Sangfor Technologies (SZ:300454) Xin Lang Cai Jing·2025-07-11 10:40Core Viewpoint - The company, 深信服, reported a decline in both revenue and net profit for the year 2024, while the compensation for its Vice President, 蒋文光, saw a significant increase, raising questions about executive pay amidst financial downturns [1][4]. Financial Performance - The company's revenue for 2024 was 7.52 billion yuan, a decrease of 1.9% year-on-year [1]. - The net profit attributable to shareholders was 197 million yuan, down 0.5% compared to the previous year [1]. Executive Compensation - 蒋文光's compensation for 2024 was 1.6458 million yuan, which is substantially higher than that of other executives, with the next highest being 322,300 yuan for the Vice Chairman [4]. - In 2023, 蒋文光's salary was 1.0105 million yuan, indicating an increase of over 600,000 yuan year-on-year [5]. - The significant raise in 蒋文光's salary is notable given the company's declining financial performance, which is uncommon in corporate practices [5]. Executive Background - 蒋文光, aged 46, holds multiple positions within the company, including Vice President, Financial Director, and Secretary of the Board [3]. - His career includes previous roles at 深圳迈瑞生物医疗电子股份有限公司 and 腾讯科技, before joining 深信服 in 2010 [3].