The subject specializes in researching, developing, and manufacturing high-tech and high-quality lithium-ion batteries for electric vehicles, energy storage systems and other applications. According to the mass media, the Board of Directors of Vingroup approved the transfer of 330.85 million shares (accounting for 50.9% of the charter capital) owned by Vingroup in the subject to Mr. Pham Nhat Vuong. On October 11th, 2023, the Chairman of Vingroup - Mr. Pham Nhat Vuong announced to donate 99.8% of shares in the subject to VINFAST JSC. After the merger, VinFast will be autonomous in battery technology - an important component of electric vehicles, and at the same time master the production chain, increasing its competitive advantage in the market. After these transactions, the subject will become a directly-owned subsidiary of VINFAST JSC.
Headquarters
Dinh Vu- Cat Hai Economic Zone, Cat Hai Island, Cat Hai Town
Hai Phong municipality; Red River Delta;
Postal Code: 04000-05000
Contact Details: Purchase the Vines Energy Solutions Joint Stock Company report to view the information.
Website: https://vines.net.vn
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.
Request a demo of the EMIS serviceTo view more information, Request a demonstration of the EMIS service