FSM(SZ:002818) Xin Lang Zheng Quan·2025-08-05 07:46Core Insights - The report highlights that 1,144 secretaries of the board (董秘) in the A-share market earned over 1 million yuan annually, accounting for over 21% of the total [1] - The total salary for board secretaries in the A-share market reached 4.086 billion yuan, with an average salary of 754,300 yuan [1] Group 1: Salary Distribution - A total of 9 companies paid their board secretaries annual salaries of 1 million yuan or more, with the highest being Meikailong at 5.1451 million yuan and the lowest being Guoguang Chain at 204,700 yuan [2] - The salary disparity among board secretaries is significant, with Meikailong's secretary earning approximately 25.13 times more than Guoguang Chain's secretary [1][2] Group 2: Salary Changes - Among companies that did not change their board secretaries, most increased their salaries, with Meikailong's secretary experiencing the largest increase of 90.33% year-on-year [2] - ZTE Commercial's secretary saw the largest decrease in salary, down 49.94%, and is set to leave the company in May 2025 [2] Group 3: Company Performance - Meikailong's financial performance has not matched its high salary for the board secretary, with total revenue dropping to 7.821 billion yuan, a decrease of 32.08%, and a net loss of 2.983 billion yuan [3] - Tianhong's board secretary received a salary of 1.3663 million yuan, but the company reported a revenue decline of 2.49% to 11.786 billion yuan and a net profit drop of 66.16% [3] - Fusenmei paid its board secretary 1.12 million yuan, yet its revenue fell by 6.18% to 1.43 billion yuan, with a net profit decrease of 14.39% [3] - Gongxiao Daji paid its board secretary 1.022 million yuan but reported a loss of 1.324 billion yuan in 2024 [4]