After nearly a decade of formation and development, accompanying farmers in elevating Vietnamese fruits, Tien Thinh Group Joint Stock Company has made a strong transformation by listing its shares on the Upcom stock exchange (trading code TT6).
This is an important launching pad for Tien Thinh to attract new investment capital transparently to reinvest in production lines, expand specialized farming areas, broaden export markets, and scale up its business.
To meet the new development phase, in addition to the key specialized farming area in the Mekong Delta, Tien Thinh is expanding to other localities in the Central Highlands such as Daklak, Lam Dong, and central provinces such as Nghe An, Ha Tinh. At the same time, diversifying processed products and types of fruits.
In addition, Tien Thinh aims to continuously invest in research, development, and application of new technologies to create value-added product lines such as organic fruit juice, and nutritional foods from fruits. The company also plans to penetrate new, potential-rich markets such as the Middle East, Latin America, and Africa and invest more heavily in international marketing campaigns. Additionally, the business participates in many international events and exhibitions both domestically and internationally to introduce Vietnamese agricultural products to the global market.
Mr. Pham Tien Hoai - Chairman of the Board of Directors of Tien Thinh shared: “Listing on the stock exchange is an important step for the company to develop sustainably and achieve long-term strategic goals. The mission of Tien Thinh is not only to bring Vietnamese fruits to the world but also to contribute to improving the income and living standards of farmers, promoting sustainable development for the Vietnamese agricultural sector.”
At the end of the first trading session on August 2, TT6 had a price of 13,500 VND per share, an increase of 30% compared to the reference price on the first trading day (10,400 VND per share), reflecting the high expectations and trust of investors and shareholders in Tien Thinh.
Mr. Pham Tien Hoai, Chairman of the Board of Directors of Tien Thinh Group, receives congratulatory flowers from Mrs. Nguyen Thi Thu Huyen, a member of the Board of Directors and CEO of Viet Dragon Securities Corporation (VDSC).