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OPEN LETTER OF THE BOARD OF DIRECTORS

Dear valued customers, partners,

Thanh Cong Hwashin LLC was established in 2020 as a result of the strategic cooperation relationship between Thanh Cong Group and Hwashin Group, a highlight in the friendly and cooperative relationship between Vietnam and South Korea.

Undergoing initial difficulties, Thanh Cong Hwashin has gradually affirmed its reputation in the market, becoming a key partner of many automobile manufacturers and attracting the attention of many domestic and international customers. Those achievements were gained on the foundation of inheriting capabilities of the two Groups, along with outstanding efforts of the Company’s Board of Directors – Staff facing challenges of the economy in general and internally in particular.

Entering a new stage of development, Thanh Cong Hwashin will continue to be consistent in providing high-quality auto parts at reasonable prices while promoting research and application of new technologies to meet market requirements better, contribute to the country’s automobile industry development, and prepare to participate in the global automotive supply chains.

With current achievements, on behalf of the Board of Directors of Thanh Cong Hwashin LLC, I sincerely thank valued customers and partners for your companionship and cooperation with the Company during the past time. We look forward to gaining credibility in the future.

Sincerely thank you!

Mr. Ngo Minh Nam

Director of Thanh Cong Hwashin Limited Liability Company

Introduction of Thanh Cong Hwashin

Vision and Mission

Vision

To become the top manufacturer and supplier of auto components in Vietnam

Mission

To provide high-quality auto components products at reasonable prices, contribute to the development of supporting industries in Vietnam.

Core values

Customer-centric, Aggressiveness, Professionalism, Continuous improvement, Human, Integration