Yang Yuanqing'S Salary Rose &Nbsp; Last Year'S Salary Was 11 Million 880 Thousand Dollars.

How much money does Yang Yuanqing make to acquire 8% of Lenovo?

In June 20th, Lenovo revealed that Yang Yuanqing earned $11 million 880 thousand in 2010, much higher than $7 million 317 thousand in 2009.

Yang Yuanqing calendar year

Last year was probably the most paid year for Yang Yuanqing.

Previously,

In the 2005 fiscal year, Yang Yuanqing's salary was only HK $4 million 240 thousand. After Lenovo's acquisition of IBM PC, Yang Yuanqing's salary increased to HK $21 million 750 thousand. At that time, it was praised by the media as "working emperor".

In the 2008 fiscal year, Yang Yuanqing earned 7 million 229 thousand dollars.

In fiscal year 2009, about US $7 million 317 thousand.

On this basis, Yang Yuanqing's remuneration totaled about 240 million Hong Kong dollars.

In addition, Yang Yuanqing's total holdings in 2010 were HK $34 million 180 thousand in Hong Kong.

This means that in recent years, Yang Yuanqing's cash may be less than 300 million Hong Kong dollars, only 1/10 of the subscription fund of HK $3 billion 150 million.

Funding sources or emulate Sina management MBO

At present, many market participants believe that Yang Yuanqing's way of increasing holdings is similar to that of sina management MBO.

This year, a document submitted by Sina to the US SEC showed that in the Sina $180 million MBO process, management invested $50 million, three private equity funds invested 75 million dollars, and Merrill Lynch Securities loans for 58 million US dollars for one year.

Insiders estimate that personal investment plus private placement and short-term loans may be the source of Yang Yuanqing's holdings.

Relevant

Lenovo holdings for listing

In addition to Yang Yuanqing's holdings, Lenovo's major shareholder equity has also changed.

Prior to Yang Yuanqing's holdings, the shareholding held by Legend Holdings was pferred to the Beijing union Zhitong Management Consulting Co. Ltd. and the affiliated Zhiyuan management consulting center.

Before Yang Yuanqing's holdings, Lenovo held 42.82% stake in its employee stock ownership and was the largest shareholder.

In June 1st, some of the shares were pferred to the former two entities, which is considered to prepare for the listing of Legend Holdings.

Legend Holdings spokesman Gui Lin said that according to Lenovo holdings arrangements, it is expected to be launched from 2014 to 2016.

But Lenovo, one of the three shareholders of Lenovo holdings, is a social legal person, not an enterprise legal person.

According to relevant laws and regulations, this will become an obstacle to the listing of enterprises.

Lenovo holdings pointed out that after full communication with relevant departments, Lenovo will complete a pformation.

Shareholders have not changed, but the nature of social roles has changed.

According to the latest data released by the stock exchange, Lenovo's wholly owned subsidiary, Nanming company, also joined the ranks of Lenovo Group Holdings.

Data show that as of June 17th, Nanming holds 24.05% of the share capital.

Legend Holdings website data show that in 2010, Lenovo's main assets include Lenovo, China Digital, Lenovo, Lenovo, and Hongyi.