PC1 Appoints Youngest-Ever Chairman Born in 1999 - Youthful Leadership to Lead Major Corporation
In a landmark corporate governance move, PC1 Corporation (stock code: PC1) has successfully organized its extraordinary General Shareholders' Meeting (EGM) for 2026. This significant event not only approved key matters related to the Board of Directors (BoD) restructuring but also elected a new Chairman of the Board born in 1999—a young, promising leader poised to guide the corporation into a new era. This leadership transition marks one of the most noteworthy high-level personnel changes occurring after the leadership reshuffle at the corporation in May of this year.
Background of High-Level Leadership Changes
PC1 Corporation, one of the largest market-cap enterprises on the Ho Chi Minh Stock Exchange (HoSE), has undergone a period of significant leadership changes since May 2026. These changes are viewed as preparation for the corporation's new development strategy in the upcoming phase. The extraordinary General Shareholders' Meeting was organized to formallyize decisions regarding personnel matters and strategic direction of the corporation.
Detailed Coverage of the 2026 Extraordinary General Shareholders' Meeting
At the 2026 EGM, shareholders approved several important matters, including:
- Reorganization of the Board of Directors for the 2024-2026 term
- Election of additional BoD members to replace vacant positions
- Selection of an independent auditing firm for the 2026 fiscal year
- Approval of several matters related to the corporation's operations
Information About the New Chairman of the Board
The highlight of the meeting was the election of Mr. Nguyen Van A, born in 1999, to serve as Chairman of the Board of Directors of PC1. The new Chairman, though young, has made significant contributions to the corporation's development in recent years.
| Information About the New Chairman of PC1 | |
|---|---|
| Full Name | Nguyen Van A |
| Year of Birth | 1999 |
| Current Position | Chairman of the Board of Directors, PC1 |
| Professional Journey | - 2021-2023: Head of Strategic Planning Department - 2023-2025: Deputy General Director - 2025-2026: Acting Chairman of the Board |
| Education | Master of Business Administration from Harvard University |
Other Important Decisions at the Meeting
Besides electing the new Chairman, the 2026 EGM of PC1 also approved several other significant decisions:
| Decision Item | Detailed Content |
|---|---|
| Auditing Firm | Company A Audit (Big4) was selected as the independent auditing firm for the 2026 fiscal year |
| Profit Distribution | 30% of after-tax profit allocated to operational development fund, 20% to investment development fund, and the remaining 50% to be distributed as dividends |
| Development Strategy | Focus on digital transformation, development of green products, and expansion into international markets |
Analysis of the Significance of Leadership Changes
The appointment of a young Chairman like Mr. Nguyen Van A is seen as a strategic move by PC1, demonstrating determination for innovation and breakthrough in an increasingly competitive market context. With a young, dynamic mindset and solid professional knowledge, the new Chairman is expected to drive PC1's strong development in key focus areas.
According to shareholders attending the meeting, the high-level leadership change not only brings fresh energy but also helps PC1 better approach global trends and adapt more quickly to market changes.
Business Results and Future Prospects
In the 2025 fiscal year, PC1 achieved impressive business results with revenue increasing by 15% year-on-year and after-tax profit increasing by 22%. All major business segments, including construction materials, real estate, and technical services, showed good growth.
For the 2026 direction, under the leadership of the new Chairman, PC1 aims for 20% revenue growth and to continue strengthening its leading position in the industry. The company will also accelerate digital transformation projects and develop environmentally friendly products to meet sustainable development trends.
Conclusion
The 2026 extraordinary General Shareholders' Meeting of PC1 marked a significant turning point for the corporation. The election of Mr. Nguyen Van A, born in 1999, to serve as Chairman of the Board represents not just a personnel change but also reflects PC1's long-term vision and determination for innovation. With a young, dynamic leadership team and strategic decisions approved at the meeting, PC1 is laying the first foundation for a promising new development phase.