If the transaction is completed, DNA Holding LLC, chaired by Mr. Trịnh Trung Hiếu—also the Chairman of Hữu Nghị Food’s Board of Directors—will increase its ownership from 51.37% to 56.77%, equivalent to over 17 million HNF shares, maintaining its position as the largest shareholder.
Mr. Hiếu himself currently holds over 11.7 million HNF shares, representing 39.09% of the capital, making him the second-largest shareholder. Thus, post-transaction, the group associated with Mr. Hiếu could raise its total ownership to 95.86% of HNF’s capital.
 Mr. Trịnh Trung Hiếu – Chairman of Hữu Nghị’s Board of Directors
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Notably, the number of shares DNA Holding intends to purchase matches the amount Ms. Thái Lan Anh—sister of Mr. Thái Anh Tuấn, Head of HNF’s Supervisory Board—plans to sell during the same period. If successful, Ms. Lan Anh’s ownership will drop from 5.9% to 0.5%, equivalent to 150,000 shares, removing her from the list of major shareholders. Mr. Tuấn currently holds no shares in HNF.
In the stock market, HNF shares are trading at 33,200 VND per share. Based on this price, the transaction is valued at approximately 54 billion VND. HNF experienced a sharp decline from early April 2025, falling from over 52,000 VND per share to below 29,000 VND per share in early September, before recovering. Compared to a year ago, the stock is still up 32%, but liquidity remains low, averaging only 1,200 shares per session.
| HNF Stock Price Performance Over the Past Year |
Slowed Business Performance in the First Half of the Year
Hữu Nghị, a long-standing confectionery company with an extensive production and distribution network, reported a decline in its 2025 half-year results. Revenue reached just over 730 billion VND, down 10% year-on-year, while net profit fell 38% to under 38 billion VND. The company achieved only 34% of its annual revenue target and 43% of its profit goal.
The company attributed this to machinery upgrades and process improvements aimed at preparing for the next growth phase amid challenging market conditions.
| Hữu Nghị’s Annual Half-Year Business Results |
– 18:16 18/09/2025
