Shougang Fushan Resources Group Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Wenli Fan

Chief executive officer

HK$2.8m

Total compensation

CEO salary percentage	100.0%
CEO tenure	5yrs
CEO ownership	n/a
Management average tenure	4.7yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Wenli Fan's remuneration changed compared to Shougang Fushan Resources Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	HK$1b
Mar 31 2024	n/a	n/a	HK$2b
Dec 31 2023	HK$3m	HK$3m	HK$2b
Sep 30 2023	n/a	n/a	HK$2b
Jun 30 2023	n/a	n/a	HK$2b
Mar 31 2023	n/a	n/a	HK$3b
Dec 31 2022	HK$3m	HK$3m	HK$3b
Sep 30 2022	n/a	n/a	HK$3b
Jun 30 2022	n/a	n/a	HK$3b
Mar 31 2022	n/a	n/a	HK$3b
Dec 31 2021	HK$3m	HK$3m	HK$3b
Sep 30 2021	n/a	n/a	HK$2b
Jun 30 2021	n/a	n/a	HK$1b
Mar 31 2021	n/a	n/a	HK$1b
Dec 31 2020	HK$3m	HK$3m	HK$1b
Sep 30 2020	n/a	n/a	HK$1b
Jun 30 2020	n/a	n/a	HK$1b
Mar 31 2020	n/a	n/a	HK$1b
Dec 31 2019	HK$3m	HK$460k	HK$1b

Compensation vs Market: Wenli's total compensation ($USD354.66K) is about average for companies of similar size in the Hong Kong market ($USD488.08K).

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

CEO

Wenli Fan (44 yo)

5yrs

Tenure

HK$2,760,000

Compensation

Mr. Fan Wenli has been Managing Director and Executive Director of Shougang Fushan Resources Group Limited (formerly known as Shougang Fushan Rsrc Grp Ltd.). since November 1, 2019. Mr. Fan is a senior min...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rucai Ding	Chairman of the Board	10.2yrs	HK$3.14m	0.0088% HK$ 1.2m
Wenli Fan	MD & Executive Director	5yrs	HK$2.76m	no data
Zhaoqiang Chen	Deputy MD & Executive Director	14.8yrs	HK$3.55m	0.023% HK$ 3.0m
Dongming Wang	Deputy MD & Executive Director	4.4yrs	HK$2.42m	no data
Ling Yan Kong	Company Secretary	less than a year	no data	no data

4.7yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 639's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rucai Ding	Chairman of the Board	10.2yrs	HK$3.14m	0.0088% HK$ 1.2m
Wenli Fan	MD & Executive Director	5yrs	HK$2.76m	no data
Zhaoqiang Chen	Deputy MD & Executive Director	14.8yrs	HK$3.55m	0.023% HK$ 3.0m
Dongming Wang	Deputy MD & Executive Director	4.4yrs	HK$2.42m	no data
Yubao Shi	Independent Non-Executive Director	5.2yrs	HK$420.00k	no data
Wai Yin Choi	Independent Non-Executive Director	20.3yrs	HK$420.00k	0.013% HK$ 1.8m
Jianxiong Chen	Independent Non-Executive Director	4.4yrs	HK$420.00k	no data
Cun Chang	Non-Executive Director	6.3yrs	HK$420.00k	no data
Zeping Li	Independent Non-Executive Director	less than a year	no data	no data

5.2yrs

Average Tenure

59yo

Average Age

Experienced Board: 639's board of directors are considered experienced (5.2 years average tenure).

Shougang Fushan Resources Group Management

Management criteria checks 4/4

Key information

Recent management updates

Shougang Fushan Resources Group Limited Appoints Li Zeping as Independent Non-Executive Director, Member of the Nomination and Remuneration Committee and Change in Composition of Board Committees

Shougang Fushan Resources Group Limited Announces Executive Changes

Shougang Fushan Resources Group Limited Announces Board and Committee Changes

Shougang Fushan Resources Group Limited, Annual General Meeting, May 30, 2024

Shougang Fushan Resources Group Limited Announces Board Changes

Shougang Fushan Resources Group Limited Announces Demise of Mr. Shen Zongbin, Independent Non-Executive Director of the Company and A Member of Each of the Audit Committee, Nomination Committee and Remuneration Committee

Recent updates

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 15%

Upcoming dividend of HK$0.09 per share

Shougang Fushan Resources Group Limited Appoints Li Zeping as Independent Non-Executive Director, Member of the Nomination and Remuneration Committee and Change in Composition of Board Committees

First half dividend reduced to HK$0.09

Shougang Fushan Resources Group Limited Announces Ordinary Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2024, Payable on 7 November 2024

Shougang Fushan Resources Group Limited to Report First Half, 2024 Results on Aug 29, 2024

Shougang Fushan Resources Group Limited Announces Executive Changes

Shougang Fushan Resources Group Limited Announces Board and Committee Changes

Upcoming dividend of HK$0.18 per share

Full year 2023 earnings released: EPS: HK$0.38 (vs HK$0.54 in FY 2022)

New major risk - Revenue and earnings growth

Final dividend reduced to HK$0.18

Shougang Fushan Resources Group Limited, Annual General Meeting, May 30, 2024

Full year 2023 earnings released: EPS: HK$0.38 (vs HK$0.54 in FY 2022)

Shougang Fushan Resources Group Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 26 July 2024

Shougang Fushan Resources Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

Shougang Fushan Resources Group Limited Announces Board Changes

Shougang Fushan Resources Group Limited Announces Demise of Mr. Shen Zongbin, Independent Non-Executive Director of the Company and A Member of Each of the Audit Committee, Nomination Committee and Remuneration Committee

Upcoming dividend of HK$0.10 per share at 14% yield

Shougang Fushan Resources Group Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 9 November 2023

Shougang Fushan Resources Group Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 9 November 2023

Shougang Fushan Resources Group Limited to Report Q2, 2023 Results on Aug 30, 2023

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of HK$0.28 per share at 18% yield

Shougang Fushan Resources Group Limited Announces the Retirement of Liu Qingshan as Executive Director, Deputy Managing Director of the Company and A Member of the Executive Committee

Full year 2022 earnings released: EPS: HK$0.54 (vs HK$0.50 in FY 2021)

Less than half of directors are independent

Independent Non-Executive Director recently bought HK$115k worth of stock

Upcoming dividend of HK$0.15 per share

Deputy MD & Executive Director recently bought HK$1.3m worth of stock

First half 2022 earnings released: EPS: HK$0.32 (vs HK$0.13 in 1H 2021)

Shougang Fushan Resources Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 04 November 2022

Shougang Fushan Resources Group Limited to Report First Half, 2022 Results on Aug 30, 2022

Shougang Fushan Resources Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of HK$0.32 per share

Investor sentiment deteriorated over the past week

Shougang Fushan Resources Group Limited Announces Management Changes

Full year 2021 earnings released: EPS: HK$0.50 (vs HK$0.21 in FY 2020)

Less than half of directors are independent

Investor sentiment improved over the past week

Shougang Fushan Resources Group Limited Provides Earnings Guidance for the Year Ended 31 December 2021

Deputy MD & Executive Director recently bought HK$785k worth of stock

Independent Non-Executive Director recently bought HK$664k worth of stock

Upcoming dividend of HK$0.08 per share

Investor sentiment improved over the past week

First half 2021 earnings released: EPS HK$0.13 (vs HK$0.10 in 1H 2020)

Independent Non-Executive Director Wah Sze Kee has left the company

Upcoming dividend of HK$0.09 per share

Deputy MD & Executive Director recently sold HK$2.3m worth of stock

Investor sentiment improved over the past week

Independent Non-Executive Director recently bought HK$196k worth of stock

Full year 2020 earnings released: EPS HK$0.21 (vs HK$0.21 in FY 2019)

Full year 2020 earnings released: EPS HK$0.21 (vs HK$0.21 in FY 2019)

Shougang Fushan Resources Group Limited to Report Fiscal Year 2020 Results on Mar 25, 2021

Investor sentiment improved over the past week

New 90-day high: HK$2.04

New 90-day high: HK$1.87

First half earnings released

New 90-day high - HK$1.85

First half earnings released

Shougang Fushan Resources Group Limited to Report First Half, 2020 Results on Aug 28, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure