Page 18 - One report AUCT2024_Eng

Part 1
Business Operation and Operating Results
2018 - 2022
● The Company opened 6 warehouses to support the business expansion from an increased number of vehicles in Srakaew, Chiang Rai, Lampang, Srisaket, Phang Nga, and Kamphaeng Phet.
● Developed 6 new lease areas to be bigger than the previous areas in Udon Thani, Khon Kaen, Sakon Nakhon, Surin, Rayong, and Chonburi (Pattaya).
● The Company developed the warehouse in Ratchaburi province to be a branch of auction services to support business expansion in the central region.
● Expand areas at the head office for approximately 18 rai as reserved areas for parking of the confiscated vehicles which is expected to increase after the end of measures to assist the borrowers of the financial institutions implemented during the COVID-19 situation period.
● The Company has been listed as “200 Best Under a Billion” List in 2020 from Forbes Asia.
● Increase AUCT Serve service, which is a post-auction vehicle transportation service.
● Increase AUCT BID service, which is a timed auction.
2023
● Increase AUCT Finn service, which is a loan provision service for customers who need to refinance and need loan for vehicle auction.
● Expand areas of warehouses in 10 provinces, such as Suphan Buri, Kamphaeng Phet, Nakhon Ratchasima (Pak Chong), Kalasin, Buriram, Nong Khai, Krabi, Prachin Buri, Loei, and Chaiyaphum to accommodate the increased number of the products after the end of the debt moratorium measures.
● Commence the “AUCT Garage Friend” project with objectives to facilitate the customers on repair or maintenance of the auctioned vehicle by signing in the memorandum of understanding (MOU) with the Central Insurance Garage Association.
● Initiate the Cooperative Hub Auction Project with objectives to expand the retail customer bases in the agricultural machine segment by signing in the memorandum of understanding (MOU) with the Agricultural Marketing Cooperative Limited (AMC) and the pilot project has been conducted in Khon Kaen for the first province.
18
Annual Registration Statement / Annual Report 2024
(Form 56-1 One Report)