COSCO SHIPPING Development Co., Ltd.

OTCPK:CITA.F Stock Report

Market Cap: US$3.7b

COSCO SHIPPING Development Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Mingwen Zhang

Chief executive officer

CN¥1.6m

Total compensation

CEO salary percentage82.1%
CEO tenure2.1yrs
CEO ownershipn/a
Management average tenure2.1yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mingwen Zhang's remuneration changed compared to COSCO SHIPPING Development's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CN¥1b

Dec 31 2023CN¥2mCN¥1m

CN¥1b

Sep 30 2023n/an/a

CN¥1b

Jun 30 2023n/an/a

CN¥2b

Mar 31 2023n/an/a

CN¥3b

Dec 31 2022CN¥784kCN¥648k

CN¥4b

Compensation vs Market: Mingwen's total compensation ($USD217.65K) is below average for companies of similar size in the US market ($USD6.67M).

Compensation vs Earnings: Mingwen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Mingwen Zhang (46 yo)

2.1yrs

Tenure

CN¥1,578,000

Compensation

Mr. Mingwen Zhang serves as Non-Executive Director of China Merchants Securities Co., Ltd. from January 18, 2024. He is General Manager of COSCO SHIPPING Development Co., Ltd.from June 16, 2022 and serves...


Leadership Team

NamePositionTenureCompensationOwnership
Mingwen Zhang
Executive Chairman & GM2.1yrsCN¥1.58mno data
Lei Cai
Board Secretary & Company Secretary4.3yrsCN¥873.80kno data
Haibing Hu
Chief Accountantless than a yearno datano data

2.1yrs

Average Tenure

46yo

Average Age

Experienced Management: CITA.F's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mingwen Zhang
Executive Chairman & GM2.1yrsCN¥1.58mno data
Kwok Leung Chan
Independent Non Executive Director1.4yrsno data0.0022%
CN¥ 80.0k
Sing Chi Ip
Non-Executive Director3.8yrsCN¥300.00kno data
Ruiqing Shao
Independent Non-Executive Director3.1yrsCN¥150.00kno data
Weihua Zhang
Independent Non-Executive Director6.3yrsCN¥150.00kno data
Hongjun Ye
Chairman of Supervisory Board11.1yrsno datano data
Jian Huang
Non-Executive Director8.5yrsno datano data
Yanfeng Liang
Non-Executive Director6.3yrsno datano data
Mei Zhu
Supervisor3.8yrsno datano data
Xiaobo Zhao
Employee Representative Supervisor3.7yrsno datano data

3.8yrs

Average Tenure

60yo

Average Age

Experienced Board: CITA.F's board of directors are considered experienced (3.8 years average tenure).


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