MMTec Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Xiangdong Wen

Chief executive officer

US$328.3k

Total compensation

CEO salary percentage	97.6%
CEO tenure	4.4yrs
CEO ownership	0.2%
Management average tenure	no data
Board average tenure	3.6yrs

Recent management updates

Here's Why MMTec, Inc.'s (NASDAQ:MTC) CEO Compensation Is The Least Of Shareholders Concerns

Nov 03

Recent updates

Would MMTec (NASDAQ:MTC) Be Better Off With Less Debt?

May 02

Here's Why MMTec, Inc.'s (NASDAQ:MTC) CEO Compensation Is The Least Of Shareholders Concerns

Nov 03

CEO Compensation Analysis

How has Xiangdong Wen's remuneration changed compared to MMTec's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$328k	US$320k	-US$4m
Jun 30 2023	n/a	n/a	-US$17m
Mar 31 2023	n/a	n/a	-US$11m
Dec 31 2022	US$314k	US$305k	-US$6m
Sep 30 2022	n/a	n/a	-US$7m
Jun 30 2022	n/a	n/a	-US$8m
Mar 31 2022	n/a	n/a	-US$7m
Dec 31 2021	US$173k	US$171k	-US$7m
Sep 30 2021	n/a	n/a	-US$6m
Jun 30 2021	n/a	n/a	-US$5m
Mar 31 2021	n/a	n/a	-US$4m
Dec 31 2020	US$37k	US$33k	-US$3m
Sep 30 2020	n/a	n/a	-US$3m
Jun 30 2020	n/a	n/a	-US$2m
Mar 31 2020	n/a	n/a	-US$2m
Dec 31 2019	US$37k	US$35k	-US$2m
Sep 30 2019	n/a	n/a	-US$2m
Jun 30 2019	n/a	n/a	-US$3m
Mar 31 2019	n/a	n/a	-US$2m
Dec 31 2018	US$19k	US$17k	-US$2m

Compensation vs Market: Xiangdong's total compensation ($USD328.26K) is below average for companies of similar size in the US market ($USD652.28K).

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

CEO

Xiangdong Wen (39 yo)

4.4yrs

Tenure

US$328,258

Compensation

Mr. Xiangdong Wen serves as Chairman of Gujia (Beijing) Technology Co., Ltd. Mr. Wen serves as Chairman and Director of Mmtec, Inc. since January 2018 and serves as its Chief Executive Officer since June 1...

Board Members

Name	Position	Tenure	Compensation	Ownership
Xiangdong Wen	Chairman & CEO	6.8yrs	US$328.26k	0.16% $ 95.5k
Min Kong	CFO & Director	1.6yrs	US$117.24k	0.018% $ 10.8k
Xiaofei Ren	Independent Director	less than a year	no data	no data
Qingshun Meng	Independent Director	6.6yrs	no data	no data
Dan Fu	Independent Director	3.6yrs	no data	no data

3.6yrs

Average Tenure

39yo

Average Age

Experienced Board: MTC's board of directors are considered experienced (3.6 years average tenure).

MMTec Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Here's Why MMTec, Inc.'s (NASDAQ:MTC) CEO Compensation Is The Least Of Shareholders Concerns

MMTec, Inc., Annual General Meeting, Nov 10, 2023

Director notifies of intention to sell stock

Recent updates

New minor risk - Financial data availability

New major risk - Share price stability

Would MMTec (NASDAQ:MTC) Be Better Off With Less Debt?

Full year 2023 earnings released: US$0.041 loss per share (vs US$1.61 loss in FY 2022)

Less than half of directors are independent

FLJ Group Limited (NasdaqGM:FLJ) completed the acquisition of Alpha Mind Technology Limited from MMTec, Inc. (NasdaqCM:MTC) and Burgeon Capital Inc for $180 million.

FLJ Group Limited (NasdaqGM:FLJ) entered into an agreement to acquire Alpha Mind Technology Limited from MMTec, Inc. (NasdaqCM:MTC) and Burgeon Capital Inc for $180 million.

Here's Why MMTec, Inc.'s (NASDAQ:MTC) CEO Compensation Is The Least Of Shareholders Concerns

New minor risk - Financial data availability

MMTec, Inc., Annual General Meeting, Nov 10, 2023

MMTEC Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

MMTec, Inc. Completed the acquisition of 85% stake in Alpha Mind Technology Limited from Alfa Crest Investment Limited and CapitoLabs Limited

MMTec, Inc. entered into an equity acquisition agreement to acquire 85% stake in Alpha Mind Technology Limited from Alfa Crest Investment Limited and CapitoLabs Limited for $99.7 million.

Will MMTec (NASDAQ:MTC) Spend Its Cash Wisely?

Full year 2022 earnings released: US$1.61 loss per share (vs US$2.88 loss in FY 2021)

First half 2022 earnings released: US$0.92 loss per share (vs US$0.99 loss in 1H 2021)

Mmtec GAAP EPS of -$0.92, revenue of $0.73M

MMTec, Inc. announced that it expects to receive $6 million in funding

MMTEC announces $6M in equity line financing

We're Hopeful That MMTec (NASDAQ:MTC) Will Use Its Cash Wisely

MMTec Regains Compliance with NASDAQ Minimum Bid Price Requirement

MMTEC regains compliance with minimum bid price requirement

MMTEC washes 19% price on 1-for-10 reverse stock split

Full year 2021 earnings released: US$0.29 loss per share (vs US$0.16 loss in FY 2020)

Full year 2021 earnings released: US$0.29 loss per share (vs US$0.16 loss in FY 2020)

MMTEC, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Mmtec, Inc. announced that it has received $2 million in funding

We're Not Very Worried About Mmtec's (NASDAQ:MTC) Cash Burn Rate

First half 2021 earnings released: US$0.099 loss per share (vs US$0.05 loss in 1H 2020)

Full year 2020 earnings released: US$0.16 loss per share (vs US$0.11 loss in FY 2019)

Director notifies of intention to sell stock

New 90-day high: US$2.58

New 90-day high: US$2.16

New 90-day high: US$2.01

First half earnings released

New 90-day low - US$1.05

Mmtec, Inc. completed the acquisition of remaining 75.1% stake in MMBD Trading Ltd. from Xiangdong Wen (the Chairman of the Board) and Zhen Fan (the Chief Executive Officer) for US$ 0.185 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age