Zhejiang Busen Garments Management

Management criteria checks 0/4

Zhejiang Busen Garments' CEO is Yazhu Wang, appointed in Jul 2022, has a tenure of 1.83 years. directly owns 0.029% of the company’s shares, worth CN¥212.91K. The average tenure of the management team and the board of directors is 1.8 years and 2.2 years respectively.

Key information

Yazhu Wang

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.8yrs
CEO ownership	0.03%
Management average tenure	1.8yrs
Board average tenure	2.2yrs

Recent management updates

Recent updates

Zhejiang Busen Garments Co., Ltd.'s (SZSE:002569) 28% Price Boost Is Out Of Tune With Revenues

Mar 09

CEO

Yazhu Wang (66 yo)

1.8yrs

Tenure

Ms. Yazhu Wang is Chairman of the Board of Zhejiang Busen Garments Co., Ltd. since September 6, 2021 and is its GM & Acting CFO and is its Actual Controller since July 7, 2022.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yazhu Wang	Chairman of the Board	1.8yrs	no data	0.029% CN¥ 212.9k
Gang Wang	Deputy General Manager	15.8yrs	CN¥786.60k	0.20% CN¥ 1.5m
Dong Kan	Deputy GM & Secretary of the Board	1.8yrs	no data	no data

1.8yrs

Average Tenure

50yo

Average Age

Experienced Management: 002569's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Yazhu Wang	Chairman of the Board	2.7yrs	no data	0.029% CN¥ 212.9k
Yan Liu	Supervisor	6.3yrs	no data	no data
Xiaobei He	Independent Director	3.2yrs	CN¥30.00k	no data
Yanbo Wu	Non-Independent Director	4.7yrs	CN¥110.40k	no data
Benping Qin	Independent Director	3.2yrs	no data	no data
Xia Xiao	Director	3.2yrs	CN¥352.10k	0.0091% CN¥ 67.2k
Dong Liu	Director	1.8yrs	no data	no data
Jincai Yang	Director	1.8yrs	no data	no data
Yang Mu	Independent Director	1.7yrs	no data	no data
Baowen He	Supervisor	1.7yrs	no data	no data
Dawei Zhang	Supervisor	1.7yrs	no data	no data
Min Zhang	Supervisor	1.8yrs	no data	no data

2.2yrs

Average Tenure

47yo

Average Age

Experienced Board: 002569's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Zhejiang Busen Garments Management

Management criteria checks 0/4

Key information

Recent management updates

Zhejiang Busen Garments Co., Ltd., Annual General Meeting, May 25, 2023

High number of new and inexperienced directors

High number of new and inexperienced directors

Zhejiang Busen Garments Co., Ltd. Announces Election of Board

Recent updates

First quarter 2024 earnings released: CN¥0.07 loss per share (vs CN¥0.014 loss in 1Q 2023)

New minor risk - Market cap size

Zhejiang Busen Garments Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024

Zhejiang Busen Garments Co., Ltd.'s (SZSE:002569) 28% Price Boost Is Out Of Tune With Revenues

New minor risk - Market cap size

Zhejiang Busen Garments Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024

New minor risk - Share price stability

Third quarter 2023 earnings released: CN¥0.088 loss per share (vs CN¥0.26 loss in 3Q 2022)

Second quarter 2023 earnings released: CN¥0.22 loss per share (vs CN¥0.16 loss in 2Q 2022)

New minor risk - Market cap size

Zhejiang Busen Garments Co., Ltd., Annual General Meeting, May 25, 2023

Full year 2022 earnings released: CN¥0.49 loss per share (vs CN¥0.23 profit in FY 2021)

High number of new and inexperienced directors

Third quarter 2022 earnings released: CN¥0.26 loss per share (vs CN¥0.043 profit in 3Q 2021)

Second quarter 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.39 profit in 2Q 2021)

First quarter 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.12 loss in 1Q 2021)

High number of new and inexperienced directors

Third quarter 2021 earnings released: EPS CN¥0.043 (vs CN¥0.27 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.22 loss in 2Q 2020)

Zhejiang Busen Garments Co., Ltd. announced that it expects to receive CNY 271.74687 million in funding from Shaanxi Huaxia Xianhe Enterprise Development Co., Ltd

First quarter 2021 earnings released: CN¥0.12 loss per share (vs CN¥0.06 loss in 1Q 2020)

Zhejiang Busen Garments Co., Ltd. announced that it expects to receive CNY 282.51 million in funding from Zhejiang Hanman Technology Co., Ltd.

Full year 2020 earnings released: CN¥1.34 loss per share (vs CN¥0.32 profit in FY 2019)

Zhejiang Busen Garments Co., Ltd. Announces Election of Board

New 90-day low: CN¥8.38

New 90-day low: CN¥9.90

New 90-day low: CN¥10.65

New 90-day low: CN¥10.85

New 90-day low: CN¥13.00

Zhejiang Busen Garments Co., Ltd. to Report Q3, 2020 Results on Oct 22, 2020

Zhejiang Busen Garments Co., Ltd. announced that it expects to receive CNY 572.36949 million in funding from Beijing Dongfang Hengzheng Science And Trading Co., Ltd.

New 90-day high - CN¥16.99

New 90-day high - CN¥16.87

Zhejiang Busen Garments Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020

New 90-day high - CN¥16.16

Zhejiang Busen Garments Co., Ltd. (SZSE:002569) cancelled the acquisition of Zhuji Busen Investment Co., Ltd. from Busen Group Co., Ltd.

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age