688399 高管集体降薪！董事长降50%！

Core Viewpoint - The management team of Shuoshi Biotechnology has voluntarily agreed to salary reductions to support the company's operational optimization and enhance management efficiency amid ongoing financial struggles [2][3]. Salary Reduction Details - Eight senior executives, including Honorary Chairman Fang Yongsheng and Chairman & General Manager Wang Guoqiang, will see salary cuts ranging from 5% to 50%, effective from August 15, 2025 [3][4]. - The most significant reduction is a 50% cut for both Fang Yongsheng and Wang Guoqiang, while other executives will experience reductions of 40% and 10% [4]. Financial Performance - Shuoshi Biotechnology has faced consecutive years of losses, with a reported net loss of 374 million yuan in 2023, a decline of 120.45% year-on-year [7]. - For the first half of 2025, the company reported a revenue of 176 million yuan, a decrease of 1.05% compared to the previous year, and a net profit of 3.99 million yuan, down 86.35% year-on-year [7][8]. Executive Compensation - Despite the financial difficulties, seven executives had annual salaries exceeding one million yuan in 2024, with Fang Yongsheng earning 2.0643 million yuan and Wang Guoqiang earning 2.4399 million yuan [5][6]. - The company emphasizes that the salary adjustments reflect the management's commitment to the company's long-term development and recognition of its intrinsic value [4][5]. Market Position - As of August 28, the stock price of Shuoshi Biotechnology was 63.08 yuan per share, with a total market capitalization of 5.3 billion yuan [9].