On August 24, 2018, Viet Nam Electrical Equipment Joint Stock Corporation announces the selling of shares of K.I.P Viet Nam Joint Stock Company (KIP) which owned by GELEX. Accordingly, K.I.P Viet Nam Joint Stock Company is no longer a subsidiary of Viet Nam Electrical Equipment Joint Stock Corporation (GELEX). Number of remaining shares of GEX at KIP is 72,000 shares.