Thinker Agricultural Machinery Management

Management criteria checks 2/4

Thinker Agricultural Machinery's CEO is Zheng Bin, appointed in Jul 2021, has a tenure of 3.33 years. directly owns 0.59% of the company’s shares, worth CN¥12.80M. The average tenure of the management team and the board of directors is 5.4 years and 3.3 years respectively.

Key information

Zheng Bin

Chief executive officer

CN¥1.2m

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	0.6%
Management average tenure	5.4yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

Thinker Agricultural Machinery Co., Ltd. (SHSE:603789) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Nov 08

More Unpleasant Surprises Could Be In Store For Thinker Agricultural Machinery Co., Ltd.'s (SHSE:603789) Shares After Tumbling 25%

Jun 14

Thinker Agricultural Machinery Co., Ltd.'s (SHSE:603789) 27% Share Price Plunge Could Signal Some Risk

Apr 22

CEO

Zheng Bin (44 yo)

3.3yrs

Tenure

CN¥1,163,600

Compensation

Mr. Zheng Bin serves as General Manager and Director of Thinker Agricultural Machinery Co., Ltd. since July 16, 2021.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Zheng Bin	GM & Director	3.3yrs	CN¥1.16m	0.59% CN¥ 12.8m
Haijuan Wu	Financial Director & Accounting Supervisor	5.4yrs	CN¥340.90k	0.035% CN¥ 744.4k
Liming Wang	Board Secretary	5.4yrs	CN¥316.80k	0.069% CN¥ 1.5m

5.4yrs

Average Tenure

43yo

Average Age

Experienced Management: 603789's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Zheng Bin	GM & Director	3.3yrs	CN¥1.16m	0.59% CN¥ 12.8m
Shenqiang Zhang	Director	12.9yrs	CN¥396.90k	9.11% CN¥ 196.0m
Minsheng Xu	Director	2.9yrs	no data	0.18% CN¥ 4.0m
Dejun He	Chairman	3.9yrs	no data	0.59% CN¥ 12.8m
Lu Li	Independent Director	3.9yrs	CN¥63.20k	no data
Chuan Zhao	Supervisor	3.9yrs	no data	no data
Fangming Wang	Independent Director	2.5yrs	CN¥63.20k	no data
Jinghui Zheng	Director	1.8yrs	no data	0.069% CN¥ 1.5m
Qian Jun	Supervisor	2.5yrs	no data	no data

3.3yrs

Average Tenure

46yo

Average Age

Experienced Board: 603789's board of directors are considered experienced (3.3 years average tenure).

Thinker Agricultural Machinery Management

Management criteria checks 2/4

Key information

Recent management updates

Thinker Agricultural Machinery Co., Ltd., Annual General Meeting, May 21, 2024

Less than half of directors are independent

Insufficient new directors

Recent updates

Thinker Agricultural Machinery Co., Ltd. (SHSE:603789) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Third quarter 2024 earnings released: CN¥0.12 loss per share (vs CN¥0.12 loss in 3Q 2023)

Thinker Agricultural Machinery Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024

Second quarter 2024 earnings released: CN¥0.099 loss per share (vs CN¥0.015 loss in 2Q 2023)

Thinker Agricultural Machinery Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024

More Unpleasant Surprises Could Be In Store For Thinker Agricultural Machinery Co., Ltd.'s (SHSE:603789) Shares After Tumbling 25%

New minor risk - Financial position

Thinker Agricultural Machinery Co., Ltd., Annual General Meeting, May 21, 2024

Full year 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.61 loss in FY 2022)

Thinker Agricultural Machinery Co., Ltd.'s (SHSE:603789) 27% Share Price Plunge Could Signal Some Risk

Thinker Agricultural Machinery Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Thinker Agricultural Machinery Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024

New major risk - Financial position

Second quarter 2023 earnings released: CN¥0.015 loss per share (vs CN¥0.047 loss in 2Q 2022)

Thinker Agricultural Machinery Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023

First quarter 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.042 loss in 1Q 2022)

Less than half of directors are independent

Third quarter 2022 earnings released: CN¥0.10 loss per share (vs CN¥0.10 loss in 3Q 2021)

Second quarter 2022 earnings released: CN¥0.047 loss per share (vs CN¥0.038 loss in 2Q 2021)

First quarter 2022 earnings released: CN¥0.042 loss per share (vs CN¥0.14 loss in 1Q 2021)

Insufficient new directors

Third quarter 2021 earnings released: CN¥0.10 loss per share (vs CN¥0.11 loss in 3Q 2020)

Second quarter 2021 earnings released: CN¥0.038 loss per share (vs CN¥0.14 loss in 2Q 2020)

First quarter 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.056 loss in 1Q 2020)

New 90-day high: CN¥14.36

New 90-day low: CN¥13.00

Third quarter earnings released

New 90-day low: CN¥13.06

Huzhou Nanxun Zhongxing Industrial Development Co., Ltd. completed the acquisition of 5.98% stake in Thinker Agricultural Machinery Co., Ltd. (SHSE:603789) from Qian Juhua.

New 90-day low: CN¥13.16

Zhejiang Lumai Yicheng Technology Development Co., Ltd. completed the acquisition of 15% stake in Thinker Agricultural Machinery Co., Ltd. (SHSE:603789) from Huzhou Xinjiayuan Investment Management Co., Ltd.

Thinker Agricultural Machinery Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age