AN CUONG ANNUAL REPORTS 2024

ANNUAL REPORT 2024

TOGETHER IN BELIEF, LEADING IN INNOVATION

192

193

Notes to the consolidated Financial statements as at 31 December 2024 and for the year then ended

Corporate information An Cuong Wood - Working Joint Stock Company (“the Company”) is a joint stock company incorporated under the Law on Enterprise of Vietnam pursuant to the Enterprise Registration Certificate (“ERC”) No. 3700748131 issued by the Department of Planning and Investment of Binh Duong Province on 20 September 2006, and subsequently amended ERCs, with the latest being the 34th amended ERC dated 16 May 2024.

Corporate structure As at 31 December 2024 and 31 December 2023, the Group’s structure includes 2 (two) directly owned subsidiaries, 1 (one) indirectly owned subsidiary and 1 (one) associate as follows:

AN CUONG WOOD - WORKING JOINT STOCK COMPANY

3700748131 Business Registration number

Issuing date 20/09/2006

31 December 2024 and 31 December 2023

Ownership %

Voting right %

Name

Location

Business activities

Listed on The Ho Chi Minh Stock Exchange (“HOSE”)

The Company’s shares coded ACG were listed on the Ho Chi Minh Stock Exchange (“HOSE”) in accordance with the Decision No. 585/QD-SGDHCM signed by the Deputy General Director of HOSE on 25 August 2022. The current principal activities of the Company and its subsidiaries (“the Group”) are to manufacture and trade wooden household, industrial wooden items, artificial boards, interior decoration, kitchen equipment and other wooden related products; provide installation services. The Company’s registered head office is located at Land lot No. 681, Map No. 5, DT 747B Street, Phuoc Hai Town, Thai Hoa Ward, Tan Uyen City, Binh Duong Province, Vietnam and commercial representative office is located at No. 98, Commercial Borey Chip Mong Landmark 271, Prek Ta Kong, Chak Angrae Leu, Mean Chey, Phnom Penh, Cambodia. The normal course of business cycle of the Group are 12 months.

Directly owned subsidiaries

An Cuong Wood – Working Manufacturing

Manufacture and trade wooden products

Binh Duong Province

Stock code

100

100

ACG

Company Limited Malloca Vietnam Company Limited

Trade Malloca – brand kitchen appliances

Ho Chi Minh City

100

100

Indirectly owned subsidiary

Wholesale and retail of interior and interior decoration

The number of the Group’s employees

AConcept Vietnam Company Limited (*)

Ho Chi Minh City

100

100

at 31 December 2024 2,465 31 December 2023 2,633

Associate

Trade real estate and develop residential projects

Thang Loi Homes Joint Stock Company

Long An Province

30

30

(*) AConcept Vietnam Company Limited is a subsidiary of Malloca Vietnam Company Limited.

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