CITIC Securities Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Yingguang Zou

Chief executive officer

CN¥4.8m

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	6.3yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yingguang Zou's remuneration changed compared to CITIC Securities's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	CN¥20b
Jun 30 2024	n/a	n/a	CN¥18b
Mar 31 2024	n/a	n/a	CN¥19b
Dec 31 2023	CN¥5m	n/a	CN¥19b
Sep 30 2023	n/a	n/a	CN¥21b
Jun 30 2023	n/a	n/a	CN¥21b
Mar 31 2023	n/a	n/a	CN¥21b
Dec 31 2022	CN¥5m	n/a	CN¥21b
Sep 30 2022	n/a	n/a	CN¥22b
Jun 30 2022	n/a	n/a	CN¥22b
Mar 31 2022	n/a	n/a	CN¥23b
Dec 31 2021	CN¥8m	CN¥2m	CN¥23b
Sep 30 2021	n/a	n/a	CN¥20b
Jun 30 2021	n/a	n/a	CN¥18b
Mar 31 2021	n/a	n/a	CN¥16b
Dec 31 2020	CN¥10m	CN¥2m	CN¥15b
Sep 30 2020	n/a	n/a	CN¥15b
Jun 30 2020	n/a	n/a	CN¥15b
Mar 31 2020	n/a	n/a	CN¥12b
Dec 31 2019	CN¥7m	CN¥2m	CN¥13b
Sep 30 2019	n/a	n/a	CN¥13b
Jun 30 2019	n/a	n/a	CN¥10b
Mar 31 2019	n/a	n/a	CN¥11b
Dec 31 2018	CN¥4m	CN¥2m	CN¥9b
Sep 30 2018	n/a	n/a	CN¥11b
Jun 30 2018	n/a	n/a	CN¥12b
Mar 31 2018	n/a	n/a	CN¥12b
Dec 31 2017	CN¥2m	CN¥512k	CN¥11b

Compensation vs Market: Yingguang's total compensation ($USD657.62K) is above average for companies of similar size in the CN market ($USD379.76K).

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

CEO

Yingguang Zou (54 yo)

no data

Tenure

CN¥4,766,400

Compensation

Mr. Yingguang Zou has been President of CITIC Securities Company Limited since November 6, 2024. He was Chief Executive of the Fixed Income Department of CITIC Securities Company Limited until October 23,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Youjun Zhang	Executive Chairman	8.8yrs	CN¥5.05m	0% CN¥ 0
Yingguang Zou	President	no data	CN¥4.77m	no data
Hao Zhang	CFO, Chief Marketing Officer & Chief Risk Officer	7.1yrs	CN¥5.27m	no data
Benliang Shi	Head of Accounting Department	no data	CN¥4.79m	no data
Yao Ma	Head of Investment Banking Management Committee & Global Investment Banking Management Committee	no data	CN¥5.46m	0.00016% CN¥ 676.1k
Xing Fang	Chief Information Officer and Head of Administration of Information & Technology Center	2yrs	CN¥4.34m	no data
Xinjiang Ye	Head of Healthcare Group	no data	CN¥3.56m	no data
Yi Sun	Head of Financial Industry Group & Deputy Head of Global Investment Banking Management Committee	6.3yrs	CN¥4.07m	no data
Yuxiang Gao	Head of Infrastructure & Real Estate Industry Group	no data	CN¥4.76m	no data
Jirui Xue	Head of the Equity Derivatives Business Line & Prime Service Business Line	no data	CN¥5.46m	no data
Chunbo Li	Head of Research Department	no data	CN¥5.90m	no data
Bing Yang	Chief Executive of the Asset Management Business	no data	CN¥4.66m	no data

6.3yrs

Average Tenure

53yo

Average Age

Experienced Management: 600030's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Youjun Zhang	Executive Chairman	8.8yrs	CN¥5.05m	0% CN¥ 0
Xuekun Niu	Senior VP of Planning & Finance Department and Employee Representative Supervisor	4.9yrs	no data	no data
Liqiang Yang	Employee Representative Supervisor and Deputy Head & Executive GM of IT Center	1.9yrs	no data	no data
Shuhui Wang	Non-Executive Director	no data	no data	no data
Jianhua Zhang	Independent Non-Executive Director	no data	CN¥315.00k	no data
Changyi Zhang	Chairman of the Supervisory Board	4.4yrs	no data	no data
Xianxin Zhao	Non-Executive Director	no data	no data	no data
Shaolin Chi	Non-Independent Director	less than a year	no data	no data
Wenshan Song	Independent Director	less than a year	no data	no data
Haifeng Jia	Non-Independent Director	less than a year	no data	no data
Xiangchen Liu	Independent Director	less than a year	no data	no data
Youting Wang	Independent Director	less than a year	no data	no data

0.9yrs

Average Tenure

54yo

Average Age

Experienced Board: 600030's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

CITIC Securities Management

Management criteria checks 2/4

Key information

Recent management updates

CITIC Securities Company Limited, Annual General Meeting, Jun 28, 2024

CITIC Securities Company Limited Announces Management Changes

Citic Securities Company Limited Appoints Zhu Yexin as an Executive Member of the Management Committee

CITIC Securities Company Limited Announces Chief Financial Officer Changes

Citic Securities Company Limited Announces Executive Appointments

CITIC Securities Company Limited Announces Cessation of Zou Yingguang as an Executive Member

Recent updates

Investor sentiment improves as stock rises 22%

CITIC Securities Company Limited to Report Q3, 2024 Results on Oct 30, 2024

Investor sentiment improves as stock rises 16%

CITIC Securities Company Limited Proposes Interim Dividend for the Six Months Ended 30 June 2024

Now 21% overvalued after recent price rise

Dividend reduced to CN¥0.47

A group of buyers acquired a 2.20% stake in SWS Hemodialysis Care Co., Ltd. (SHSE:688410) from Huagai Xincheng Medical Health Investment Chengdu Partnership (Limited Partnership)

CITIC Securities Company Limited Approves Final Dividend for the Year Ended 31 December 2023, Payable on 26 August 2024

CITIC Securities Company Limited, Annual General Meeting, Jun 28, 2024

CITIC Securities Company Limited Announces Management Changes

Citic Securities Company Limited Appoints Zhu Yexin as an Executive Member of the Management Committee

CITIC Securities Company Limited to Report Q1, 2024 Results on Apr 27, 2024

Full year 2023 earnings released: EPS: CN¥1.30 (vs CN¥1.42 in FY 2022)

Now 21% overvalued

CITIC Securities Company Limited Announces Chief Financial Officer Changes

CITIC Securities Company Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

Citic Securities Company Limited Announces Executive Appointments

Third quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.36 in 3Q 2022)

CITIC Securities Company Limited Announces Cessation of Zou Yingguang as an Executive Member

Second quarter 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.40 in 2Q 2022)

CITIC Securities Company Limited Appoints ZHANG Jianhua as Member of the Nomination Committee

CITIC Securities Company Limited Approves Final Cash Dividend for the Year Ended 31 December 2022, Payable on 25 August 2023

CITIC Securities Company Limited, Annual General Meeting, Jun 28, 2023

First quarter 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.36 in 1Q 2022)

CITIC Securities Company Limited Announces Changes of Company Secretary

CITIC Securities Company Limited Announces Resignation of Song Kangle as Non-Executive Director

CITIC Securities Company Limited Announces Executive Appointments

Less than half of directors are independent

CITIC Securities Company Limited (SHSE:600030) entered into an agreement to acquire Nanjing Merchants Qisheng Property Development Limited from Cyber Light Investments Limited for CNY 288.2563 million.

CITIC Securities Company Limited Announces Cessation of JIN Jianhua as Member of the Senior Management

CITIC Securities Company Limited Proposes Final Dividend for the Year Ended 31 December 2021, Payable on 26 August 2022

High number of new and inexperienced directors

CITIC Securities Company Limited to Report Q1, 2022 Results on Apr 28, 2022

CITIC Securities Company Limited Announces Final Dividend for the Year Ended 31 December 2021, Payable on 26 August 2022

CITIC Securities Company Limited Provides Earnings Guidance for the Year 2021

CITIC Securities Company Limited (SHSE:600030) agreed to acquire 3.99% stake in China Calxon Group Co., Ltd. (SZSE:000918) from an unknown seller for approximately CNY 200 million.

CITIC Securities Company Limited Recommends Final Dividend for the Year Ended 31 December 2020, Payable Before 31 August 2021

Independent Non-Executive Director has left the company

CITIC Securities Company Limited Announces on Implementation of Dividend Distribution of A Shares for 2020, Payable before August 31, 2020

CITIC Securities Company Limited Announces on Implementation of Dividend Distribution of H Shares for 2020, Payable before August 31, 2020

New 90-day low: CN¥25.62

New 90-day low: CN¥27.97

Revenue beats expectations

CITIC Securities Company Limited to Report Fiscal Year 2020 Results on Mar 19, 2021

New 90-day high: CN¥32.03

New 90-day low: CN¥28.01

CITIC Securities Company Limited (SHSE:600030) entered into a sale and purchase agreement to acquire accounts receivable from China Metallurgical Construction Engineering Group Co., Ltd. for CNY 4.2 billion.

New 90-day low: CN¥29.02

CITIC Securities Company Limited to Report Q3, 2020 Results on Oct 29, 2020

CITIC Securities Company Limited to Report First Half, 2020 Results on Aug 25, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age