AN TIEN INDUSTRIES JOINT STOCK COMPANY

AN TIEN INDUSTRIES JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN AN TIẾN INDUSTRIES) is a key player in Vietnam’s plastic and industrial materials supply chain. Headquartered in the Southern Industrial Park, Van Phu Commune, Yen Bai City, the company operates at the intersection of raw material innovation and downstream product distribution. Established on October 1, 2009, the company has become a recognized name under the stock symbol HII, officially listed on the Ho Chi Minh Stock Exchange (HOSE). It operates under Tax Identification Number 5200466372and is registered with the Yen Bai Department of Planning and Investment.

As of March 2024, AN TIEN INDUSTRIES JOINT STOCK COMPANY maintains a charter capital of USD 30.26 million, all fully paid-up, and employs a workforce of 482 personnel, including employees at its subsidiaries and regional offices. Its production portfolio centers on Anphat Calbest, a specialized plastic additive compound made from PE and PP blended with calcium carbonate (CaCO₃), serving both domestic and export markets. The company also manufactures CaCO₃ powder and engages in the trade of plastic beads such as PP, PE, PS, ABS, PET, and PVC—commodities essential for Vietnam's growing packaging and construction industries.

The company is chaired by Mr. Nguyen Trung Kien, with Mr. Ngo Van Thu serving as General Director and Ms. Nguyen Thi Thu Nhan as Chief Accountant. The executive leadership reflects a combination of manufacturing experience and capital market awareness, supported by operational hubs in Hanoi and Ho Chi Minh City, allowing the company to manage both northern and southern logistics efficiently.

However, AN TIEN INDUSTRIES JOINT STOCK COMPANY faces a significant transparency challenge: as of the latest report, no financial data—revenues, assets, profits, or equity—was publicly disclosed for 2023 or Q1 2024. For a publicly traded company, this lack of disclosure is unusual and could raise red flags for investors, analysts, and regulators. Whether this reflects a delay in audit finalization, a strategic withholding of negative performance, or corporate restructuring remains unclear. In an era of ESG transparency and investor scrutiny, silence from the boardroom can often speak volumes.

The company's ownership is dominated by An Phat Bioplastics Joint Stock Company, which holds a controlling stake of 54.85%. This parent-subsidiary relationship raises questions about independent governance and profit allocation, especially when market pressures call for operational agility and boardroom independence. Various public shareholders hold the remaining 45.15%, although detailed breakdowns remain limited to public stock disclosures.

AN TIEN INDUSTRIES JOINT STOCK COMPANY operates in an increasingly competitive and politically sensitive sector. The global crackdown on plastic waste, Vietnam’s national roadmap to reduce single-use plastics, and mounting anti-dumping pressures from international markets all put stress on local plastic manufacturers. While the company has demonstrated technical capability and branding through its Anphat product line, its future will depend on how it adapts to material innovation, compliance, and market diversification.

For banks, institutional investors, and international trade partners evaluating their exposure to the Vietnamese plastics sector, Vanguard Business Information LLC (VBI) provides detailed company reports on AN TIEN INDUSTRIES JOINT STOCK COMPANY. These reports include financial performance analysis, shareholder disclosures, and risk assessments—especially important in sectors where environmental policy and regulatory shifts could redefine long-term viability.