The annual salary of the chairman exceeds 22 millionListed companies respond!

Mondo Finance Updated on 2024-01-19

Is the chairman's annual salary of more than 22 million yuan?Recently, China Innovation Airlines, a Hong Kong-listed company with the third largest installed capacity of power batteries in China, has been pushed to the forefront, because it has sorted out the executive compensation of lithium battery companies, and Liu Jingyu, chairman of China Innovation Airlines, has an annual salary of 2215 in 202220,000 yuan, ranking first in the industry.

In this regard, China Innovation Airlines issued a document to respond to the controversy: Liu Jingyu's actual pre-tax cash remuneration in 2022 is a total of 58570,000 yuan. A large part of the chairman's remuneration information disclosed by the company on the Hong Kong Stock Exchange is not the current income, and there is uncertainty.

The chairman's annual salary of more than 22 million caused controversy The salary controversy of Liu Jingyu, chairman of Innovation Airlines, may have originated from an article titled "1400 Lithium Battery Enterprise Executive Salary Rankings", and the author of the article is 24 Chao.

This article sorts out the ranking of 1400 lithium battery company executive salaries, among them, Liu Jingyu, chairman of China Innovation Airlines, with 2215The annual salary of 20,000 yuan is at the top of the list. The lithium executives ranked 2nd to 5th are Luo Hongyong, Supervisor of Sinomine Resources, Tao Huiping, Deputy General Manager of Tianji Co., Ltd., Chen Xuehua, Chairman of Huayou Cobalt, and Chen Hongliang, General Manager of Huayou Cobalt. The salaries of the above five executives in 2022 will all exceed 10 million yuan.

In this regard, the official *** of China Innovation Airlines issued a response saying: Chairman Liu Jingyu's actual pre-tax cash remuneration in 2022 is a total of 58570,000 yuan.

According to the article, the company's 2022 annual report disclosed on the Hong Kong Stock Exchange contains Chairman Liu Jingyu's remuneration information

Part I "Salaries and allowances" 25900,000 yuan, which is the annual salary.

Part II "Discretionary Bonus" 32670,000 yuan, which is an annual floating performance bonus.

Part III "Estimated Monetary Value of Other Benefits" 1625RMB 20,000 is the fair book value given by an independent third-party appraisal agency for the estimated equity of individual equity incentive shares, not the current income, and there is uncertainty about the time and amount of the final actual income (Note: the disclosed remuneration composition of A-share listed companies does not include this part).

Part IV "Employer's Contributions to Retirement Benefit Plans"430,000 yuan, which is the pension insurance paid by the company in accordance with the law (note: the composition of the remuneration disclosed by A-share listed companies does not include this part).

To sum up, the actual pre-tax cash remuneration received by Chairman Liu Jingyu in 2022 is the first and second parts of the above, totaling 58570,000 yuan.

The legendary female head has led the company to develop by leaps and bounds

Liu Jingyu, born in the 70s, is a well-known legendary female head in the industry.

According to the official website of China Innovation Airlines, Liu Jingyu joined China Innovation Airlines in July 2018, when the company's annual passenger car installed capacity ranked ninth in China. In 2020, the company's passenger car installed capacity ranked among the top three in the country. In 2022, the company's operating performance will continue to improve significantly, achieving a multiple growth in the installed capacity of power batteries for four consecutive years, making it one of the fastest-growing power battery companies in the world. In September 2023, the installed capacity of power batteries of China Innovation Aviation jumped to the first place in the world.

Fourth, the third in China.

According to the latest statistics of the China Power Battery Innovation Alliance, in the first 10 months of 2023, the power battery loading volume of China Innovation Aviation will be 266GWh, with a market share of 902%, 4276% and BYD's 2858% followed in third place.

On a global scale, the global power battery loading statistics of SNE Research, a global consulting agency, show that in September this year, China Innovation Airlines won 3The installed capacity of 6GWh of power batteries ranks fourth, with a market share of 53%。

Before joining China Innovation Airlines, Liu Jingyu was appointed by Tianma Microelectronics in a critical situation and led the company to turn losses into profits.

According to public information, in 2013, Liu Jingyu joined Tianma Microelectronics Co., Ltd., which was mired in losses, as the company's director and general manager. She changed "profit-oriented" to "customer-oriented" and won orders from a series of customers such as Huawei, Lenovo, and OPPO. In just 10 months, Tianma Microelectronics successfully escaped the predicament of losses and ranked among the first echelon of the display industry.

According to the 2023 semi-annual report of China Innovation Airlines, as of June 30, 2023, the company achieved operating income of 1229.5 billion yuan, a year-on-year increase of 341%;Net profit is about 26.6 billion yuan, a year-on-year increase of 608%, the growth is mainly due to the gradual release of the company's production capacity, more abundant product lines, market expansion and growing customer demand. China Innovation Airlines said that the company's operating performance continued to improve significantly, and the installed capacity of power batteries continued to grow exponentially, entering the top five in the world's installed power battery capacity.

In the first half of this year, the revenue of the two major businesses of China Innovation Airlines maintained a high growth. Among them, the revenue of power battery business increased by 20% year-on-year to 1037.7 billion yuan. Behind the high growth of this business income, the demand for new energy vehicles in China is still strong. According to the China Association of New Energy Vehicles, in the first half of 2023, China's new energy vehicle sales will be 3.75 million units, a year-on-year increase of 44%, and the penetration rate of new energy vehicles will reach 283%。According to the China Association, China's new energy vehicle sales are expected to reach 9 million units in 2023, a year-on-year increase of more than 30%.

China Innovation Airlines WeChat***

At the 2023 China Innovation Airlines Global Partner Conference held recently, Liu Jingyu said that there are two certain: from the rapid increase in the penetration rate of new energy vehicles in recent years, it can be seen that the good trend of industry development is certain;At the same time, there is still a lot of room for future market capacity, which is certain. In the future, China Innovation Airlines will definitely be able to enter the top three in the world, and it must also enter the top three in the world.

The natural advantage of new energy vehicles over fuel vehicles is intelligent networking, and we still have a lot of room for improvement under the premise that we have basically solved the problems of safety, quality and battery life. Next year, we will have a battery that can be charged for 10 minutes and has a range of 500 kilometers, and our large cylindrical batteries will be mass-produced in the fourth quarter of next year. She said, "In the future, our technology will continue to improve, and after solving the problems of energy supplement, low-temperature performance, and high-speed mileage reduction, the user experience of new energy vehicles will be far better than that of fuel vehicles." At the same time, after the performance of our products is extreme, we will also expand more application fields and more imaginative application scenarios. ”

Editor-in-charge: Zhu Yumeng.

Proofreading: Wang Chaoquan.

Copyright Notice

*All original content on the platforms of the Times, without written authorization, no unit or individual is allowed**. Our company reserves the right to pursue the legal responsibility of relevant actors.

*With cooperation, please contact**Times assistant, WeChat ID: securitiestimes

end

Click on a keyword to view it.

Periscope Series In-depth Report丨Stock Council Column丨Investing in Xiaohongshu丨E Company Investigation丨Times Meeting Room丨Top Ten Celebrity Private Equity Interview丨Rare!60,000 yuan smashed out of the "20cm" drop limit!丨Drag elephants, resist bullets, faster than 911....Tesla's "Impossible Car" Deliveries!丨Last night, international oil prices plunged!Tesla also has big news....丨Xiaomi does not have core technology?Lei Jun spoke again!丨Extreme Krypton responded: The prospectus has been submitted丨Drag the elephant, resist the bullet, and be faster than 911....Tesla's "Impossible Car" Delivery丨TikTok Big News丨Blockbuster Official Announcement!The "national team" has entered the field....丨Xiaomi Auto has made new progress!Lei Jun's latest voice: Life is never a cool article丨Official announcement!Huawei's "circle of friends" has expanded.

Related Pages