AN CUONG ANNUAL REPORTS 2024

ANNUAL REPORT 2024

TOGETHER IN BELIEF, LEADING IN INNOVATION

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Stakeholders Engagement An Cuong actively engages with stakeholders through continuous consultation and transparent dialogue. Stakeholder needs and concerns are systematically gathered, analyzed, and prioritized. Action plans are then tailored to address these requirements, ensuring alignment with sustainable development objectives and driving meaningful outcomes.

Stakeholder

Communication Channels Frequency of engagement

Key concerns in 2024

Actions taken by An Cuong

Employees

Workplace environment, relationships with colleagues and higher levels; Opportunities for promotion and career development Welfare policies, salaries, bonuses, and employee health protection policies Training and development policies

An Cuong has consistently improved and updated our salary, bonus, and employee welfare policies. Regular performance evaluations were conducted for all staff. An Cuong Academy is designed to provide employees with timely knowledge and essential work skills. The Company collaborated with third parties to organize specialized training sessions for its employees. 360-degree evaluations have been implemented to gather employee feedback on leadership and management. Internal, charitable, and social activities were regularly conducted throughout the year to strengthen team spirit and cohesion among staff. New product collections were continuously introduced throughout the year. Make Your Space application and Online Catalogue have been launched to provide customers with an enhanced experience. Creative Hubs by An Cuong have been introduced as a space for sharing and interior design creativity for customers and partners. An Cuong has offered products meeting formaldehyde emission standards (E0, E1, E2), certified by UL GreenGuard and UL GreenGuard Gold—ensuring products are rigorously tested and comply with stringent chemical emission criteria. An Cuong’s dedicated product inspection teams are available to support quality control at customer sites or residences upon request. An Cuong organized training sessions for distributors and agents on sales consultation, provided supports in sales activities and customer service. An Cuong strengthened partnerships through appreciation events and CSR activities.

Internal communication

Continuously

Periodic events

Quarterly/Annually

Periodic surveys

Quarterly

Other communication channels (Suggestion box, internal communication app)

Continuously

Clients/Partners and Consumers

Product and service quality Health-friendliness and safety for consumers

Direct communication in showrooms and distributors

Daily

Customer Service center

Daily

Website/ Social Media platforms

Continuously

Mass media channels

Continuously

Customer surveys

Daily

Commitment to partnership efficiency Balancing and aligning mutual interests Information confidentiality Sustainable partnership

Suppliers/Business Partners

Periodic meetings

Continuously

Other channels (email/phone)

Continuously

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