The salaries of car company executives were leaked, and Li Shufu and Wang Chuanfu took too little to be worthy of their contribution to China

Zhiyi Automobile

2024-05-08 14:11Published in Hunan

Zhiyi Auto / Chen Yi

I don't know if you have found it, in the matter of "paying wages", domestic car companies are quite willing to spend money.

For example, NIO's net loss in 2023 has reached 20.72 billion yuan, but the income of executives is still very high: according to statistics, the total annual salary of NIO executives in 2023 will be 3.1 million US dollars, and the average annual salary per capita will be 258,300 US dollars.

Coincidentally, although Xpeng Motors next door will also lose 103.8 small goals in 2023, the total annual salary of senior executives is still 4.885 million yuan, and the average annual salary per capita is 697,900 yuan.

It is worth mentioning that in the first half of 2023, the sales of Xiaopeng Motors were stretched, and netizens ridiculed them for "almost entering the ICU", and in the past five years, the cumulative loss of Xiaopeng Motors has exceeded 33 billion yuan.

However, in contrast, Li Auto's executives are the ones who can properly get their money: in 2023, the total annual salary of Li Auto's executives will be 126.736 million yuan, and the average annual salary per capita will be 42.2453 million yuan.

Li Auto has the confidence to "pay wages", after all, it is one of the few new energy vehicle companies that has achieved profitability, and in 2023, it has earned more than 100 small goals.

The house is fat and the family is rich, and it is natural for executives to share more money.

The annual salary is soft, and there are also executives of Leapmotor. In 2023, the total annual salary of Leapmotor executives will be 93.719 million yuan, and the average annual salary per capita will be 11.7149 million yuan.

However, unlike Li Auto, Leapmotor has not yet achieved self-sufficiency, and its net loss in 2023 has reached 4.216 billion yuan. The good news is that after three consecutive years of losses, Leapmotor's net loss has narrowed.

The executives of BYD and Geely are also very happy, with the total annual salaries of the executives of the two car companies last year being 123.37 million yuan and 105.798 million yuan respectively, and the average annual salary per capita was 4.745 million yuan and 8.1383 million yuan respectively.

In 2023, BYD and Geely will perform well, with the former's net profit reaching 30.041 billion yuan, a year-on-year increase of 80.72%; The latter sold 1,656,500 new cars for the year, exceeding the target.

Now that we've looked at the macro level, let's take a look at the micro level.

In terms of personal income, Li Auto is the "first brother" who is the most important, with the annual salaries of CFO Li Tie and President Ma Donghui being 64.24 million yuan and 60.58 million yuan respectively. Of course, this also includes "share-based payments", "bonuses", etc.

Wu Baojun, president of Leapmotor, and Cao Li, senior vice president, have annual salaries of 47.4 million yuan and 32.3 million yuan respectively. Interestingly, thanks to the share-based payment system, Wu Baojun and Cao Li's annual salaries will actually rise in 2023, of which Cao Li's salary will increase by 12.46 million a year, and Wu Baojun's salary will increase by 3.57 million a year.

As the chairman and CEO of Leapmotor, Zhu Jiangming's annual salary is only 5.03 million, and in the detailed rules of "salary and salary", Zhu Jiangming only got 84,000 yuan.

It should be noted that Zhu Jiangming's annual salary in 2020 is 46.489 million yuan, in other words, Boss Zhu's annual salary has been cut by nearly 40 million yuan.

In terms of Geely, the annual salaries of ZEEKR CEO An Conghui and Vice Chairman Li Donghui are 28.91 million yuan and 18.77 million yuan respectively, which is still the number after the "salary cut", you must know that the annual salaries of these two people in 2022 will be 41.88 million yuan and 26.65 million yuan respectively.

By the way, Cue Li Shufu here, his annual salary in 2022 and 2023 will only be 410,000 yuan and 370,000 yuan respectively, and he is really a down-to-earth "worker".

In terms of BYD, senior vice president Luo Hongbin and executive vice president Li Ke have annual salaries of 10 million yuan, while vice president Wang Chuanfang and chairman Wang Chuanfu have annual salaries of 7.41 million yuan and 6.61 million yuan respectively.

At the beginning of the year, the sudden "thunderstorm" of Gaohe Automobile caught many people off guard, and to this day, the discussion of "who will become the next Gaohe" is still endless. Looking at the Chinese auto market in recent years, the competition has become more and more fierce, and there are more and more bankrupt, bankrupt and delisted brands, but judging from the above listed data, even if the employment situation is becoming increasingly severe, it still can't stop many car company executives from living a nourishing life, even if they actively or passively choose to cut their salaries, but compared with the majority of ordinary people with a monthly income of 3000, their income is still an astronomical amount.

On the other hand, the employees of major car companies are also enjoying natural dividends in the tide of the times, for example, on the eve of the Spring Festival, someone broke the news that Cialis has doubled its salary for several consecutive months, and the year-end bonus is 65,000 yuan;

To some extent, the luxury cars, mansions, yachts and private jets of these "elites" are bought from the pockets of car owners who "support domestic brands".

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