China Zheshang Bank Management

Management criteria checks 2/4

China Zheshang Bank's CEO is Rongsen Zhang, appointed in Jul 2021, has a tenure of 2.92 years. total yearly compensation is CN¥2.26M, comprised of 53% salary and 47% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth CN¥4.59M. The average tenure of the management team and the board of directors is 1 years and 2.8 years respectively.

Key information

Rongsen Zhang

Chief executive officer

CN¥2.3m

Total compensation

CEO salary percentage	53.0%
CEO tenure	2.9yrs
CEO ownership	0.006%
Management average tenure	less than a year
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rongsen Zhang's remuneration changed compared to China Zheshang Bank's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	CN¥14b
Dec 31 2023	CN¥2m	CN¥1m	CN¥14b
Sep 30 2023	n/a	n/a	CN¥13b
Jun 30 2023	n/a	n/a	CN¥13b
Mar 31 2023	n/a	n/a	CN¥12b
Dec 31 2022	CN¥2m	CN¥1m	CN¥12b
Sep 30 2022	n/a	n/a	CN¥13b
Jun 30 2022	n/a	n/a	CN¥12b
Mar 31 2022	n/a	n/a	CN¥12b
Dec 31 2021	CN¥2m	CN¥1m	CN¥12b
Sep 30 2021	n/a	n/a	CN¥12b
Jun 30 2021	n/a	n/a	CN¥12b
Mar 31 2021	n/a	n/a	CN¥11b
Dec 31 2020	CN¥2m	n/a	CN¥11b
Sep 30 2020	n/a	n/a	CN¥11b
Jun 30 2020	n/a	n/a	CN¥11b
Mar 31 2020	n/a	n/a	CN¥12b
Dec 31 2019	CN¥4m	n/a	CN¥12b
Sep 30 2019	n/a	n/a	CN¥13b
Jun 30 2019	n/a	n/a	CN¥12b
Mar 31 2019	n/a	n/a	CN¥12b
Dec 31 2018	CN¥3m	n/a	CN¥11b

Compensation vs Market: Rongsen's total compensation ($USD311.90K) is about average for companies of similar size in the CN market ($USD359.31K).

Compensation vs Earnings: Rongsen's compensation has been consistent with company performance over the past year.

CEO

Rongsen Zhang (56 yo)

2.9yrs

Tenure

CN¥2,263,000

Compensation

Mr. Rongsen Zhang has been the President and Executive Director at China Zheshang Bank Co., Ltd since July 15, 2021 and served as its Acting Chairman of the Board since January 14, 2022 and served as its V...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jianqiang Lu	Executive Chairman	1.2yrs	CN¥934.00k	no data
Rongsen Zhang	President & Executive Director	2.9yrs	CN¥2.26m	0.0063% CN¥ 4.6m
Haiqiang Chen	Executive Director & VP	no data	CN¥1.91m	0.0027% CN¥ 2.0m
Hong Ma	Executive Director	no data	CN¥1.40m	0.00030% CN¥ 216.6k
Feng Luo	Vice President & Secretary of the Board of Directors	less than a year	CN¥1.91m	0.0027% CN¥ 2.0m
Jingran Lin	Vice President	less than a year	CN¥163.30k	0.00085% CN¥ 613.7k
Weixin Zhou	Assistant to the President	less than a year	CN¥584.20k	no data
Shizheng Song	GM of Financial Technology Department & Chief Information Officer	6.4yrs	CN¥1.75m	no data
Huafeng Pan	Chief Risk Officer & Assistant to President	less than a year	no data	no data
Yin Wah Chan	Joint Company Secretary	6.1yrs	no data	no data
Zhiyuan Peng	Employee Representative Supervisor	no data	no data	no data
Haijing Ye	Director of Inclusive Finance Business	no data	no data	no data

1.0yrs

Average Tenure

52yo

Average Age

Experienced Management: 601916's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jianqiang Lu	Executive Chairman	1.2yrs	CN¥934.00k	no data
Rongsen Zhang	President & Executive Director	2.9yrs	CN¥2.26m	0.0063% CN¥ 4.6m
Haiqiang Chen	Executive Director & VP	2.6yrs	CN¥1.91m	0.0027% CN¥ 2.0m
Hong Ma	Executive Director	2.6yrs	CN¥1.40m	0.00030% CN¥ 216.6k
Zhiyuan Peng	Employee Representative Supervisor	1.4yrs	no data	no data
Tingmei Fu	Independent Non-executive Director	1.1yrs	CN¥230.00k	no data
Qinhong Gao	Non-Executive Director	20.1yrs	no data	no data
Zhifang Zhou	Independent Non-Executive Director	5.7yrs	CN¥380.00k	0% CN¥ 0
Tiangao Hu	Non-Executive Director	20.1yrs	no data	no data
Wei Wang	Independent Non-Executive Director	3.6yrs	CN¥340.00k	0% CN¥ 0
Yongbin Xu	Independent Non-Executive Director	2.3yrs	CN¥360.00k	no data
Dingfang Guo	Chairman of Board of Supervisors	3yrs	no data	no data

2.8yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 601916's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

China Zheshang Bank Management

Management criteria checks 2/4

Key information

Recent management updates

China Zheshang Bank Co., Ltd, Annual General Meeting, Jun 12, 2024

China Zheshang Bank Co., Ltd Announces Executive Changes

China Zheshang Bank Co., Ltd Announces Resignation of Mr. Guan Pinfang as an Independent Non-Executive Director

China Zheshang Bank Co., Ltd Announces Executive Changes

China Zheshang Bank Co., Ltd Appoints Chan Yin Wah as Company Secretary and an Authorized Representative

China Zheshang Bank Co., Ltd Announces Resignation of Mr. Zhuang Yuemin from His Position as A Non-Executive Director, with Effect from February 6, 2023

Recent updates

China Zheshang Bank Co., Ltd Approves Final Dividend for the Financial Year End 31 December 2023, Payable on July 15, 2024

China Zheshang Bank Co., Ltd, Annual General Meeting, Jun 12, 2024

China Zheshang Bank Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024

China Zheshang Bank Co., Ltd to Report Fiscal Year 2023 Results on Mar 29, 2024

China Zheshang Bank Co., Ltd Announces Executive Changes

China Zheshang Bank Co., Ltd Announces Resignation of Mr. Guan Pinfang as an Independent Non-Executive Director

Wuchan Zhongda (Zhejiang) Industrial Investment Co., Ltd. signed an equity transfer agreement to acquire 43.4% stake in Zhejiang Qixin Alloy Materials Co., Ltd. from China Zheshang Bank Co., Ltd, Hua Xia Bank Co., Limited, Wanxiang Trust Co., Ltd. and Zheshang Jinhui Trust Co., Ltd.

Wuchan Zhongda (Zhejiang) Industrial Investment Co., Ltd. signed an equity transfer agreement to acquire 43.4% stake in Zhejiang Qixin Alloy Materials Co., Ltd. from China Zheshang Bank Co., Ltd, Hua Xia Bank Co., Limited, Wanxiang Trust Co., Ltd. and Zheshang Jinhui Trust Co., Ltd.

China Zheshang Bank Co., Ltd Announces Executive Changes

China Zheshang Bank Co., Ltd to Report First Half, 2023 Results on Aug 30, 2023

China Zheshang Bank Co., Ltd Appoints Chan Yin Wah as Company Secretary and an Authorized Representative

China Zheshang Bank Co. Ltd. Approves Final Dividend for the Year Ended 31 December 2022, Payable on 1 June 2023

China Zheshang Bank Co., Ltd Announces Resignation of Mr. Zhuang Yuemin from His Position as A Non-Executive Director, with Effect from February 6, 2023

China Zheshang Bank Co., Ltd Elects Wu Fanghua and Peng Zhiyuan as Employee Representative Supervisors of the Supervisory Committee

China Zheshang Bank Co., Ltd to Report Q3, 2022 Results on Oct 28, 2022

China Zheshang Bank Co., Ltd Announces Resignation of Pan Jianhua as A Shareholder Representative Supervisor of the Bank and A Member of the Nomination Committee of the Supervisory Committee

China Zheshang Bank Co., Ltd to Report First Half, 2022 Results on Aug 29, 2022

China Zheshang Bank Co., Ltd Announces Resignation of Cheng Huifang as an External Supervisor of the Bank

China Zheshang Bank Co., Ltd, Annual General Meeting, Jun 27, 2022

China Zheshang Bank Co., Ltd to Report Q1, 2022 Results on Apr 25, 2022

China Zheshang Bank Co., Ltd Elects Lu Jianqiang as A Director of the Sixth Session of the Board

China Zheshang Bank Co., Ltd Announces Board Changes

China Zheshang Bank Co., Ltd Recommends Cash Dividend for the Year 2020, Payable on Before August 27, 2021

China Zheshang Bank Co., Ltd to Report Fiscal Year 2020 Results on Mar 31, 2021

China Zheshang Bank Co., Ltd Announces Executive Changes

China Zheshang Bank Co., Ltd Announces Resignation of Jiang Rong as Employee Representative Supervisor

China Zheshang Bank Co., Ltd to Report Q3, 2020 Results on Oct 29, 2020

China Zheshang Bank Co., Ltd Announces Resignation of Ge Meirong as Supervisor

China Zheshang Bank Co., Ltd to Report First Half, 2020 Results on Aug 22, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age