Macro-source securities executives rose nearly twice times the biggest increase

Yesterday (September 27), Hongyuan Securities (000562, close to 16.75 Yuan) issued a 2009 annual company executive compensation announcement, the company paid 12 directors, the Chairman of the Board of Supervisors and senior executives of the 2009 pre-tax pay adjustment,　　10 of them have seen their salaries rise sharply from last year's annual report, or even close to twice-fold. The largest increase of 199% Hongyuan Securities general manager Hu Qiang became the biggest beneficiary of this salary increase.　　In the March 19 Hongyuan Securities published annual report, Hu Qiang 2009 Tax before the annual salary of 1.4115 million yuan, now increased by 1.2978 million yuan, the final annual salary of up to 2.7093 million yuan, in listed securities executives only after the chairman of China Merchants Securities Shaolin, Merchants Securities President Yang Yi and Citic Securities deputy general Manager de-Li. Hongyuan Securities two deputy general manager Yang Yucheng, Zhou Dong, Chief financial Officer Xu Jianping, compliance director Yang Tax before the annual salary rose from 842,700 yuan last year to 1.3142 million yuan, the rise of 55.95%. Deputy General manager Chen Liang, Zhao Yuhua and Dong Yangchangyun in the 2009 Annual report of the annual salary, although all different, but this time all unified for 659,100 yuan, because Zhao Yuhua before the annual salary only 220,400 yuan, so the biggest gain, up to 199%.　　The board chairman Xu Tanguo and deputy general manager Li Xianlin's annual salary also rose 139,900 yuan and 94600 yuan respectively, reached 982,600 yuan and 164,800 yuan. However, in Hongyuan Securities, Chairman Feng Jun and party secretary Kmart annual salary reduced by about 10%.　　Feng Jun's annual salary is reduced from 404,200 yuan to 363,900 yuan, Kmart from 1.1832 million yuan to 1.0735 million yuan.　　The increase in pay will be issued in the announcement in the future, Hongyuan Securities did not pay the reasons for the change, said only that the company is "in accordance with the provisions of the relevant State departments, combined with the securities industry pay level" adjustment, and the 2009 annual pay for the report is disclosed. Yesterday, the daily economic news reporter called Hongyuan Securities, a staff member said, both the Secretary of the Securities and Security affairs representatives are on a business trip, she is not clear about the evaluation of the executive pay adjustment standards. She stressed, however, that the announcement was merely a supplementary announcement that the 2009 annual executive pay is subject to the report and that the company should not retroactively adjust the 2009 report. That means that while the pay rise is nominally 2009, the time for executives to pay should be this year or even later.