AVCON Information Technology Management

Management criteria checks 4/4

AVCON Information Technology's CEO is Wenhui Lu, appointed in Jul 2021, has a tenure of 3.33 years. directly owns 0.075% of the company’s shares, worth CN¥1.89M. The average tenure of the management team and the board of directors is 3 years and 3.4 years respectively.

Key information

Wenhui Lu

Chief executive officer

CN¥786.8k

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	0.08%
Management average tenure	3yrs
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO

Wenhui Lu (46 yo)

3.3yrs

Tenure

CN¥786,800

Compensation

Mr. Wenhui Lu is Chairman of the Board of AVCON Information Technology Co., Ltd since May 03, 2018 and serves as its General Manager since July 20, 2021.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wenhui Lu	Chairman of the Board & GM	3.3yrs	CN¥786.80k	0.075% CN¥ 1.9m
Xiuxian Lei	Chief Financial Officer	2.3yrs	CN¥563.10k	no data
Biao Wu	Deputy GM & Director	2.7yrs	CN¥688.50k	no data
Hui Li	Secretary of the Board & Director	5.3yrs	CN¥625.60k	0.083% CN¥ 2.1m

3.0yrs

Average Tenure

44.5yo

Average Age

Experienced Management: 300074's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wenhui Lu	Chairman of the Board & GM	6.5yrs	CN¥786.80k	0.075% CN¥ 1.9m
Biao Wu	Deputy GM & Director	2.6yrs	CN¥688.50k	no data
Hui Li	Secretary of the Board & Director	5.8yrs	CN¥625.60k	0.083% CN¥ 2.1m
Guoliang Xu	Independent Director	5.3yrs	CN¥60.00k	no data
Chunmei Li	Non-Independent Director	3.4yrs	CN¥438.20k	no data
Fuan Hai	Independent Director	3.4yrs	CN¥60.00k	no data
Hao Ren	Independent Director	4yrs	CN¥60.00k	no data
Huaibin Wang	Supervisor	3.4yrs	no data	no data
Sanming Tu	Vice Chairman of the Board	3.4yrs	CN¥297.00k	no data
Baoping Ju	Director	2.2yrs	CN¥500.20k	no data
Wei Deng	Chairman of the Supervisory Board	2.6yrs	no data	no data
Ling Wang	Employee Representative Supervisor	2.4yrs	no data	no data

3.4yrs

Average Tenure

46.5yo

Average Age

Experienced Board: 300074's board of directors are considered experienced (3.4 years average tenure).

AVCON Information Technology Management

Management criteria checks 4/4

Key information

Recent management updates

Less than half of directors are independent

AVCON Information Technology Co., Ltd., Annual General Meeting, Jun 12, 2024

High number of new and inexperienced directors

AVCON Information Technology Co., Ltd., Annual General Meeting, Jun 20, 2022

High number of new and inexperienced directors

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.003 loss in 3Q 2023)

Less than half of directors are independent

New minor risk - Share price stability

AVCON Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Second quarter 2024 earnings released: CN¥0.065 loss per share (vs CN¥0.014 loss in 2Q 2023)

Now 22% undervalued after recent price drop

AVCON Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024

Now 21% undervalued after recent price drop

Now 23% undervalued after recent price drop

AVCON Information Technology Co., Ltd., Annual General Meeting, Jun 12, 2024

First quarter 2024 earnings released: CN¥0.057 loss per share (vs CN¥0.005 loss in 1Q 2023)

New major risk - Share price stability

AVCON Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024

AVCON Information Technology Co., Ltd. (SZSE:300074) announces an Equity Buyback for CNY 20 million worth of its shares.

AVCON Information Technology Co., Ltd. (SZSE:300074) announces an Equity Buyback for CNY 20 million worth of its shares.

New minor risk - Share price stability

AVCON Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024

Third quarter 2023 earnings released: CN¥0.003 loss per share (vs CN¥0.025 loss in 3Q 2022)

Second quarter 2023 earnings released: CN¥0.014 loss per share (vs CN¥0.038 loss in 2Q 2022)

First quarter 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.005 loss in 1Q 2022)

High number of new and inexperienced directors

Third quarter 2022 earnings released: CN¥0.025 loss per share (vs CN¥0.028 loss in 3Q 2021)

AVCON Information Technology Co., Ltd., Annual General Meeting, Jun 20, 2022

First quarter 2022 earnings released: CN¥0.005 loss per share (vs CN¥0.015 loss in 1Q 2021)

High number of new and inexperienced directors

Third quarter 2021 earnings released: CN¥0.028 loss per share (vs CN¥0.026 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.025 in 2Q 2020)

Full year 2020 earnings released: EPS CN¥0.043 (vs CN¥0.035 in FY 2019)

New 90-day low: CN¥3.44

Shandong Jiangquan Industry Co.,Ltd (SHSE:600212) signed an agreement to acquire Beijing Xinhuo Technology Co., Ltd. from AVCON Information Technology Co., Ltd. (SZSE:300074).

New 90-day low: CN¥4.02

New 90-day low: CN¥4.41

New 90-day low: CN¥4.81

Third quarter earnings released

New 90-day high - CN¥5.13

First half earnings released

AVCON Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age