On February 19, 2020, the board of directors of FLC Mining Investment & Asset Management Joint Stock Company approved the following issues: Approving the policy on the investment cooperation with FLC Group Joint Stock Company to develop FLC Quy Nhon Eco-tourism Area Project in Nhon Hoi Industrial Park, Quy Nhon city, Binh Dinh province. Cooperation form: Business Cooperation Contract (BCC Contract). Contract value: VND 332 billion.

The Board of Directors approved the plan for the expansion of workshops, machines, equipment of brick factory. Project: Construction of a tuynel brick factory. Name of work: FLC – Do Len Tuynel Brick Factory.

Investor: FLC Mining Investment & Asset Management Joint Stock Company. Purpose of the project: a capacity of 150 million bricks a year. Location of the project: Chau Tu, Chau Loc, Hau Loc district, Thanh Hoa province.

Area: 10 hectares for workshops, 20 hectares for material area. Total investment: VND 150 billion. Estimated operation time: Quarter 2.2020.