Recently, the 2023 annual report of A- share listed companies was officially disclosed. In addition to the company's performance, the chairman's salary that investors are concerned about was also announced.

silver persimmon finance and economics, combined with flush I asked financial data, found that there were 11 fewer chairmen earning more than 10 million yuan in 2023 than in 2022. Li ge, chairman of yaoming kant (603259.SH), replaced Zhou fugui, chairman of trinity energy (688349.SH), with an annual salary of 41.9686 million yuan (before tax, the same below), ranking first in the salary list.

the number of chairmen earning more than 10 million a year decreased by 11

Flush I Wencai data shows that in 2023, there were 16 chairmen of A- share listed companies with an annual salary of more than 10 million yuan, a decrease of 11 from 2022.

ranked first is Li Ge, chairman of Yao Ming Kant, with an annual salary of 41.9686 million yuan. His annual salary in 2021 and 2022 was 24.7638 million yuan and 41.969 million yuan respectively. In 2022, his annual salary increased significantly year on year. In 2023, his salary was almost the same as that of the previous year. The total pre tax remuneration from the company in three years was close to 0.11 billion yuan.

According to the annual report, Li Ge was born in January 1967 and is currently the chairman and chief executive officer of WuXi AppTec. He did not directly hold shares in the company during the reporting period. Flush data show that Li Ge indirectly holds about 0.2061 billion shares, or 7.03 per cent.

In terms of performance, WuXi AppTec achieved revenue of 40.341 billion yuan in 2023, up 2.51 percent year-on-year; net profit attributable to its parent company was 9.607 billion yuan, up 9 percent year-on-year, and both revenue and net profit growth slowed significantly from 2022.

data show that Li Xiting, chairman of Mindray Medical (300760.SZ), and Pan Gang, chairman and president of Yili Stock (600887.SH), also earn 26.6286 million yuan and 21.7932 million yuan respectively. The annual salary of the above two in 2022 is 26.2139 million yuan and 25.727 million yuan respectively. Li Xiting's annual salary shows a slight increase, while Pan Gang's annual salary decreases by nearly 4 million yuan year on year.

among the 10 million annual salary chairmen, Fang Hongbo, chairman and president of Midea Group (000333.SZ), Li Dongsheng, chairman and CEO of TCL Technology (000100.SZ), Dong Mingzhu, chairman and president of Gree Electric (000651.SZ), and Zhong Baoshen, chairman of Longji Green Energy (601012.SH) are more well-known.

Baiji Shenzhou has suffered net losses for 5 consecutive years, and the annual salary of the chairman has risen instead of falling

From the perspective of the above-mentioned 16 listed companies, there are 4 pharmaceutical and biological industries, accounting for the highest proportion, followed by the basic chemical and electronic industries, both with 3, and the power equipment and household appliances industries respectively. 2.

among the 16 chairmen mentioned above, Zhang xuezheng, chairman of wentai technology (600745.SH), had the largest annual salary drop, with a year-on-year decrease of 14.2295 million yuan. Zhu Zhaojiang, chairman of Chuanyin Holdings (688036.SH), increased his salary by 11.2284 million yuan from 1.2992 million yuan in 2022 to 12.5276 million yuan in 2023. In 2023, under the leadership of Zhu Zhaojiang, Chuanyin Holdings achieved revenue of 62.295 billion yuan, an increase of 33.69 percent over the same period last year, and net profit attributable to its parent was 5.537 billion yuan, an increase of 122.93 percent over the same period last year.

among the above companies, there are 4 companies with both revenue and net profit, namely Jiang Han new materials (603281.SH), plum blossom biology (600873.SH), fosun pharmaceutical (600196.SH) and CIMC group (000039.SZ). The salary level of the chairman of a listed company is often linked to the company's performance. In the case of poor performance, the annual salary of the chairman is usually reduced accordingly. Among them, the annual salary of Meihua Biology Chairman Wang Aijun is reduced by 6.34 million yuan year on year, the annual salary of CIMC Chairman Mai Boliang is reduced by 2.374 million yuan year on year, the annual salary of Fosun Pharmaceutical Chairman Wu Yifang is reduced by 547200 yuan year on year, while the annual salary of Jiang Han Xincai, from 12.7093 million yuan in 2022 to 12.7161 million yuan in 2023.

it is worth mentioning that among the listed companies owned by the chairman with an annual salary of 10 million, Baiji Shenzhou-U(688235.SH) is the only company with a net profit loss in 2023. Flush iFinD data show that from 2019 to 2023, Baiji Shenzhou suffered net losses for five consecutive years, with net profits of -6.915 billion yuan, -11.384 billion yuan, -9.748 billion yuan, -13.642 billion yuan and -6.716 billion yuan respectively. However, the annual salary of the chairman of the company, Ou Leiqiang, rose from 13.6229 million yuan in 2022 to 16.9459 million yuan in 2023, rising to the fourth place in the 2023 salary list of the chairman of A- share listed companies.

the annual salary of trinity chairman dropped by nearly 85%

it is worth noting that Zhou Fugui, who ranked first in the annual salary list of the chairman of the board of directors of listed companies in 2022, has a sharp reduction in salary in 2023, falling out of the ranks of 10 million annual salary and ranking to 57th. Zhou Fugui is the chairman of Sany Heavy Energy. His salary will be 42.3561 million yuan in 2022 and only 6.44 million yuan in 2023, a decrease of nearly 85%.

not only the chairman of the board of directors has been greatly reduced, but most of the senior executives of Sany Heavy Energy have also been reduced. Data show that Li Qiang, general manager of Sany Heavy Energy, will earn as much as 54.9789 million yuan in 2022 and only 6.4785 million yuan in 2023, a drop of 88%. In addition, the salary of deputy general manager Yu Liang will drop from 12.0684 million yuan in 2022 to 2.9062 million yuan in 2023, and the salary of deputy general manager Liao Xudong will drop from 5.6115 million yuan to 1.786 million yuan. The salary reduction of the above four executives in 2023 alone saved 97.4042 million yuan for Sany.

Sany Heavy Energy's main business is the research and development, manufacturing and sales of wind turbines, and the design, construction, and operation management of wind farms. The company achieved revenue of 14.939 billion yuan in 2023, a year-on-year increase of 21.21; the net profit attributable to the parent was 2.007 billion yuan, An increase of 21.78. But the company's performance in the first quarter of this year has been weak, net profit fell 44.92.

Sany Heavy Energy pointed out in the "2024 Action Plan of" Improving Quality, Increasing Efficiency and Reward "" that in 2024, the company will follow the "Articles of Association", "Remuneration and Appraisal Committee Rules of Procedure" and other provisions, combined with the company The actual situation such as the scale of operation and referring to the industry salary level, formulate the company's management salary. The total compensation will be determined based on the Company's operating performance, the performance and contribution of senior management, performance appraisal and other factors.

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