We attended DXG's annual general meeting (AGM) on Saturday, June 26, 2021. A total of 33 shareholders/authorized persons were present, accounting for 59% of DXG's total shares. Shareholders approved 2021 guidance for revenue of VND9.0tn (USD391mn; +211% YoY) and NPAT-MI of VND1.35tn (USD59mn; vs a loss of VND496bn/USD22mn in 2020). This earnings guidance is 7% higher than our 2021F NPAT-MI forecast of VND1.26tn (USD55mn), which we mainly attribute to higher earnings guidance for property bro