On October 30, 2023, at the invitation of the Vietnamese Embassy in Singapore and the Deputy Governor of Lim Tong Province, Protus Group and the Lim Tong Provincial Business Association jointly held a meeting on enterprise fund supply and demand in Dalat City, Vietnam, to discuss financial issues in the production and operation process with entrepreneurs from the Lim Tong Provincial Business Association.

Mr. Dinh MinhQuy, Chairman of the Lin Tong Provincial Business Association, delivered a speech at the meeting.

At present, most small and medium-sized enterprises in Vietnam do not have sufficient collateral when borrowing from banks, and this phenomenon is also very common in Lintong Province. Mr. Doan Dinh Binh, Chairman of the Lin Tong Provincial Business Association, also pointed out that most of the enterprises in Lin Tong Province belong to manufacturing and processing enterprises, and often face funding shortages in procurement, production, and sales processes. Mainly manifested in the expansion of the scale of enterprise raw material procurement; The letter of credit (L/C) has not met the payment conditions; The payment terms for product sales remittances and other factors have caused great pressure on enterprises.

Mr. Gao Minghui, co-founder and chairman of Protus Group, stated that as a global financial enterprise, Protus Group provides operational funds, customer resources, and development plans support to multiple enterprises in various industries in Vietnam, including agriculture, warehousing, electronic manufacturing, medical equipment, etc.

Protus Group has proposed a new solution to the current situation of enterprises in Lintong Province, which does not require collateral and provides flexible and diverse cooperation methods to help enterprises improve production activities and expand business scale.

Mr. Gao Minghui stated that Protus Group will support the enterprise in three steps. The first step is to provide financial support to help enterprises overcome operational difficulties, expand their production, supply, and business capabilities, and strengthen mutual understanding.

Mr. Gao Minghui, Chairman of Protus Group, shared with Lin Tongsheng Enterprises.

The second step is to utilize international resources and management experience to support enterprises in expanding their production and operation scale, increasing investment in fixed assets, such as investing in the construction of cold storage facilities and expanding factory scale; Directly introducing customer resources and supporting enterprises to expand market share and become leading enterprises in the industry.

The third step is to support enterprises in pursuing internationalization and building international brands. If a company has a listing demand, Protus Group has the ability and experience to support its listing in multiple countries.

Mr. Gao Minghui also stated that “our team has accompanied, supported, and witnessed the success and failure of thousands of small and large enterprises, accumulating rich experience and an international perspective. These experiences and perspectives will be shared with enterprises, hoping that they can avoid risks, avoid detours, and grow rapidly in their development process.”.

Mr. Doan Dinh Binh, Deputy General Manager of Protus Group Vietnam, introduced the group’s business operations in the agricultural sector.

Mr. Doan Dinh Binh, Deputy General Manager of Protus Group Vietnam, introduced the business scope and advantages of Protus Group to the attending enterprises. The group not only has strong development in Singapore, but also operates in other Southeast Asian countries such as Malaysia and Vietnam. The business scope covers corporate financing, listing, and private asset management. The total financing amount for businesses such as supply chain financing, credit conversion financing, and corporate listing financing exceeds 15 billion US dollars.

Protus Group owns licensed fund institutions in Singapore, with funding sources in compliance with Singaporean and Vietnamese laws; The business model is flexible and can provide financial support through investment, joint ventures, joint ventures, credit, and alliances; Cooperating from small to large, from shallow to deep, from three dimensions of funds, resources, and experience, providing financial support based on the specific situation of the enterprise, and quickly and effectively solving business problems.

Lin Tong Province entrepreneur exchanges information with Singapore investment fund Protus Group.

At the meeting, entrepreneurs from Lin Tong Province and Protus Group had a detailed discussion on cooperation. Protus Group has provided detailed answers to the common concerns of enterprises regarding cooperation conditions, cooperation methods, and profit sharing.

In order to better serve enterprises in Lintong Province, Protus Group will quickly establish an office in Lintong Province and visit enterprises as soon as possible for one-on-one communication and exchange, providing the most suitable financial service solutions.

Through this exchange meeting, it has greatly promoted the understanding and understanding between Protus Group and enterprises in Lintong Province, laying a solid foundation for future cooperation between the two sides. Protus Group has reached a cooperation intention with the Lin Tong Provincial Commercial Association and signed a memorandum of cooperation.

Mr. Dinh MinhQuy (right), Chairman of the Lin Tong Provincial Business Association, and Mr. Zhao Xin (left), CRO of Protus Group and General Manager of Vietnam Company, signed a memorandum of cooperation.

The attendees of Protus Group include Ms. Pan Xiaojing, CEO of the group, Ms. Sally, Vice President of Wealth Management Department, Bai Yin and Liu Zhiyong, Vice President of Vietnam Company, and Fan Zhijun, Business Manager

Lin Tong Province Entrepreneur Orchard.

Lin Tong Province Entrepreneur Factory.

After the exchange meeting, in order to further understand the actual situation of enterprises in Lintong Province, Protus Group decided to stay in Lintong Province for another week and have face-to-face communication with multiple enterprises. Protus Group will select suitable enterprises based on communication, and the due diligence team of the company will conduct a detailed investigation and understanding of their actual production and operation situation.

“The group has communicated with nearly 30 companies that are willing to cooperate (including production and operation, financial status, enterprise scale, development positioning, etc.), and we have selected 14 target companies that meet the group’s requirements. The two sides will immediately proceed to the next stage of negotiations, striving to reach a support and cooperation agreement as soon as possible.” Mr. Doan Dinh Binh, Deputy General Manager of Prudential Vietnam, shared.

Lin Tong Province entrepreneur exchanges information with Singapore investment fund Protus Group.