Shareholders’ Strong Support – A Solid Foundation For PTSC Thanh Hoa’s Breakthrough Growth

On 5 June 2026, at Cat Tuong Hall, PTSC Thanh Hoa Technical Services Company (PTSC Thanh Hoa, stock code: PSN) successfully held its 2026 Annual General Meeting of Shareholders (AGM) to review the Company's 2025 performance, approved its 2026 business plan and strategic direction, and adopted key resolutions within the authority of the General Meeting of Shareholders.

Overview of the Annual General Meeting

The meeting was attended by representatives of Vietnam National Industry – Energy Group (Petrovietnam), PTSC, members of the Board of Directors, the Supervisory Board, the Board of Management, and shareholders.

The AGM Chairing Committee

Despite continued market uncertainty throughout 2025, PTSC Thanh Hoa maintained steady business growth through effective governance, disciplined execution, and operational excellence.

Mr. Le Van Nga, Chairman of the Board of Directors, presenting the Board's 2025 performance report and 2026 strategic direction

Under the strategic leadership of the Board of Directors and the management of the executive team, the Company successfully exceeded its business targets while maintaining sound corporate governance and ensuring full compliance with regulatory requirements.
Beyond its financial achievements, PTSC Thanh Hoa continued to demonstrate outstanding operational performance by recording more than 2.1 million safe working hours without compromising its safety, quality, and environmental commitments. Innovation also remained a key growth driver, with over 400 technical improvement initiatives implemented across the Company's operations, contributing to higher productivity, improved service quality, and enhanced operational efficiency. Meanwhile, strategic investment projects continued to progress as planned, laying a solid foundation for the Company's long-term expansion through investments in infrastructure, technology, and human capital.
Building on the momentum achieved in 2025, PTSC Thanh Hoa has set an ambitious growth agenda for 2026. The Company targets 43% revenue growth compared with the previous year, together with continued improvements in profitability and employee income. To achieve these objectives, PTSC Thanh Hoa will focus on expanding both domestic and international markets while positioning its Industrial Mechanical & Energy business as a new strategic growth engine. The Company will also accelerate strategic investment projects, advance long-term infrastructure planning, strengthen digital transformation initiatives, streamline its organizational structure, and continue developing a highly skilled workforce capable of supporting future business expansion.
Business performance during the first five months of 2026 has already demonstrated encouraging momentum, with revenue increasing by more than 100% year-on-year. Key projects remain on schedule, while market development, investment activities, and digital transformation continue to deliver positive results, reinforcing confidence in achieving the Company's 2026 targets.

Mr. Pham Hung Phuong, Director and Member of the Board of Directors, presenting the Company's 2025 business performance and 2026 business plan

Mr. Nguyen Huu Hoan, Deputy Director, presenting proposals to the AGM 

Shareholders also approved several important governance matters during the AGM. Mr. Pham Hung Phuong was re-elected as a Member of the Board of Directors, while Mr. Mai Dinh Hieu, Mr. Le Viet Hai Ninh, and Ms. Nguyen Thi Duyen were elected to the Supervisory Board for the new term. In addition, The AGM also acknowledged the valuable contributions of former Supervisory Board members whose service has helped strengthen the Company's governance framework over the years. These leadership appointments further reinforce PTSC Thanh Hoa's governance structure and support the Company's long-term development strategy.

Congratulations to the newly elected Board of Directors and Supervisory Board members

Appreciation to former Supervisory Board members for their valuable contributions

Speaking at the AGM, Mr. Tran Ngọc Chuong - representatives of Petrovietnam and PTSC highly appreciated PTSC Thanh Hoa's achievements in 2025, particularly its effective business performance, organizational development, human resource enhancement, and contributions to key projects across the PTSC system. He expressed confidence that PTSC Thanh Hoa is well positioned to maintain its growth momentum and reaffirmed their continued commitment to supporting the Company's sustainable development in the years ahead.

Mr. Tran Ngoc Chuong was delivering his speech at the Congress

Following productive discussions conducted in a spirit of transparency, responsibility, and collaboration, shareholders approved all resolutions with a high level of consensus. The strong support and shared vision of the Company's shareholders provide PTSC Thanh Hoa with a solid foundation to strengthen its competitive position, accelerate innovation, and create sustainable value for customers, shareholders, employees, and the wider PTSC ecosystem as it enters its next phase of growth.

Nguyen Viet Duc - Nguyen Hai Duong