Analysis of executives and compensation of Fuling mustard company

Mondo Gastronomy Updated on 2024-02-03

Speaking of the Fuling mustard company, it is estimated that more than 90% of the people in China have eaten the company's mustard. Fuling mustard is the largest mustard production and operation enterprise in China. It is a key leading enterprise of agricultural industrialization at the national, Chongqing and Fuling district levels, and it is also a national leading enterprise. Fuling mustard specializes in the production and operation of "Wujiang" mustard products, with 8 mustard production plants, 1 digital production workshop, 15 automated production lines and 300,000 tons of raw material fermentation cellars, with an annual production capacity of up to 200,000 tons of mustard and kimchi. In 2020, the company achieved total profits and taxes of more than 1 billion yuan, assets of more than 3 billion yuan, and market value of more than 30 billion yuan, making it the only listed company in China's pickle industry.

A small piece of mustard, I can't imagine that there are so many honors behind it, Fuling mustard is located in Chongqing, is a state-owned enterprise, the company currently has more than 3,100 employees, since the listing in 2010, the company's share price has risen more than 6 times, before it is also the favorite of shareholders, and has been held by social security, the company's stock price is in a channel in the past two years.

Because it is a state-owned enterprise, the chairman's shareholding ratio is not high, according to the current stock price, the chairman's worth is about 200 million, which is still different from the value of the bosses of many private listed companies. Mr. Zhou Binquan, the chairman of Fuling mustard, is 60 years old, and he is the vice president of the China Condiment Association and the chairman of the China Pickle Committee. Since 2000, he has served as the chairman, general manager and deputy secretary of the party committee of the company, and is currently the chairman and secretary of the party committee of the company.

Mr. Wei Yongsheng, Chief Financial Officer and Secretary of the Board of Directors of Fuling Mustard, born in 1976; Medium ** member; Bachelor's degree; Bachelor's degree in Economics, Senior Accountant; He joined the company in 1999 and has been engaged in financial work, successively serving as section chief, deputy manager, manager, chief financial officer and assistant general manager of the company's financial management department. He is currently the director, deputy general manager, chief financial officer and secretary of the board of directors of the company. This Mr. Dong should have worked in the company as soon as he graduated, and he has been working for 24 years, and the annual salary he currently receives in the company is more than 700,000 yuan. Although the wages of state-owned enterprises are not high, but the benefits of the first must be a lot, not to mention that everyone understands, especially the company of Fuling mustard, don't look at it sounds very ordinary, in fact, the gross profit margin and net profit margin of this company are really high, less than 30 billion a year, but the net profit is close to one billion, such a company, the welfare of employees will not be bad to the first, after all, the company can make money.

However, we can not ignore the fierce competition in the market, in recent years, the revenue growth of Fuling mustard has slowed down significantly, although the net profit is OK, but there are not too many bright spots, which is estimated to be one of the reasons why the company's stock price has continued to fall in the past two years. As a listed food company that was once loved by investors, Fuling mustard still has a long way to go in the future. List of high-quality authors

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