Texhong International Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Yongxiang Zhu

Chief executive officer

CN¥3.3m

Total compensation

CEO salary percentage	29.1%
CEO tenure	19.9yrs
CEO ownership	7.4%
Management average tenure	no data
Board average tenure	14.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yongxiang Zhu's remuneration changed compared to Texhong International Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CN¥3m	CN¥960k	-CN¥376m
Sep 30 2023	n/a	n/a	-CN¥979m
Jun 30 2023	n/a	n/a	-CN¥2b
Mar 31 2023	n/a	n/a	-CN¥713m
Dec 31 2022	CN¥3m	CN¥960k	CN¥157m
Sep 30 2022	n/a	n/a	CN¥1b
Jun 30 2022	n/a	n/a	CN¥2b
Mar 31 2022	n/a	n/a	CN¥3b
Dec 31 2021	CN¥18m	CN¥687k	CN¥3b
Sep 30 2021	n/a	n/a	CN¥2b
Jun 30 2021	n/a	n/a	CN¥2b
Mar 31 2021	n/a	n/a	CN¥1b
Dec 31 2020	CN¥5m	CN¥1m	CN¥517m
Sep 30 2020	n/a	n/a	CN¥470m
Jun 30 2020	n/a	n/a	CN¥423m
Mar 31 2020	n/a	n/a	CN¥653m
Dec 31 2019	CN¥861k	CN¥845k	CN¥884m
Sep 30 2019	n/a	n/a	CN¥958m
Jun 30 2019	n/a	n/a	CN¥1b
Mar 31 2019	n/a	n/a	CN¥1b
Dec 31 2018	CN¥2m	CN¥587k	CN¥1b
Sep 30 2018	n/a	n/a	CN¥1b
Jun 30 2018	n/a	n/a	CN¥1b
Mar 31 2018	n/a	n/a	CN¥1b
Dec 31 2017	CN¥6m	CN¥1m	CN¥1b

Compensation vs Market: Yongxiang's total compensation ($USD455.10K) is about average for companies of similar size in the Hong Kong market ($USD392.35K).

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

CEO

Yongxiang Zhu (58 yo)

19.9yrs

Tenure

CN¥3,302,000

Compensation

Mr. Yongxiang Zhu serves as Vice-Chairman of Texhong International Group Limited (formerly known as Texhong Textile Group Limited) and has been its Chief Executive Officer since October 10, 2011 and Execut...

Board Members

Name	Position	Tenure	Compensation	Ownership
Tianzhu Hong	Executive Chairman	19.9yrs	CN¥1.80m	43.38% CN¥ 1.8b
Yongxiang Zhu	CEO & Executive Vice-Chairman	19.9yrs	CN¥3.30m	7.41% CN¥ 314.2m
Lixin Ye	Executive Director	less than a year	no data	no data
Longdi Cheng	Independent Non-Executive Director	19.6yrs	CN¥136.00k	no data
Wa Tung Shu	Independent Non Executive Director	1.1yrs	CN¥109.00k	0.0087% CN¥ 369.4k
Xiaoming Tao	Independent Non-Executive Director	10.3yrs	CN¥163.00k	no data

14.9yrs

Average Tenure

58yo

Average Age

Experienced Board: 2678's board of directors are seasoned and experienced ( 14.9 years average tenure).

Texhong International Group Management

Management criteria checks 2/4

Key information

Recent management updates

Texhong International Group Limited Approves the Election of Ye Lixin as Executive Director

Texhong International Group Limited, Annual General Meeting, May 27, 2024

Texhong International Group Limited Announces Board Changes

Texhong International Group Limited Announces Executive Changes

Texhong International Group Limited Appoints Shu Wa Tung, Laurence as an Independent Non-Executive Director

Insufficient new directors

Recent updates

Texhong International Group Limited Approves the Election of Ye Lixin as Executive Director

Texhong International Group Limited, Annual General Meeting, May 27, 2024

Full year 2023 earnings released: CN¥0.41 loss per share (vs CN¥0.17 profit in FY 2022)

New minor risk - Financial data availability

Texhong International Group Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

Texhong International Group Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2023

Texhong International Group Limited Announces Board Changes

Now 21% undervalued after recent price drop

First half 2023 earnings released: CN¥0.81 loss per share (vs CN¥1.08 profit in 1H 2022)

Texhong International Group Limited to Report First Half, 2023 Results on Aug 18, 2023

Texhong International Group Limited Announces Executive Changes

Texhong International Group Limited Provides Preliminary Assessment of the Unaudited Consolidated Management Accounts Guidance for the Five Months Ended 31 May 2023

Texhong International Group Limited Appoints Shu Wa Tung, Laurence as an Independent Non-Executive Director

Full year 2022 earnings released: EPS: CN¥0.17 (vs CN¥2.93 in FY 2021)

Texhong International Group Limited Provides Earnings Guidance for the Year Ended 31 December 2022

Insufficient new directors

Texhong Textile Group Ordinary Shares to Be Deleted from OTC Equity

Upcoming dividend of HK$0.38 per share

First half 2022 earnings released: EPS: CN¥1.08 (vs CN¥1.41 in 1H 2021)

Texhong Textile Group Limited Announces Ordinary Interim (Semi-Annual) Cash Dividend for the Six Months Ended June 30, 2022, Payable on 14 October 2022

Texhong Textile Group Limited to Report First Half, 2022 Results on Aug 29, 2022

Texhong Textile Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

Texhong Textile Group Limited Declares Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$0.57 per share

Insufficient new directors

Full year 2021 earnings released: EPS: CN¥2.93 (vs CN¥0.56 in FY 2020)

Less than half of directors are independent

Texhong Textile Group Limited to Report Fiscal Year 2021 Results on Mar 16, 2022

Texhong Textile Group Limited Provides Earning Guidance for the Six Months Ended 31 December 2021

An unknown buyer entered into a memorandum of understanding to acquire Great Triumph Investments Limited from Texhong Textile Group Limited (SEHK:2678).

Company Secretary & Executive Director recently sold HK$3.1m worth of stock

Upcoming dividend of HK$0.50 per share

Company Secretary & Executive Director recently sold HK$1.4m worth of stock

First half 2021 earnings released: EPS CN¥1.41 (vs CN¥0.011 in 1H 2020)

Texhong Textile Group Limited Provides Unaudited Consolidated Earnings Guidance for the Five Months Ended May 31, 2021

Executive Director has left the company

Texhong Textile Group Limited Declares Final Dividend for the Year Ended 31 December 2020

Upcoming dividend of HK$0.20 per share

COO & Executive Director recently sold HK$8.4m worth of stock

COO & Executive Director recently sold HK$4.2m worth of stock

Texhong Textile Group Limited proposes final dividend for the year ended 31 December 2020

Texhong Textile Group Limited, Annual General Meeting, May 03, 2021

Full year 2020 earnings released: EPS CN¥0.57 (vs CN¥0.97 in FY 2019)

Revenue misses expectations

Investor sentiment deteriorated over the past week

Texhong Textile Group Limited to Report Fiscal Year 2020 Results on Mar 12, 2021

Investor sentiment improved over the past week

New 90-day high: HK$10.68

Investor sentiment improved over the past week

New 90-day high: HK$8.79

Investor sentiment improved over the past week

New 90-day high: HK$7.96

New 90-day high: HK$7.50

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: HK$6.90

Market bids up stock over the past week

New 90-day low: HK$5.17

First half earnings released

First half earnings released

Texhong Textile Group Limited Announces No Interim Dividend for the Six Months Ended 30 June 2020

Texhong Textile Group Limited to Report First Half, 2020 Results on Aug 21, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age