shareholders has affirmed the solidarity, consensus and determination of all employees and shareholders in building a strong EuP Group, developing sustainably and making positive contributions. to the prosperity of the country.