Anfu Technology's 48-year-old board secretary Ren Shunying was formerly the Chief Investment Officer of Siasun Robot & Automation, and previously worked at Everbright Securities and Wanda.

Ruicai Finance Wu Wenting On March 10, Anfu Technology’s stock price rose. By the close of trading, it was 55.89 yuan, up 5.35%, with a total market value of approximately 14.41 billion yuan.

In terms of news, yesterday, Anfu Technology released its 2025 annual report. The company achieved revenue of 4.775 billion yuan, a year-on-year increase of 2.94%; net profit attributable to shareholders was 226 million yuan, a year-on-year increase of 34.38%.

Among them, the divergence in executive compensation in Anfu Technology’s annual report attracted investor attention.

The company’s director and executive vice president Liu Ronghai’s pre-tax salary for 2025 was 14.3946 million yuan, which is 6.23 times the annual salary of Chairman Xia Maqing at 2.3088 million yuan and 5.87 times the annual salary of General Manager Lin Longhua at 2.452 million yuan. Additionally, the annual report mentioned that Liu Ronghai’s compensation is paid by Nanfang Battery.

Data shows that Liu Ronghai, aged 60, joined Nanfang Battery in 1986, served as Vice General Manager of Sales at Nanfang Battery in June 1997, and has been General Manager since September 2017. Since March 2022, he has served as a director and executive vice president of the company.

Xia Maqing, aged 60, previously served as a lecturer at Anhui University School of Economics, manager and party branch secretary of the third auditing department at Anhui Zhonghua Certified Public Accountants, director of the Finance Department and vice president at China Computer Correspondence College, head of the third audit department at ZTE Corporation, director of the audit department and CFO at Shenzhen ZTE New Communications Equipment Co., Ltd., and has held positions as director, vice president, and CFO at Anhui Landun Optoelectronics Co., Ltd., among others.

Additionally, 48-year-old Ren Shunying serves as a director, vice president, and board secretary of the company, with an annual salary of 1.9496 million yuan.

Ren Shunying has previously held roles such as executive director of the Investment Banking Department at Everbright Securities, deputy general manager of the Securities Investment Department at Wanda Commercial Properties, investment director at Hualin Securities, executive director at Landing International Development, vice president at Landing Holdings, and chief investment officer at Xin Song Robotics Investment Co., Ltd. From April 2021 to March 2022, he was vice president and CFO of the company; since May 2021, he has been general manager of Qirui Venture Capital; since October 2021, he has served as CFO of Anfu Energy; and since March 2022, he has held roles including director, board secretary, vice president, director of Yajin Technology, director of Nanfang Battery, and vice president.

Anfu Technology focuses on and deeply cultivates the small battery field for home appliances, mainly providing consumers with stable, safe, and long-lasting battery products. The company has established a multi-brand battery product matrix, seeking opportunities in various market segments.

Related companies: Anfu Technology sh603031, Xinsong Hongye, Xinsong Company sz300024, Everbright Securities hk06178, Wanda Group, Wanda