Flat Glass Group Management
Management criteria checks 4/4
Flat Glass Group's CEO is Hongliang Ruan, appointed in Dec 2005, has a tenure of 20.5 years. total yearly compensation is CN¥1.26M, comprised of 93.4% salary and 6.6% bonuses, including company stock and options. directly owns 19.93% of the company’s shares, worth $648.84M. The average tenure of the management team and the board of directors is 28 years and 5.1 years respectively.
Key information
Hongliang Ruan
Chief executive officer
CN¥1.3m
Total compensation
| CEO salary percentage | 93.36% |
| CEO tenure | 20.5yrs |
| CEO ownership | 19.9% |
| Management average tenure | 28yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | CN¥925m |
| Dec 31 2025 | CN¥1m | CN¥1m | CN¥993m |
| Sep 30 2025 | n/a | n/a | CN¥348m |
| Jun 30 2025 | n/a | n/a | -CN¥232m |
| Mar 31 2025 | n/a | n/a | CN¥362m |
| Dec 31 2024 | CN¥1m | CN¥1m | CN¥1b |
| Sep 30 2024 | n/a | n/a | CN¥2b |
| Jun 30 2024 | n/a | n/a | CN¥3b |
| Mar 31 2024 | n/a | n/a | CN¥3b |
| Dec 31 2023 | CN¥1m | CN¥1m | CN¥3b |
| Sep 30 2023 | n/a | n/a | CN¥3b |
| Jun 30 2023 | n/a | n/a | CN¥2b |
| Mar 31 2023 | n/a | n/a | CN¥2b |
| Dec 31 2022 | CN¥1m | CN¥1m | CN¥2b |
| Sep 30 2022 | n/a | n/a | CN¥2b |
| Jun 30 2022 | n/a | n/a | CN¥2b |
| Mar 31 2022 | n/a | n/a | CN¥2b |
| Dec 31 2021 | CN¥1m | CN¥976k | CN¥2b |
| Sep 30 2021 | n/a | n/a | CN¥3b |
| Jun 30 2021 | n/a | n/a | CN¥2b |
| Mar 31 2021 | n/a | n/a | CN¥2b |
| Dec 31 2020 | CN¥1m | CN¥974k | CN¥2b |
| Sep 30 2020 | n/a | n/a | CN¥1b |
| Jun 30 2020 | n/a | n/a | CN¥917m |
| Mar 31 2020 | n/a | n/a | CN¥823m |
| Dec 31 2019 | CN¥965k | CN¥816k | CN¥717m |
Compensation vs Market: Hongliang's total compensation ($USD184.88K) is below average for companies of similar size in the US market ($USD6.93M).
Compensation vs Earnings: Hongliang's compensation has been consistent with company performance over the past year.
CEO
Hongliang Ruan (64 yo)
Mr. Hongliang Ruan founded Flat Glass Group Co., Ltd. and has been its Chairman of the Board, Chief Executive and Director since December 2005 and also its General Manager and De Facto Controller and serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.5yrs | CN¥1.26m | 19.93% $ 648.8m | |
| Vice Chairman of the Board | 26yrs | CN¥851.33k | 13.32% $ 433.4m | |
| President | 11.2yrs | CN¥1.21m | 15.14% $ 492.8m | |
| Co-Founder | 28yrs | CN¥702.23k | 0.60% $ 19.6m | |
| Executive Director & Deputy GM of The Industry Park of The Headquarters | no data | CN¥673.70k | 0.40% $ 13.1m | |
| Co-Founder & Deputy GM of the Eng. Dept. | 28yrs | CN¥280.00k | 1.81% $ 58.9m | |
| Co-Founder | 28yrs | CN¥280.00k | 1.21% $ 39.2m | |
| Co-Founder | 28yrs | CN¥242.00k | 1.21% $ 39.2m | |
| Founder | 28yrs | no data | no data | |
| Founder | 28yrs | no data | no data | |
| Founder | 28yrs | no data | no data | |
| Founder | 28yrs | no data | no data |
Experienced Management: FGSG.F's management team is seasoned and experienced (28 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.5yrs | CN¥1.26m | 19.93% $ 648.8m | |
| Vice Chairman of the Board | 26yrs | CN¥851.33k | 13.32% $ 433.4m | |
| President | 2.9yrs | CN¥1.21m | 15.14% $ 492.8m | |
| Co-Founder | 16.8yrs | CN¥702.23k | 0.60% $ 19.6m | |
| Executive Director & Deputy GM of The Industry Park of The Headquarters | 11.4yrs | CN¥673.70k | 0.40% $ 13.1m | |
| Independent Non-Executive Director | 5.1yrs | CN¥193.88k | no data | |
| Employee Representative Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 5.1yrs | CN¥100.00k | no data | |
| Independent Non-Executive Director | 1.6yrs | CN¥100.00k | no data |
Experienced Board: FGSG.F's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/24 08:07 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Flat Glass Group Co., Ltd. is covered by 20 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Edward Leung | BofA Global Research |
| Yan Ma | China International Capital Corporation Limited |
| Ziyi Wu | Citic Securities Co., Ltd. |