Thong Nhat Match -The Eternal Flame

According to a representative of Thong Nhat Matches Joint Stock Company, in recent years, a sharp decrease in demand has reduced the company's match output, which lead to only nearly 70 million pcs in 2019. On the other hand, the production machinery and equipment are too old and degraded, the procurement of wood materials that meet the standards of matchmaking faces many difficulties due to the exhaustion of supply...

The mass production and export is no longer effectively work here. Therefore, the company stopped production on the company equipment line. However, the company still selectively produces products of Thong Nhat Matches and promotional matches for customers in need.

In addition to traditional matches, in recent years, Thong Nhat Matches Joint Stock Company has shifted to produce Thong Nhat safety lighters and carton packaging. This is the main source of income for businesses.

This is also the main production and business field of the company in 2020 and the upcoming years. In addition, Thong Nhat Diem Joint Stock Company will also expand commercial activities such as trading in paper materials for carton packaging production.

Regarding the delisting on Upcom, in the past, Thong Nhat Match had 260 shareholders. However, up to now, the number of shareholders of the company has changed with only 45 available. According to regulations, enterprises with less than 100 shareholders are not eligible to be a public company. Therefore, the Board of Directors announced the delisting of DTN shares on UPCoM. "The cancellation of transactions on Upcom is not due to the company's violation or loss of business" - Mr. Hung emphasized.

Previously, on December 5, 2019, the Board of Directors held a regular meeting to approve the production and business plan for 2020. Accordingly, the Board of Directors carefully analyzed the factors affecting the company's business in 2020 and agree on a specific business plan resolution. In 2019, it is estimated that Thong Nhat matchbox products will reach 67.5 million bags, advertising matches 1.8 million bags; export matchsticks 140 tons, carton packaging 3.9 million m2, Thong Nhat lighter 16.7 million units, Thong Nhat lighters - Cricket 300 thousand units, total production and business revenue reached nearly 130 billion Dong.

In 2020, the Board of Directors set a target of producing 60 million Thong Nhat box matches, 2 million advertising matchboxes; 4 million m2 of carton packaging, 20 million units of Thong Nhat lighters, 350 million Thong Nhat- Cricket lighters. Profit after tax of the company aims to increase from 1.2 billion dong in 2019 to 2 billion dong in 2020.

The image of Thong Nhat-branded match products with the image of a white dove on a blue sky background has always be a good memory with many people in Hanoi and the whole country for the past 63 years. As the first factory built in the North of the Socialist Republic of Vietnam, over 60 years, through ups and downs, generations of officials and employees of Thong Nhat match are still searching and changing to keep the flame of matches persistent. on fire as always.

In 1956, Thong Nhat Match Factory was built and established. In 1984, Cau Duong Wood Factory and Thong Nhat Match Factory were merged into Cau Duong Matchmaking Enterprise. In 1988, Thong Nhat Match Factory was separated from Cau Duong Matchmaking Enterprise. In 1993, Thong Nhat Match Factory moved to operate under the business model with the name Thong Nhat Match Company. In 2002, the company moved to operate under the model of a joint stock company with the name Thong Nhat Matches Joint Stock Company