Core Insights - The article discusses the rising salaries of CFOs in Hong Kong's stock market, highlighting that several CFOs earn over 10 million RMB, contrasting with the A-share market where the highest salary is capped at 9.46 million RMB [5][6]. Group 1: CFO Salary Overview - Li Tie, CFO of Li Auto, earned a total compensation of 39.16 million RMB in 2024, down from 64.24 million RMB in 2023 [9][10]. - Zhao Yi, CFO of Longfor Group, received a total salary of 17.64 million RMB in 2024, a decrease from 25.14 million RMB in 2023 [15][18]. - Wei Ping, CFO of Lianlian Digital, had a total compensation of 14.74 million RMB in 2024 [21][23]. - Yu Feng, newly appointed CFO of Weidong, earned 13.73 million RMB in 2024 [27][28]. - On Ning, CFO of Zhongsheng Holdings, received a total salary of 10.58 million RMB in 2024 [29][30]. - Bi Mingwei, CFO of Anta Sports, earned 10.27 million RMB in 2024, an increase from 8.76 million RMB in 2023 [34][36]. Group 2: CFO Career Insights - The article emphasizes that professional skills are essential for entry into high-paying CFO roles, but transitioning from a technical expert to a value creator is crucial for breaking salary ceilings [36][37]. - It suggests that deep industry knowledge is more valuable than frequent job changes, as understanding a business model and its risks is key to becoming irreplaceable [37][38]. - Embracing challenges and stepping out of comfort zones are highlighted as essential for career advancement, with each challenge presenting an opportunity for skill enhancement [38][39]. - The combination of financial expertise, business understanding, and strategic thinking is deemed necessary for future top financial talents [40].

Core Viewpoint - The credit rating agency maintains the long-term credit rating of Qiaqia Food Co., Ltd. at AA with a stable outlook, reflecting the company's strong competitive advantages in the snack food manufacturing industry and its solid financial position [1][3][4]. Company Overview - Qiaqia Food Co., Ltd. is a leading manufacturer of snack foods in China, primarily engaged in the research, production, and sales of nut and seed products [10]. - As of March 2025, the company has a registered capital of 507 million yuan and operates 35 subsidiaries [10]. Financial Performance - For the year 2024, Qiaqia achieved total revenue of 71.31 billion yuan and a profit of 10.79 billion yuan, with a significant increase in revenue from nut products [10][17]. - The company's cash assets were reported at 49.52 billion yuan as of 2024, with a debt-to-asset ratio of 43.04% [9][10]. - The EBITDA for 2024 was 13.19 billion yuan, indicating strong operational cash flow [9]. Competitive Advantages - The company maintains a strong brand reputation, stable supply chain, innovative product processes, and extensive distribution networks, which contribute to its competitive edge in the snack food sector [3][4][12]. - Qiaqia has established a robust procurement system for raw materials, ensuring quality and stability through direct partnerships with farmers and international suppliers [13][19]. Market Position and Challenges - The snack food industry is characterized by intense competition, with Qiaqia facing challenges such as fluctuating raw material prices and the need to adapt to changing consumer preferences [4][5][11]. - The company is expanding its product lines and optimizing its product structure to capture growth in emerging markets [3][4]. Future Outlook - The outlook for Qiaqia is positive, with expectations of enhanced market strength through continued expansion into lower-tier markets and the introduction of new products [4][11]. - Potential factors for rating upgrades include significant improvements in capital strength and market demand for its products [4][5].