HONGMING(SZ:301105) 3 6 Ke·2026-02-08 13:13Core Viewpoint - The appointment of Jin Xi as the chairman and general manager of Hongming Co., Ltd. at the age of 26 highlights a generational shift in leadership within the company, making him one of the youngest chairmen in A-shares history [1][2]. Group 1: Leadership Changes - Jin Xi, born in 2000, has been elected as the chairman and general manager of Hongming Co., Ltd. during the company's second extraordinary general meeting of 2026 [1]. - Jin Xi is one of only two "post-00s" chairmen in A-shares, alongside Zhang Haokang of Hainan Ruize [1]. - The previous chairman, Jin Jian, and his wife, Cai Tiehui, are the controlling shareholders of Hongming Co., holding over 60% of the company's shares [2]. Group 2: Executive Profile - The average age of Hongming Co.'s executives is 48 years, with an average salary of 398,730 CNY [3]. - Jin Jian, the former chairman, has a salary of approximately 590,100 CNY [3]. - The board consists of 12 members, with 25% being independent directors and an age range of 35 to 60 years [4]. Group 3: Company Performance Metrics - Hongming Co. has a total market value of 2.6 billion CNY, with a net profit of 39.37 million CNY reported [6]. - The company has experienced a year-on-year revenue decline of 28.9% [6]. - The gross profit margin stands at 27.76%, while the net profit margin is at -9.63% [6].