- CEO
- Anh Tuan Le
- Full Time Employees
- 9,208
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- Ha Noi Vietnam
- IPO Date
- Jan 18, 2018
- Business
- GELEX Group Joint Stock Company is a Vietnam-based investment holding company primarily engaged in industrial manufacturing, infrastructure development, real estate, and utility services. The company operates through two core business divisions: Industrial Production and Infrastructure. Its industrial production segment manufactures and distributes electrical equipment and building materials, offering products such as low-, medium-, and high-voltage power cables, bare overhead conductors, magnet wires, and copper rods under the CADIVI brand; single-phase, three-phase, and amorphous distribution transformers and power transformers under the THIBIDI brand; electronic and electromechanical energy meters, instrument transformers, and electrical measurement devices under the EMIC brand; industrial and commercial electric motors and generators under the HEM brand; and construction materials including ultra-clear float glass, low-emissivity and solar control energy-saving glass, ceramic and porcelain tiles, sanitary ware, autoclaved aerated concrete (AAC) blocks and panels, and terracotta roof tiles primarily through its subsidiary Viglacera Corporation. Its infrastructure and real estate division develops, constructs, and operates industrial parks, ready-built factories, and logistics warehouses; commercial office towers, luxury hospitality assets, and social housing developments; potable water production and municipal distribution networks through Song Da Clean Water Joint Stock Company; and renewable energy generation facilities, including utility-scale wind farms, solar photovoltaic plants, and hydropower installations. The company serves power grid operators, engineering and construction contractors, industrial manufacturers, commercial enterprises, and retail consumers across Vietnam, with export operations extending to Southeast Asia, East Asia, and the Americas. Founded in 1990 and headquartered in Hanoi, Vietnam, the company was formerly known as Vietnam Electrical Equipment Joint Stock Corporation and manages principal subsidiaries including GELEX Electric Joint Stock Company, GELEX Infrastructure Joint Stock Company, and Viglacera Corporation - JSC. In recent developments, GELEX Group executed a strategic equity transfer and joint venture partnership with Singapore-based Sembcorp Industries to transfer an equity interest in a 245-megawatt operational renewable energy asset portfolio, allowing the group to reallocate capital into industrial real estate and high-tech supply chain ecosystems. Furthermore, the company expanded its partnership with Frasers Property to develop high-grade, green-certified industrial parks and ready-built factories across northern Vietnam, while commercializing advanced ultra-clear float glass production lines to meet rising demand in architectural and solar energy applications.