CONFERENCE SUMMARY OF WORK IN 2021 AND IMPLEMENTATION OF 2022 BUSINESS PLAN

On the morning of January 6, 2022, SCIC Investment Company Limited (SIC) held a conference to summarize the work in 2021 and deploy the business plan for 2022.

Attending the conference were comrade Le Song Lai - Member of the Party Standing Committee, Deputy General Director of the State Capital Investment and Trading Corporation (Corporation), Party Cell Secretary, Chairman of the SIC Member Council; Comrade Nguyen Anh Tung - Head of Investment Committee 2 of the Corporation and the representatives of the Corporation and the entire Board of Directors, officers, party members, and workers of SIC .

Photo: Comrade To Xuan Thanh - Deputy Secretary of the Party Cell, Member of the Board of Directors, Director of SIC gave the opening speech of the conference

Photo: Comrade Nguyen Thuy Linh - Deputy Director of SIC presented the summary report at the Conference

In 2021, SIC's revenue will reach 143.57 billion VND, equal to 131% of the 2021 plan. SIC's pre-tax and after-tax profits will reach 119.54 billion VND (148% of the plan) and 104.66 billion VND (153% of the plan) and 104.66 billion VND (153% of the plan) respectively. % Compared with the plan).

SIC's investment divestment has been implemented in accordance with the law, ensuring publicity, transparency, achieving high efficiency, preserving and developing state capital. Specifically, SIC has successfully divested capital from MIPEC Port Joint Stock Company (MPC). The capital sale was completed in December 2021 with a profit margin of 27%.

Regarding the implementation of business investment activities, the Company's research on investment opportunities continues to be focused on. The units have accessed information and screened many project investment opportunities.

In addition, in 2021, SIC has focused on promoting the work of researching, completing and promulgating Investment Regulations (amended) and submitting for approval SIC's Operational Strategy for the period 2021-2025 to clearly define the SIC's direction, criteria and investment fields in the coming time. In 2022, SIC proposes to increase charter capital to 2,000 billion VND. SIC expects revenue and profit after tax for 2022 to be 122 billion VND and 80.03 billion VND, respectively.

Photo: Comrade Le Song Lai - Member of the Party Standing Committee, Deputy General Director of SCIC and Chairman of the SIC Board of Directors gave a directive speech at the Conference

Speaking at the Conference, Mr. Le Song Lai - Chairman of SIC's Board of Directors acknowledged and appreciated the efforts of SIC's leadership and staff in overcoming difficulties and overcoming challenges. , successfully complete assigned tasks; actively contributing to successfully implementing the tasks assigned to SIC by the Corporation in the context of the global economy in general and the Vietnamese economy in particular being heavily affected by the Covid-19 epidemic. In addition, the Chairman also stated clearly the things that need to be improved and enhanced such as building detailed work plans and seizing financial investment opportunities in line with the stock market. SIC needs to improve the Company's institutional capacity, operational apparatus and human resources to perform well its assigned tasks.

Photo: Comrade Nguyen Anh Tung - Head of Investment Committee 2 - SCIC speaking at the Conference

Also at the Conference, Mr. Nguyen Anh Tung - Head of Investment Committee 2 of the Corporation said that SIC's business investment activities need to continue to be focused and expanded with clearer orientation, focusing on projects feasible project, creating an important preparation step to further promote the Company's project investment activities in the coming time. At the same time, the Company conducted research on investment opportunities in a number of projects and cooperated with a number of businesses assigned by the Corporation.

On behalf of the SIC leadership and staff, comrade To Xuan Thanh thanked the Corporation's leaders for their attention and affirmed that the SIC team will unite and unanimously perform the assigned tasks well. 2022 and strongly deploy SIC's operating strategy that will be approved by the Corporation in 2022, promoting high to keep up with achievements to celebrate SIC's 10th anniversary.

Photo: SIC Board of Directors launched the 2022 emulation at the Conference