Transportation sector board secretary compensation analysis reveals significant changes in executive pay structures across the industry.

Board secretaries serve as crucial "bridges" connecting investors with listed companies, playing vital roles in corporate capital operations. According to A-share board secretary compensation data for 2024, total compensation for board secretaries at A-share listed companies reached 4.086 billion yuan, with an average annual salary of 754,300 yuan.

From an industry perspective, the transportation sector (Shenwan Level 1) encompassing both A-share and NEEQ listed companies included 299 companies in the statistical analysis. The sector's total board secretary compensation amounted to 93.75 million yuan, with an average annual salary of approximately 837,000 yuan and a median of around 720,000 yuan.

Within the industry, the top 10 companies by board secretary compensation are: C&D Inc., Cosco Shipping Holdings Co.,Ltd., Shanghai International Port (Group) Co., Ltd., Bohai Ferry Co., Ltd., SF Holding Co., Ltd., COSCO SHIPPING Energy Transportation Co., Ltd., China Merchants Port Holdings Company Limited, COSCO SHIPPING Development Co., Ltd., Antong Holdings Co., Ltd., and China Merchants Energy Shipping Co., Ltd.

Notably, Cosco Shipping Holdings Co.,Ltd.'s board secretary Xiao Junguang experienced a substantial salary reduction of 2.966 million yuan in 2024, representing a decrease of approximately 50%. Despite this significant cut, Xiao Junguang's annual compensation of 2.975 million yuan still secured the second-highest position within the industry rankings.

The dramatic salary adjustment at Cosco Shipping Holdings Co.,Ltd. reflects broader changes in executive compensation practices within the transportation sector, while the company maintains its position among the highest-paying employers for board secretary positions in the industry.