Renco Holdings Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ivy Xing

Chief executive officer

HK$645.0k

Total compensation

CEO salary percentage	98.6%
CEO tenure	1.8yrs
CEO ownership	n/a
Management average tenure	1.8yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company

Mar 01

Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost

Dec 25

If You Had Bought Renco Holdings Group's (HKG:2323) Shares Three Years Ago You Would Be Down 90%

Nov 23

CEO Compensation Analysis

How has Ivy Xing's remuneration changed compared to Renco Holdings Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-HK$376m
Sep 30 2023	n/a	n/a	-HK$349m
Jun 30 2023	n/a	n/a	-HK$322m
Mar 31 2023	n/a	n/a	-HK$394m
Dec 31 2022	HK$645k	HK$636k	-HK$466m

Compensation vs Market: Ivy's total compensation ($USD82.54K) is below average for companies of similar size in the Hong Kong market ($USD232.66K).

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

CEO

Ivy Xing (32 yo)

1.8yrs

Tenure

HK$645,000

Compensation

Ms. Mengwei Xing, also known as Ivy, serves as an Independent Non-Executive Director at Huaibei Greengold Industry Investment CO., Ltd since June 16, 2021. She is Executive Director of Renco Holdings Group...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yongjun Li	Executive Chairman	4.8yrs	HK$600.00k	23.6% HK$ 17.5m
Mengwei Xing	CEO & Executive Director	1.8yrs	HK$645.00k	no data
Ho Fung Cheok	Executive Director	no data	HK$5.41m	no data
Zhiyang Su	CFO & Company Secretary	5.8yrs	no data	no data

1.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 2323's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Yongjun Li	Executive Chairman	4.8yrs	HK$600.00k	23.6% HK$ 17.5m
Mengwei Xing	CEO & Executive Director	1.8yrs	HK$645.00k	no data
Ho Fung Cheok	Executive Director	no data	HK$5.41m	no data
Fai Lau	Independent Non-Executive Director	8.2yrs	HK$220.00k	no data
Kwok Kei Mak	Independent Non-Executive Director	5.8yrs	HK$220.00k	no data
Xinwei Xu	Independent Non-Executive Director	1.8yrs	HK$98.00k	no data

4.8yrs

Average Tenure

44.5yo

Average Age

Experienced Board: 2323's board of directors are considered experienced (4.8 years average tenure).

Renco Holdings Group Management

Management criteria checks 2/4

Key information

Recent management updates

Renco Holdings Group Limited, Annual General Meeting, Jun 24, 2024

Renco Holdings Group Limited Announces Resignation of Hung Yeung Alvi as Executive Director,Chairman of Executive Committee and Member of the Independent Investigation Committee

Renco Holdings Group Limited Announces Redesignation of Li Yongjun from A Non-Executive Director to an Executive Director with Effect from 17 February 2023

Less than half of directors are independent

Less than half of directors are independent

Renco Holdings Group Limited Appoints Xing Mengwei as Chief Executive Officer

Recent updates

Renco Holdings Group Limited, Annual General Meeting, Jun 24, 2024

Full year 2023 earnings released: HK$0.14 loss per share (vs HK$0.19 loss in FY 2022)

Renco Holdings Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company

Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

New major risk - Share price stability

Renco Holdings Group Limited Announces Resignation of Hung Yeung Alvi as Executive Director,Chairman of Executive Committee and Member of the Independent Investigation Committee

Health Check: How Prudently Does Renco Holdings Group (HKG:2323) Use Debt?

First half 2023 earnings released: HK$0.058 loss per share (vs HK$0.13 loss in 1H 2022)

Renco Holdings Group Limited to Report First Half, 2023 Results on Aug 30, 2023

Full year 2022 earnings released: HK$0.19 loss per share (vs HK$0.20 loss in FY 2021)

Renco Holdings Group Limited Announces Redesignation of Li Yongjun from A Non-Executive Director to an Executive Director with Effect from 17 February 2023

Less than half of directors are independent

Is Renco Holdings Group (HKG:2323) Weighed On By Its Debt Load?

First half 2022 earnings released: HK$0.13 loss per share (vs HK$0.098 loss in 1H 2021)

Renco Holdings Group Limited Provides Earnings Forecasts for the Six Months Ended 30 June 2022

Less than half of directors are independent

Renco Holdings Group Limited to Report First Half, 2022 Results on Aug 29, 2022

Renco Holdings Group Limited Appoints Xing Mengwei as Chief Executive Officer

Renco Holdings Group Limited Announces Board Changes

Renco Holdings Group Limited has completed a Follow-on Equity Offering in the amount of HKD 44 million.

Full year 2021 earnings released: HK$0.20 loss per share (vs HK$0.47 loss in FY 2020)

Renco Holdings Group Limited, Annual General Meeting, Jul 15, 2022

Now 20% undervalued

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

Full year 2021 earnings released: HK$0.21 loss per share (vs HK$0.47 loss in FY 2020)

Calculating The Intrinsic Value Of Renco Holdings Group Limited (HKG:2323)

Would Renco Holdings Group (HKG:2323) Be Better Off With Less Debt?

First half 2021 earnings released: HK$0.098 loss per share (vs HK$0.16 loss in 1H 2020)

Renco Holdings Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2021

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

Full year 2020 earnings released: HK$0.47 loss per share (vs HK$0.30 loss in FY 2019)

Renco Holdings Group Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2020

Renco Holdings Group Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

If You Had Bought Renco Holdings Group's (HKG:2323) Shares Three Years Ago You Would Be Down 90%

Huarong International Financial Holdings Limited (SEHK:993) completed the acquisition of 49.01% stake in Huarong Investment Stock Corporation Limited (SEHK:2277) from Jia Tianjiang, HKBridge Financial Holdings Limited (SEHK:2323) and other shareholders.

New 90-day low: HK$0.39

Huarong International Financial Holdings Limited (SEHK:993) entered into an agreement to acquire 49.01% stake in Huarong Investment Stock Corporation Limited (SEHK:2277) from Jia Tianjiang, HKBridge Financial Holdings Limited (SEHK:2323) and other shareholders for approximately HKD 370 million.

First half earnings released

New 90-day low: HK$0.42

First half earnings released

Renco Holdings Group Limited to Report First Half, 2020 Results on Aug 28, 2020

New 90-day low - HK$0.45

Eternal Glory Holdings Limited acquired additional 12% stake in HKBridge Financial Holdings Limited (SEHK:2323) from Youfu Investment Co., Ltd. for HKD 2.6 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age