New Major Shareholder Joins Chương Dương Corp

According to the Ho Chi Minh City Stock Exchange (HoSE), Ms. Nguyen Thi Kim Hue has reported her status as a major shareholder, holding over 5% of the shares in Chuong Duong Corporation (Chuong Duong Corp, Stock Code: CDC, Listed on HoSE).

Specifically, on November 12, 2025, Ms. Hue purchased 196,400 shares, increasing her holdings from 2,496,629 shares (4.7309%) to 2,693,029 shares (5.1031%), thus becoming a major shareholder of Chuong Duong Corp.

Similarly, Ms. Phung Khanh Ly also reported her status as a major shareholder, holding over 5% of Chuong Duong Corp’s shares.

According to the report, on November 11, 2025, Ms. Phung Khanh Ly successfully purchased 190,000 CDC shares, increasing her holdings from over 3.05 million shares (5.7855%) to over 3.24 million shares (6.1455%).

Earlier, on the same trading day, November 11, 2025, Ms. Dau Hoang Linh successfully purchased 300,000 CDC shares. This increased her holdings from over 2.5 million shares to over 2.8 million shares, raising her ownership from 4.8016% to 5.37%, making her a major shareholder of Chuong Duong Corp.

Conversely, another shareholder of Chuong Duong Corp, Ms. Do Ngoc Mai, sold 100,800 CDC shares on November 5, 2025.

Following the transaction, Ms. Ngoc Mai’s ownership decreased from 5.1714% (over 2.7 million shares) to 4.9804% (over 2.6 million shares), and she ceased to be a major shareholder of Chuong Duong Corp.

In terms of business performance, according to the consolidated financial report for Q3/2025, Chuong Duong Corp recorded a net revenue of nearly VND 289.4 billion, a 23.3% increase compared to the same period last year.

After deducting taxes and fees, the company reported a net profit of over VND 8.2 billion, more than 10 times higher than the same period last year.

According to Chuong Duong Corp’s explanation, the significant profit increase was primarily due to the company having multiple new projects entering the construction phase in the first nine months of 2025, such as the Long Binh Tan Social Housing Project in Dong Nai and Phase 2 of the Long Son International Port. This boosted construction activities. Simultaneously, as projects commenced, the supply of construction materials also grew.

In the first nine months of 2025, Chuong Duong Corp achieved a net revenue of over VND 790.9 billion, an 8.6% increase compared to the same period in 2024; post-tax profit reached nearly VND 12.8 billion, up by nearly 110%.

As of September 30, 2025, Chuong Duong Corp’s total assets increased by 33.6% compared to the beginning of the year, reaching nearly VND 2,680.4 billion. Of this, inventory was nearly VND 918.6 billion, accounting for 34.3% of total assets; short-term receivables were nearly VND 1,043 billion, accounting for 38.9% of total assets.

On the other side of the balance sheet, total liabilities stood at over VND 1,953.9 billion, a 26.1% increase compared to the beginning of the year. Of this, total loans and finance leases were over VND 1,376.1 billion, accounting for 70.4% of total liabilities.