Seven car companies CEOs earn over one million
According to the data compiled by Gasgoo.com in the annual reports of 25 listed automobile companies in China, CEO Wang Bifu, the president of BYD, has the highest annual salary for listed companies in 2008-2010 (the president, general manager or CEO). In these three years, their annual salary reached 3.36 million yuan, 3.422 million yuan and 4.017 million yuan respectively, which is much higher than other listed companies. This is related to BYD's business operations that include automobiles and Wang Chuanfu, who is also the chairman and executive director of the company. The chairmen of other companies do not both serve as presidents or general managers. Even Tom Yuxiang, who was concurrently the chairman and president of Yutong Bus before 2009, has handed the post to the CEO. Wei Jie, who also serves as chairman and general manager of Yaxing Bus, also set up an executive general manager position in 2010 (by Li Xiao).
The veterans' annual salary is second only to BYD. It belongs to Jiangling Motors. Although the exact annual salary of boss Chen Yuanqing could not be known in the annual report of Jiangling Motors, the salary paid by the company for Chen Yuanqing to Ford Motor Company was respectively 320,000 US dollars, 375,000 US dollars and 375,000 US dollars. If the exchange rate is 1:6.8, it will be converted into RMB 2.176 million, RMB 2.55 million and RMB 2.55 million, respectively.
In addition to BYD and JMC, the annual salary of CEOs of Foton Motors, Geely Automobile, Jinlong Motors, Yutong Bus and Guangzhou Automobile Group also exceeded RMB 1 million. Among them, Futian Automobile CEO Wang Jinyu's 2010 annual salary is close to 2 million yuan, 1.985 million yuan. Geely Automobile CEO Gui Shengyue had a total of 1.683 million yuan in salaries, rental allowances, and retirement benefit plans for 2010. In addition, he also received a “share-based payment†of 6.785 million yuan, which totaled 8.468 million yuan. Yutong bus general manager Niu Bobo’s annual salary in 2010 was 1.3 million yuan, close to chairman Tong Yuxiang’s annual salary of 1.4 million yuan. The annual salary of Zeng Qinghong, President of GAC Group, was RMB 0.220 million in 2009 and exceeded RMB 1 million in 2010, reaching RMB 1.024 million.
Eight car company CEOs annual salary of between 5-850,000
The annual salary of Zhang Qijie, Chen Hong, Zhang Baolin and Lu Feng, CEOs of FAW Cars, Shanghai Automotive, Changan Automobile and Dongfeng Automobile of the major listed companies of the “Big Four†Automobile Group were all between RMB 0.58 million and RMB 850,000, respectively RMB 845,200. , 741,000 yuan, 633.5 thousand yuan and 500,000 yuan.
In addition, the annual salaries of the CEOs of Jianghuai Auto, Lifan, ST Gold Cup and Shuguang Stocks, An Shang, Shang You, Liu Pengcheng, and Li Haiyang are also in this range, which are 754,400 yuan, 600,000 yuan, 570,000 yuan and 520,000 respectively. yuan.
Eight car owners veteran annual salary between 19-49 million
FAW Xia Li, the general manager of another listed company of FAW Group, had an annual salary of RMB 197,000 in 2010, which is RMB 688,000 less than that of FAW Car. The annual salary of Fu Shoujie, general manager of Guangqi Changfeng, another listed company of Guangzhou Automobile Group, was 333,200 yuan.
Among the bus companies listed in the passenger and bus companies Xingma Automobile, China National Heavy Duty Truck, Ankai Bus and Zhongtong Bus, the CEOs of Zhongtong Bus and China National Heavy Duty Truck Group have higher salary, which was 480,000 yuan and 374,100 yuan respectively in 2010, and Ankai Bus The CEOs of Xingma Motors have annual salary of 300,000 yuan and 280,000 yuan respectively.
In 2008, Great Wall Motor Co., Ltd., which officially produced and sold passenger cars, had its CEO Wang Fengying's 2010 annual salary of 0.402 million yuan, which was significantly higher than its 2008 and 2009 salary (14.5 million yuan and 151,000 yuan respectively).
Another company that has stepped up the development of cars is Haima Co., Ltd. Its president, Mr. Hu Qun, has an annual salary of 311,900 yuan in 2010. Compared with his salary in 2008 and 2009 (both RMB 310,000 yuan), Hu Qun has no significant increase.
Two car companies CEOs earn less than 100,000 yuan a year
The annual salary of Wang Zhigang, general manager of CNAC Panthers, was RMB 93,000 in 2010, which is a significant improvement over their salary in 2008 and 2009 (4.71 million yuan and 56,500 yuan respectively).
Yaxing Bus General Manager Wei Jie’s annual salary in 2010 was 25,000 yuan, while in 2008 and 2009 the annual salary was 150,000 yuan and 147,500 yuan respectively. The company’s highest payroll in 2010 was executive general manager Li Xiao, whose annual salary was four times that of Wei Jie and reached RMB 100,000.
(Next), we will reveal the relationship between CEOs’ annual salary changes and company performance changes.
According to the data compiled by Gasgoo.com in the annual reports of 25 listed automobile companies in China, CEO Wang Bifu, the president of BYD, has the highest annual salary for listed companies in 2008-2010 (the president, general manager or CEO). In these three years, their annual salary reached 3.36 million yuan, 3.422 million yuan and 4.017 million yuan respectively, which is much higher than other listed companies. This is related to BYD's business operations that include automobiles and Wang Chuanfu, who is also the chairman and executive director of the company. The chairmen of other companies do not both serve as presidents or general managers. Even Tom Yuxiang, who was concurrently the chairman and president of Yutong Bus before 2009, has handed the post to the CEO. Wei Jie, who also serves as chairman and general manager of Yaxing Bus, also set up an executive general manager position in 2010 (by Li Xiao).
The veterans' annual salary is second only to BYD. It belongs to Jiangling Motors. Although the exact annual salary of boss Chen Yuanqing could not be known in the annual report of Jiangling Motors, the salary paid by the company for Chen Yuanqing to Ford Motor Company was respectively 320,000 US dollars, 375,000 US dollars and 375,000 US dollars. If the exchange rate is 1:6.8, it will be converted into RMB 2.176 million, RMB 2.55 million and RMB 2.55 million, respectively.
In addition to BYD and JMC, the annual salary of CEOs of Foton Motors, Geely Automobile, Jinlong Motors, Yutong Bus and Guangzhou Automobile Group also exceeded RMB 1 million. Among them, Futian Automobile CEO Wang Jinyu's 2010 annual salary is close to 2 million yuan, 1.985 million yuan. Geely Automobile CEO Gui Shengyue had a total of 1.683 million yuan in salaries, rental allowances, and retirement benefit plans for 2010. In addition, he also received a “share-based payment†of 6.785 million yuan, which totaled 8.468 million yuan. Yutong bus general manager Niu Bobo’s annual salary in 2010 was 1.3 million yuan, close to chairman Tong Yuxiang’s annual salary of 1.4 million yuan. The annual salary of Zeng Qinghong, President of GAC Group, was RMB 0.220 million in 2009 and exceeded RMB 1 million in 2010, reaching RMB 1.024 million.
Eight car company CEOs annual salary of between 5-850,000
The annual salary of Zhang Qijie, Chen Hong, Zhang Baolin and Lu Feng, CEOs of FAW Cars, Shanghai Automotive, Changan Automobile and Dongfeng Automobile of the major listed companies of the “Big Four†Automobile Group were all between RMB 0.58 million and RMB 850,000, respectively RMB 845,200. , 741,000 yuan, 633.5 thousand yuan and 500,000 yuan.
In addition, the annual salaries of the CEOs of Jianghuai Auto, Lifan, ST Gold Cup and Shuguang Stocks, An Shang, Shang You, Liu Pengcheng, and Li Haiyang are also in this range, which are 754,400 yuan, 600,000 yuan, 570,000 yuan and 520,000 respectively. yuan.
Eight car owners veteran annual salary between 19-49 million
FAW Xia Li, the general manager of another listed company of FAW Group, had an annual salary of RMB 197,000 in 2010, which is RMB 688,000 less than that of FAW Car. The annual salary of Fu Shoujie, general manager of Guangqi Changfeng, another listed company of Guangzhou Automobile Group, was 333,200 yuan.
Among the bus companies listed in the passenger and bus companies Xingma Automobile, China National Heavy Duty Truck, Ankai Bus and Zhongtong Bus, the CEOs of Zhongtong Bus and China National Heavy Duty Truck Group have higher salary, which was 480,000 yuan and 374,100 yuan respectively in 2010, and Ankai Bus The CEOs of Xingma Motors have annual salary of 300,000 yuan and 280,000 yuan respectively.
In 2008, Great Wall Motor Co., Ltd., which officially produced and sold passenger cars, had its CEO Wang Fengying's 2010 annual salary of 0.402 million yuan, which was significantly higher than its 2008 and 2009 salary (14.5 million yuan and 151,000 yuan respectively).
Another company that has stepped up the development of cars is Haima Co., Ltd. Its president, Mr. Hu Qun, has an annual salary of 311,900 yuan in 2010. Compared with his salary in 2008 and 2009 (both RMB 310,000 yuan), Hu Qun has no significant increase.
Two car companies CEOs earn less than 100,000 yuan a year
The annual salary of Wang Zhigang, general manager of CNAC Panthers, was RMB 93,000 in 2010, which is a significant improvement over their salary in 2008 and 2009 (4.71 million yuan and 56,500 yuan respectively).
Yaxing Bus General Manager Wei Jie’s annual salary in 2010 was 25,000 yuan, while in 2008 and 2009 the annual salary was 150,000 yuan and 147,500 yuan respectively. The company’s highest payroll in 2010 was executive general manager Li Xiao, whose annual salary was four times that of Wei Jie and reached RMB 100,000.
(Next), we will reveal the relationship between CEOs’ annual salary changes and company performance changes.
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