1. Remuneration structure
The remuneration of enterprise leaders comprises three parts: basic annual salary, annual performance pay, and term-of-office incentive income.
2. Remuneration in 2023
(1) Basic annual salary: determined according to factors such as the scale of the enterprise and the difficulty of operations and management.
(2) Annual performance salary: linked to the company’s annual operating performance assessment results.
(3) Term-of-office incentive income: linked to the results of the company’s operating performance assessment during the term.
3. Basis for remuneration management
Remuneration is managed strictly in accordance with the Interim Measures for the Remuneration Management of Persons in Charge of Central Enterprises and other relevant regulations.