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1990

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ESTABLISHMENT

  • Electrical Engineering Equipment Joint Stock Corporation, currently known as Vietnam Electrical Equipment Joint Stock Corporation, was established under Decision No. 237 QD/CNNg-TCNS on July 10th, 1990 of Ministry of Heavy Industry (Now Ministry of Industry and Trade).
  • Major business: Production, service and direct import – export of electrical equipment, electrical engineering materials.
  • Total charter capital: VND 177 billion.
2006

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ADJUSTED STRUCTURE

  • Transformed into Parent Company – Subsidiaries Model under the Decision No.127/2006/QD-BCN on August 2nd, 2006 of Ministry of Industry and Trade.
  • Major business: Import and export of electrical equipment and materials, industrial and civil electrical spare parts; Designing, manufacturing, trading and repairing electric measuring and counting equipment; Real estate, hotel services, tourism and offices for rent.
  • Total charter capital: VND 500 billion.
2010

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EQUITIZATION

  • Implemented equitization in accordance with Decision No. 1422/QD-TTg dated 10/08/2010 by the Prime Minister.
  • Renamed as Vietnam Electrical Equipment Joint Stock Corporation; registered trademark logo protection
  • Total charter capital: VND 1,400 billion.
2015

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OWNERSHIP STRUCTURE TRANSITION

  • Revenue: VND 8,382 billion.
  • Profit before tax: VND 574 billion.
  • Charter capital was raised up to VND 1,550 billion
  • 10/2015: Transacted on UPCOM – HNX.
2017

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OPERATION EXPANSION

• Revenue: VND 11,984 billion.
• Profit before tax: VND 1,658 billion.
• Charter capital was raised up to VND 2,668 billion.
• Expansion of business areas:
– Energy field (establishing Gelex Energy One-member Limited Company);
– Logistics field (M&A South Logistics Joint Stock Company – SOTRANS);
– Pure Water field (M&A of Song Da Water Investment Joint Stock Company).

2018

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REORGANISATION

• Revenue: VND 13,699 billion.
• Profit before tax: VND 1,533 billion.
• Charter capital: VND 4,065.6 billion.
• 18/01/2018: Traded on Ho Chi Minh Stock Exchange (HOSE) – GEX code.
• Operation under the model of a corporation, focusing on 2 areas: Industrial production (electrical equipment) and Infrastructure (electricity – water – logistics – real estate).

2019

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CORE AREAS DEVELOPMENT

• Revenue: VND 15,315 billion.
• Profit before tax: VND 1,102 billion.
• Charter capital: VND 4,882 billion.
• Investment focused on:
– Industrial production (manufacturing and trading electrical equipment);
– Infrastructure (electricity production, pure water and office real estate).

2020

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ENHANCING CORE FIELDS PRODUCTION CAPACITY

• Target revenue: VND 19,600 billion.
• Target profit before tax: VND 975 billion.
• Core business development:
– Industrial production (electrical equipment and construction materials);
– Infrastructure (electricity and pure water production, investment in the development of industrial zones and ecosystems around the industrial parks).


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Hội đồng quản trị

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Chairman of GELEX Corporation

NGUYEN HOA CUONG

Born: 1961

Experience: Mechanical Engineering, Master of Business Administration

Vice chairman of GELEX Corporation

NGUYEN TRONG TIEU

Born: 1959

Experience: Electrical Engineering, Bachelor of Economics

Vice chairman of GELEX Corporation

NGUYEN TRONG HIEN

Born: 1976

Experience: Bachelor of Economics of International Trade, Master of Business Administration

Vice chairman of GELEX Corporation

LUONG THANH TUNG

Born: 1978

Experience: Construction Economics Engineer

Board Member and CEO of GELEX Corporation

NGUYEN VAN TUAN

Born: 1984

Experience:

Independent Board member of GELEX Corporation

VO ANH LINH

Born: 1980

Experience: Bachelor of Accounting and IT, Master of Banking and Finance

Chairman of GELEX Corporation

NGUYEN HOA CUONG

Born: 1961

Experience: Mechanical Engineering, Master of Business Administration

Vice chairman of GELEX Corporation

NGUYEN TRONG TIEU

Born: 1959

Experience: Electrical Engineering, Bachelor of Economics

Vice chairman of GELEX Corporation

NGUYEN TRONG HIEN

Born: 1976

Experience: Bachelor of Economics of International Trade, Master of Business Administration

Vice chairman of GELEX Corporation

LUONG THANH TUNG

Born: 1978

Experience: Construction Economics Engineer

Board Member and CEO of GELEX Corporation

NGUYEN VAN TUAN

Born: 1984

Experience:

Independent Board member of GELEX Corporation

VO ANH LINH

Born: 1980

Experience: Bachelor of Accounting and IT, Master of Banking and Finance

Đối tác chiến lược


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