Directors' and Senior Management's Remuneration (Tables)

12 Months Ended

Dec. 31, 2019

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Summary of Directors' Remuneration

Directors’ remuneration during 2019 is as follows:

					Contributions
					relating to
			Salaries,		social insurance,
	Directors’		allowances		housing fund and		2019
	fees		and bonuses		retirement scheme		Total
	’000		’000		’000		’000
Executive directors (Expressed in RMB)
YANG Jie1		—		461		169		630
SHANG Bing2		—		1,354		89		1,443
LI Yue3		—		1,585		187		1,772
Wang Yuhang4		—		415		163		578
DONG Xin5		—		1,469		195		1,664
		—		5,284		803		6,087
Independent non-executive directors (Expressed in Hong Kong dollar)
CHENG Mo Chi, Moses		460		—		—		460
CHOW Man Yiu, Paul		455		—		—		455
YIU Kin Wah, Stephen*		470		—		—		470
YANG Qiang**		—		—		—		—
		1,385		—		—		1,385

Directors’ remuneration during 2018 is as follows:

					Contributions
					relating to
			Salaries,		social insurance,
	Directors’		allowances		housing fund and		2018
	fees		and bonuses		retirement scheme		Total
	’000		’000		’000		’000
Executive directors (Expressed in RMB)
YANG Jie1		—		—		—		—
SHANG Bing2		—		867		134		1,001
LI Yue3		—		1,000		163		1,163
SHA Yuejia6		—		745		104		849
DONG Xin5		—		890		157		1,047
		—		3,502		558		4,060
Independent non-executive directors (Expressed in Hong Kong dollar)
WONG Kwong Shing, Frank***		177		—		—		177
CHENG Mo Chi, Moses		460		—		—		460
CHOW Man Yiu, Paul		455		—		—		455
YIU Kin Wah, Stephen*		417		—		—		417
YANG Qiang**		—		—		—		—
		1,509		—		—		1,509

Directors’ remuneration during 2017 is as follows:

					Contributions
					relating to
			Salaries,		social insurance,
	Directors’		allowances		housing fund and		2017
	fees		and bonuses		retirement scheme		Total
	’000		’000		’000		’000
Executive directors (Expressed in RMB)
SHANG Bing2		—		781		123		904
LI Yue (Chief Executive Officer) 3		—		781		151		932
LIU Aili7		—		592		110		702
SHA Yuejia6		—		702		148		850
DONG Xin5		—		695		145		840
		—		3,551		677		4,228
Independent non-executive directors (Expressed in Hong Kong dollar)
WONG Kwong Shing, Frank***		470		—		—		470
CHENG Mo Chi, Moses		460		—		—		460
CHOW Man Yiu, Paul		455		—		—		455
YIU Kin Wah, Stephen*		255		—		—		255
		1,640		—		—		1,640

1  Mr. YANG Jie was appointed as an executive director and the chairman of the Company with effect from March 21, 2019.

2  Mr. SHANG Bing resigned from his position as an executive director and the chairman of the Company with effect from March 4, 2019.

3  Mr. LI Yue resigned from his position as an executive director and chief executive officer of the Company with effect from October 11, 2019.

4  Mr. WANG Yuhang was appointed as an executive director of the Company with effect from October 24, 2019.

5  Mr. DONG Xin was appointed as an executive director of the Company with effect from March 23, 2017.

6  Mr. SHA Yuejia resigned from his position as executive director of the Company with effect from May 17, 2018.

7  Mr. LIU Aili resigned from his position as executive director of the Company with effect from September 29, 2017.

* Mr. Stephen YIU Kin Wah was appointed as an independent non-executive director of the Company with effect from March 23, 2017.

** Dr. YANG Qiang was appointed as an independent non-executive director and a member of the audit committee of the Company with effect from May 17, 2018 and he voluntarily waived his director’s fees.

*** Mr. Frank WONG Kwong Shing resigned from the role of independent non-executive director of the Company with effect from May 17, 2018.