Persistence Resources Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Richard Shao

Chief executive officer

CN¥2.1m

Total compensation

CEO salary percentage	64.64%
CEO tenure	4.3yrs
CEO ownership	n/a
Management average tenure	4.3yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Richard Shao's remuneration changed compared to Persistence Resources Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2026	n/a	n/a	CN¥120m
Dec 31 2025	CN¥2m	CN¥1m	CN¥111m
Sep 30 2025	n/a	n/a	CN¥107m
Jun 30 2025	n/a	n/a	CN¥110m
Mar 31 2025	n/a	n/a	CN¥108m
Dec 31 2024	CN¥1m	CN¥1m	CN¥105m
Sep 30 2024	n/a	n/a	CN¥97m
Jun 30 2024	n/a	n/a	CN¥85m
Mar 31 2024	n/a	n/a	CN¥71m
Dec 31 2023	CN¥561k	CN¥561k	CN¥65m
Sep 30 2023	n/a	n/a	CN¥69m
Jun 30 2023	n/a	n/a	CN¥69m
Mar 31 2023	n/a	n/a	CN¥78m
Dec 31 2022	CN¥488k	CN¥488k	CN¥83m
Dec 31 2021	CN¥481k	CN¥481k	CN¥42m

Compensation vs Market: Richard's total compensation ($USD313.61K) is below average for companies of similar size in the German market ($USD886.30K).

Compensation vs Earnings: Richard's compensation has increased by more than 20% in the past year.

CEO

Richard Shao (63 yo)

4.3yrs

Tenure

CN¥2,124,000

Compensation

Dr. Xuxin Shao, also known as Richard, Ph D, has been an Advisor to a number of companies in the evaluation and processing of minerals in North America and China since 1998. Dr. Shao has been Chairman and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Xuxin Shao	Chairman of the Board & CEO	4.3yrs	CN¥2.12m	no data
Cheuk Lo	Chief Financial Officer	4.3yrs	CN¥1.36m	no data
James Thomas Mackie	Executive Director	4.3yrs	CN¥1.76m	no data
Shaohui Chen	Consultant	1.4yrs	CN¥23.00k	no data
Jeffrey Francis-Anthony Malaihollo	Executive Director	less than a year	CN¥574.00k	no data
Yong Huang	Head of Mine Operations	5.9yrs	no data	no data
Zhuping Chen	Executive VP & Executive Director	less than a year	no data	no data
Shufeng Zhou	Chairman & GM of Yantai Zhongjia Mining Co. Ltd	5.2yrs	no data	no data
Hon Leung Chu	Company Secretary	less than a year	no data	no data

4.3yrs

Average Tenure

60yo

Average Age

Experienced Management: JY2's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Xuxin Shao	Chairman of the Board & CEO	7.2yrs	CN¥2.12m	no data
James Thomas Mackie	Executive Director	7.2yrs	CN¥1.76m	no data
Jeffrey Francis-Anthony Malaihollo	Executive Director	2.7yrs	CN¥574.00k	no data
Zhuping Chen	Executive VP & Executive Director	less than a year	no data	no data
Shufeng Zhou	Chairman & GM of Yantai Zhongjia Mining Co. Ltd	5.2yrs	no data	no data
Yifen Chen	Independent Non-Executive Director	2.7yrs	CN¥441.00k	no data
Ming Zeng	Independent Non Executive Director	2.7yrs	CN¥441.00k	no data
Li Liu	Independent Non Executive Director	2.7yrs	CN¥441.00k	no data

2.7yrs

Average Tenure

55yo

Average Age

Experienced Board: JY2's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/26 03:00
End of Day Share Price	2026/07/24 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Persistence Resources Group Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.