7ROAD(HK:00797)2025-09-19 11:34Executive Compensation - The total remuneration for the CEO, Mr. Peng Cheng, for the year ended December 31, 2019, was RMB 847,000, which increased to RMB 2,639,000 for the year ended December 31, 2020, and then decreased to RMB 1,933,000 for the year ended December 31, 2021[4] - The total remuneration for all directors and senior management for the year ended December 31, 2019, was RMB 4,989,000, which rose to RMB 6,280,000 for the year ended December 31, 2020, and then decreased to RMB 5,256,000 for the year ended December 31, 2021[8] - The company reported a significant increase in the CEO's salary from RMB 813,000 in 2019 to RMB 2,571,000 in 2020, followed by a reduction to RMB 1,806,000 in 2021[4] - The total pension costs and other social security contributions for the CEO were RMB 16,000 and RMB 19,000 for the years 2019 and 2020, respectively, increasing to RMB 60,000 in 2021[4] - The remuneration structure includes base salary, share-based payments, and other employee benefits, reflecting a comprehensive approach to executive compensation[6] - The remuneration for the CEO includes various components such as housing fund contributions and retirement benefits, which are essential for attracting and retaining talent[6] Transparency and Reporting - The company provided additional information regarding the remuneration of directors and senior management, indicating a focus on transparency in compensation practices[3] - The company has maintained consistent reporting practices across its annual reports, ensuring that the additional disclosures do not affect the previously reported financial data[3] - The company’s board of directors remains committed to providing clear and detailed financial disclosures to stakeholders[3] - The company’s financial performance and executive compensation are closely monitored to align with shareholder interests and market standards[3]