Innovation New Material Technology Management

Management criteria checks 0/4

Innovation New Material Technology's CEO is Wei Wang, appointed in Dec 2022, has a tenure of 1.42 years. directly owns 1.85% of the company’s shares, worth CN¥336.05M. The average tenure of the management team and the board of directors is 1.4 years and 1.4 years respectively.

Key information

Wei Wang

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.4yrs
CEO ownership	1.8%
Management average tenure	1.4yrs
Board average tenure	1.4yrs

Recent management updates

Recent updates

Sentiment Still Eluding Innovation New Material Technology Co., Ltd. (SHSE:600361)

Feb 29

CEO

Wei Wang (56 yo)

1.4yrs

Tenure

...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Minghui Chen	Deputy General Manager	1.4yrs	CN¥1.39m	0.00085% CN¥ 154.4k
Wei Wang	GM & Director	1.4yrs	no data	1.85% CN¥ 336.0m
Feng Xu	Deputy GM	1.4yrs	no data	no data
Xiao Guang Zhao	Deputy GM & Director	1.4yrs	no data	no data

1.4yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 600361's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Wei Wang	GM & Director	1.4yrs	no data	1.85% CN¥ 336.0m
Feng Xu	Deputy GM	1.4yrs	no data	no data
Xiao Guang Zhao	Deputy GM & Director	1.4yrs	no data	no data
Jianhong Zhang	Supervisor	1.4yrs	no data	no data
Bingqin Luo	Independent Director	1.4yrs	CN¥6.70k	no data
Lixin Cui	Chairman	1.4yrs	CN¥1.13m	16.24% CN¥ 3.0b
Fang Li	Supervisor	1.4yrs	no data	no data
Hui Xiong	Independent Director	1.4yrs	no data	no data
Jianguo Tang	Independent Director	1.4yrs	no data	no data

1.4yrs

Average Tenure

54yo

Average Age

Experienced Board: 600361's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Innovation New Material Technology Management

Management criteria checks 0/4

Key information

Recent management updates

Innovation New Material Technology Co., Ltd., Annual General Meeting, May 16, 2024

No independent directors

Less than half of directors are independent

Recent updates

First quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.066 in 1Q 2023)

Innovation New Material Technology Co., Ltd., Annual General Meeting, May 16, 2024

Investor sentiment deteriorates as stock falls 16%

Innovation New Material Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024

Investor sentiment improves as stock rises 17%

Sentiment Still Eluding Innovation New Material Technology Co., Ltd. (SHSE:600361)

Investor sentiment deteriorates as stock falls 21%

Innovation New Material Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024

Third quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.15 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.14 loss in 2Q 2022)

Investor sentiment improves as stock rises 18%

Innovation New Material Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023

Full year 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.42 loss in FY 2021)

No independent directors

Beijing Hualian Hypermarket Co., Ltd. (SHSE:600361) completed the acquisition of Shandong Innovation Metal Technology Co., Ltd., from Chuangxin Group, Chuangxin Metal Financial Investors, Cui Lixin, Yang Aimei, Geng Hongyu, Wang Wei and other shareholders.

Third quarter 2022 earnings released: CN¥0.15 loss per share (vs CN¥0.19 loss in 3Q 2021)

Second quarter 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.096 loss in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: CN¥0.19 loss per share (vs CN¥0.05 profit in 3Q 2020)

Beijing Hualian Hypermarket Co., Ltd. (SHSE:600361) intends to acquire Shandong Innovation Metal Technology Co., Ltd., from Chuangxin Group, Chuangxin Metal Financial Investors, Cui Lixin, Yang Aimei, Geng Hongyu and Wang Wei for CNY 12.2 billion.

Second quarter 2021 earnings released: CN¥0.096 loss per share (vs CN¥0.024 profit in 2Q 2020)

Investor sentiment improved over the past week

Price target decreased to CN¥4.05

Price target decreased to CN¥4.05

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

New 90-day low: CN¥3.55

New 90-day low: CN¥3.66

New 90-day low: CN¥3.92

New 90-day low: CN¥4.22

Beijing Hualian Wanmao Shopping Mall Management Co., Ltd. Enters into Termination Agreement with Beijing Hualian Hypermarket Co. Ltd. and an Agreement for A New 20-Year Lease

Third quarter earnings released

New 90-day low: CN¥4.31

New 90-day low - CN¥4.49

Beijing Hualian Hypermarket Co., Ltd. (SHSE:600361) completed the acquisition of Qinghai China Resources Vanguard Living Supermarket Co., Ltd from Shaanxi China Resources Vanguard Living Supermarket Co., Ltd.

Analysts update estimates

Price target raised to CN¥4.76

Earnings released

Beijing Hualian Hypermarket Co., Ltd. (SHSE:600361) made a bid to acquire Qinghai China Resources Vanguard Living Supermarket Co., Ltd from Shaanxi China Resources Vanguard Living Supermarket Co., Ltd for CNY 47.7 million.

Beijing Hualian Hypermarket Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age