Tuopu Group's 46-Year-Old Business Unit President Pan Xiaoyong Tops Executive Compensation with 6.5 Million Yuan Annual Salary; Chairman Wu Jianshu Received No Salary in 2025

NightAirdropper · 2026-03-25T13:31:47+00:00

Tuopu Group released its 2025 annual report, reporting revenue of 29.581 billion yuan, an increase of 11.21% year-over-year, while net profit decreased by 7.38% to 2.779 billion yuan. The chairman did not draw a salary, and the president of the business division, Pan Xiaoyong, saw his annual salary rise to 6.5 million yuan. The company specializes in the research and development, production, and sales of automotive parts, serving clients including intelligent electric vehicle manufacturers and traditional automobile manufacturers.

NightAirdropper

2026-03-25 13:31:47

Abstract generation in progress

Rui Finance Wu Wenting On March 23, Top Group released its 2025 annual report.

According to the announcement, the company achieved revenue of 29.581 billion yuan, an increase of 11.21% year-over-year; net profit attributable to shareholders was 2.779 billion yuan, a decrease of 7.38% year-over-year.

Regarding compensation, in 2025, Chairman and Director Wu Jianshu did not receive a salary from the company; Director and Business Unit President Pan Xiaoyong’s annual salary was 6.5 million yuan, up 500,000 yuan from 6 million yuan in 2024, ranking first among senior executives.

Data shows that Pan Xiaoyong, male, born in 1980, Chinese nationality, with no permanent residence abroad, holds a Ph.D. in engineering. He has served as Deputy General Manager of Ningbo Top Acoustic Vibration Technology Co., Ltd., Manager of the System Development Department at Ningbo Top Acoustic Vibration Technology Co., Ltd., and Director of Ningbo Top Brake System Co., Ltd. He is currently a director of the company, Business Unit President, and President of Ningbo Yuxiang Zhixing Technology Co., Ltd.

Top Group’s main business involves the research, development, production, and sales of automotive parts. Its main products include automotive NVH damping systems, interior and exterior trim systems, lightweight vehicle bodies, intelligent cockpit components, thermal management systems, chassis systems, air suspension systems, and intelligent driving systems, covering eight major business segments. Major clients include domestic and international smart electric vehicle companies and traditional OEMs.

Related companies: Top Group sh601689, Pujin

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