Shanghai REFIRE Group Management

Management criteria checks 2/4

Shanghai REFIRE Group's CEO is Qi Lin, appointed in Sep 2015, has a tenure of 9.67 years. total yearly compensation is CN¥62.41M, comprised of 1.4% salary and 98.6% bonuses, including company stock and options. directly owns 13.73% of the company’s shares, worth HK$2.75B. The average tenure of the management team and the board of directors is 2.6 years and 3.5 years respectively.

Key information

Qi Lin

Chief executive officer

CN¥62.4m

Total compensation

CEO salary percentage	1.38%
CEO tenure	9.7yrs
CEO ownership	13.7%
Management average tenure	2.6yrs
Board average tenure	3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Qi Lin's remuneration changed compared to Shanghai REFIRE Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2024	CN¥62m	CN¥862k	-CN¥737m
Dec 31 2023	CN¥29m	CN¥874k	-CN¥529m
Dec 31 2022	CN¥3m	CN¥848k	-CN¥506m
Dec 31 2021	CN¥2m	CN¥841k	-CN¥573m

Compensation vs Market: Qi's total compensation ($USD8.66M) is above average for companies of similar size in the Hong Kong market ($USD443.72K).

Compensation vs Earnings: Qi's compensation has increased whilst the company is unprofitable.

CEO

Qi Lin (42 yo)

9.7yrs

Tenure

CN¥62,411,000

Compensation

Mr. Qi Lin is Founder & CEO of Shanghai REFIRE Group Limited from September 18, 2015. Mr. Lin joined the Shanghai REFIRE Group Limited on September 18, 2015. He has been Executive Chairman of Board at of S...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Qi Lin	Founder	9.7yrs	CN¥62.41m	13.73% HK$ 2.8b
Zhe Hu	COO, President & Executive Director	1.3yrs	CN¥44.96m	no data
Liangming Shao	Financial Controller	1.3yrs	no data	no data
Jing Nan Ma	VP & Executive Director	1.3yrs	CN¥19.47m	2.05% HK$ 410.8m
Shuang Zhai	Deputy Executive Director of the R&D Center and Executive Director	3.2yrs	CN¥15.60m	no data
Yongsheng Zhao	Director Procurement Department & Pioneer Project Team and Director	2.1yrs	CN¥15.22m	no data
Yun Liu	Executive President	no data	no data	no data
Hongyu Xie	Vice President	4.4yrs	no data	no data
Christopher John Guzy	Chief Technology Officer	5.2yrs	no data	no data
Zhong Zheng	VP & Joint Company Secretary	4.7yrs	no data	no data
Ping Yeung Poon	Joint Company Secretary	1.3yrs	no data	no data

2.6yrs

Average Tenure

40yo

Average Age

Experienced Management: 2570's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Qi Lin	Founder	9.7yrs	CN¥62.41m	13.73% HK$ 2.8b
Zhe Hu	COO, President & Executive Director	7.8yrs	CN¥44.96m	no data
Jing Nan Ma	VP & Executive Director	1.4yrs	CN¥19.47m	2.05% HK$ 410.8m
Shuang Zhai	Deputy Executive Director of the R&D Center and Executive Director	4.7yrs	CN¥15.60m	no data
Yongsheng Zhao	Director Procurement Department & Pioneer Project Team and Director	2.1yrs	CN¥15.22m	no data
Wei Li	Independent Non-Executive Director	4.7yrs	CN¥120.00k	no data
Huiyou Liu	Non-Executive Director	1.4yrs	no data	no data
Fei Chen	Independent Non-Executive Director	1.4yrs	CN¥120.00k	no data
Meifen Qian	Independent Non-Executive Director	4.7yrs	CN¥120.00k	no data
Yang Wu	Chairperson of Supervisory Committee	2.3yrs	no data	no data
Cheng Zhang	Supervisor	less than a year	no data	no data
Chuqi Wang	Supervisor	4.7yrs	no data	no data

3.5yrs

Average Tenure

40yo

Average Age

Experienced Board: 2570's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/21 03:13
End of Day Share Price	2025/05/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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

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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

Shanghai REFIRE Group Limited 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.