Company Profile
Asia Creative Energy – ACE JSC
Asia Creative Energy – ACE Joint Stock Company is engaged in the production and sales of renewable energy materials such as wood pellet.
Company Profile
Subsidiary companies
of AC Group
Asia Creative Communications
Asia Creative Investment
Asia Creative Energy-ACE
+84 (028) 3518 1020
tho.dx@asiacreative.vn
Foundation: 25/06/2012
Chairman & CEO: MR. DANG XUAN THO
Network: ACI Hoa Lu, ACI Quy Nhon
Main Product: Tapioca Chips
| 2020 | 2021 | 2022 | |
| Total revenue |
17,361,047 | 11,843,901 | 23,771,598 |
| Total assets |
12,718,131 | 9,360,273 | 11,267,939 |
| Owner’s equity |
5,240,471 | 5,056,449 | 5,132,879 |
Foundation: 30/01/2008
Chairman: MR. DANG XUAN THO
CEO: MRS. PHAN THI THUYET
Main product: Content provider, media
| 2020 | 2021 | 2022 | |
| Total revenue |
6,233,490 | 5,022,421 | 4,223,360 |
| Total assets |
5,185,100 | 4,688,292 | 4,665,794 |
| Owner’s equity |
3,595,864 | 3,423,752 | 3,424,844 |
Foundation: 2020
Due to restructure of AC Group
Chairman&CEO: MR. DANG XUAN THO
Network: 3 Domestic Factories
(ACE Dung Quat; ACE Chau Duc; ACE Quy Nhon)
Main Product: Wood Pellet
| 2020 | 2021 | 2022 | |
| Total revenue |
11,653,400 | 37,821,339 | 67,170,845 |
| Total assets |
18,832,292 | 28,622,954 | 54,782,762 |
| Owner’s equity |
14,696,425 | 17,392,626 | 30,341,936 |
3
FACTORIES
15
YEAR
3
COMPANAY
55
Tỉnh thành
AC GROUP OVERVIEW
Organization Shareholders
Process of Company establishment
Asia Creative Energy – ACE Joint Stock Company is engaged in the production and sales of renewable energy materials such as wood pellet.
Since its founding, ACE has grown into one of the largest producers of renewable bioenergy in Vietnam with three modern pellet factories strategically located near major logistic hubs as well as key forestry sources.
ACE’s objective is to produce and deliver to our valuable customers high-quality and eco-friendly products that come from sustainable forests. We strive to raise our economic value by building a sustainable business foundation and contribute to environmental conservation.
In 2014
ACE started the construction of 2 factories– ACE Chau Duc and ACE Quang Ngai. Supply contracts with Korean and Japanese clients were secured
In 2020
ACE Qui Nhon is in operation, which increases the group’s production capacity to 420,000 MT/year.
In 2022
Recording the 2022 milestone of exporting over 400,000 tons to Korea, Japan, and Europe
In 2024
The construction of the 4th factory – ACE Da Nang (220,000 MT/year) commenced. Machineries were imported from Germany
ACE by number
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Sales’s volume (Metric ton, 2021 – 2025F)
Production volume (Metric ton, 2021 – 2025F)
