AN CUONG ANNUAL REPORTS 2024

ANNUAL REPORT 2024

TOGETHER IN BELIEF, LEADING IN INNOVATION

216

217

Short-term loans

Detailed movements of loans are as below:

Drawdown in the year VND

Beginning balance VND

Repayment in the year VND

Ending balance VND

706,566,540,805

2,275,486,850,599

(2,254,044,438,179)

728,008,953,225

Loans from banks

Details of short-term loans from commercial banks for the purpose of financing capital requirements are as follows:

Description of collateral (Notes 5, 6, 11, 12, 13 and 14)

Interest rate %p.a.

Ending balance VND

Principal and interest repayment term

Name of banks

Joint Stock Commercial Bank for Foreign Trade of Vietnam (“Vietcombank”)

From 3 January 2025 to 30 June 2025

Short-term bank deposit contracts of VND 170 billion; Debt collection right of VND 93 billion; Inventories of VND 239 billion; Land use rights and assets belonged to land plot No. 218 and No. 818 located in Thai Hoa Ward, Tan Uyen City, Binh Duong Province

3.0% - 3.7%

311,010,929,945

3.4% - 3.5%

243,052,358,791

From 13 January 2025 to 14 April 2025

Vietnam Joint Stock Commercial Bank for Industry and Trade (“Vietinbank”)

Machinery and equipment with carrying amount of VND 2,803,916,765. Debt collection right of VND 410 billion; Land use rights and assets belonged to land plot No. 441 and No. 820 located in Thai Hoa Ward, Tan Uyen City, Binh Duong Province;

Shinhan Bank (Vietnam) Ltd. (“Shinhan”)

173,945,664,489

From 9 January 2025 to 18 March 2025

Short-term bank deposit contracts of VND 95 billion

3.3% - 3.5%

728,008,953,225

TOTAL

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