Persistence Resources Group Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Richard Shao
Chief executive officer
CN¥488.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.2yrs |
| CEO ownership | n/a |
| Management average tenure | 2.2yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CN¥65m |
| Sep 30 2023 | n/a | n/a | CN¥67m |
| Jun 30 2023 | n/a | n/a | CN¥69m |
| Mar 31 2023 | n/a | n/a | CN¥76m |
| Dec 31 2022 | CN¥488k | CN¥488k | CN¥83m |
| Dec 31 2021 | CN¥481k | CN¥481k | CN¥42m |
Compensation vs Market: Richard's total compensation ($USD67.62K) is below average for companies of similar size in the Hong Kong market ($USD326.20K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Shao (60 yo)
2.2yrs
Tenure
CN¥488,000
Compensation
Dr. Xuxin Shao, also known as Richard, Ph D, has been an Advisor to a number of companies in the evaluation and processing of minerals in North America and China since 1998. Dr. Shao has been Chairman and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 2.2yrs | CN¥488.00k | no data | |
| CFO, Company Secretary & Executive Director | 2.2yrs | CN¥1.01m | no data | |
| Executive Director | 2.2yrs | CN¥399.00k | no data | |
| Executive Director | 2.2yrs | CN¥217.00k | no data | |
| Head of Mine Operations | 3.8yrs | no data | no data | |
| Chairman & GM of Yantai Zhongjia Mining Co. Ltd | 3yrs | no data | no data |
2.2yrs
Average Tenure
60yo
Average Age
Experienced Management: 2489's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 5yrs | CN¥488.00k | no data | |
| CFO, Company Secretary & Executive Director | 4yrs | CN¥1.01m | no data | |
| Executive Director | 5yrs | CN¥399.00k | no data | |
| Executive Director | 4yrs | CN¥217.00k | no data | |
| Chairman & GM of Yantai Zhongjia Mining Co. Ltd | 3yrs | no data | no data | |
| Independent Non Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non Executive Director | less than a year | no data | no data | |
| Independent Non Executive Director | less than a year | no data | no data |
3.0yrs
Average Tenure
57yo
Average Age
Experienced Board: 2489's board of directors are considered experienced (3 years average tenure).