FUHONG PRECISION COMPONENT (BAC GIANG) COMPANY LIMITED (CÔNG TY TNHH FUHONG PRECISION COMPONENT BẮC GIANG) is a foreign direct investment (FDI) enterprise specializing in the manufacture of electronic components and boards. The company was officially registered on February 12, 2007, under Business ID 2400373024, and is headquartered in DINH TRAM INDUSTRIAL PARK, NENH WARD, VIET YEN TOWN, BAC GIANG PROVINCE, VIETNAM. It operates as a one-member limited liability company and is fully owned by GLORY STAR INVESTMENTS LIMITED, a company registered in Samoa.

KEY PERSONNEL AND OPERATIONS

FUHONG PRECISION COMPONENT (BAC GIANG) COMPANY LIMITED is led by MR. CHUANG, TZU-YI, who serves as both Chairman and General Director. The company has a workforce of 8,400 employees and plays a significant role in VIETNAM’s electronics manufacturing sector.

FINANCIAL PERFORMANCE

As of December 31, 2023, FUHONG PRECISION COMPONENT (BAC GIANG) COMPANY LIMITED reported:

• Total assets: USD 938.61 million (22.17% decrease from 2022)
• Total sales: USD 1.43 billion (22.22% decline from 2022)
• Net profit: USD 30.48 million (42.63% decrease from 2022)
• Owner’s equity: USD 390.81 million (8.46% increase from 2022)

While FUHONG PRECISION COMPONENT (BAC GIANG) COMPANY LIMITED experienced a decline in sales and profit, its owner’s equity and net worth showed positive growth. The company maintains a strong capital base, with a charter capital of USD 113.48 million and a paid-up capital of USD 112.91 million.

CORE BUSINESS ACTIVITIES

FUHONG PRECISION COMPONENT (BAC GIANG) COMPANY LIMITED specializes in:

• Manufacturing and trading semi-electronic products and plastic molds
• Research and development of electronic products
• Manufacture of consumer electronics and communication equipment
• Repair of electronic and optical equipment
• Retail and wholesale of electronic and telecommunications equipment
• Casting of iron and steel components for electronic applications

With factories located in QUANG CHAU INDUSTRIAL PARK, VIET YEN TOWN, BAC GIANG PROVINCE, the company benefits from VIETNAM’s rapidly growing electronics sector, serving major clients in the global supply chain.

BUSINESS VERIFICATION AND CREDIT REPORTS

For businesses seeking company credit reports, risk management services, and business verification services, VANGUARD BUSINESS INFORMATION LLC (VBI) provides detailed and reliable insights. Companies looking to partner with FUHONG PRECISION COMPONENT (BAC GIANG) COMPANY LIMITED can use VBI’s servicesto assess financial health, credibility, and business risk factors before making investment or trade decisions.