Huayuan Real Estate Clarification: Ren Zhiqiang real collar salary less than 700,000

"Real Estate Madman" Ren Zhiqiang 2009 Annual salary is the listed company annual report disclosed 7 million, or its own "Senqui" 700,000? This "mystery", once a public obsession, has a clear answer today. Huayuan Property (600743) announced today that　　　　2009 Ren Zhiqiang before the tax remuneration for 7.074 million yuan, but according to the actual control of Huayuan real estate Beijing Xicheng District SASAC Group 2008 Annual Comprehensive performance assessment, the District Sasac agrees that his 2009 annual salary is no more than 700,000 yuan, and the company's remaining remuneration will be paid according to the comprehensive assessment results after the expiry of the term of Chairman Ren Zhiqiang. 7 million "nominal annual salary" in today's announcement of the clarification, Huayuan real Estate on the 2009 annual remuneration of Ren Zhiqiang are as follows: The company October 28, 2008 shareholders general meeting to review through the Chairman annual salary of 3.2 million yuan, early 2009 due to the impact of the financial crisis, the company's managers according to 90% receive a monthly salary, Ren Zhiqiang still according to Huayuan Real estate restructuring happy before the original Beijing Huayuan Real Estate Co., Ltd. Chairman annual salary of 2.48 million yuan issued. October 28, 2008, the general Meeting also considered the adoption of the "Corporate Incentive fund Management measures", in accordance with the "Corporate Incentive fund Management measures", in the company's net assets yield of more than 10%, according to the same year, the ratio of the return on net assets yield different proportion of the reward fund, the total amount of the is actually issued in the next year. 2008, the company achieved a net profit of 404 million yuan, net assets yield of more than 20%, according to net profit of 10% reward fund 40.4 million yuan, the company management decided to reward the fund 75% as a bonus in 2009, the remaining 25% for the future annual operating performance is not good, can not extract the reward fund, Bonuses are paid to keep the company stable.　　2009, Ren Zhiqiang salary 7.074 million yuan before the composition of the following: 2.529 million yuan for the chairman of the annual salary and employee benefits, Siling wages, unpaid annual leave compensation, and so on, 4.545 million yuan for the 2008 Annual Performance award. Why can Ren Zhiqiang only get 700,000 if he has a "nominal annual salary" of more than 7 million of the "tail" behind the 700,000 yuan? Huayuan Real Estate in the announcement explained: Beijing Xicheng District Sasac 100% Holdings Beijing Huayuan Group Co., Ltd. (hereinafter referred to as "Huayuan Group"), is the actual control of Huayuan real estate, Ren Zhiqiang is chairman of the company is also chairman of Huayuan Group, is the district SASAC management cadres,　　According to the district Sasac on the 2008 annual comprehensive performance assessment of Huayuan Group, the district Sasac agrees that his 2009 annual salary is no more than 700,000 yuan, and the company pays for the rest of his salary in the company's remuneration account, based on the comprehensive assessment results after the expiry of the term of Chairman Ren Zhiqiang. Analysts believe that the China-far property today's clarification of the announcement is a good explanation of Ren Zhiqiang's "annual puzzle", while the announcement of the "tail" means that Ren Zhiqiang despite the 2009 years can only take 700,000, but listed companies to deal with his other salary is not to be taken, Beijing Xicheng District Sasac will be in Ren Zhiqiang Group chairman of the term expires, according to the comprehensive assessment results to pay. Although Ren Zhiqiang had "Senqui", but from the media reports, "real estate madman" himself certainly "not bad money", Ren Zhiqiang himself once said, "My actual salary is less than one-eleventh of the announced annual salary, but I do not publish the specific figures according to the requirements of the SASAC, anyway, not as much as my lecture fee."　　Another media has disclosed that Ren Zhiqiang held Huayuan real estate shares above 16 million shares, the stock market value of more than billion. Disclosure should be more transparent analysts pointed out that the listed companies due to senior executives ' annual salary issue specifically issued a clarification bulletin, in the securities market, even if not unique, it is relatively rare. Although Ren Zhiqiang's "annual salary puzzle" has dissipated, another problem remains to be solved: "Information disclosure management measures for listed companies" clearly stipulates that: Information disclosure obligations should be true, accurate, complete and timely disclosure of information, no false records, misleading statements or major omissions. When the large amount of annual salary of information disclosure of listed company and the difference of real income revealed by the executives themselves is huge, is the listed company obligated to explain it in the annual report? Information disclosure of listed companies should be more transparent in advance, rather than after the continuous media questioning. (Majiang)