Since 2006, The Corporation has a fixed crop, the Sales proceeds growths year-by-year, and expressive increasing in 2009, the percentage of crop is 11-23% and dramatically growth to 40% in 2009. It is a prospective crop draw of THE COMPANY. Currently, The Corporation has promoted the comlie of a new circumstanceory in the Lien Chieu Industrial Zone out- cause Da Nang City after a while the aggregate parts of 15. 2 pet works of all kinds of exhausts and tubes. The corporation allure way the popular circumstanceory in Da Nang City to Lien Chieu according to the city's infrastructure device.
The consummate investment for this device is prepared to be VND129 billion, in which Da Nang example allure stay VND15 billion and the corporation allure feel to manipulate VND114 billion. The Corporation delineations to borrow VND90 billion and use the corporation instrument to finance the quiet. This wayment is not reasonable corresponding to the example prudence but to-boot the paraphrase of origination. The new circumstanceory allure enfold the popular aggregate generous parts of The Corporation which is now environing 12. 5 pet works of all kinds of exhausts and tubes.
Of conduct the paraphrase and wayment allure be implemented on way until 2012. Regarding the radial exhaust circumstanceory which has been tardy since ultimate year, The Corporation finally put the employment out to effeminate and they delineation to set-out edifice the delineationt by the end of September 2010. The delineationt allure absorb VND2. 99 trillion and is expected to be operational from FY2011 after a while an annual parts of 600,000 exhausts per year. Perhaps the reasons for the relapse are the circumstance that the traffic for radial ply exhausts in Vietnam is stagnant underdeveloped. Therefore edifice the delineationt is a fairly big gamble for The Company.
Get the timing injustice and it could agonize them although they do delineation to ship-produce 40% of the primal origination run3. Longer message of conduct it gives them a leap on the competitions. Currently, ship-produce turnover accounts for barely 4. 1% of aggregate proceedss. Once this device is accomplished, it allure growth the generous parts for exhausts by 60-70%, from 800,000 popularly to 1. 4 pet exhausts per year now. The Corporation is a favourable corporation of Vietnam Chemicals Corporation (VINACHEM), after a while over than 30 years experiment in rubber industrial opportunity.
The Corporation has created the zealous lie in the rubber traffic. In the popular period, The Corporation ranks 5th in the Chemical perseverance, and the 2nd corporation in the exhaust manufacturing companies. Especially, The Corporation is the pioneer in the traffic of automobile and tractor exhausts origination. Traffic divide reachs to 35%, to assimilate to the 15% barely of the 2nd creator The Company's works involve exhaust & tube for automobile, motorbikes and bicycles. The elder sales conclude from automobile limb; it contributes 87% of the aggregate Sales proceeds.
Below chart is the Sales gift by work limb Bii?? u di?? Sales breakdown o slide 5/Presentation refine The Corporation targets at private dispose-of traffic after a while a nationwide means of 75 agencies in 64 provinces. 75% of corporation's aggregate sales concludes from dispose-ofers through this private dispensation means. TMT, Truong Hai (KIA) and Huyndai - Vinamotor are the strategic Clients of The Company, all of them are the big mark call of the automobile constellation Companies. This private wholesales contributes 15% of the aggregate.
The Corporation to-boot extends the oversea traffic after a while the sales proceeds by 15% of aggregate Sales, their works are ship-produceed to 27 countries, such as: India, Argentina, Hong Kong, Indonesia, Singapore, Brazil and Chile. After a while these works and gift, the corporation has gained divers worthy prizes such as : the primeval dispose drudge wreath, the avoid dispose drudge wreath, the third dispose drudge wreath, ISO 9001:2000, Sao vang dat Viet and the top ten of Vietnamese mark call in 2005, 2006... etc.