First Tractor Company Limited

SHSE:601038 Stock Report

Market Cap: CN¥16.0b

First Tractor Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Tao Wei

Chief executive officer

CN¥847.6k

Total compensation

CEO salary percentage94.3%
CEO tenureless than a year
CEO ownershipn/a
Management average tenure3.1yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tao Wei's remuneration changed compared to First Tractor's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CN¥1b

Dec 31 2023n/an/a

CN¥997m

Sep 30 2023n/an/a

CN¥970m

Jun 30 2023n/an/a

CN¥854m

Mar 31 2023n/an/a

CN¥686m

Dec 31 2022CN¥848kCN¥800k

CN¥681m

Compensation vs Market: Tao's total compensation ($USD117.05K) is below average for companies of similar size in the CN market ($USD174.29K).

Compensation vs Earnings: Insufficient data to compare Tao's compensation with company performance.

CEO

Tao Wei (43 yo)

less than a year

Tenure

CN¥847,600

Compensation

Mr. Tao Wei serves as General Manager of First Tractor Company Limited from October 23, 2023 and serves as its Director from November 8, 2023 and served as Deputy General Manager of First Tractor Company L...

Leadership Team

NamePositionTenureCompensationOwnership
Jiguo Liu
Non-Independent Executive Chairman5.1yrsCN¥1.75mno data
Tao Wei
GM & Directorless than a yearCN¥847.60kno data
Zhifeng Kang
Financial Controller1.4yrsCN¥80.50kno data
Wensheng Su
Deputy General Manager5.6yrsCN¥1.39mno data
Wenpu Xue
Deputy General Manager4.8yrsCN¥1.37mno data
Guangjun Yang
Deputy General Managerno dataCN¥934.00kno data
Lina Yu
Deputy GM & Company Secretary17.8yrsCN¥1.41mno data
Qingliang Zhao
Deputy General Managerless than a yearno datano data

3.1yrs

Average Tenure

46.5yo

Average Age

Experienced Management: 601038's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jiguo Liu
Non-Independent Executive Chairman5.1yrsCN¥1.75mno data
Tao Wei
GM & Directorless than a yearCN¥847.60kno data
Lak Pun Sit
Independent Non-Executive Director5.6yrsCN¥112.40kno data
Bin Zhang
Non-Executive Director1.5yrsno datano data
Kun Yang
Staff Representative Supervisor5.6yrsno datano data
Zhiyu Zhang
Non-Independent Non-Executive Director2.1yrsCN¥15.50kno data
Yu Yang
Chairman of Board of Supervisors2.5yrsno datano data
Xianfa Fang
Non-Independent Non-Executive Director2.1yrsno datano data
Shumao Wang
Independent Non-Executive Director2.1yrsCN¥74.40kno data
Liyou Xu
Independent Non-Executive Director2.1yrsno datano data
Aiqin Gu
Non-Staff Representative Supervisor2.1yrsno datano data
Bin Xiao
Non-Staff Representative Supervisor2.1yrsno datano data

2.1yrs

Average Tenure

54yo

Average Age

Experienced Board: 601038's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy PolicyLogos provided by Clearbit
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.