Anhui Conch Cement Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Qunfeng Li

Chief executive officer

CN¥2.0m

Total compensation

CEO salary percentage	45.6%
CEO tenure	2.6yrs
CEO ownership	n/a
Management average tenure	2.6yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Qunfeng Li's remuneration changed compared to Anhui Conch Cement's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	CN¥10b
Dec 31 2023	CN¥2m	CN¥903k	CN¥11b
Sep 30 2023	n/a	n/a	CN¥12b
Jun 30 2023	n/a	n/a	CN¥12b
Mar 31 2023	n/a	n/a	CN¥13b
Dec 31 2022	CN¥2m	CN¥1m	CN¥16b
Sep 30 2022	n/a	n/a	CN¥23b
Jun 30 2022	n/a	n/a	CN¥28b
Mar 31 2022	n/a	n/a	CN¥32b
Dec 31 2021	CN¥3m	CN¥827k	CN¥33b
Sep 30 2021	n/a	n/a	CN¥33b
Jun 30 2021	n/a	n/a	CN¥34b
Mar 31 2021	n/a	n/a	CN¥36b
Dec 31 2020	CN¥2m	CN¥1m	CN¥35b
Sep 30 2020	n/a	n/a	CN¥35b
Jun 30 2020	n/a	n/a	CN¥34b
Mar 31 2020	n/a	n/a	CN¥32b
Dec 31 2019	CN¥2m	CN¥774k	CN¥34b
Sep 30 2019	n/a	n/a	CN¥33b
Jun 30 2019	n/a	n/a	CN¥32b
Mar 31 2019	n/a	n/a	CN¥31b
Dec 31 2018	CN¥2m	n/a	CN¥30b
Sep 30 2018	n/a	n/a	CN¥27b
Jun 30 2018	n/a	n/a	CN¥22b
Mar 31 2018	n/a	n/a	CN¥18b
Dec 31 2017	CN¥1m	n/a	CN¥16b

Compensation vs Market: Qunfeng's total compensation ($USD273.93K) is below average for companies of similar size in the German market ($USD5.66M).

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

CEO

Qunfeng Li (52 yo)

2.6yrs

Tenure

CN¥1,981,000

Compensation

Mr. Qunfeng Li is Non-Executive Chairman of China Conch Environment Protection Holdings Limited from October 9, 2022. He has been an Executive Director of Anhui Conch Cement Company Limited since May 30, 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jun Yang	Executive Chairman	1.8yrs	no data	no data
Qunfeng Li	GM & Executive Director	2.6yrs	CN¥1.98m	no data
Jianchao Wang	Executive Deputy Chairman	8.7yrs	no data	no data
Tiejun Wu	Deputy GM & Director	1.9yrs	CN¥1.69m	no data
Xiaochuan Zhou	Joint Company Secretary & Executive Director	2.6yrs	CN¥1.71m	no data
Shui Yu	Deputy General Manager	no data	CN¥1.84m	no data
Yue Xue	General Manager Assistant	no data	CN¥1.04m	0.000020% CN¥ 3.0k
Xin Li	Assistant to General Manager	no data	CN¥1.03m	no data
Dan Liao	Securities Affairs Representative	no data	no data	no data

2.6yrs

Average Tenure

51.5yo

Average Age

Experienced Management: AQE's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jun Yang	Executive Chairman	1.8yrs	no data	no data
Qunfeng Li	GM & Executive Director	4.9yrs	CN¥1.98m	no data
Jianchao Wang	Executive Deputy Chairman	8.7yrs	no data	no data
Tiejun Wu	Deputy GM & Director	1.9yrs	CN¥1.69m	no data
Xiaochuan Zhou	Joint Company Secretary & Executive Director	2.4yrs	CN¥1.71m	no data
Chengfa He	Chairman of Board of Supervisors	less than a year	CN¥966.10k	no data
Shuk Yee Ho	Independent Non-Executive Director	1.9yrs	CN¥180.00k	no data
Yongbo Chen	Supervisor	1.9yrs	CN¥805.70k	no data
Yunyan Zhang	Independent Non-Executive Director	4.9yrs	CN¥180.00k	no data
Tiantian Liu	Staff Representative Supervisor	4.9yrs	no data	0.0012% CN¥ 178.0k
Wenzhou Qu	Independent Non-Executive Director	1.9yrs	CN¥180.00k	no data
Dengfeng Gao	Chairman of Dong-E-E-Jiao	no data	no data	no data

1.9yrs

Average Tenure

53.5yo

Average Age

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

Anhui Conch Cement Management

Management criteria checks 3/4

Key information

Recent management updates

Anhui Conch Cement Company Limited, Annual General Meeting, May 30, 2024

Anhui Conch Cement Company Limited Appoints Mr. He Chengfa as A Supervisor of the Ninth Session of the Supervisory Committee

Anhui Conch Cement Company Limited Announces Resignation of Chairman of the Supervisory Committee

Less than half of directors are independent

Anhui Conch Cement Company Limited Appoints Yang Jun as Executive Director

Anhui Conch Cement Company Limited Announces Board and Executive Changes

Recent updates

First quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.48 in 1Q 2023)

Anhui Conch Cement Company Limited, Annual General Meeting, May 30, 2024

Anhui Conch Cement Company Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 03 July 2024

Anhui Conch Cement Company Limited to Report Q1, 2024 Results on Apr 27, 2024

Full year 2023 earnings released: EPS: CN¥1.97 (vs CN¥2.96 in FY 2022)

Anhui Conch Cement Company Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 03 July 2024

Anhui Conch Cement Company Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

Anhui Conch Cement Company Limited (SEHK:914) announces an Equity Buyback for CNY 600 million worth of its shares.

Anhui Conch Cement Company Limited (SEHK:914) announces an Equity Buyback for CNY 600 million worth of its shares.

Anhui Conch Cement Company Limited Appoints Mr. He Chengfa as A Supervisor of the Ninth Session of the Supervisory Committee

Third quarter 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.48 in 3Q 2022)

Now 22% undervalued

Anhui Conch Cement Company Limited to Report Q3, 2023 Results on Oct 28, 2023

Anhui Conch Cement Company Limited Announces Resignation of Chairman of the Supervisory Committee

Now 21% undervalued

Now 20% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: CN¥0.74 (vs CN¥0.93 in 2Q 2022)

Anhui Conch Cement Company Limited to Report First Half, 2023 Results on Aug 26, 2023

Anhui Conch Cement Company Limited Approves the Payment of the Final Dividend, Payable on June 20, 2023

Upcoming dividend of CN¥1.48 per share at 7.5% yield

Full year 2022 earnings released: EPS: CN¥2.96 (vs CN¥6.28 in FY 2021)

Investor sentiment improves as stock rises 15%

Anhui Conch Cement Company Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2022

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥1.41 in 3Q 2021)

Anhui Conch Cement Company Limited to Report Nine Months, 2022 Results on Oct 27, 2022

Second quarter 2022 earnings released: EPS: CN¥0.93 (vs CN¥1.73 in 2Q 2021)

Anhui Conch Cement Company Limited to Report First Half, 2022 Results on Aug 25, 2022

Anhui Conch Cement Company Limited Appoints Yang Jun as Executive Director

Anhui Conch Cement Company Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on 30 June 2022

Investor sentiment deteriorated over the past week

Anhui Conch Cement Company Limited Announces Board and Executive Changes

Upcoming dividend of CN¥2.38 per share

Anhui Conch Cement Company Limited Announces Resignation of Wang Cheng as Chairman and Executive Director

First quarter 2022 earnings released

Less than half of directors are independent

Anhui Conch Cement Company Limited, Annual General Meeting, May 31, 2022

Anhui Conch Cement Company Limited to Report Q1, 2022 Results on Apr 28, 2022

Anhui Conch Cement Company Limited Proposes Final Dividend for the Year Ended 31 December 2021, Payment Date Is 30 June 2022

Anhui Conch Cement Company Limited announces Establishment of ESG Management Committee and Appointment of ESG Management Committee Members

Staff Representative Supervisor recently bought €266k worth of stock

Third quarter 2021 earnings released: EPS CN¥1.41 (vs CN¥1.63 in 3Q 2020)

Non-Executive Director Feng Ding has left the company

Investor sentiment improved over the past week

Anhui Conch Cement Company Limited (SEHK:914) agreed to acquire Conch New Energy for approximately AUD 440 million.

Second quarter 2021 earnings released: EPS CN¥1.72 (vs CN¥2.11 in 2Q 2020)

Investor sentiment improved over the past week

Upcoming dividend of CN¥2.12 per share

First quarter 2021 earnings released

Chairman Gao Dengbang has left the company

Full year 2020 earnings released: EPS CN¥6.63 (vs CN¥6.34 in FY 2019)

Full year 2020 earnings released: EPS CN¥6.63 (vs CN¥6.34 in FY 2019)

Anhui Conch Cement Company Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

Anhui Conch Cement Company Limited Receives Contract of Engineering Project Design and Technology Service and SCR Denitration Technology Modification Service

Anhui Conch Cement Company Limited Announces Independent Non-Executive Director Changes

Independent Non Executive Director has left the company

New 90-day low: €4.74

New 90-day low: €4.82

Anhui Conch Cement Company Limited Announces the Resignation of Yang Mianzhi as Independent Non-Executive Director

New 90-day low: €5.15

Third quarter earnings released

New 90-day low: €5.60

Anhui Conch Cement Company Limited to Report Nine Months, 2020 Results on Oct 27, 2020

New 90-day low: €5.85

First half earnings released

Anhui Conch Cement Company Limited to Report First Half, 2020 Results on Aug 21, 2020

CEO Compensation Analysis

CEO

Tenure