China Gas Holdings Management

Management criteria checks 4/4

China Gas Holdings' CEO is Ming Hui Liu, appointed in Jul 2002, has a tenure of 22.33 years. total yearly compensation is HK$14.02M, comprised of 99.9% salary and 0.1% bonuses, including company stock and options. directly owns 7.51% of the company’s shares, worth €318.43M. The average tenure of the management team and the board of directors is 13.5 years and 11.1 years respectively.

Key information

Ming Hui Liu

Chief executive officer

HK$14.0m

Total compensation

CEO salary percentage	99.9%
CEO tenure	22.3yrs
CEO ownership	7.5%
Management average tenure	13.5yrs
Board average tenure	11.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ming Hui Liu's remuneration changed compared to China Gas Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	HK$14m	HK$14m	HK$3b
Dec 31 2023	n/a	n/a	HK$3b
Sep 30 2023	n/a	n/a	HK$3b
Jun 30 2023	n/a	n/a	HK$4b
Mar 31 2023	HK$16m	HK$16m	HK$4b
Dec 31 2022	n/a	n/a	HK$6b
Sep 30 2022	n/a	n/a	HK$7b
Jun 30 2022	n/a	n/a	HK$7b
Mar 31 2022	HK$10m	HK$10m	HK$8b
Dec 31 2021	n/a	n/a	HK$9b
Sep 30 2021	n/a	n/a	HK$9b
Jun 30 2021	n/a	n/a	HK$10b
Mar 31 2021	HK$18m	HK$10m	HK$10b
Dec 31 2020	n/a	n/a	HK$10b
Sep 30 2020	n/a	n/a	HK$9b
Jun 30 2020	n/a	n/a	HK$9b
Mar 31 2020	HK$19m	HK$9m	HK$9b
Dec 31 2019	n/a	n/a	HK$9b
Sep 30 2019	n/a	n/a	HK$9b
Jun 30 2019	n/a	n/a	HK$9b
Mar 31 2019	HK$27m	HK$9m	HK$8b
Dec 31 2018	n/a	n/a	HK$8b
Sep 30 2018	n/a	n/a	HK$7b
Jun 30 2018	n/a	n/a	HK$7b
Mar 31 2018	HK$112m	HK$8m	HK$6b

Compensation vs Market: Ming Hui's total compensation ($USD1.80M) is about average for companies of similar size in the German market ($USD1.92M).

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

CEO

Ming Hui Liu (61 yo)

22.3yrs

Tenure

HK$14,022,000

Compensation

Mr. Ming Hui Liu serves as the President of China Gas Holdings Limited since August 2012 and has been its Managing Director since July 2002. Mr. Liu serves as President and General Manager of Zhongran Inve...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ming Hui Liu	Executive Chairman	22.3yrs	HK$14.02m	7.51% € 318.4m
Yong Huang	Executive President & Executive Director	22.8yrs	HK$11.81m	3.03% € 128.5m
Weiwei Zhu	COO & Executive Director	no data	HK$5.93m	0.11% € 4.7m
Kun Zhao	VP, Chief Compliance Officer & Executive Director	no data	HK$3.51m	no data
Ching Li	Executive Director	no data	HK$1.23m	0.037% € 1.6m
Chang Liu	VP, Deputy GM of Capital Management Centre & Executive Director	4.6yrs	HK$3.42m	no data
Zhiyuan Gao	Chief Financial Officer	no data	no data	no data
Wing Ki Chan	Group General Counsel & Company Secretary	2.1yrs	no data	no data
Yaobo Deng	Chief Strategy Officer	no data	no data	no data
Juan Guo	Chief Risk Officer	no data	no data	no data

13.5yrs

Average Tenure

50yo

Average Age

Experienced Management: EBZ's management team is seasoned and experienced (13.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ming Hui Liu	Executive Chairman	22.6yrs	HK$14.02m	7.51% € 318.4m
Yong Huang	Executive President & Executive Director	11.4yrs	HK$11.81m	3.03% € 128.5m
Weiwei Zhu	COO & Executive Director	22.2yrs	HK$5.93m	0.11% € 4.7m
Kun Zhao	VP, Chief Compliance Officer & Executive Director	3.3yrs	HK$3.51m	no data
Ching Li	Executive Director	10.8yrs	HK$1.23m	0.037% € 1.6m
Chang Liu	VP, Deputy GM of Capital Management Centre & Executive Director	4.6yrs	HK$3.42m	no data
Yuhua Zhao	Independent Non-Executive Director	22yrs	HK$742.00k	0.044% € 1.9m
Erwan Mao	Independent Non-Executive Director	21.8yrs	HK$742.00k	0.040% € 1.7m
Xinhao Jiang	Non-Executive Director	9.4yrs	no data	no data
Yanyan Chen	Independent Non-Executive Director	11.9yrs	HK$660.00k	no data
Bin Xiong	Non-Executive Vice Chairman of the Board	2.7yrs	no data	no data
Weihua Ma	Independent Non-Executive Director	2.8yrs	HK$1.25m	no data

11.1yrs

Average Tenure

60yo

Average Age

Experienced Board: EBZ's board of directors are seasoned and experienced ( 11.1 years average tenure).

China Gas Holdings Management

Management criteria checks 4/4

Key information

Recent management updates

China Gas Holdings Limited, Annual General Meeting, Aug 21, 2024

China Gas Holdings Limited Announces Board Changes

Executive Chairman recently bought €574k worth of stock

China Gas Holdings Limited, Annual General Meeting, Aug 23, 2023

Executive Chairman recently bought €587k worth of stock

China Gas Holdings Limited Announces Executive Changes

Recent updates

New minor risk - Share price stability

China Gas Holdings Limited to Report Q2, 2025 Results on Nov 29, 2024

China Gas Holdings Limited Approves Final Dividend

Upcoming dividend of HK$0.35 per share

Full year 2024 earnings released: EPS: HK$0.59 (vs HK$0.80 in FY 2023)

Final dividend of HK$0.35 announced

Full year 2024 earnings released: EPS: HK$0.59 (vs HK$0.80 in FY 2023)

China Gas Holdings Limited, Annual General Meeting, Aug 21, 2024

China Gas Holdings Limited Proposes Final Dividend for the Year Ended 31 March 2024, Payable on 4 October 2024

China Gas Holdings Limited to Report Fiscal Year 2024 Results on Jun 24, 2024

Upcoming dividend of HK$0.15 per share at 7.5% yield

China Gas Holdings Limited Announces Board Changes

Executive Chairman recently bought €574k worth of stock

First half 2024 earnings released: EPS: HK$0.34 (vs HK$0.60 in 1H 2023)

China Gas Holdings Limited Announces an Interim Dividend for the Six-Month Ended 30 September 2023, Payable on 2 February 2024

China Gas Holdings Limited Announces an Interim Dividend for the Six-Month Ended 30 September 2023, Payable on 2 February 2024

China Gas Holdings Limited to Report First Half, 2024 Results on Nov 27, 2023

China Gas Holdings Limited Approves Final Dividend for the Year Ended 31 March 2023

Upcoming dividend of HK$0.40 per share at 6.0% yield

China Gas Holdings Limited, Annual General Meeting, Aug 23, 2023

Full year 2023 earnings released: EPS: HK$0.80 (vs HK$1.39 in FY 2022)

China Gas Holdings Limited to Report Fiscal Year 2023 Results on Jun 26, 2023

Now 21% undervalued after recent price drop

Executive Chairman recently bought €587k worth of stock

Upcoming dividend of HK$0.10 per share

Investor sentiment improved over the past week

First half 2023 earnings released: EPS: HK$0.60 (vs HK$0.74 in 1H 2022)

China Gas Holdings Limited Announces Interim Dividend for the Six-Month Period Ended 30 September 2022, Payable on 03 February 2023

China Gas Holdings Limited to Report Q2, 2023 Results on Nov 25, 2022

China Gas Holdings Limited Announces Executive Changes

China Gas Holdings Limited Approves Final Dividend for the Year Ended 31 March 2022

Upcoming dividend of HK$0.45 per share

China Gas Holdings Limited Announces Change in Composition of Remuneration Committee

Full year 2022 earnings released: EPS: HK$1.39 (vs HK$2.01 in FY 2021)

China Gas Holdings Limited, Annual General Meeting, Aug 18, 2022

China Gas Holdings Limited to Report Fiscal Year 2022 Results on Jun 24, 2022

Investor sentiment deteriorated over the past week

China Gas Holdings Limited Appoints Xiong Bin as the Vice Chairman of the Board, a Non-Executive Director and a Member of the Corporate Governance and Risk Control Committee

China Gas Holdings Limited Appoints Ma Weihua as Independent Non-Executive Director, Chairman of the Sustainability Committee and a Member of Each of the Audit Committee and the Corporate Governance and Risk Control Committee, Effective 1 February 2022

Upcoming dividend of HK$0.10 per share

Investor sentiment deteriorated over the past week

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of HK$0.45 per share

Full year 2021 earnings released: EPS HK$2.01 (vs HK$1.76 in FY 2020)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

China Gas Holdings Limited and China Petrochemical Corporation Enter into Strategic Cooperation Framework Agreement

Investor sentiment improved over the past week

New 90-day high: €3.18

China Gas Holdings Limited Announces Change of Non-Executive Director and Change of Composition of Board Committee

First half 2021 earnings released: EPS HK$0.97

Revenue misses expectations

New 90-day high: €3.08

First half 2021 earnings released: EPS HK$0.97

Revenue misses expectations

New 90-day high: €3.06

China Gas Holdings Limited to Report First Half, 2021 Results on Nov 27, 2020

Market bids up stock over the past week

New 90-day high: €2.68

Executive Chairman recently bought €1.0m worth of stock

New 90-day low - €2.30

New 90-day low - €2.46

New 90-day low - €2.64

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure