Xin Lang Zheng Quan·2025-07-31 10:24Core Insights - The report highlights the significant role of CFOs in listed companies, with the total compensation for CFOs in A-share companies reaching 4.27 billion yuan in 2024, averaging 814,800 yuan per year [1] - The average age of CFOs in the machinery and equipment sector is approximately 47.37 years, with the oldest being 67 years and the youngest at 29 years [1] - The highest reported CFO salary in 2024 is 4.51 million yuan, while the lowest is 94,100 yuan [1] - A total of 6 CFOs with a diploma or below earned over 1 million yuan in 2024, with Ren Huiling from Zhongji United earning 2.84 million yuan, ranking fourth in the industry [3][4] Industry Overview - The average salary for CFOs in the machinery and equipment sector is about 642,300 yuan [1] - The educational background of CFOs shows that 57% hold a bachelor's degree, while 26% have a master's degree or higher, indicating a relatively low level of higher education compared to other industries [1] Case Study: Xiaoyong Lin from Haoshi Electromechanical - Xiaoyong Lin's salary reached 1.24 million yuan in 2024, reflecting a 109% increase from 2023, which raises concerns about governance issues within the company [5][6] - His compensation is closely tied to the company's performance, with high performance metrics during profitable years and significantly lower during losses [6] - Despite his salary being linked to performance, Lin has faced multiple regulatory violations, indicating a potential conflict of interest and governance failures [8][9]