Joy City Property Management
Management criteria checks 2/4
Joy City Property's CEO is Changlin Yao, appointed in Dec 2023, has a tenure of less than a year. total yearly compensation is CN¥91.00K, comprised of 87.9% salary and 12.1% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth €59.60K. The average tenure of the management team and the board of directors is 2.8 years and 1.5 years respectively.
Key information
Changlin Yao
Chief executive officer
CN¥91.0k
Total compensation
| CEO salary percentage | 87.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 2.8yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CN¥477m |
| Mar 31 2024 | n/a | n/a | -CN¥69m |
| Dec 31 2023 | CN¥91k | CN¥80k | CN¥340m |
Compensation vs Market: Changlin's total compensation ($USD12.56K) is below average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Insufficient data to compare Changlin's compensation with company performance.
CEO
Changlin Yao (56 yo)
less than a year
Tenure
CN¥91,000
Compensation
Mr. Changlin Yao serves as Chief Executive Officer at Grandjoy Holdings Group Co., Ltd. He is Chairman of Joy City Property Limited from June 28, 2024. Mr. Yao is General Manager & Executive Director of Jo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Executive Chairman | less than a year | CN¥91.00k | 0.016% € 59.6k | |
| CFO & Non-Executive Director | 3.3yrs | no data | no data | |
| Investor Relations Contact | no data | no data | no data | |
| Company Secretary | 2.2yrs | no data | no data | |
| Honorary Advisor | 4.8yrs | CN¥33.00k | no data |
2.8yrs
Average Tenure
56yo
Average Age
Experienced Management: HKP's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Executive Chairman | less than a year | CN¥91.00k | 0.016% € 59.6k | |
| CFO & Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 29.3yrs | CN¥427.00k | no data | |
| Non-Executive Director | 2.2yrs | no data | no data | |
| Independent Non-Executive Director | 4.8yrs | CN¥427.00k | 0.00096% € 3.5k | |
| Independent Non-Executive Director | 20.2yrs | CN¥427.00k | 0.000040% € 144.7 | |
| Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | less than a year | no data | no data |
1.5yrs
Average Tenure
52.5yo
Average Age
Experienced Board: HKP's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.