Contents

1 Highlights

2 About Hon Net Logistics

Company Structure and Active

3
Fields

4 Annual reports

5 Our Customers

6 Operational Capacity

7 Hon Net Project

Highlights

Strong shareholders and financial investment

Hon Net Logistics is joint venture between Bach Dang Shipping Co.,Ltd, Viet Thuan Transport
1 Co.,Ltd and others with the Charter Capital of 5,800,000 USD. Both Bach Dang and Viet
Thuan are well known about its leading in bulk handling and water transportation in Quang
Ninh transhippment areas over years.

High capacity with competitive edge in having numbers of floating cranes

2 Being the one of the largest bulk handling in Northern Vietnam with excellent service and
competitive price, we could well leverage on this advantage to further expand our capacity and
service by the addition Hon Net Project

Proven track record and strong Management’s commitment and confidence

3 With over USD 33 millions in revenue from handling in FY2019, our management is confident
in an even brighter picture in 2020, taking advantage of growing demand in bulk handling to
captive markets in handling Coal, Cement, Limestone and others.
About Hon Net Logistics

Hon Net Logistics Investment and Development JSC was

established on October 28th 2019, license No. 5702018896 issued
by Quang Ninh Department of Planning and Investment with the
Charter Capital of 5,800,000 USD, Hon Net Logistics is joint venture
between Bach Dang Shipping Co.,Ltd, Viet Thuan Transport Co.,Ltd
and others. Both Bach Dang and Viet Thuan are well known about
its leading in bulk handling and water transportation in Quang Ninh
transhippment areas such as Cam Pha, Hon Net and Cua Dua.

Hon Net Logistics specializes in water transportation, loading

and unloading goods by floating cranes, ship cranes in Hon Net,
Quang Ninh.

We strive to become the Vietnamese largest private company in the field of bulk handling and be a trusted partner. With the
slogan "Customers are our first priority", we always try our best to bring the best service with the most reasonable cost to our
customers.
Company Structure and Active Fields

Hon Net Logistics JSC

Bach Dang Viet Thuan Other

Shipping Co.,Ltd Transport Co.,Ltd Shareholders

Transhipment Port
Floating cranes Logistics Sea Vessels Import & Export
with Barge Development

International
Ship and Ship Specialized
Training Import & Export Commercial & Real Estate
Building Vessel
Trade

Export
Finance
Limestone
Company Structure and Active Fields

Import Export

Cement,
Coal Clinker

Iron Ore, Limestone

Plaster …

Others
Others
Annual Summary
Bach Dang Shipping’s Financial Summary
USD (1 USD = 23,000 VND)

2017 2018 2019

Total assets 16,306,845 19,423,564 22,096,824

Total liabilities 13,183,410 16,286,074 18,930,432

Net Worth 7,660,875 7,742,611 10,963,123

Owner’s equity 3,123,436 3,137,490 3,166,392

Total revenue 22,419,007 26,545,419 33,219,703

Revenue from operations 22,419,007 26,545,419 33,219,703

Profit before taxes 112,120 115,693 136,533

Profit after taxes 89,696 92,554 109,226

Annual Summary
Bach Dang Shipping’s Operator Summary

Bach Dang’s Bulk Handling Volume Bach Dang’s Revenue from Bulk
Handling
30 18.00
28 16.52
16.00
25
14.00 13.04
20
20 12.00
Million Tonnes

10.91

Million USD
17.2
9.91
10.00
15 13.6
12.5 8.00
6.65
10 9 9.2 6.00
8 8.5

4.00
5
2.00

0 -
2012 2013 2014 2015 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020
Our Customers
Top 10 customers in 2019
USD (1 USD = 23,000 VND)

No Name Volume (MT) Revenue (USD)

1 Vinacomin 5.1 2,056,209
2 Vissai 3.2 1,789,461
3 HungKing 1.2 1,704,485
4 Trust Marine 1.1 955,464
5 Long Sơn 1.1 589,160
6 Văn Sơn 0.5 478,260
7 Trường Thành 1.5 339,234
8 Vĩnh Phước 0.7 310,885
9 Thái Hà 0.9 225,375
10 Xuân Thành 0.4 195,084

We are the main contractor with long term contract for big importers and
exporters such as Vinacomin, WELHUNT, UNICOAL AG, Vissai, Long Son ...
Our Customers

Others
Operational Capacity

Floating Crane: Ship Crane:

20,000 tones/day/vessel 8,000 tones/day/vessel
Operational Capacity
Floating Cranes

Grap bucket Lifting capacity

Registration Number of
Floating Cranes capacity allowed
number 3 Crane
(m /quantity) (Ton/extension)
Bach Dang 68 HP 3516 5 10 tons/20m 01 crane
Bach Dang 01 HP 3819 10 +16 30 tons/20m 01 crane
Bach Dang 668 HP 4666 10 +16 30 tons/26m 02 cranes
BD MIA HP 5618 10 +16 30 tons/25m 02 cranes
Approved design number: 03411/19TS/02 issued by
BD CHLOE Vietnam Register Department on 2/8/2019.
30 tons/25m 02 cranes

Approved design number: 04123/19TS issued by Vietnam

BD JASMINE Register Department on 3/10/2019.
30 tons/30m 02 cranes

Approved design number: 04571/19TS issued by Vietnam

BD ANNA Register Department on 22/10/2019.
30 tons/30m 02 cranes

Viet Thuan 666 HP 5789 10 +16 30 tons/26m 02 cranes

Hung Vuong 66 HP 4455 10 +16 30 tons/26m 02 cranes
Ship HP 1616 HP 1616 3,5 + 5 10 tons 01 crane
Hung Vuong 06 HP 2388 3,5 + 5 10 tons 01 crane
Hung Vuong 26 HP 2637 3,5 + 5 10 tons 01 crane
Bach Dang 02 HP 4556 8 +12 25 tons/24m 01 crane
Bach Dang 03 HP 4566 8 +12 25 tons/24m 01 crane
Bach Dang 79 HP 4879 8 +12 25 tons/24m 01 crane
Operational Capacity
Floating Cranes
Operational Capacity
Service ships, Barges, Pusher and Tug boats

Registration Registration
Service ships Capacity Barges Capacity
number number
Bach Dang 86 HP 3538 182.5 tons Bach Dang18 HP 3228 752.7 tons
Bach Dang 66 HP 3585 30 people Bach Dang19 HP 3229 752 tons
Bach Dang 36 HP 3529 30 people + 100 tons Bach Dang15 HP 3629 1,589 tons

Bach Dang 28 HP 3485 25 people Bach Dang26 HP 3826 1961 tons

Bach Dang555 HP 4555 2807 tons
Ship HP 3429 HP 3429 30 people + 170 tons
Hùng Vương 55 HP 3886 1,919.7 tons
Bach Dang 88 HP 3630 40 people
Hùng Vương 88 HP 4466 1,409 tons
Bach Dang 08 HP 3347 189 tons
Bach Dang399 HP 3993 969.0 tons
Bach Dang 89 HP 3637 40 people
Bach Dang39 HP 4166 809 tons
Ferry CN HP 3422 20 people
Bach Dang339 HP 4539 735.8 tons
Ferry CN HP 3423 20 people
Pusher, tug
Ferry CN HP 3615 12 people boats
Ferry CN HP 3616 12 people Hung Vuong 01 HP 3259
Ferry CN HP 4202 10 people Hung Vuong 11 HP 4660
Ferry CN HP 4510 12 people Hung Vuong 12 HP 4818
Ferry CN HP 3683 10 people Bach Dang 166 HP 4899
Operational Capacity
Other support equipments

Grabs/ Capacity Loaders Loading and unloading tools

3 Main Spreading Beam for lifting
18 m 01 pc Excavator 8 pcs 10 sets
3
12 bags of cement bagged 2 tons
15 m 04 pcs Forklift 03 pcs
Main Spreading Beam for lifting
12 m 3
08 pcs 12 sets
Excavator 05 pcs 10 bags of cement bagged 2 tons
3
6 -10 m 07 pcs Backhoe loader 04 pcs Main Spreading Beam for lifting 6
08 sets
3 bags of cement bagged 2 tons
5-8m 04 pcs Bulldozer 01 pc
3
Main Spreading Beam for lifting 4
7m 05 pcs Excavator 01 pc 10 sets
bags of cement bagged 2 tons
3
4-6m 19 pcs
3
5m 12 pcs
Operational Capacity
Other support equipments
Operational Capacity
Other support equipments
Operational Capacity
Operational Capacity

Can be operated with Vessel

up to 180,000 DWT
Floating cranes under operation
Hon Net Project
Project Location
Hon Net Project

Floating Crane: Floating Crane:

20,000 tones/day/vessel 30,000 tones/day/vessel

Current Capacity After the Project

Ship Crane: Ship Crane:
8,000 tones/day/vessel 12,000 tones/day/vessel

When Hon Net project is completed and put in operator with 50% capacity, over 40 million tons of goods will

be moved through Hon Net transhipment area a year.

Thank you