New China Life Insurance Company Ltd.

XSSC:601336 Stock Report

Market Cap: CN¥74.8b

New China Life Insurance Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Hong Zhang

Chief executive officer

CN¥3.4m

Total compensation

CEO salary percentage48.7%
CEO tenureless than a year
CEO ownershipn/a
Management average tenure2yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hong Zhang's remuneration changed compared to New China Life Insurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023CN¥3mCN¥2m

CN¥9b

Sep 30 2023n/an/a

CN¥8b

Jun 30 2023n/an/a

CN¥11b

Mar 31 2023n/an/a

CN¥14b

Dec 31 2022CN¥413mCN¥2m

CN¥22b

Sep 30 2022n/an/a

CN¥14b

Jun 30 2022n/an/a

CN¥14b

Mar 31 2022n/an/a

CN¥12b

Dec 31 2021CN¥3mCN¥1m

CN¥15b

Compensation vs Market: Hong's total compensation ($USD473.94K) is above average for companies of similar size in the CN market ($USD354.14K).

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


CEO

Hong Zhang (59 yo)

less than a year

Tenure

CN¥3,434,000

Compensation

Mr. Hong Zhang served as Vice President of New China Life Insurance Company Ltd. since June 21, 2021 until April 10, 2023 and since April 10, 2023 serves as its President and also serves as its Executive D...


Leadership Team

NamePositionTenureCompensationOwnership
Yucheng Yang
Executive Chairmanless than a yearCN¥185.00kno data
Hong Zhang
President & Executive Directorless than a yearCN¥3.43mno data
Hongbo Qin
VP & Chief Risk Officer1.6yrsCN¥972.80kno data
Xingfeng Gong
VP, Chief Actuary13.6yrsCN¥936.30kno data
Zheng Yang
VP, CFO & Financial Controller7.2yrsCN¥1.46mno data
Tao Zhang
Head of Accounting Departmentno datano datano data
Zhongzhu Wang
GM of Discipline Inspection & Supervision Office and Employee Representative Supervisorno datano datano data
Sau Mei Ng
Joint Company Secretary2.3yrsno datano data

2.0yrs

Average Tenure

53yo

Average Age

Experienced Management: 601336's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yucheng Yang
Executive Chairmanless than a yearCN¥185.00kno data
Hong Zhang
President & Executive Director2.8yrsCN¥3.43mno data
Zhongzhu Wang
GM of Discipline Inspection & Supervision Office and Employee Representative Supervisor8.1yrsno datano data
Aimin Hu
Non-Executive Director7.8yrsno datano data
Yongqing Guo
Independent Non-Executive Director1.4yrsCN¥293.00kno data
Yi Yang
Non-Executive Director5.8yrsno datano data
Qiqiang Li
Non-Executive Director4.7yrsno datano data
Yiu Tim Ma
Independent Non Executive Director4.3yrsCN¥270.00kno data
Debin Liu
Chairman of Board of Supervisor3yrsno datano data
Xingda He
Non-Executive Director2.5yrsno datano data
Xue Yang
Non-Executive Director2.5yrsno datano data
Xu Xu
Independent Non-Executive Director1.4yrsCN¥293.00kno data

2.9yrs

Average Tenure

51yo

Average Age

Experienced Board: 601336's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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