Core Insights - The report highlights the significant salary growth of CFOs in A-share listed companies despite the overall market downturn, with a total salary scale of 4.27 billion RMB and an average salary of 814,800 RMB for 2024 [1][2]. Group 1: CFO Salary Trends - The total salary of CFOs in A-share listed companies reached 4.27 billion RMB in 2024, with an average salary of 814,800 RMB [1]. - Tianyi New Materials' CFO, Hou Yubo, received a salary of 1.2252 million RMB in 2024, marking a 20.8% increase from 1.0142 million RMB in 2023 [2][4]. - The salary increase of CFOs occurs amidst significant declines in company stock prices and financial performance, raising concerns among investors [2][3]. Group 2: Company Performance - Tianyi New Materials experienced a stock price drop of 65.98% in 2024, reflecting a lack of investor confidence [2][4]. - The company's revenue for 2024 was approximately 763 million RMB, down 63.85% year-on-year, with a net loss of 1.495 billion RMB, a staggering decline of 1138.31% from profit to loss [2][3]. - The company faced four regulatory penalties in 2024, further highlighting its operational challenges [2]. Group 3: Market Implications - The contrasting trends of rising CFO salaries against plummeting stock prices and financial performance have drawn significant market attention [2][3]. - The governance structure regarding management team compensation and its alignment with shareholder interests and long-term company development is becoming a focal point for market observers [3].