Kandi Technologies Group reports 2017 executive compensation

CEO Hu Xiaoming receives $1.8M

Kandi Technologies Group reported fiscal year 2017 executive compensation information on November 16, 2018.

In 2017, three executives at Kandi Technologies Group received on average a compensation package of $669,582, a 57% decrease compared to previous year.

Hu Xiaoming, Chief Executive Officer, received $1,778,200 in total, which decreased by 42% compared to 2016. 74.58% of Xiaoming's compensation, or $1,326,217, was in option awards. Xiaoming also received $26,983 in salary and $425,000 in stock awards.

Mei Bing, Chief Financial Officer, received a compensation package of $215,000, which increased by 617% compared to previous year. 83.72% of the compensation package, or $180,000, was in salary.

Wang Cheng, Chief Financial Officer, earned $15,547 in 2017, a 99% decrease compared to previous year.