Wintrue aligns management pay with performance; chair pledges support
Chengdu Wintrue Holding [SZSE:002539] is overhauling its management compensation and clarifying related-party transactions in a move designed to reinforce financial discipline and shareholder value. While the annual special audit report on related party funds misappropriation revealed no illicit activity, the company is taking proactive steps to align executive pay more closely with company performance. The proposed 2025 compensation structure for directors, supervisors, and senior management was approved at the company's recent board meeting but is subject to shareholder approval given related-party considerations. All current directors of Chengdu Wintrue and many of its subsidaries have been formally issued employment contracts, as of the year 2025, and are therefore are held accountable to such standards. In particular, compensation will be based on their respective roles and contribution to company’s success. Additionally, the company is overhauling related-party transaction protocols and expects no legal issues to arise from those transactions. Chengdu Wintrue affirmed a commitment to a value-driven company with these new standards.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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