Emeren Group Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Yumin Liu

Chief executive officer

US$472.4k

Total compensation

CEO salary percentage	88.8%
CEO tenure	4.9yrs
CEO ownership	n/a
Management average tenure	1.1yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yumin Liu's remuneration changed compared to Emeren Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$3m
Jun 30 2024	n/a	n/a	-US$17m
Mar 31 2024	n/a	n/a	-US$9m
Dec 31 2023	US$472k	US$419k	-US$3m
Sep 30 2023	n/a	n/a	-US$7m
Jun 30 2023	n/a	n/a	US$5m
Mar 31 2023	n/a	n/a	-US$3m
Dec 31 2022	US$427k	US$378k	-US$5m

Compensation vs Market: Yumin's total compensation ($USD472.42K) is about average for companies of similar size in the German market ($USD474.54K).

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

CEO

Yumin Liu (61 yo)

4.9yrs

Tenure

US$472,421

Compensation

Mr. Yumin Liu has been the Chief Executive Officer of Emeren Group Ltd (formerly known as ReneSola Ltd) since December 4, 2019 and serves as its Director since September 2022. Mr. Liu served as Vice Presid...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yumin Liu	CEO & Director	4.9yrs	US$472.42k	no data
Ke Chen	Chief Financial Officer	5yrs	US$353.99k	0.94% € 833.8k
Cameron Moore	Executive Vice President of North America	1.1yrs	US$279.89k	no data
Chee Cheah	Chief Investment Officer & Executive VP of Europe	1.9yrs	no data	no data
Xin Wang	Compliance Director	no data	no data	no data
Jake Snow	Human Resources Director	no data	no data	no data
KaiKai Zhang	Executive Vice President of China	1.1yrs	no data	no data
Enrico Bocchi	Executive Vice President of Europe	less than a year	no data	no data
Susu Geng	Secretary	no data	no data	no data
Fei Wang	Vice President of Finance	less than a year	no data	no data
Rebecca Shen	Investor Relations Contact	no data	no data	no data
Ella Li	Investor Relations	no data	no data	no data

1.1yrs

Average Tenure

55.5yo

Average Age

Experienced Management: VQKB's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Yumin Liu	CEO & Director	2.2yrs	US$472.42k	no data
Martin Bloom	Independent Director	18.3yrs	US$49.76k	no data
Julia Xu	Independent Director	8.7yrs	US$40.00k	no data
Himanshu Shah	Chairman	2.7yrs	no data	0.11% € 97.1k
Ramnath Iyer	Independent Director	2.6yrs	US$40.00k	0.0039% € 3.4k
Ramakrishnan Srinivasan	Independent Director	less than a year	no data	no data

2.6yrs

Average Tenure

58yo

Average Age

Experienced Board: VQKB's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Emeren Group Management

Management criteria checks 1/4

Key information

Recent management updates

Emeren Group Ltd, Annual General Meeting, Nov 01, 2024

Emeren Group Ltd Appoints Dr. Ramki Srinivasan to Its Board of Directors

Emeren Group Ltd, Annual General Meeting, Dec 08, 2023

Less than half of directors are independent

ReneSola Ltd Announces Board Changes

ReneSola Ltd, Annual General Meeting, Dec 09, 2022

Recent updates

Third quarter 2024 earnings released: EPS: US$0.94 (vs US$1.67 loss in 3Q 2023)

Emeren Group Ltd to Report Q3, 2024 Results on Nov 14, 2024

Emeren Group Ltd, Annual General Meeting, Nov 01, 2024

Emeren Group Ltd Appoints Dr. Ramki Srinivasan to Its Board of Directors

Emeren Group Ltd announced delayed 10-Q filing

Emeren Group Ltd to Report Q2, 2024 Results on Aug 20, 2024

Emeren Group Ltd to Report Q1, 2024 Results on May 23, 2024

Emeren Group Ltd announced delayed annual 10-K filing

Emeren Group Ltd to Report Q4, 2023 Results on Mar 28, 2024

New minor risk - Market cap size

Emeren Group Ltd (NYSE:SOL) announces an Equity Buyback for $10 million worth of its shares.

New minor risk - Market cap size

Emeren Group Ltd Provides Earnings Guidance for Fourth Quarter and the Full Year 2023

Third quarter 2023 earnings released: US$0.17 loss per share (vs US$0.045 profit in 3Q 2022)

Emeren Group Ltd to Report Q3, 2023 Results on Nov 21, 2023

Emeren Group Ltd, Annual General Meeting, Dec 08, 2023

Second quarter 2023 earnings released: EPS: US$1.46 (vs US$0.003 loss in 2Q 2022)

New major risk - Revenue and earnings growth

Emeren Group Ltd to Report Q2, 2023 Results on Aug 31, 2023

CNNP Rich Energy Corporation Limited entered into an agreement to acquire 29 MW projects located in Henan from Emeren Group Ltd (NYSE:SOL).

First quarter 2023 earnings released: US$0.034 loss per share (vs US$0.025 loss in 1Q 2022)

Emeren Group Ltd to Report Q1, 2023 Results on May 31, 2023

Full year 2022 earnings released: EPS: US$0.91 (vs US$0.10 in FY 2021)

ReneSola Ltd (NYSE:SOL) announces an Equity Buyback for 3,000,000 shares, for $13.2 million.

Third quarter 2022 earnings released

Less than half of directors are independent

ReneSola Ltd Announces Board Changes

ReneSola Ltd to Report Q3, 2022 Results on Dec 01, 2022

ReneSola Ltd, Annual General Meeting, Dec 09, 2022

ReneSola Ltd (NYSE:SOL) acquired Emeren Limited.

Funds managed by AB CarVal Investors LP acquired 70 MW portfolio of solar development projects in Pennsylvania from ReneSola Ltd (NYSE:SOL).

Renesola Ltd Provides Earnings Outlook for the Third Quarter and Full Year 2022

Second quarter 2022 earnings released: US$0.03 loss per share (vs US$0.10 profit in 2Q 2021)

Renesola Ltd Announces Executive Changes

ReneSola Ltd (NYSE:SOL) announces an Equity Buyback for 70,000,000 shares, for $42 million.

Investor sentiment deteriorated over the past week

ReneSola Ltd to Report Q2, 2022 Results on Sep 07, 2022

ReneSola Ltd Provides Earnings Guidance for the Second Quarter and Reiterates Earnings Guidance for the Full Fiscal Year 2022

ReneSola Ltd to Report Q1, 2022 Results on Jun 07, 2022

Full year 2021 earnings released: EPS: US$996 (vs US$0.057 in FY 2020)

Less than half of directors are independent

ReneSola Ltd Announces Board Changes

Investor sentiment improved over the past week

ReneSola Ltd to Report Q4, 2021 Results on Mar 23, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Obton A/S acquired 37 MW of solar projects in Poland from ReneSola Ltd (NYSE:SOL).

Investor sentiment improved over the past week

Aream Group entered into an agreement to acquire 12MWp portfolio of projects in Spain from ReneSola Ltd (NYSE:SOL).

Renesola Ltd Provides Earnings Guidance for the Fourth Quarter 2021 and 2022

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment deteriorated over the past week

ReneSola Ltd (NYSE:SOL) announces an Equity Buyback for $50 million worth of its shares.

Investor sentiment improved over the past week

Second quarter 2021 earnings released

Investor sentiment deteriorated over the past week

Less than half of directors are independent

President of China Region & Director Wade Li has left the company

Investor sentiment deteriorated over the past week

Obton A/S acquired 38 MW portfolio of solar projects located in Poland from ReneSola Ltd (NYSE:SOL)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS US$0.03 (vs US$0.091 loss in 1Q 2020)

ReneSola Power Provides Earnings Guidance for the First Quarter and Full Year of 2021

Full year 2020 earnings released

ReneSola Ltd has completed a Follow-on Equity Offering in the amount of $250 million.

New 90-day high: €18.10

ReneSola Ltd has completed a Follow-on Equity Offering in the amount of $40 million.

Obton A/S entered into an agreement to acquire 12.3 MW Of Projects In Hungary from ReneSola Ltd (NYSE:SOL).