Crosstec Group Holdings Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Rong Wang

Chief executive officer

HK$322.0k

Total compensation

CEO salary percentage	59.6%
CEO tenure	1.2yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	1.3yrs

Recent management updates

Recent updates

Shareholders May Not Be So Generous With Crosstec Group Holdings Limited's (HKG:3893) CEO Compensation And Here's Why

Nov 26

If You Had Bought Crosstec Group Holdings' (HKG:3893) Shares Three Years Ago You Would Be Down 53%

Nov 24

CEO Compensation Analysis

How has Rong Wang's remuneration changed compared to Crosstec Group Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	HK$322k	HK$192k	-HK$13m

Compensation vs Market: Rong's total compensation ($USD41.37K) is below average for companies of similar size in the Hong Kong market ($USD232.96K).

Compensation vs Earnings: Insufficient data to compare Rong's compensation with company performance.

CEO

Rong Wang (41 yo)

1.2yrs

Tenure

HK$322,000

Compensation

Mr. Rong Wang is Executive Director of Lapco Holdings Limited from May 12, 2023. He is Executive Director of Crosstec Group Holdings Limited from July 13, 2023 and serves as its Chairman of the Board from...

Board Members

Name	Position	Tenure	Compensation	Ownership
Rong Wang	CEO & Executive Chairman	1.3yrs	HK$322.00k	no data
Cui Qingbo	Executive Director	less than a year	HK$371.00k	no data
Kwok Hing Tse	Independent Non-Executive Director	1.3yrs	HK$110.00k	no data
Ho Yin Tsang	Non-Executive Director	3.2yrs	HK$180.00k	no data
Kwai Sheung Lee	Independent Non-Executive Director	1.8yrs	HK$120.00k	no data
Jian Ma	Independent Non-Executive Director	1.3yrs	HK$110.00k	no data

1.3yrs

Average Tenure

40.5yo

Average Age

Experienced Board: 3893's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Crosstec Group Holdings Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new and inexperienced directors

Crosstec Group Holdings Limited, Annual General Meeting, Dec 13, 2024

Crosstec Group Holdings Limited Announces That Zhu Shengmao Has Resigned as an Executive Director

CROSSTEC Group Holdings Limited Appoints Wang Rong as Chairman of the Board

Crosstec Group Holdings Limited, Annual General Meeting, Dec 15, 2023

Crosstec Group Holdings Limited Announces Executive Changes

Recent updates

New major risk - Market cap size

Full year 2024 earnings released: HK$0.097 loss per share (vs HK$0.58 loss in FY 2023)

High number of new and inexperienced directors

Crosstec Group Holdings Limited, Annual General Meeting, Dec 13, 2024

New minor risk - Shareholder dilution

Full year 2024 earnings released: HK$0.097 loss per share (vs HK$0.58 loss in FY 2023)

Crosstec Group Holdings Limited to Report Fiscal Year 2024 Results on Sep 30, 2024

New minor risk - Share price stability

New major risk - Market cap size

New minor risk - Share price stability

New major risk - Shareholder dilution

Crosstec Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 6.7392 million.

Crosstec Group Holdings Limited to Report First Half, 2024 Results on Feb 29, 2024

Crosstec Group Holdings Limited Announces That Zhu Shengmao Has Resigned as an Executive Director

CROSSTEC Group Holdings Limited Appoints Wang Rong as Chairman of the Board

Crosstec Group Holdings Limited, Annual General Meeting, Dec 15, 2023

New minor risk - Financial data availability

Third quarter 2023 earnings released: HK$0.19 loss per share (vs HK$0.095 loss in 3Q 2022)

Crosstec Group Holdings Limited Provides Group Earnings Guidance for the Year Ended 30 June 2023

Crosstec Group Holdings Limited Announces Executive Changes

Crosstec Group Holdings Limited to Report Fiscal Year 2023 Results on Sep 27, 2023

New minor risk - Financial data availability

Crosstec Group Holdings Limited Announces Executive Changes

New minor risk - Financial data availability

Crosstec Group Holdings Limited Announces Resignation of Mr. Liang Shifeng as an Executive Director and Finance Director with Effect on August 9, 2023

New major risk - Shareholder dilution

Crosstec Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 17.28 million.

Crosstec Group Holdings Limited Announces Board Changes

New minor risk - Share price stability

Crosstec Group Holdings Limited Announces Resignation of Wang Qin Independent Non-Executive Director and Member of Each of the Audit Committee, the Remuneration Committee, the Nomination Committee and the Risk Management Committee

Crosstec Group Holdings Limited Announces Resignation of Lam Wing Hung as Chief Executive Officer

Crosstec Group Holdings Limited Announces Board Resignations

First half 2023 earnings released: HK$0.15 loss per share (vs HK$0.11 loss in 1H 2022)

Crosstec Group Holdings Limited to Report First Half, 2023 Results on Feb 27, 2023

Crosstec Group Holdings Limited Provides Earning Guidance for the Six Months Ended 31 December 2022

High number of new directors

Crosstec Group Holdings Limited Announces Board and Committee Changes

Crosstec Group Holdings Limited Announces Change in Composition of Board Committees

Crosstec Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 5.76 million.

Crosstec Group Holdings Limited Announces Management Changes, Effective 13 December 2022

Less than half of directors are independent

Full year 2022 earnings released: HK$0.30 loss per share (vs HK$0.16 loss in FY 2021)

Crosstec Group Holdings Limited Announces Executive Director and Joint Company Secretary Changes

Crosstec Group Holdings Limited, Annual General Meeting, Dec 16, 2022

Full year 2022 earnings released

Crosstec Group Holdings Limited Announces Appointment of Lam Wing Hung as Executive Director

Crosstec Group Holdings Limited to Report Fiscal Year 2022 Results on Sep 27, 2022

Crosstec Group Holdings Limited Provides Group Earnings Guidance for the Year Ended 30 June 2022

Less than half of directors are independent

Crosstec Group Holdings Limited Announces Board Changes

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Crosstec Group Holdings Limited to Report First Half, 2022 Results on Feb 25, 2022

Crosstec Group Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 31 December 2021

Independent Non-Executive Director Wai Yip Shing has left the company

Less than half of directors are independent

Shareholders May Not Be So Generous With Crosstec Group Holdings Limited's (HKG:3893) CEO Compensation And Here's Why

Full year 2021 earnings released: EPS HK$0.016 (vs HK$0.045 loss in FY 2020)

First half 2021 earnings released: HK$0.005 loss per share (vs HK$0.013 loss in 1H 2020)

New 90-day high: HK$0.29

Crosstec Group Holdings Limited to Report First Half, 2021 Results on Feb 26, 2021

New 90-day high: HK$0.26

If You Had Bought Crosstec Group Holdings' (HKG:3893) Shares Three Years Ago You Would Be Down 53%

Full year earnings released - HK$0.011 loss per share

Full year earnings released - HK$0.011 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members