Fosun International Management

Management criteria checks 4/4

Fosun International's CEO is Qiyu Chen, appointed in Feb 2020, has a tenure of 4.25 years. total yearly compensation is CN¥60.04M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $6.92M. The average tenure of the management team and the board of directors is 4.2 years and 10.4 years respectively.

Key information

Qiyu Chen

Chief executive officer

CN¥60.0m

Total compensation

CEO salary percentage	10.2%
CEO tenure	4.3yrs
CEO ownership	0.1%
Management average tenure	4.2yrs
Board average tenure	10.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Qiyu Chen's remuneration changed compared to Fosun International's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	CN¥1b
Sep 30 2023	n/a	n/a	-CN¥188m
Jun 30 2023	n/a	n/a	-CN¥384m
Mar 31 2023	n/a	n/a	CN¥71m
Dec 31 2022	CN¥60m	CN¥6m	-CN¥843m
Sep 30 2022	n/a	n/a	CN¥4b
Jun 30 2022	n/a	n/a	CN¥8b
Mar 31 2022	n/a	n/a	CN¥9b
Dec 31 2021	CN¥55m	CN¥5m	CN¥10b
Sep 30 2021	n/a	n/a	CN¥10b
Jun 30 2021	n/a	n/a	CN¥10b
Mar 31 2021	n/a	n/a	CN¥9b
Dec 31 2020	CN¥34m	CN¥4m	CN¥8b
Sep 30 2020	n/a	n/a	CN¥9b
Jun 30 2020	n/a	n/a	CN¥9b
Mar 31 2020	n/a	n/a	CN¥12b
Dec 31 2019	CN¥26m	CN¥5m	CN¥15b
Sep 30 2019	n/a	n/a	CN¥14b
Jun 30 2019	n/a	n/a	CN¥14b
Mar 31 2019	n/a	n/a	CN¥14b
Dec 31 2018	CN¥25m	CN¥5m	CN¥13b
Sep 30 2018	n/a	n/a	CN¥14b
Jun 30 2018	n/a	n/a	CN¥14b
Mar 31 2018	n/a	n/a	CN¥14b
Dec 31 2017	CN¥20m	CN¥5m	CN¥13b

Compensation vs Market: Qiyu's total compensation ($USD8.29M) is about average for companies of similar size in the US market ($USD8.43M).

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

CEO

Qiyu Chen (51 yo)

4.3yrs

Tenure

CN¥60,042,000

Compensation

Mr. Qiyu Chen was Vice President of the Board for Luz Saúde, S.A. until December 2022. He serves as Chairman at InnoStar Venture. He has been Co-Chief Executive Officer at Fosun International Limited since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Qunbin Wang	Executive Co-Chairman	29.5yrs	CN¥38.96m	no data
Guangchang Guo	Executive Chairman	29.5yrs	CN¥40.34m	0.0090% CN¥ 438.9k
Qiyu Chen	Co-CEO & Executive Director	4.3yrs	CN¥60.04m	0.14% CN¥ 6.9m
Xiaoliang Xu	Co-CEO & Executive Director	4.3yrs	CN¥57.46m	0.12% CN¥ 6.1m
Ping Gong	Executive President	no data	CN¥23.47m	0.025% CN¥ 1.2m
Zhen Huang	Executive Director & Executive President	2.2yrs	CN¥14.29m	no data
Shunjiang Qian	Co-Chief Financial Officer	4.1yrs	no data	no data
Bin Tang	Chief Investment Officer	no data	no data	no data
Fan Ruohan	Senior Assistant to the President & CTO	no data	no data	no data
Sun Lu	General Manager of Capital Market and Investor Relations	no data	no data	no data
Haifeng Li	Senior VP & Chief Communications Officer	no data	no data	no data
Donghui Pan	Executive President	no data	no data	0.043% CN¥ 2.1m

4.2yrs

Average Tenure

52.5yo

Average Age

Experienced Management: FOSU.Y's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Qunbin Wang	Executive Co-Chairman	29.5yrs	CN¥38.96m	no data
Guangchang Guo	Executive Chairman	29.5yrs	CN¥40.34m	0.0090% CN¥ 438.9k
Qiyu Chen	Co-CEO & Executive Director	8.8yrs	CN¥60.04m	0.14% CN¥ 6.9m
Xiaoliang Xu	Co-CEO & Executive Director	8.8yrs	CN¥57.46m	0.12% CN¥ 6.1m
Ping Gong	Executive President	7.2yrs	CN¥23.47m	0.025% CN¥ 1.2m
Zhen Huang	Executive Director & Executive President	2.2yrs	CN¥14.29m	no data
Donghui Pan	Executive President	1.2yrs	no data	0.043% CN¥ 2.1m
Jiannong Qian	Senior Vice President and Chairman & CEO of Fosun Tourist Group	no data	no data	no data
Ming Guang Zeng	Director & President of Fosun United Health Insurance Co.	no data	no data	no data
Shengman Zhang	Independent Non-Executive Director	17.4yrs	CN¥870.00k	0.00031% CN¥ 15.1k
David T. Zhang	Independent Non-Executive Director	11.9yrs	CN¥870.00k	0.00086% CN¥ 41.8k
Huaqiao Zhang	Independent Non-Executive Director	12.2yrs	CN¥870.00k	0.0064% CN¥ 309.1k

10.4yrs

Average Tenure

54yo

Average Age

Experienced Board: FOSU.Y's board of directors are seasoned and experienced ( 10.4 years average tenure).

Fosun International Management

Management criteria checks 4/4

Key information

Recent management updates

Fosun International Limited, Annual General Meeting, Jun 06, 2024

Fosun International Limited Announces Board and Executive Changes

Fosun International Limited Announces Board Changes

Fosun International Limited Announces Changes to Its Board

Fosun International Limited Announces Management Appointments, Effective December 10, 2020

Recent updates

BNP Paribas Cardif S.A. signed an agreement to acquire 9% stake in ageas SA/NV (ENXTBR:AGS) from Fosun International Limited (SEHK:656) for €730 million.

Fosun International Limited, Annual General Meeting, Jun 06, 2024

Fosun International Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 19 July 2024

Fosun International Reportedly Open to Sale of Stake in Millennium

BNP Paribas Reportedly Considers Buying Fosun's Ageas Stake

Fosun International Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

Fosun Reportedly Explores Sale of Atlantis Sanya Luxury Resort

Fosun International Reportedly Explores Sale of Minority Stake in $800 Million Club Med

Fosun International Limited to Report First Half, 2023 Results on Aug 30, 2023

Blackstone Reportedly Set to Buy IGI for Up to $550 Million

Fosun International Limited Announces Board and Executive Changes

Fosun International Limited Announces Board Changes

Fosun International Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Year Ended 31 December 2022

Accident Fund Insurance Company of America completed the acquisition of AmeriTrust Group, Inc. from Fosun International Limited (SEHK:656).

Fosun Reportedly Seeks to Sell Stake in Alibaba's Logistics Arm Cainiao

Fosun Reportedly Appoints Deutsche Bank to Sell Peak Re

Fosun International Limited Announces Changes to Its Board

Fosun International Limited to Report First Half, 2022 Results on Aug 30, 2022

Accident Fund Insurance Company of America entered into a definitive agreement to acquire AmeriTrust Group, Inc. from Fosun International Limited (SEHK:656).

Accident Fund Insurance Company of America entered into a definitive agreement to acquire AmeriTrust Group, Inc. from Fosun International Limited (SEHK:656).

Fosun International Limited (SEHK:656) entered into asset and equity transfer agreement to acquire Five Subsidiaries of Shanghai Foyo Culture and Entertainment Co., Ltd. for CNY 80 million.

Fosun International Limited Proposes Final Dividend for the Year Ended 31 December 2020, Payable on or Around 16 July 2021

Fosun International Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

Fosun International Limited Announces Management Appointments, Effective December 10, 2020

Fosun International Limited (SEHK:656) acquired Tom Tailor GmbH from Tom Tailor Holding SE (XTRA:TTI).

Fosun International Limited Announces Its Directors Did Not Recommend the Payment of an Interim Dividend in Respect of the Six Months Ended June 30, 2020

Fosun International Limited to Report First Half, 2020 Results on Aug 27, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age