Bitfire Group Holdings Management
Management criteria checks 2/4
Bitfire Group Holdings' CEO is Xiaoqi Weng, appointed in Aug 2025, has a tenure of less than a year. total yearly compensation is HK$215.00K, comprised of 44.2% salary and 55.8% bonuses, including company stock and options. directly owns 9.98% of the company’s shares, worth HK$195.44M. The average tenure of the management team and the board of directors is 0.7 years and 4 years respectively.
Key information
Xiaoqi Weng
Chief executive officer
HK$215.0k
Total compensation
| CEO salary percentage | 44.19% |
| CEO tenure | less than a year |
| CEO ownership | 10.0% |
| Management average tenure | less than a year |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
More Unpleasant Surprises Could Be In Store For Sinohope Technology Holdings Limited's (HKG:1611) Shares After Tumbling 26%
Feb 09
Sinohope Technology Holdings Limited (HKG:1611) Might Not Be As Mispriced As It Looks After Plunging 26%
Nov 19Investors Still Aren't Entirely Convinced By Sinohope Technology Holdings Limited's (HKG:1611) Revenues Despite 37% Price Jump
Aug 31Even With A 43% Surge, Cautious Investors Are Not Rewarding Sinohope Technology Holdings Limited's (HKG:1611) Performance Completely
Jul 02A Piece Of The Puzzle Missing From Sinohope Technology Holdings Limited's (HKG:1611) 31% Share Price Climb
May 08Sinohope Technology Holdings Limited (HKG:1611) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable
Nov 25Sinohope Technology Holdings' (HKG:1611) Profits May Not Reveal Underlying Issues
Jul 01Slammed 28% Sinohope Technology Holdings Limited (HKG:1611) Screens Well Here But There Might Be A Catch
Apr 25Sinohope Technology Holdings Limited (HKG:1611) Stock Rockets 36% But Many Are Still Ignoring The Company
Mar 07Is New Huo Technology Holdings (HKG:1611) A Risky Investment?
Mar 11Does Huobi Technology Holdings (HKG:1611) Have A Healthy Balance Sheet?
Jul 07Huobi Technology Holdings Limited (HKG:1611) Stocks Pounded By 32% But Not Lagging Market On Growth Or Pricing
May 30Huobi Technology Holdings Limited's (HKG:1611) Stock Retreats 32% But Earnings Haven't Escaped The Attention Of Investors
May 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | HK$215k | HK$95k | -HK$9m |
Compensation vs Market: Xiaoqi's total compensation ($USD27.45K) is below average for companies of similar size in the Hong Kong market ($USD320.48K).
Compensation vs Earnings: Insufficient data to compare Xiaoqi's compensation with company performance.
CEO
Xiaoqi Weng (37 yo)
Mr. Xiaoqi Weng is Chief Executive Officer and Executive Director of Bitfire Group Holdings Limited (formerly known as Sinohope Technology Holdings Limited) from August 26, 2025. Mr. Weng possesses over a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | less than a year | HK$215.00k | 9.98% HK$ 195.4m | |
| CFO & Executive Director | 5.7yrs | HK$1.40m | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Vice President of International Corporate Finance | no data | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Group Financial Controller | 5.7yrs | no data | no data | |
| Company Secretary | no data | no data | no data |
Experienced Management: 1611's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | less than a year | HK$215.00k | 9.98% HK$ 195.4m | |
| CFO & Executive Director | 4.3yrs | HK$1.40m | no data | |
| Independent Non-Executive Director | 3yrs | HK$260.00k | no data | |
| Independent Non-Executive Director | 7.5yrs | HK$260.00k | no data | |
| Independent Non-Executive Director | 4yrs | HK$260.00k | no data | |
| Non-Executive Chairman | 6.6yrs | HK$600.00k | 29.79% HK$ 583.2m | |
| Non-Executive Director | 3.4yrs | HK$2.92m | 10.96% HK$ 214.6m |
Experienced Board: 1611's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 00:08 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/09/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Bitfire Group Holdings 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.