The list of candidates for the new Board of Directors includes 5 members: Mr. Nguyen Van Tuan; Mr. Le Ba Tho; Mr. Luong Thanh Tung; Mr. Dau Minh Lam and Ms. Nguyen Thi Minh Giang. Among them, Mr. Dau Minh Lam and Ms. Nguyen Thi Minh Giang are independent members of the Board of Directors.
Thus, 4/5 members of the 2021-2026 term will continue to be nominated to participate in the Board of Directors for the new term. Mr. Nguyen Trong Hien - Chairman of the Board of Directors does not participate in the new Board of Directors to perform new tasks. Instead, the list includes Mr. Nguyen Van Tuan, General Director of GELEX.
With personnel gathering strategic vision, rich experience, diverse expertise and long-term attachment to GELEX, the Board of Directors for the 2026-2031 term will aim to build a strong governance structure in accordance with international practices, transparency, and lead GELEX to realize its vision, mission and core values established in the new development stage.
2025 is the year of the end of the Board of Directors' term, GELEX achieved many impressive achievements, widely recognized.
Consolidated revenue and pre-tax profit in 2025 reached 39. 513 billion VND and 4. 621 billion VND respectively, the highest level ever. In addition, GELEX and its member units have built a business strategy towards 2030 with the advice of leading international strategic consulting partners. GELEX also implements many programs to improve management capacity and consolidate internal strength, including: deploying a risk management framework according to international standards throughout the system; issuing international standard financial statements IFRS; expanding international capital mobilization; promoting the deployment of digital offices; developing human resources and recreating corporate culture towards building a rapidly adaptive and highly efficient organization.
In the period 2021-2026, GELEX completed the listing of two sub-holdings GELEX Electricity (GEE), GELEX Infrastructure (GEL) on HoSE, while maintaining positive and sustainable growth with net revenue and consolidated pre-tax profit growing by an average of 8.4%/year and 22.5%/year respectively, EBITDA increasing by 17.8%/year. The profit growth rate and EBITDA are much higher than revenue, reflecting a strategy of in-depth development, improving production and business efficiency.
Total assets in this period grew by an average of 4.7%/year despite divestment of some renewable energy projects; financial leverage and solvency indicators maintained a level of safety and better than international standards.
The above results and methodical preparation for the upcoming period reflect the effectiveness of implementing the restructuring strategy, long-term investment strategy, development through internal growth and selective mergers and acquisitions (M&A) activities, governance models and increased after-investment enterprise value. GELEX has and will focus on and persistently implement to gradually affirm the position of an investment group with depth and efficiency in the foundational areas of the economy.
GELEX's 2026 Annual General Meeting of Shareholders will be held on April 1 at Fairmont Hotel Hanoi. The General Meeting will consider and approve many important contents such as consolidated net revenue plan of 44,712 billion VND, pre-tax profit of 3,615 billion VND.
GELEX is expected to pay dividends for 2025 with a total level of 33%. Of which 25% is paid in shares and 8% in cash. This cash dividend has been advanced by GELEX from September 11, 2025, equivalent to nearly 722 billion VND spent on shareholders. In addition, the enterprise plans to issue additional shares to increase capital from equity at a rate of 20%. If this plan is approved by the congress, the total proportion of shares and dividends received by shareholders is 53%, the highest payment level of GELEX in recent years.
In addition, GELEX plans to submit to shareholders the change of headquarters address to the building at 10 Tran Nguyen Han and 27-29 Ly Thai To street, Hoan Kiem ward, Hanoi city, along with many other important contents.
