Nova Consumer Group: An inevitable development step of Anova Group

Anova Group held the 2021 Annual General Meeting of Shareholders. Unlike previous years, this year's General Meeting approved important decisions for the Group, which has a history of 29 years of formation and development.

Anova Group takes on a new look: Nova Consumer Group

Anova Group's 2021 Annual General Meeting of Shareholders approved the plan to change the company's name from Anova Joint Stock Company to Nova Consumer Group Joint Stock Company (Nova Consumer Group). This is the company's strategy to diversify its business lines, taking advantage of the strengths of the NovaGroup ecosystem to develop product lines to serve the growing consumer demand of the Vietnamese market.

Another extremely important information is that the Annual General Meeting of Shareholders approved the Initial Public Offering Plan and is expected to list shares on the Ho Chi Minh City Stock Exchange by the end of 2021.

This is truly a strong and timely transformation of Anova Group in the period when NovaGroup is rapidly increasing its scale and perfecting its ecosystem, with 3 pillars: Novaland operating in the field of Real Estate; Nova Service Group operating in the field of Trade - Services and Nova Consumer Group operating in the field of Agriculture - Consumer Goods.

29-year journey accompanying farmers

In the field of veterinary medicine and vaccines, Anova Group is dominating 35% of the domestic market and has been voted "High-quality Vietnamese goods" for many consecutive years. Not only that, Anova Group also left its mark on the Vietnamese veterinary medicine brand in the international market by exporting to more than 26 major markets such as Korea, UAE, Malaysia, Thailand, etc.
 

 Anova Group has had 29 years of sustainable development
The first member in the veterinary medicine and vaccine sector of Anova Group was Thanh Nhon Joint Stock Company (established in 1992). After that, the Group also had other member companies including Anova Pharma, Anova JV, Anova Tech and Anova BioTech. All of them created a strong development block in this field.
 

Vaccine production at Anova JV's Betalactam factory
 
For the Farm - Farm stage, 2 companies, Anova Farm and Anova Agri Binh Duong, achieved the Global G.A.P certificate (issued by the international certification organization Control Union) in June 2017 and VIETGAP, after building a high-tech livestock farm system in a closed model, with easy traceability.
 

VietGAP standard dairy farm at Anova Agri Binh Duong


A closed farm system of Anova Farm
 
With the mission of "improving the performance of livestock farmers, improving consumer culture and protecting public health", Anova Feed Joint Stock Company was established, specializing in the production of animal feed for chickens, pigs, ducks, geese, beef cattle and dairy cows. Anova Feed contributes to completing the closed agricultural product production chain of Anova Group.
 

Anova Feed Factory in Dong Nai


Closed production line technology at Anova Feed Factory
 
According to the audited 2020 Business Performance Report, Anova Group's total consolidated assets are VND 3,882 billion; Owner's equity is VND 2,004 billion; Net revenue & Profit after tax are VND 3,112 and VND 178 billion respectively;

The General Meeting of Shareholders also approved the 2021 business plan with positive growth targets. Specifically, Revenue and Profit after tax are expected to grow by 33% and 57% respectively.

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