Zhao Xiaohu, Deputy General Manager of Ruierte, was promoted to 979700 yuan, higher than Luo Yuanliang, Chairman of the Board

Zhao Xiaohu, Deputy General Manager of Ruierte, was promoted to 979700 yuan, higher than Luo Yuanliang, Chairman of the Board
15:16, May 22, 2024 Operator Finance Network

Gong Wan, intern of operator Caijing. com/Wen

Recently, Ruierte, the leader of bathroom OEM, released its annual report for 2023, and the company's revenue and net profit increased year on year. The company's achievement is inseparable from the efforts of the executives. The operator Caijing tried to reveal Zhao Xiaohu, its deputy general manager.

Zhao Xiaohu is the current vice president of Rearte. He was born in 1977 and is a 47 year old executive.

In 1999, Zhao Xiaohu, 22, graduated from the Department of Chemical Engineering of Anhui University of Science and Technology and joined Anhui Guozhen Energy. Later, he successively worked in two companies, Xiamen Yuquan Composite Technology and ITT Technology (Xiamen).

In 2008, Zhao Xiaohu joined the predecessor of Rearte, Xiamen Rearte Sanitary Ware Industry Co., Ltd., at the age of 31. At the beginning, he was trained as a senior cadre, and later served as assistant to the general manager, deputy manager of the assembly department, and manager of the manufacturing department.

On March 8, 2016, Rearte was officially listed on the small and medium-sized board of Shenzhen Stock Exchange. Perhaps because of his outstanding working ability, Zhao Xiaohu was appointed as the deputy general manager of the company on March 28 of the same year, and has been in office for 8 years.

The 2023 financial report of Rearte shows that the salary of Zhao Xiaohu, the vice president, is 979700 yuan, which is higher than the salary of Luo Yuanliang, the chairman. In recent years, Zhao Xiaohu's salary has increased, which shows his ability to work.

In addition, his company holds 250000 shares. As of April 26 this year, the closing price of Rearte was 11.99 yuan/share, so the value of his shares was about 2.9975 million yuan.

In 2023, the annual revenue of Rearte will be about 2.184 billion yuan, up 11.47% year on year; The net profit attributable to the parent company was about 219 million yuan, up 3.59% year on year; The net profit after deducting non profits was about 200 million yuan, up 3.83% year on year; The net cash flow from operating activities was about 436 million yuan, up 20.08% year on year; The gross profit margin is 29.53%.

Rearte also recently released the 2023 profit distribution plan, which plans to distribute cash dividends of 2.5 yuan (tax included) for every 10 shares to all shareholders based on about 418 million shares, and no bonus shares (tax included) will be given to all shareholders, instead of converting reserve funds into capital stock; The amount of cash dividends is about 104 million yuan (tax included).

It is assumed that Zhao Xiaohu and other shareholders of the company will receive a lot of cash dividends in this profit distribution.

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