Tiasang Battery JSC

Tiasang Battery JSC

HHNX:TSB
16,000.00
VND
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

CEO
Tuyen Van Luong
Full Time Employees
154
Sector
Producer manufacturing
Industry
Electrical products
Address
Haiphong Vietnam
IPO Date
Jan 10, 2011
Business
Tiasang Battery Joint Stock Company (HNX: TSB), doing business as TIBACO, is a Vietnam-based manufacturer and distributor of lead-acid batteries, electrochemical energy systems, and electrical storage equipment. Founded in 1960 and headquartered in Hai Phong, Vietnam, the company operates as a subsidiary of Duc Giang Chemicals Group (DGC). Tiasang Battery specializes in the engineering, fabrication, assembly, and commercialization of energy storage solutions serving the automotive, industrial, marine, telecommunications, and consumer markets. The company's core product and service portfolio comprises automotive starting, lighting, and ignition (SLI) batteries for passenger cars, commercial transport vehicles, heavy-duty trucks, buses, and agricultural machinery; motorcycle batteries, including conventional flooded dry-charged units and sealed maintenance-free (MF) units; marine batteries designed for fishing vessels, cargo ships, and maritime power systems; deep-cycle and traction batteries engineered for electric bicycles, electric scooters, golf carts, and electric material handling equipment; valve-regulated lead-acid (VRLA), absorbed glass mat (AGM), and gel stationary batteries for telecommunications infrastructure, uninterruptible power supply (UPS) systems, electrical power substations, and solar and wind energy storage systems; modular lithium-ion battery packs and energy storage systems (ESS); and battery components, electrolyte solutions, custom battery assembly, testing, inspection, maintenance, and spent-battery recycling services. Tiasang Battery distributes its products under the TIBACO and Tia Sang brand names through an extensive nationwide dealer network in Vietnam and exports to international markets across Southeast Asia and neighboring regions. In recent developments, Tiasang Battery underwent a major change in ownership and corporate control following the acquisition of a majority controlling stake by Duc Giang Chemicals Group (DGC). Under the stewardship of its new parent company, Tiasang Battery has reorganized its executive management and board of directors, overhauled its governance structure, and initiated a strategic transition to expand beyond traditional lead-acid chemistries into advanced energy solutions. Leveraging DGC's supply chain in high-purity chemical materials and phosphorus derivatives, the company has launched initiatives to manufacture lithium iron phosphate (LFP) batteries and industrial-scale energy storage units, upgraded its manufacturing facilities in Hai Phong to enhance operational automation and environmental compliance, and formed integrated supply partnerships aimed at serving the rapidly growing electric vehicle and clean energy storage markets.