Min Fu International Holding Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Weijin Zeng

Chief executive officer

HK$1.1m

Total compensation

CEO salary percentage	98.4%
CEO tenure	2.3yrs
CEO ownership	n/a
Management average tenure	2.3yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

Is Min Fu International Holding (HKG:8511) Using Debt In A Risky Way?

Dec 05

CEO Compensation Analysis

How has Weijin Zeng's remuneration changed compared to Min Fu International Holding's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-HK$25m
Jun 30 2023	n/a	n/a	-HK$30m
Mar 31 2023	HK$1m	HK$1m	-HK$28m
Dec 31 2022	n/a	n/a	-HK$17m
Sep 30 2022	n/a	n/a	-HK$16m
Jun 30 2022	n/a	n/a	-HK$12m
Mar 31 2022	HK$322k	HK$316k	-HK$9m

Compensation vs Market: Weijin's total compensation ($USD140.45K) is below average for companies of similar size in the Hong Kong market ($USD233.89K).

Compensation vs Earnings: Weijin's compensation has increased whilst the company is unprofitable.

CEO

Weijin Zeng (40 yo)

2.3yrs

Tenure

HK$1,098,000

Compensation

Mr. Weijin Zeng serves as Executive Director of Min Fu International Holding Limited (formerly known as Zhicheng Technology Group Ltd.) since December 16, 2021 and also serves as its Chief Executive Office...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Weijin Zeng	CEO, Compliance Officer & Executive Chairman	2.3yrs	HK$1.10m	no data
Minzhi Huang	Executive Director	1.2yrs	HK$782.00k	17.01% HK$ 4.3m
Jialing Ye	Executive Director	1.5yrs	HK$416.00k	no data
Dongmei Li	Financial Director	3.8yrs	no data	no data
Zhuoru Yang	Technical Director	no data	no data	no data
Wenming Xu	Sales & Marketing Director	no data	no data	no data
Wai Hei Cheng	Company Secretary	2.3yrs	no data	no data

2.3yrs

Average Tenure

40yo

Average Age

Experienced Management: 8511's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Weijin Zeng	CEO, Compliance Officer & Executive Chairman	2.4yrs	HK$1.10m	no data
Minzhi Huang	Executive Director	1.2yrs	HK$782.00k	17.01% HK$ 4.3m
Jialing Ye	Executive Director	2.3yrs	HK$416.00k	no data
Ruizhao Zhou	Non-Executive Director	2.3yrs	HK$360.00k	no data
Wenming Zhou	Independent Non-Executive Director	2.3yrs	HK$50.00k	no data
Xiaoxuan Li	Non-Executive Director	1.3yrs	HK$7.00k	no data
Xiaoling Zhang	Non-Executive Director	1.3yrs	HK$7.00k	no data
Shengwei Lu	Independent Non-Executive Director	less than a year	no data	no data

1.8yrs

Average Tenure

37yo

Average Age

Experienced Board: 8511's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Min Fu International Holding Management

Management criteria checks 2/4

Key information

Recent management updates

Min Fu International Holding Limited Announces Resignation of Du Li as an Independent Non-Executive Director

Min Fu International Holding Limited, Annual General Meeting, Sep 22, 2023

Min Fu International Holding Limited Appoints Lu Shengwei as Independent Non-Executive Director and the Chairman of the Audit Committee

Min Fu International Holding Limited Announces Board Appointments

Insider recently sold HK$2.1m worth of stock

Insider recently sold HK$367k worth of stock

Recent updates

New major risk - Share price stability

Min Fu International Holding Limited Announces Resignation of Du Li as an Independent Non-Executive Director

Is Min Fu International Holding (HKG:8511) Using Debt In A Risky Way?

Second quarter 2024 earnings released: HK$0.002 loss per share (vs HK$0.015 loss in 2Q 2023)

Min Fu International Holding Limited to Report Q2, 2024 Results on Nov 10, 2023

Min Fu International Holding Limited, Annual General Meeting, Sep 22, 2023

First quarter 2024 earnings released: HK$0.013 loss per share (vs HK$0.012 loss in 1Q 2023)

New major risk - Shareholder dilution

Min Fu International Holding Limited to Report Q1, 2024 Results on Aug 11, 2023

Min Fu International Holding Limited Appoints Lu Shengwei as Independent Non-Executive Director and the Chairman of the Audit Committee

Full year 2023 earnings released: HK$0.07 loss per share (vs HK$0.023 loss in FY 2022)

Min Fu International Holding Limited to Report Fiscal Year 2023 Results on Jun 27, 2023

Now 26% undervalued after recent price drop

Now 20% undervalued

Now 23% undervalued

Third quarter 2023 earnings released: HK$0.012 loss per share (vs HK$0.007 loss in 3Q 2022)

Min Fu International Holding Limited Announces Board Appointments

Insider recently sold HK$2.1m worth of stock

Min Fu International Holding Limited to Report Q3, 2023 Results on Feb 13, 2023

Min Fu International Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 5.52 million.

Insider recently sold HK$367k worth of stock

Insider recently sold HK$301k worth of stock

Second quarter 2023 earnings released: HK$0.015 loss per share (vs HK$0.005 loss in 2Q 2022)

High number of new and inexperienced directors

Min Fu International Holding Limited Announces Board Changes

Min Fu International Holding Limited to Report First Half, 2023 Results on Nov 11, 2022

First quarter 2023 earnings released: HK$0.012 loss per share (vs HK$0.005 loss in 1Q 2022)

Min Fu International Holding Limited to Report Q1, 2023 Results on Aug 12, 2022

Min Fu International Holding Limited, Annual General Meeting, Aug 26, 2022

Full year 2022 earnings released: HK$0.02 loss per share (vs HK$0.008 loss in FY 2021)

Min Fu International Holding Limited to Report Q4, 2022 Results on Jun 27, 2022

Insider recently sold HK$2.1m worth of stock

Less than half of directors are independent

Insider recently sold HK$2.0m worth of stock

Insider recently sold HK$368k worth of stock

Insider recently sold HK$368k worth of stock

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: HK$0.005 loss per share (vs HK$0.006 loss in 2Q 2021)

First quarter 2022 earnings released: HK$0.005 loss per share (vs HK$0.005 loss in 1Q 2021)

Zhicheng Technology Group Ltd. to Report Nine Months, 2021 Results on Jan 25, 2021

Second quarter 2021 earnings released: HK$0.006 loss per share

Zhicheng Technology Group Ltd. to Report Q2, 2021 Results on Nov 09, 2020

Zhicheng Technology Group Ltd. to Report Q1, 2021 Results on Jul 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age