On December 15th, 2020, Vietnam Electricity and the Joint Venture: Truong Son Construction Corporation – Construction Joint Stock Company 47 – Lilama Joint Stock 10 oganised a signing ceremony for Construction Package 1XL-HB “Construction and Installation of Hoa Binh hydropower Plant Expansion Project”.

Attending the signing ceremony, regarding the leader of the State Capital Management Committee at the enterprise, there were Mr. Ho Sy Hung – Vice Chairman of the Committee; The leaders of Vietnam Electricity were Mr. Duong Quang Thanh – Secretary of the Party Committee, Chairman of the Board of Members of the Group, Mr. Tran Dinh Nhan – Deputy Secretary of the Party Committee, Member of the Board cum General Director, Mr. Pham Hong Phuong – Member of the Party Committee, Deputy General Director of the Group; Mr. and Mrs. of the Department of Energy, State Capital Management Committee, Leaders of the Departments of Vietnam Electricity, Leaders of Power Project Management Unit 1.

In terms of Construction Joint Stock Company 47, there were Mr. Le Trung Nam – Chairman of the Board, Mr. Duong Minh Quang – Member of the Board cum General Director and other representatives of Board of Management, Board of Directors, Managers, Deputy Managers from varied deparments of CC47.

The Prime Minister has approved the Pre-feasibility Study Report concerning the Hoa Binh Hydropower Plant Expansion Project. The Vietnam Electricity is the employer and assigned the Power Project Management 1 as an investor’s representative. The project has a total capacity of 480MW, including 2 plant units, each with a capacity of 240 MW. The average annual power output is about 488.3 million kWh / year. After being completed and put into operation, it will bring about efficiency: Increase the capacity for the national power system, maximize the exploitation of the annual discharge of excess water in the flood season of the existing Hoa Binh hydropower plant to generate electricity; Improve frequency regulation and stability capacity of the national power system; contribute to cost reduction of the system; Reduce the working intensity of the existing units, thereby prolonging the life of the equipment, saving maintenance and repair costs.

Package 1XL-HB “Construction and installation of the Hoa Binh hydropower plant expansion project” is the largest package of the entire project with the value of the package up to more than 3,100 billion VND, with complicated surroundings conditions, location on the heart of the city, the wide scope of construction volume. Components of the scope of work range from construction of hydroelectric works, construction of two water tunnels and installation of all powerhouse equipment and penstocks. This package has an important influence on all other bidding packages, deciding the overall progress of the project.

On December 5, 2020, Vu A Dinh Scholarships, “ For Truong Sa – Hoang Sa” Club  in cooperation with Ho Chi Minh Television (HTV) organised the program, known as “Spring Journey from the forest to the sea”. The program is held with the aim of summarising the activities of Vu A Dinh Scholarships  and “For Truong Sa – Hoang Sa” Club in 2020; presenting Vu A Dinh rewards for 10 organisations and 20 individuals with outstanding performances, creative ideas, scientific researches, and beneficial projects for residents in highlands, borders, and islands; presenting Tet gifts for People’s Committee of Khanh Hoa District – Khanh Hoa Province, High Command of Navy, Vietnam Coast Guard, Command of Region 2 Navy, and fishserman with difficult financial conditions…

Representatives of CC47 joining the program included: Mr. Le Trung Nam – Chairman of the Board, Mr. Pham Nam Phong – Vice Chairman of the Board, Mr. Ta Nam Binh – Member of the Board cum Head of Internal Audit Supervisory Board, and Mr. Truong Nhat Quang – Advisor of the Management Board.

The program created the opportunities for Units, Companies, Individuals, Philanthropists nationwide and worldwide to contribute and sponsor for projects such as “ Nurture the future, Support the dreams, Light up passions,…”, which Vu A Dinh Scholarships and “For Hoang Sa – Truong Sa” Club conducted and is conducting to maintain, invest and develop the young human resources in highlands, sea, islands.

Construction Joint Stock Company 47 (Stock code: C47) has successfully held the Extraordinary General Meeting 2020 at Building C47 – No.08 Bien Cuong street, Quy Nhon city, Binh Dinh province on November 8, 2020 for getting the approval of the following key issues: Amendment of the organization and operation charters and (Proposal No.1); Issuance of the convertible bonds as per the individual protocol (Proposal No.2), and Revision of Resolution of the Annual General Meeting 2020 (Proposal No.3).

The Meeting was held with participation of 37 shareholders who owned and represented for 10,000,502 shares, equivalent to 58.76% of total voting-shares. Attending at the Meeting, for the Company there were Mr. Truong Nhat Quang – Board Advisor, Mr. Le Trung Nam – Chairman of the Board, Mr. Pham Nam Phong – Vice Chairman of the Board, Mr. Duong Minh Quang – Member of the Board cum General Director, Mr. Nguyen Huu Hai – Member of the Board cum Deputy General Director, Mr. Vo Trong Hieu – Member of the Board and Deputy Head of Internal Audit Committee and Mr. Bui Van Tuynh – Member of the Board.

At the Meeting has discussed, voted and passed with a high rate of consensus (100%) for the key issues proposed by the Board to the Shareholders’ General Meeting and assigned to the Board, the General Director to conduct the next process.

 

Shareholders participating in voting.

 

On 3^rd Oct 2020, Mr. Le Trung Nam – the Chairman of Board of Management of Construction Corporation 47, visited and presented gifts to honor employees and officers working at Dong Mit Reservoir construction site ( An Lao District, Binh Dinh Province). Accompanying Mr Le Trung Nam were Mr. Truong Nhat Quang – the Consultant of the Board of Management, and Mr. Duong Minh Quang – A member of the Board of Management cum General Director attended the above hornoring and gift-giving ceremony.

At the meeting with employees on the site, Mr. Le Trung Nam acknowledged and praised the spirit of the employees who have made great efforts, overcome all difficulties, hardships and worked both day and night to complete important milestones of the flood-overcoming plan in 2020.