Zhengzhou Coal Mining Machinery Group Management

Management criteria checks 2/4

Zhengzhou Coal Mining Machinery Group's CEO is Hao Jia, appointed in Feb 2018, has a tenure of 6.17 years. total yearly compensation is CN¥9.57M, comprised of 25.8% salary and 74.2% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth HK$41.25M. The average tenure of the management team and the board of directors is 0.3 years and 3.1 years respectively.

Key information

Hao Jia

Chief executive officer

CN¥9.6m

Total compensation

CEO salary percentage	25.8%
CEO tenure	6.2yrs
CEO ownership	0.1%
Management average tenure	less than a year
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hao Jia's remuneration changed compared to Zhengzhou Coal Mining Machinery Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	CN¥3b
Sep 30 2023	n/a	n/a	CN¥3b
Jun 30 2023	n/a	n/a	CN¥3b
Mar 31 2023	n/a	n/a	CN¥3b
Dec 31 2022	CN¥10m	CN¥2m	CN¥3b
Sep 30 2022	n/a	n/a	CN¥2b
Jun 30 2022	n/a	n/a	CN¥2b
Mar 31 2022	n/a	n/a	CN¥2b
Dec 31 2021	CN¥9m	CN¥2m	CN¥2b
Sep 30 2021	n/a	n/a	CN¥2b
Jun 30 2021	n/a	n/a	CN¥1b
Mar 31 2021	n/a	n/a	CN¥1b
Dec 31 2020	CN¥5m	CN¥2m	CN¥1b
Sep 30 2020	n/a	n/a	CN¥1b
Jun 30 2020	n/a	n/a	CN¥1b
Mar 31 2020	n/a	n/a	CN¥1b
Dec 31 2019	CN¥4m	CN¥2m	CN¥1b
Sep 30 2019	n/a	n/a	CN¥1b
Jun 30 2019	n/a	n/a	CN¥1b
Mar 31 2019	n/a	n/a	CN¥1b
Dec 31 2018	CN¥4m	CN¥2m	CN¥832m

Compensation vs Market: Hao's total compensation ($USD1.32M) is above average for companies of similar size in the Hong Kong market ($USD568.37K).

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

CEO

Hao Jia (53 yo)

6.2yrs

Tenure

CN¥9,573,000

Compensation

Mr. Hao Jia has been General Manager of Zhengzhou Coal Mining Machinery Group Co., Ltd. since February 12, 2018 and served as its Vice Chairman since February 12, 2018 until March 31, 2021. He served as th...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chengyao Jiao	Executive Chairman	15.3yrs	CN¥9.21m	0.25% CN¥ 74.8m
Hao Jia	GM & Executive Director	6.2yrs	CN¥9.57m	0.14% CN¥ 41.3m
Hua Huang	Chief Financial Officer	6.2yrs	CN¥2.17m	0.047% CN¥ 14.3m
Zugang Fu	Executive Director & GM of Coal Mining Machinery Segment	no data	CN¥6.67m	0.22% CN¥ 66.6m
Hechao Meng	Executive Director	less than a year	no data	0.010% CN¥ 3.0m
Kaishun Li	Executive Director	less than a year	no data	0.0084% CN¥ 2.5m
Yin Wah Chan	Joint Company Secretary	no data	no data	no data
Yichen Zhang	Joint Company Secretary & Secretary to the Board	less than a year	no data	0.0063% CN¥ 1.9m

0.3yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 564's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Chengyao Jiao	Executive Chairman	15.3yrs	CN¥9.21m	0.25% CN¥ 74.8m
Hao Jia	GM & Executive Director	6.2yrs	CN¥9.57m	0.14% CN¥ 41.3m
Zugang Fu	Executive Director & GM of Coal Mining Machinery Segment	6.2yrs	CN¥6.67m	0.22% CN¥ 66.6m
Hechao Meng	Executive Director	less than a year	no data	0.010% CN¥ 3.0m
Kaishun Li	Executive Director	less than a year	no data	0.0084% CN¥ 2.5m
Minglin Zhang	Supervisor	3.1yrs	no data	0.0042% CN¥ 1.3m
Qiang Liu	Chairman of the Board of Supervisors	6.2yrs	CN¥440.00k	0.00064% CN¥ 193.0k
Kai Cui	Non-Executive Director	3.1yrs	no data	no data
Jinglei Cheng	Independent Non-Executive Director	4.5yrs	CN¥140.00k	no data
Yuan Fang	Independent Non-Executive Director	3.1yrs	CN¥140.00k	no data
Feng Ji	Independent Non-Executive Director	3.1yrs	CN¥140.00k	no data
Taiyu Yue	Non-Executive Director	less than a year	no data	no data

3.1yrs

Average Tenure

54yo

Average Age

Experienced Board: 564's board of directors are considered experienced (3.1 years average tenure).

Zhengzhou Coal Mining Machinery Group Management

Management criteria checks 2/4

Key information

Recent management updates

Zhengzhou Coal Mining Machinery Group Company Limited Announces Announcement on the Progress of Appointment of Joint Company Secretary

Zhengzhou Coal Mining Machinery Group Company Limited Announces Secretary to the Board of Directors and Joint Company Secretary Changes

Zhengzhou Coal Mining Machinery Group Company Limited Approves Board Appointments

Zhengzhou Coal Mining Machinery Group Company Limited Elects Yue Taiyu as A Non-Executive Director

Zhengzhou Coal Mining Machinery Group Company Limited Announces Resignation of Fei Guangsheng as Non-Executive Director

Zhengzhou Coal Mining Machinery Group Company Limited Announces Demise of Xiang Jiayu, the Executive Director and Vice Chairman

Recent updates

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q1, 2024 Results on Apr 30, 2024

Zhengzhou Coal Mining Machinery Group Company Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 15 July 2024

Zhengzhou Coal Mining Machinery Group Company Limited Announces Announcement on the Progress of Appointment of Joint Company Secretary

Zhengzhou Coal Mining Machinery Group Company Limited to Report Fiscal Year 2023 Results on Mar 29, 2024

Zhengzhou Coal Mining Machinery Group Company Limited Announces Secretary to the Board of Directors and Joint Company Secretary Changes

Zhengzhou Coal Mining Machinery Group Company Limited Approves Board Appointments

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q3, 2023 Results on Oct 31, 2023

Zhengzhou Coal Mining Machinery Group Company Limited Elects Yue Taiyu as A Non-Executive Director

Zhengzhou Coal Mining Machinery Group Company Limited Announces Resignation of Fei Guangsheng as Non-Executive Director

Zhengzhou Coal Mining Machinery Group Company Limited to Report First Half, 2023 Results on Aug 29, 2023

Zhengzhou Coal Mining Machinery Group Company Limited Announces Demise of Xiang Jiayu, the Executive Director and Vice Chairman

Zhengzhou Coal Mining Machinery Group Company Limited Announces Resignation of Zhang Yonglong as Supervisor

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q3, 2022 Results on Oct 26, 2022

Zhengzhou Coal Mining Machinery Group Company Limited to Report First Half, 2022 Results on Aug 30, 2022

Zhengzhou Coal Mining Machinery, Partners Plan to Buy 43.3% Stake in Luoyang LYC Bearing

Zhengzhou Coal Mining Machinery Group Company Limited Approves Final Ordinary Dividend for the Year Ended December 31, 2021, Payable on 29 July 2022

Zhengzhou Coal Mining Machinery Group Company Limited Proposes Final Cash Dividend for 2021, Payable on or Before 29 July 2022

Less than half of directors are independent

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q1, 2022 Results on Apr 26, 2022

Zhengzhou Coal Mining Machinery Group Company Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2021, Payable on 29 July 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Zhengzhou Coal Mining Machinery Group Company Limited Provides Earnings Guidance for the Year Ended December 31, 2021

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.045 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.42 in 2Q 2020)

Investor sentiment improved over the past week

Non-Executive Director Dong Sheng Yang has left the company

Investor sentiment improved over the past week

Upcoming dividend of HK$0.26 per share

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.23 in 1Q 2020)

Investor sentiment improved over the past week

Employee Representative Supervisor has left the company

Supervisor has left the company

Executive Director has left the company

Full year 2020 earnings released: EPS CN¥0.71 (vs CN¥0.60 in FY 2019)

Investor sentiment deteriorated over the past week

Zhengzhou Coal Mining Machinery Group Company Limited (SEHK:564) signed purchase agreement to acquire remaining 24.5% stake in Zhengzhou Shengji Mechanical and Electrical Equipment Company Limited from Chizhou Zhongan Zhaoshang Equity Investment LLP for approximately CNY 790 million.

Full year 2020 earnings released: EPS CN¥0.71 (vs CN¥0.60 in FY 2019)

Revenue beats expectations

Zhengzhou Coal Mining Machinery Group Company Limited to Report Fiscal Year 2020 Results on Mar 27, 2021

New 90-day high: HK$15.00

Investor sentiment improved over the past week

New 90-day high: HK$13.26

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

New 90-day high: HK$11.82

Market bids up stock over the past week

New 90-day high: HK$10.20

Market bids up stock over the past week

Third quarter earnings released

New 90-day high: HK$9.47

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q3, 2020 Results on Oct 28, 2020

New 90-day high: HK$8.50

New 90-day high: HK$8.40

First half earnings released

New 90-day high - HK$5.70

New 90-day high - HK$3.97

Zhengzhou Coal Mining Machinery Group Company Limited to Report First Half, 2020 Results on Aug 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members