Shanghai Sinotec Management

Management criteria checks 3/4

Shanghai Sinotec's CEO is Huailei Wu, appointed in Dec 2016, has a tenure of 7.92 years. directly owns 51.86% of the company’s shares, worth CN¥1.53B. The average tenure of the management team and the board of directors is 2.1 years and 1.9 years respectively.

Key information

Huailei Wu

Chief executive officer

CN¥1.0m

Total compensation

CEO salary percentage	n/a
CEO tenure	7.9yrs
CEO ownership	51.9%
Management average tenure	2.1yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO

Huailei Wu (50 yo)

7.9yrs

Tenure

CN¥1,015,900

Compensation

Mr. Huailei Wu serves as Chairman of the Board at Shanghai Sinotec (Group) Co., Ltd. (formerly known as Shanghai Sinotec Co.,Ltd.) and also serves as its General Manager since December 2016.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Huailei Wu	Chairman of the Board & GM	7.9yrs	CN¥1.02m	51.86% CN¥ 1.5b
Yuehui Wu	Finance Director	1.9yrs	CN¥723.70k	no data
Weizhong Bo	Deputy GM & Director	1.9yrs	CN¥836.80k	0.028% CN¥ 832.0k
Ke Feng	Deputy GM	2.3yrs	CN¥1.02m	0.050% CN¥ 1.5m

2.1yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 603121's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Huailei Wu	Chairman of the Board & GM	7.9yrs	CN¥1.02m	51.86% CN¥ 1.5b
Weizhong Bo	Deputy GM & Director	1.9yrs	CN¥836.80k	0.028% CN¥ 832.0k
Ke Feng	Deputy GM	1.9yrs	CN¥1.02m	0.050% CN¥ 1.5m
Yunshan Ge	Independent Director	1.9yrs	CN¥120.00k	no data
Xiaofeng Tang	Independent Director	1.9yrs	CN¥120.00k	no data
Chuan Yang	Independent Director	5yrs	CN¥120.00k	no data
Bo Xu	Director	4.9yrs	CN¥120.00k	no data
Junwei Wang	Staff Supervisor	1.9yrs	no data	no data

1.9yrs

Average Tenure

53yo

Average Age

Experienced Board: 603121's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Shanghai Sinotec Management

Management criteria checks 3/4

Key information

Recent management updates

Shanghai Sinotec Co., Ltd., Annual General Meeting, May 15, 2024

Less than half of directors are independent

High number of new and inexperienced directors

High number of new and inexperienced directors

Recent updates

Shanghai Sinotec Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024

Investor sentiment improves as stock rises 16%

Second quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.058 in 2Q 2023)

New minor risk - Share price stability

Shanghai Sinotec Co., Ltd. to Report First Half, 2024 Results on Aug 21, 2024

Shanghai Sinotec Co., Ltd., Annual General Meeting, May 15, 2024

First quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 1Q 2023)

Investor sentiment improves as stock rises 16%

Shanghai Sinotec Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 17%

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 16%

Shanghai Sinotec Co., Ltd. announced that it expects to receive CNY 223.6 million in funding

Less than half of directors are independent

Shanghai Sinotec Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.028 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.058 (vs CN¥0.007 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.015 in 1Q 2022)

Shanghai Huajian Investment Management Co., Ltd. entered into an agreement to acquire 15.6022% stake in Huajian New Energy Technology (Shanghai) Co., Ltd. from Shanghai Sinotec (Group) Co., Ltd for CNY 47.1 million.

Shanghai Huajian Investment Management Co., Ltd. entered into an agreement to acquire 15.6022% stake in Huajian New Energy Technology (Shanghai) Co., Ltd. from Shanghai Sinotec (Group) Co., Ltd.

High number of new and inexperienced directors

Third quarter 2022 earnings released

Second quarter 2022 earnings released: CN¥0.002 loss per share (vs CN¥0.054 profit in 2Q 2021)

High number of new and inexperienced directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.08 in 3Q 2020)

Third quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.08 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.06 in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.05 in 1Q 2020)

New 90-day low: CN¥9.92

New 90-day low: CN¥10.46

Shanghai Sinotec (Group) Co., Ltd. (SHSE:603121) agreed to acquire Wuxi Senmic Sensor Technology Co., Ltd for approximately CNY 150 million.

New 90-day high: CN¥14.47

Third quarter earnings released

Shanghai Sinotec (Group) Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020

New 90-day low: CN¥12.63

First half earnings released

Shanghai Sinotec (Group) Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age