Introduction

VNECO2 Electricity Construction JSC (VE2) is engaged in the construction and engineering industry. VE2 is involved in the construction of electricity structures, including hydropower plants, transformer stations and power transmissions lines. VE2 is based in Nghe An, Vietnam. The company is listed on Hanoi Stock Exchange.

Business sector

  • Constructing power works (power grid and transformer station up to 500KV, power source);
  • Building civil, industrial, transport, irrigation works, urban technical infrastructure,
  • Manufacturing and trading building material (Block, Terrazzo, Daramic bricks) and cement products;
  • Exploiting stone;
  • Processing, manufacturing materials and accessories for electric works;
  • Manufacturing mechanical equipment, steel pile;
  • Trading electric material and equipment;
  • Doing experiment on electric equipment and accessories during construction process;
  • Providing investment and construction consultancy (including investment project preparation and evaluation, advisory on project management);
  • Providing consultancy on construction project survey;
  • Investing, trading house; providing real estate services;
  • Trading products for interior and exterior decoration;
  • Providing consultancy on project design and planning;

History

Date of incorporation 28/06/1990
Certificate of registration number 2900559122
Date of issue 24/06/2022
Capital 21,588,800,000
Tax Code 2900559122
Sectors & Industries Construction & Materials > Heavy Construction

  • VNECO2 Electricity Construction Joint Stock Company was previously known as Electric Grid Construction and Design Center, found under Decision No. 1890 XLD3/P6 dated June 28, 1990 of Electricity Construction Company No 3.
  • On June 30, 1993, the Ministry of Energy (now known as the Ministry of Trade) issued Decision No. 567 NL/TCCB-LD on the establishment of Electricity Construction and Material Enterprise under Electricity Construction Company No 3.
  • Electricity Construction and Material Enterprise was transformed into Electricity Construction Company Joint Stock Company No 3.2 under Decision No. 159/2004/QD-BCN dated Dec 06, 2004 of the Ministry of Industry with initial charter capital of VND 5.200.000.000
  • Electricity Construction Company Joint Stock Company No 3.2 was renamed to Northern Electricity Development and Investment Joint Stock Company No.2  (VNECO 2) according to the Resolution of the 2006 Annual Shareholders’ Meeting.
  • In Feb 2007, charter capital was adjusted to VND 11.700.000.000.
  • In Mar 2008, charter capital was adjusted to VND 18.611.410.000.
  • On Jul 21, 2010, the Ha Noi Stock Exchange officially admitted the company’s trading on the exchange (Stock code: VE2, listing volume: 1.861.141 shares). The first trading date was on Jul 26, 2010.
  • In Jul 2012, the company's charter capital was adjusted to VND21,588,800,000.

Listing information

Date of listing 24/06/2022
Stock exchange UPCOM
Par Value 10,000
Initial Listing Price 6,500
Listing Volume 2,158,880
Total Listing Value 21,588,800,000

Management team

Phan Hải Nam Chairman of the Board of Directors
Phan Thúy Phương Members of the Board
Lê Minh Đức Members of the Board
Nguyễn Thị Nguyệt Hà Members of the Board
Nguyễn Ngọc Thọ Members of the Board
Chung Việt Hà Board of internal controllers
Trần Phan Bích Duyên Member of the Board of Internal controllers
Nguyễn Đẩu Hào Member of the Board of Internal controllers
Tống Đình Thắng CEO
Nguyễn Ngọc Thọ Vice- president
Vũ Hùng Anh Vice- president
Nguyễn Ngọc Thọ Chief Accountant
Lê Thị Hòa Representative Spokesman