Ninestar Management

Management criteria checks 3/4

Ninestar's CEO is Dezhu Kong, appointed in Feb 2023, has a tenure of 1.75 years. directly owns 0.52% of the company’s shares, worth CN¥196.01M. The average tenure of the management team and the board of directors is 3.1 years and 3.2 years respectively.

Key information

Dezhu Kong

Chief executive officer

CN¥5.6m

Total compensation

CEO salary percentage	n/a
CEO tenure	1.8yrs
CEO ownership	0.5%
Management average tenure	3.1yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO

Dezhu Kong (58 yo)

1.8yrs

Tenure

CN¥5,558,500

Compensation

Mr. Dezhu Kong is Director of Ninestar Corporation from December 23, 2021 and serves as its General Manager since February 27, 2023 and was its Senior Deputy GMf rom December 23, 2021.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dezhu Kong	GM & Director	1.8yrs	CN¥5.56m	0.52% CN¥ 196.0m
Lei Chen	Financial Manager	10.1yrs	CN¥963.40k	0.0093% CN¥ 3.5m
Aiguo Yin	Technical Director	3.1yrs	CN¥2.30m	no data
Jian Zhou Zhang	Deputy GM & Director	10.2yrs	CN¥2.44m	0.049% CN¥ 18.4m
Yonghua Wang	Executive Senior Deputy GM & Director	2.2yrs	CN¥3.13m	no data
Anyang Wu	Board Secretary	3.1yrs	CN¥711.70k	no data

3.1yrs

Average Tenure

55yo

Average Age

Experienced Management: 002180's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dezhu Kong	GM & Director	2.9yrs	CN¥5.56m	0.52% CN¥ 196.0m
Jian Zhou Zhang	Deputy GM & Director	10.2yrs	CN¥2.44m	0.049% CN¥ 18.4m
Yonghua Wang	Executive Senior Deputy GM & Director	2.2yrs	CN¥3.13m	no data
Dongying Wang	Chairman	10.1yrs	CN¥4.83m	2.95% CN¥ 1.1b
Dongfei Li	Chairman of Supervisory Board	10.1yrs	no data	1.5% CN¥ 562.7m
Yangyun Zeng	Non-Independent Director	2.4yrs	no data	0.30% CN¥ 112.5m
Tianyun Tang	Independent Director	5.3yrs	CN¥160.00k	no data
Yongping Xiao	Independent Director	3.2yrs	CN¥160.00k	no data
Guoyou Wang	Independent Director	3.2yrs	CN¥160.00k	no data
Yuexia Xia	Non-Employee Supervisor	2.8yrs	no data	0.0064% CN¥ 2.4m
Qingyi Meng	Non-Independent Director	2.5yrs	no data	no data

3.2yrs

Average Tenure

58yo

Average Age

Experienced Board: 002180's board of directors are considered experienced (3.2 years average tenure).

Ninestar Management

Management criteria checks 3/4

Key information

Recent management updates

Ninestar Corporation, Annual General Meeting, May 21, 2024

Ninestar Corporation, Annual General Meeting, May 21, 2024

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Ninestar Corporation Announces Management Appointments

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.097 loss in 3Q 2023)

Now 20% overvalued after recent price rise

Ninestar Corporation to Report Q3, 2024 Results on Oct 31, 2024

Now 24% overvalued after recent price rise

New major risk - Financial position

Second quarter 2024 earnings released: EPS: CN¥0.49 (vs CN¥0.098 in 2Q 2023)

Ninestar Corporation to Report First Half, 2024 Results on Aug 31, 2024

New major risk - Financial position

Ninestar Corporation, Annual General Meeting, May 21, 2024

Full year 2023 earnings released: CN¥4.40 loss per share (vs CN¥1.32 profit in FY 2022)

Ninestar Corporation, Annual General Meeting, May 21, 2024

Ninestar Corporation to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment improves as stock rises 25%

Ninestar Corporation to Report Fiscal Year 2023 Results on Apr 27, 2024

New minor risk - Earnings quality

Ninestar Corporation (SZSE:002180) announces an Equity Buyback for CNY 400 million worth of its shares.

Third quarter 2023 earnings released: CN¥0.097 loss per share (vs CN¥0.34 profit in 3Q 2022)

Ninestar Corporation (SZSE:002180) announces an Equity Buyback for CNY 400 million worth of its shares.

New minor risk - Profit margin trend

Upcoming dividend of CN¥0.12 per share at 0.3% yield

Ninestar Corporation (SZSE:002180) announces an Equity Buyback for CNY 200 million worth of its shares.

Ninestar Corporation (SZSE:002180) announces an Equity Buyback for CNY 200 million worth of its shares.

Full year 2022 earnings released: EPS: CN¥1.32 (vs CN¥0.98 in FY 2021)

Now 21% undervalued after recent price drop

High number of new and inexperienced directors

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.27 in 3Q 2021)

Investor sentiment improved over the past week

High number of new and inexperienced directors

Ninestar Corporation Announces Management Appointments

Second quarter 2022 earnings released: EPS: CN¥0.44 (vs CN¥0.20 in 2Q 2021)

Ninestar Corporation Announces Final Cash Dividend on A Shares for 2021, Payable on 13 July 2022

Ninestar Corporation Approves Cash Dividend for 2021

First quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.20 in 1Q 2021)

Ninestar Corporation (SZSE:002180) announces an Equity Buyback for CNY 400 million worth of its shares.

Full year 2021 earnings released: EPS: CN¥0.98 (vs CN¥0.082 in FY 2020)

Second quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.31 in 2Q 2020)

Ninestar Corporation Approves Cash Dividend for 2020

Ninestar Corporation Announces Final Dividend Profit Distribution Proposal for 2020

Full year 2020 earnings released: EPS CN¥0.082 (vs CN¥0.70 in FY 2019)

Full year 2020 earnings released

New 90-day low: CN¥25.55

New 90-day high: CN¥31.85

New 90-day low: CN¥28.00

Third quarter earnings released

New 90-day low: CN¥28.50

New 90-day low - CN¥29.92

First half earnings released

Ninestar Corporation to Report First Half, 2020 Results on Aug 28, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age