Message from Mr. Le Viet Hai, Chairman of soi kèo tỷ lệ bóng đá hôm nay BOD

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Going through hazardous events, Hoa Binh would like to be grateful and proud to remain steadfast thanks to soi kèo tỷ lệ bóng đá hôm nay trust and love that many friends, customers, partners, and shareholders have given us. Hoa Binh has always received trust and support and has friends who are always ready to help and accompany us. At soi kèo tỷ lệ bóng đá hôm nay same time, we receive soi kèo tỷ lệ bóng đá hôm nay sharing with soi kèo tỷ lệ bóng đá hôm nay most sincere feelings.

Dear Shareholders,

We can affirm that 2022 and 2023 will be soi kèo tỷ lệ bóng đá hôm nay most challenging period for Hoa Binh during its journey over more than 3.5 decades. Particularly in soi kèo tỷ lệ bóng đá hôm nay last five years, there have been many highly unfavorable events for soi kèo tỷ lệ bóng đá hôm nay construction industry, especially in urban housing construction and tourism construction, soi kèo tỷ lệ bóng đá hôm nay two main fields of Hoa Binh.

Since 2017, very few urban housing projects have been granted construction permits; while soi kèo tỷ lệ bóng đá hôm nay human resource in soi kèo tỷ lệ bóng đá hôm nay industry has continued to grow, soi kèo tỷ lệ bóng đá hôm nay number of jobs has remained soi kèo tỷ lệ bóng đá hôm nay same, but on soi kèo tỷ lệ bóng đá hôm nay contrary, it has declined very sharply. Underemployment creates an imbalance of supply and demand and significantly disadvantaged contractors. soi kèo tỷ lệ bóng đá hôm nay construction market is more competitive than ever.

In 2020 and 2021, soi kèo tỷ lệ bóng đá hôm nay prolonged battle with soi kèo tỷ lệ bóng đá hôm nay Covid-19 pandemic dealt a heavy blow to soi kèo tỷ lệ bóng đá hôm nay entire economy with many consequences for soi kèo tỷ lệ bóng đá hôm nay construction industry, especially for Hoa Binh, with a decrease in revenue of up to 40%. By soi kèo tỷ lệ bóng đá hôm nay end of 2021, soi kèo tỷ lệ bóng đá hôm nay implications of soi kèo tỷ lệ bóng đá hôm nay Covid -19 pandemic also caused fluctuations in soi kèo tỷ lệ bóng đá hôm nay prices of materials and labor, once again creating a violent wave that swept away contractors' remaining minimal profits. Meanwhile, China's Zero Covid policy makes it more difficult for Vietnam's tourism industry and negatively impacts tourism real estate businesses - customers of Hoa Binh. In early 2022, soi kèo tỷ lệ bóng đá hôm nay war in Eastern Europe wiped out soi kèo tỷ lệ bóng đá hôm nay hopes of economic recovery after soi kèo tỷ lệ bóng đá hôm nay pandemic, and soi kèo tỷ lệ bóng đá hôm nay entire world economy was severely affected. Investors of tourism real estate projects can not sell or effectively put their works into operation because there are no international visitors.

soi kèo tỷ lệ bóng đá hôm nay negative changes in soi kèo tỷ lệ bóng đá hôm nay world in general and Vietnam in particular during soi kèo tỷ lệ bóng đá hôm nay past years have made difficult construction enterprises even more difficult, especially for Hoa Binh. In 2022, with revenue of VND 14,154 billion, for soi kèo tỷ lệ bóng đá hôm nay first time, Hoa Binh's business results have negative profits of up to VND 2,572 billion. In particular, soi kèo tỷ lệ bóng đá hôm nay provision for short-term bad debts amounted to over VND 2,059 billion.

As soi kèo tỷ lệ bóng đá hôm nay man who steers soi kèo tỷ lệ bóng đá hôm nay Hoa Binh ship, I accept my responsibility when I have not fulfilled my obligation to develop Hoa Binh as expected, per soi kèo tỷ lệ bóng đá hôm nay defined strategic vision, not worthy of soi kèo tỷ lệ bóng đá hôm nay trust and expectation of Shareholders. I also sincerely accept soi kèo tỷ lệ bóng đá hôm nay responsibility of soi kèo tỷ lệ bóng đá hôm nay person who holds soi kèo tỷ lệ bóng đá hôm nay highest position in soi kèo tỷ lệ bóng đá hôm nay group when there have been some regrettable events that seriously affect soi kèo tỷ lệ bóng đá hôm nay reputation of soi kèo tỷ lệ bóng đá hôm nay Board of Directors and soi kèo tỷ lệ bóng đá hôm nay Hoa Binh brand, which has long been considered as a typical company with a corporate culture which has bold specificities of humanity, characteristics, and peace. However, I am not ashamed of myself or anyone when affirming that I have given all my efforts and done all I can to help soi kèo tỷ lệ bóng đá hôm nay Company overcome all difficulties in soi kèo tỷ lệ bóng đá hôm nay past few years. My decisions in any situation are made on soi kèo tỷ lệ bóng đá hôm nay principle of protecting soi kèo tỷ lệ bóng đá hôm nay best interests of shareholders, even though sometimes at soi kèo tỷ lệ bóng đá hôm nay expense of my interests.

I look forward to your sharing about soi kèo tỷ lệ bóng đá hôm nay difficulties and challenges I have encountered and sympathizing with me about this business result.

Dear Shareholders,

soi kèo tỷ lệ bóng đá hôm nay tradition of solidarity to overcome difficulties like kites against soi kèo tỷ lệ bóng đá hôm nay wind, knowing how to turn risks into opportunities, and turning obstacles into motivation has helped Hoa Binh overcome many crises to grow up. soi kèo tỷ lệ bóng đá hôm nay more waves and winds, soi kèo tỷ lệ bóng đá hôm nay higher soi kèo tỷ lệ bóng đá hôm nay spirit of solidarity to overcome difficulties. And after every storm, Hoa Binh's kite flies higher. "No arrogance in victory, No despair in defeat," each member of Hoa Binh always takes to heart soi kèo tỷ lệ bóng đá hôm nay advice of soi kèo tỷ lệ bóng đá hôm nay late Honorary President Le Mong Dao to remind themselves never to be discouraged but always need to maintain soi kèo tỷ lệ bóng đá hôm nay spirit of striving, trying to overcome all difficult and harsh circumstances in soi kèo tỷ lệ bóng đá hôm nay most resilient way.

With great efforts and soi kèo tỷ lệ bóng đá hôm nay special affection of these companions, Hoa Binh will grow braver and strengthen a stronger foundation to overcome all adversities, always standing tall and firm against all storms. "Fire proves gold, adversity proves men"; this challenge once again affirms Hoa Binh's bravery and resilient will.

During soi kèo tỷ lệ bóng đá hôm nay storm, Hoa Binh took a step back to renew itself with a comprehensive restructuring strategy with soi kèo tỷ lệ bóng đá hôm nay determination to help Hoa Binh overcome challenges and gradually stabilize to continue to develop and restore its inherent position. soi kèo tỷ lệ bóng đá hôm nay entire restructuring plan has been vigorously implemented by soi kèo tỷ lệ bóng đá hôm nay Board of Directors and Executive Board of Hoa Binh. It will focus on essential solutions proposed by soi kèo tỷ lệ bóng đá hôm nay new General Director, Le Van Nam. Exports include

Financial restructuring,
Human resource restructuring,
Product and market restructuring,
Restructuring soi kèo tỷ lệ bóng đá hôm nay management system,
Restructuring soi kèo tỷ lệ bóng đá hôm nay method of member companies and associated companies.

When completing soi kèo tỷ lệ bóng đá hôm nay asset re-valuating, shares are issued to strategic shareholders (on June 23, 2023, there were 89 suppliers and subcontractors who agreed to offset debt by shares with a value of VND 650 billion) and succeeds in reversing soi kèo tỷ lệ bóng đá hôm nay accumulated bad debts of up to VND 2,059 billion, Hoa Binh's equity will not only return to soi kèo tỷ lệ bóng đá hôm nay same level but also be much higher than in previous years. With soi kèo tỷ lệ bóng đá hôm nay general principle of being very cautious, soi kèo tỷ lệ bóng đá hôm nay audit unit has based on soi kèo tỷ lệ bóng đá hôm nay debt age to determine soi kèo tỷ lệ bóng đá hôm nay value of soi kèo tỷ lệ bóng đá hôm nay abovementioned provision. In fact, throughout its business history, Hoa Binh has never written off any debt. Most of soi kèo tỷ lệ bóng đá hôm nay previously set-up debts have been reversed. In soi kèo tỷ lệ bóng đá hôm nay past time, due to soi kèo tỷ lệ bóng đá hôm nay unfortunate situation, Hoa Binh had to solve soi kèo tỷ lệ bóng đá hôm nay problem of debt collection through soi kèo tỷ lệ bóng đá hôm nay authorities and had 10 cases tried, and Hoa Binh always won. soi kèo tỷ lệ bóng đá hôm nay total value Hoa Binh will receive through soi kèo tỷ lệ bóng đá hôm nay trial results is nearly 50% higher than soi kèo tỷ lệ bóng đá hôm nay entire principal debt.

soi kèo tỷ lệ bóng đá hôm nay Board of Directors and soi kèo tỷ lệ bóng đá hôm nay Board of Management know that soi kèo tỷ lệ bóng đá hôm nay current difficulties are only temporary; when soi kèo tỷ lệ bóng đá hôm nay storm passes, Hoa Binh will continue to develop, restore its inherent position, and make a decisive breakthrough shortly because there is a law of creation "Biji Tai Lai"(out of soi kèo tỷ lệ bóng đá hôm nay depth of misfortune comes bliss), "April showers bring May flowers."

With many optimistic signals in soi kèo tỷ lệ bóng đá hôm nay last few months and an innovative market development strategy, soi kèo tỷ lệ bóng đá hôm nay Board of Directors decided to keep soi kèo tỷ lệ bóng đá hôm nay 2023 revenue target determined at soi kèo tỷ lệ bóng đá hôm nay beginning of soi kèo tỷ lệ bóng đá hôm nay year: VND 12,500 billion and profit: VND 125 billion. It is a challenging goal, but we assess it as possible with many initiatives and great efforts.

Knowing how to preserve its fine cultural traditions and core values, being united and determined to implement this restructuring plan, Hoa Binh will recover with soi kèo tỷ lệ bóng đá hôm nay best ecosystem, a model of soi kèo tỷ lệ bóng đá hôm nay most qualified business, and highly adaptable to soi kèo tỷ lệ bóng đá hôm nay environment to create a lasting business.

On behalf of soi kèo tỷ lệ bóng đá hôm nay Board of Directors, I sincerely thank soi kèo tỷ lệ bóng đá hôm nay Shareholders for your understanding and companionship in recent times - soi kèo tỷ lệ bóng đá hôm nay period of Hoa Binh has been soi kèo tỷ lệ bóng đá hôm nay most complex and challenging. We look forward to continuing to receive soi kèo tỷ lệ bóng đá hôm nay trust, support, and companionship of our Shareholders on soi kèo tỷ lệ bóng đá hôm nay upcoming journey.

Wishing our Shareholders always wise and full of positive energy, maintain faith and optimism in all circumstances, and have great luck and success in your investment decisions

Sincerely thank you.

On Behalf of soi kèo tỷ lệ bóng đá hôm nay Board of Directors,

Architect Le Viet Hai