IGG Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Duke Cai

Chief executive officer

HK$26.5m

Total compensation

CEO salary percentage	15.0%
CEO tenure	16.5yrs
CEO ownership	18.7%
Management average tenure	no data
Board average tenure	8.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Duke Cai's remuneration changed compared to IGG's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	HK$73m
Sep 30 2023	n/a	n/a	-HK$309m
Jun 30 2023	n/a	n/a	-HK$692m
Mar 31 2023	n/a	n/a	-HK$598m
Dec 31 2022	HK$27m	HK$4m	-HK$504m
Sep 30 2022	n/a	n/a	-HK$441m
Jun 30 2022	n/a	n/a	-HK$379m
Mar 31 2022	n/a	n/a	-HK$4m
Dec 31 2021	HK$26m	HK$4m	HK$370m
Sep 30 2021	n/a	n/a	HK$1b
Jun 30 2021	n/a	n/a	HK$2b
Mar 31 2021	n/a	n/a	HK$2b
Dec 31 2020	HK$5m	HK$4m	HK$2b
Sep 30 2020	n/a	n/a	HK$2b
Jun 30 2020	n/a	n/a	HK$2b
Mar 31 2020	n/a	n/a	HK$2b
Dec 31 2019	HK$6m	HK$4m	HK$1b
Sep 30 2019	n/a	n/a	HK$1b
Jun 30 2019	n/a	n/a	HK$1b
Mar 31 2019	n/a	n/a	HK$1b
Dec 31 2018	HK$15m	HK$4m	HK$1b
Sep 30 2018	n/a	n/a	HK$1b
Jun 30 2018	n/a	n/a	HK$1b
Mar 31 2018	n/a	n/a	HK$1b
Dec 31 2017	HK$19m	HK$3m	HK$1b

Compensation vs Market: Duke's total compensation ($USD3.39M) is above average for companies of similar size in the German market ($USD1.02M).

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

CEO

Duke Cai (46 yo)

16.5yrs

Tenure

HK$26,532,000

Compensation

Mr. Zongjian Cai, also known as Duke, is Co-Founder of IGG Inc. and serves as its Chief Executive Officer. Mr. Cai has been an Executive Director of IGG Inc. since October 31, 2007 and also serves as its E...

Board Members

Name	Position	Tenure	Compensation	Ownership
Yuan Chi	Co-Founder & Non-Executive Director	8.7yrs	HK$851.00k	13.52% HK$ 59.8m
Jessie Shen	CFO, Joint Secretary & Executive Director	7.8yrs	HK$6.82m	0.35% HK$ 1.6m
Yuan Xu	COO & Executive Director	8.7yrs	HK$8.73m	2.03% HK$ 9.0m
Hong Zhang	CTO, Senior VP of Global Operations & Executive Director	8.7yrs	HK$7.90m	1.02% HK$ 4.5m
Feng Chen	Senior VP of Corporate Strategy & Executive Director	7.8yrs	HK$3.78m	1.21% HK$ 5.3m
Zongjian Cai	Co-Founder	16.5yrs	HK$26.53m	18.65% HK$ 82.5m
Horn Kee Leong	Independent Non-Executive Director	10.6yrs	HK$738.00k	0.012% HK$ 51.3k
Zhao Lu	Independent Non-Executive Director	10.6yrs	HK$402.00k	0.0087% HK$ 38.4k
Meijia Chen	Director of IGG HK	no data	no data	no data
Wai Man Kam	Independent Non-Executive Director	less than a year	HK$192.00k	no data

8.7yrs

Average Tenure

51yo

Average Age

Experienced Board: I91's board of directors are considered experienced (8.7 years average tenure).

IGG Management

Management criteria checks 2/4

Key information

Recent management updates

Igg Inc Appoints Kam Wai Man as Independent Non-Executive Director, Member of Each of the Audit Committee, Nomination Committee and Remuneration Committee

Less than half of directors are independent

Less than half of directors are independent

IGG Inc, Annual General Meeting, May 25, 2022

Independent Non-Executive Director recently sold €14k worth of stock

Co-Founder recently bought €2.3m worth of stock

Recent updates

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: HK$0.063 (vs HK$0.43 loss in FY 2022)

IGG Inc to Report Fiscal Year 2023 Results on Mar 27, 2024

New minor risk - Share price stability

IGG Inc Provides Earnings Consolidated Guidance for the Year Ended 31 December 2023

First half 2023 earnings released: HK$0.31 loss per share (vs HK$0.15 loss in 1H 2022)

IGG Inc to Report Q2, 2023 Results on Aug 23, 2023

Igg Inc Appoints Kam Wai Man as Independent Non-Executive Director, Member of Each of the Audit Committee, Nomination Committee and Remuneration Committee

IGG Inc Provides Group Earnings Guidance for the Six Months Ended 30 June 2023

IGG Inc. Unveils A New Realm in SLG Games, Viking Rise Transforms 'Virtual Game Interaction'

Full year 2022 earnings released: HK$0.43 loss per share (vs HK$0.32 profit in FY 2021)

Less than half of directors are independent

IGG Inc Does Not Recommends the Payment of Any Interim Dividend for the Period Ended 30 June 2022

IGG Inc Does Not Recommends the Payment of Any Interim Dividend for the Period Ended 30 June 2022

First half 2022 earnings released: HK$0.15 loss per share (vs HK$0.49 profit in 1H 2021)

IGG Inc to Report First Half, 2022 Results on Aug 24, 2022

IGG Inc Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

Less than half of directors are independent

Full year 2021 earnings released: EPS: HK$0.32 (vs HK$1.73 in FY 2020)

Now 23% undervalued after recent price drop

IGG Inc, Annual General Meeting, May 25, 2022

IGG Inc Provides Earnings Guidance for the Year Ended December 31, 2021

Upcoming dividend of HK$0.14 per share

Investor sentiment improved over the past week

Independent Non-Executive Director recently sold €14k worth of stock

Co-Founder recently bought €2.3m worth of stock

Board Member recently sold €566k worth of stock

Full year 2020 earnings released: EPS US$0.22 (vs US$0.13 in FY 2019)

Revenue beats expectations

IGG Inc, Annual General Meeting, May 06, 2021

IGG Inc to Report Fiscal Year 2020 Results on Mar 04, 2021

New 90-day high: €1.50

Investor sentiment improved over the past week

New 90-day high: €1.00

Co-Founder recently bought €1.6m worth of stock

New 90-day low: €0.83

Independent Non-Executive Director recently sold €12.3k worth of stock

First half earnings released

New 90-day high - €1.02

IGG Inc to Report First Half, 2020 Results on Aug 05, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age