15 ELECTRO MECHANIC AND CHEMICALS ONE MEMBER LIMITED LIABILITY COMPANY

15 ELECTRO MECHANIC AND CHEMICALS ONE MEMBER LIMITED LIABILITY COMPANY (CÔNG TY TNHH MỘT THÀNH VIÊN ĐIỆN CƠ HÓA CHẤT 15) is a state-owned enterprise established on 02 August 2010 and registered with the Thai Nguyen Province Department of Planning and Investment. The company operates under Business ID 4600105499 and Tax Identification Number 4600105499. Its head office is located at Thai Son 2 Hamlet, Quyet Thang Commune, Thai Nguyen City, Thai Nguyen Province, Vietnam.

Ownership and Legal Structure

The company operates as a one-member limited liability company and is wholly owned (100%) by the Ministry of National Defence of Vietnam. Charter capital stands at approximately USD 14.44 million, with paid-up capital exceeding USD 14.09 million.

With approximately 1,000 employees, the company is a large-scale industrial enterprise in the state-owned defense and chemical manufacturing sector.

Management and Leadership

The company is led by Mr. NGUYEN A. T., a Vietnamese national (Director). Under centralized state ownership, management operates within the broader framework of national defense industry governance.

Business Activities

The core business includes manufacturing industrial explosives, producing precision mechanical parts and products for fire prevention and protection, and manufacturing packaging such as cartons and wooden crates.

Registered activities also include the manufacture of other chemical products, machining and metal treatment, the manufacture of fabricated metal products, the production of plastic packaging, the manufacture of electrical equipment, and the wholesale of solid, liquid, and gaseous fuels.

The company plays a strategic role in supplying industrial and defense-related materials and participates in broader industrial manufacturing sectors.

Financial Performance Overview

Total assets amount to approximately USD 82.7 million, reflecting a slight contraction compared to prior periods but maintaining a stable asset base overall.

Owner’s equity has steadily increased to around USD 20.3 million, demonstrating gradual capital accumulation and retained earnings growth.

Total sales reached approximately USD 72.4 million, continuing a positive upward trend and reflecting expanding revenue generation capacity.

One of the most critical financial strengths is consistent profitability. Net profit stands at roughly USD 2.87 million, showing stable year-on-year growth and reinforcing operational efficiency.

Working capital improved to about USD 12.35 million, indicating strengthened short-term liquidity and solid working capital management.

Strategic Stability and Growth

15 ELECTRO MECHANIC AND CHEMICALS ONE MEMBER LIMITED LIABILITY COMPANY demonstrates financial stability supported by state ownership, steady profitability, and strong working capital.

With a diversified industrial manufacturing base and a strategic role in chemical and mechanical production, the company maintains a resilient position within Vietnam’s state-owned industrial sector. Continued revenue growth and disciplined capital management will remain central to sustaining long-term operational performance.