The Congress carried out a number of contents: Approving the 2025 Business Plan Report; approving the audited 2024 Financial Report; approving the Board of Directors' Report on governance and performance of the Board of Directors and each member of the Board of Directors in 2024; approving the Supervisory Board's Report on the company's business results, the Board of Directors' performance in 2024...

At the meeting, member shareholders also heard the self-assessment report on the performance of the Board of Supervisors; the 2024 profit distribution plan of the Board of Directors; the labor use plan, the plan to determine the salary fund, remuneration, and bonuses for the company; the selection of an independent auditor and the approval of the Proposal on additional business lines...

Delegates attending the congress.

According to the management report, the performance of the Board of Directors and each member of the Board of Directors, in 2024, the revenue of X20 Joint Stock Company increased by 40.3% compared to the plan, increased by 25.7% compared to 2023; profit increased by 127.5% compared to the plan, increased by 113.6% compared to 2023, the average income of employees increased by 16.1% compared to 2023. Capital sources are well controlled and improved, especially working capital; capital of owners and shareholders is preserved and promoted well.

In 2024, all activities of the Board of Directors basically complied with the Enterprise Law and the Company's Charter. The Board of Directors performed well its functions in deciding policies and supervising management and operation activities; properly performed its responsibilities and obligations in issuing resolutions as a basis for the Board of Directors to implement.

Lieutenant Colonel Chu Van De, Chairman of the Board of Directors of X20 Joint Stock Company, reported on some contents of the Board of Directors in 2024.

The Board of Directors of the Company has resolutely implemented many solutions to ensure sufficient employment, no shortage of work, no waiting for work, and no reduction in labor due to lack of work. The main plan targets have all been achieved and exceeded the set plan. In particular, the Company's revenue target reached over 1,304 billion VND...

Technical and technological work continues to receive attention and has positive changes. Production technology processes, training in the textile dyeing, printing, defense garment industry, export economy ... continue to be improved and strictly controlled, contributing to stabilizing and improving quality and labor productivity. The company has successfully researched and standardized 2 new fabric samples to increase the supply capacity and serve defense tasks.

The leader of the General Staff of the General Department of Logistics and Engineering gave a directive speech.

In addition, the company also completed the investment and put the factory expansion project at X20 Thai Nguyen into operation, contributing to improving production capacity. Implemented a new investment project for the dyeing and finishing line at X20 Nam Dinh to improve productivity, quality and the ability to meet the increasing demands of the market and customers.

Member shareholders vote to approve some meeting contents.

The Board of Directors of the company has identified the key tasks for 2025 as focusing on thoroughly grasping and organizing the implementation of the Resolution of the General Meeting of Shareholders to ensure the successful completion of all set targets and tasks. Comprehensively organizing and implementing all aspects of work and tasks; focusing all resources and measures to ensure stable employment, no shortage of work; enhancing the initiative in self-guaranteeing the source of goods of member units. Synchronously implementing solutions to improve the effectiveness of governance; promoting investment efficiency, preserving and developing capital; paying attention to preparing sufficient capital for investment activities and production and business tasks...

News and photos: MINH QUANG

    Source: https://www.qdnd.vn/quoc-phong-an-ninh/tin-tuc/cong-ty-co-phan-x20-to-chuc-dai-hoi-co-dong-thuong-nien-nam-2025-834634