Angang Steel Company Limited

XSEC:000898 Stock Report

Market Cap: CN¥20.8b

Angang Steel Management

Management criteria checks 2/4

Angang Steel's CEO is Hongjun Zhang, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is CN¥1.37M, comprised of 83.2% salary and 16.8% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth CN¥293.03K. The average tenure of the management team and the board of directors is 2.5 years and 1.9 years respectively.

Key information

Hongjun Zhang

Chief executive officer

CN¥1.4m

Total compensation

CEO salary percentage83.2%
CEO tenure1.9yrs
CEO ownership0.001%
Management average tenure2.5yrs
Board average tenure1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hongjun Zhang's remuneration changed compared to Angang Steel's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CN¥6b

Jun 30 2024n/an/a

-CN¥5b

Mar 31 2024n/an/a

-CN¥5b

Dec 31 2023CN¥1mCN¥1m

-CN¥3b

Sep 30 2023n/an/a

-CN¥2b

Jun 30 2023n/an/a

-CN¥3b

Mar 31 2023n/an/a

-CN¥2b

Dec 31 2022CN¥170kCN¥150k

CN¥108m

Sep 30 2022n/an/a

-CN¥380m

Jun 30 2022n/an/a

CN¥3b

Mar 31 2022n/an/a

CN¥7b

Dec 31 2021CN¥3mCN¥2m

CN¥7b

Compensation vs Market: Hongjun's total compensation ($USD189.02K) is about average for companies of similar size in the CN market ($USD209.90K).

Compensation vs Earnings: Hongjun's compensation has increased whilst the company is unprofitable.


CEO

Hongjun Zhang (50 yo)

1.9yrs

Tenure

CN¥1,370,000

Compensation

Mr. Hongjun Zhang is General Manager of Anshan Iron and Steel Group Co. Ltd from March 15, 2023 and serves as its Director. Mr. Hongjun Zhang serves as a Supervisor since February 22, 2023 at Jinneng Holdi...


Leadership Team

NamePositionTenureCompensationOwnership
Jun Wang
Executive Chairman1.2yrsCN¥300.00kno data
Hongjun Zhang
GM & Executive Director1.9yrsCN¥1.37m0.0014%
CN¥ 293.0k
Baojun Wang
Deputy GM3.7yrsCN¥720.00k0.0019%
CN¥ 394.9k
Jinsong Meng
Deputy General Manager8.7yrsCN¥1.42m0.0032%
CN¥ 667.1k
Hua Zhang
Deputy General Managerno dataCN¥180.00kno data
Wu Guo
Controllerno datano datano data
Qiang Deng
Executive Directorless than a yearno datano data
Dongzhou Zhou
Joint Company Secretary3yrsno datano data

2.5yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 000898's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jun Wang
Executive Chairman1.2yrsCN¥300.00kno data
Hongjun Zhang
GM & Executive Director1.9yrsCN¥1.37m0.0014%
CN¥ 293.0k
Baojun Wang
Deputy GM3.5yrsCN¥720.00k0.0019%
CN¥ 394.9k
Qiang Deng
Executive Directorless than a yearno datano data
Jianhua Wang
Independent Non-Executive Director5.5yrsCN¥120.00kno data
Keshi Zhu
Independent Non-Executive Director4yrsCN¥120.00kno data
Wanglin Wang
Independent Non Executive Director4.7yrsCN¥120.00kno data
Caimei Hu
Independent Non-Executive Directorless than a yearno datano data
Ming Liu
Shareholders’ Representative Supervisor3yrsno datano data
Yuhui Cao
Chairman of the Supervisory Board1.7yrsno datano data
Yuhai Tan
Non-Executive Directorless than a yearno datano data

1.9yrs

Average Tenure

50yo

Average Age

Experienced Board: 000898's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.