SHIN HEUNG DONG NAI CO.,LTD

SHIN HEUNG DONG NAI CO., LTD, officially known in Vietnamese as Công Ty TNHH Shin Heung Đồng Nai, is a fully foreign-invested company specializing in the manufacture of electronic components for televisions and washing machines. The company was established on October 31, 2016, under tax code 3603417737, registered with the Dong Nai Province Department of Planning and Investment. It is headquartered at Lot K, Road N3, Loc An - Binh Son Industrial Park, Long An Commune, Long Thanh District, Dong Nai Province, with a secondary facility in Dai An Industrial Park, Hai Duong Province.

Led by General Director Mr. Cho Seung Rae, a South Korean national, the company employs around 1,200 workers and operates as a vital link in the regional supply chain for global electronics brands. SHIN HEUNG DONG NAI is backed by multiple Korean shareholders, including Shin Heung Electronic Co., Ltd (49%), and individual investors Mr. Jung Yoosurk and Mr. Jung Woosurk, each holding 25.5%.

In 2023, the company reported USD 119.1 million in revenue, representing a 29% increase compared to the previous year. This significant growth in sales reflects strong demand recovery and market expansion. Despite a drop in profit to USD 6.81 million—down by 28% from 2022—the company remains financially solid. Total assets reached USD 72.6 million, while owner's equity rose to USD 42.07 million, marking a steady build-up in retained earnings and investment value. Working capital was negative at USD -1.3 million, a manageable shortfall in the context of rapid operational growth.

The company is involved in a broad range of registered business activities, including plastic manufacturing, metal casting, and specialized wholesale, enhancing its capacity to support upstream and downstream sectors in Vietnam’s industrial ecosystem. With strategic facilities in both the south and north of Vietnam, SHIN HEUNG DONG NAI is well-positioned to serve international customers looking for consistent, large-scale electronics production in Southeast Asia.

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