Focusing on growth

Saurer is committed to generating long-term value for our shareholders by focusing on the disciplined execution of our strategy. We aim to achieve continuous growth and stable margins throughout the cycle. We will continuously monitor and update corporate governance and disclosure policies. With the establishment of good corporate governance and the appropriate internal control mechanisms, the company effectively protects its shareholders' rights, their interests, and concentrates on increasing the company value.

Corporate governance

Saurer has an organisational structure that outlines the responsibilities and obligations of the general meeting of shareholders, the board of directors, the supervisory board and the management team in accordance with the requirements of relevant laws and regulations such as the Chinese Companies Acts and Securities Law. They form a system of checks and balances which enable the company to continuously improve the level of corporate governance.

Members

Members of the Board

Supervisory Board

Group Executive Management

Members of the Board Supervisory Board Group Executive Management

Xueping Pan

 Chairman of the Board of Directors

• Chinese citizen
• Bachelor's degree in Mechanical Engineering
• EMBA, China Europe International Business School
• Senior economist
• Chairman and CEO of Jinsheng Group
• Chairman the Strategy Committee and member of the Remuneration Committee and Nomination Committee
• Executive director of Saurer Intelligent Machinery Co., Ltd
• Prior positions include: Vice chairman of several organisations including: China Textile Machinery and Equipment Association, China Textile Engineering Society, China Textile Industry Enterprise Management Association (China Textile Entrepreneurs Federation), Changzhou Industry and Trade Association
• Before setting up Jinsheng, he was factory director of Steel Manufacturing Co., Ltd and Pacific Group's Shanghai Textile Machinery Plant, director of Jintan Textile Machinery and Jintan Huajin Machinery
• Extensive corporate governance and strategy development experience

Uwe Rondé

Vice Chairman

• German citizen
• Master and PhD in Engineering, Technical University of Darmstadt (Technische Universität Darmstadt), Germany
• Vice Chairman of Board of Directors
• Most recently, he served as managing director of EMAG Group in Germany. Before this, he was CEO of EMAG (China) Machinery Co., Ltd. Prior to this, he served as CEO of Intercontec Pfeiffer GmbH.

Yuan Ding 

Director

• French citizen
• PhD of Philosophy Management, Université Montesquieu - Bordeaux IV, France
• Member of the Board of Directors, Member of the Strategic Committee, Member of the Remuneration and Nomination Committee of Saurer
• Currently professor of France Kaihui accounting; vice president and provost of China Europe International Business School; independent Non-executive Director of Min Wah Holdings Limited (SEHK: 01999); chairman of the remuneration committee, member of the nominating committee and audit committee of  Bluestar Adisseo Co., Ltd. (Shanghai Stock Exchange: 600299); independent non-executive director and chairman of the audit committee of Shanghai Lujie Kunchi Group Co., Ltd. 
• Previously, he was a tenured professor of accounting and management control at HEC Paris School; independent director and chairman of the audit committee of Anhui Gujing Distillery Company Ltd. (Shenzhen Stock Exchange: 000596); independent director and chairman of audit committee of TCL Corporation (Shenzhen Stock Exchange: 000100) and director and chairman of the audit committee of MagIndustries Corp. (Toronto Stock Exchange: MAA) 
• Over 20 years of experience in teaching and research in financial accounting, financial statement analysis, corporate governance and mergers and acquisitions

Jieping Chen

Independent Director

• Resident of Hong Kong, China
• Master’s in Hospitality Management and Business Administration, PhD of Business Administration, University of Houston, USA 
• Independent Director, Chairman of the Audit Committee, Member of the Strategic Committee, Member of the Remuneration and Nomination Committee of Saurer
• Currently, he is independent non-executive director of Huafa Property Services Group Co., Ltd.
• Retired professor emeritus of Accounting at China International Business School, served as deputy provost and senior business administration of China Europe International Business School from 2009 to 2016 Director of the Executive Master of Management (EMBA) program. Before joining CEIBS, he had 13 years of teaching experience at the City University of Hong Kong and served as a tenured professor and head of the accounting department of the school. 

Shutian Wang

Independent Director

• Chinese citizen
• Bachelor's degree in Industrial Economic Management, Renmin University of China
• Independent Director, Chairman of the Remuneration and Nomination Committee, and Member of the Strategic Committee of Saurer
• Previously he served as a director, secretary-general, chairman and secretary-general of the China Textile Machinery Industry Corporation, the Technical Equipment Department of the Ministry of Textile Industry, the Technical Equipment Department of the China National Textile and the China Textile Machinery Industry Association and served as honorary president of China Textile Machinery Association.
• Extensive knowledge of the textile industry due to working in the sector for many years

Manlin Xie

Independent Director

• Chinese citizen
• Bachelor’s degree in Law from Southwest University of Political Science, China, and Master’s degree in Law, Nanjing University, China
• Independent Director, Member of the Strategic Committee, Member of the Audit Committee, Member of the Remuneration and Nomination Committee of Saurer 
• Currently holds the position of director of Jiangsu Xie Manlin Law Company, the director of Xinyuan Fund Management Co., Ltd., independent director of Nanjing Putian Communication Co., Ltd., and also served as the legal consultant of Jiangsu Provincial People's Government, and legal adviser to Nanjing Municipal People's Government, chairman of the supervisory committee of Nanjing Lawyers Association
• Previously, he worked as a lawyer for Nanjing Second Law Firm, a lawyer for Nanjing Jinling Law Firm, and as an independent director of Nanjing Bank Co., Ltd. 

Yueping Zhang

Chairman of the Supervisory Board

• Chinese citizen
• Bachelor's degree in Mechanical Design and Automation
• EMBA, China Europe International Business School
• Senior engineer
• Co-CEO and president of Jinsheng Group
• Served as vice president and deputy general manager of Jinsheng Group
• Prior positions include: Executive vice president of Saurer (Jintan) Co., Ltd; technical director and deputy managing director of Jintan Textile Machinery Plant
• Previously worked in the development departement at Changchai Group's Jintan diesel engine factory, engaged in process and special process equipment design, plant technical transformation and technical management work

Yu Fang

Supervisor

• Chinese citizen
• Bachelor's degree in Law, Fudan University, China
• Chinese Certified Public Accountant
• Currently holds the position of Chief Tax Officer of Saurer Group
• Previously, he served as vice president of taxation of Jiangsu Jinsheng Industrial Co. Once worked as a consultant, manager, senior manager of the tax consulting department, international tax business group of PwC Consulting Shenzhen Co., Ltd. Shanghai Branch, senior manager of PwC Germany and was a member of the European China business group. During his tenure, he participated in several Chinese companies’ mergers and acquisitions in Europe, coordinated the feasibility research and tax investment structure of Chinese companies’ greenfield investment projects in Europe, and participated in the development planning of the China business group of PwC's European offices.

Guoqing Pei

Supervisor

• Chinese citizen
• Bachelor's degree in Computer Science and Technology
• Master's degree in Business Administration, China Europe International Business School
• Senior engineer
• General manager of Saurer (Changzhou) Textile Machinery Co., Ltd
• Previously worked for Jiangsu Jintan Textile Machinery Plant and Jinsheng Group

Uwe Rondé

CEO

• German citizen
• Born 1964
• Master and PhD in Engineering, Technical University of Darmstadt (Technische Universität Darmstadt), Germany
• Most recently, he served as managing director of EMAG Group in Germany. Before this, he was CEO of EMAG (China) Machinery Co., Ltd. Prior to this, he served as CEO of Intercontec Pfeiffer GmbH.

Jenny Lu

CFO 

• Chinese citizen
• Born 1973
• Bachelor's degree in Economics, Fudan University, China 
• EMBA, China Europe International Business School
• Member of Chinese CPA Association
• Previous positions include: Vice president, CFO of Overseas Business at Jingsheng Group, director, senior manager and auditor in the M&A consultant department of PricewaterhouseCoopers (PwC) in China and the US
• 20 years' experience in investment, M&A and financial management

Adam Xin

CIAO

• Chinese citizen
• Born 1980
• Bachelor’s degree in Computer Science and Technology from Shanghai Jiaotong University
• Chief Internal Audit Officer of Saurer
• Previous positions include: Audit Director for Jinsheng Group, senior manager in the risk management and internal control services of PricewaterhouseCoopers (PwC) in China
• Extensive experience in internal control management, internal audit, information system audit and risk management

Yu Fang

Chief Tax Officer

• Chinese citizen
• Born 1982
• Bachelor's degree in Law, Fudan University, China
• Chinese Certified Public Accountant
• Currently holds the position of Chief Tax Officer of Saurer Group
• Previously, he served as vice president of taxation of Jiangsu Jinsheng Industrial Co. Once worked as a consultant, manager, senior manager of the tax consulting department, international tax business group of PwC Consulting Shenzhen Co., Ltd. Shanghai Branch, senior manager of PwC Germany and was a member of the European China business group. During his tenure, he participated in several Chinese companies’ mergers and acquisitions in Europe, coordinated the feasibility research and tax investment structure of Chinese companies’ greenfield investment projects in Europe, and participated in the development planning of the China business group of PwC's European offices.

Daniel Zeng

Secretary to the Board of Directors

• German citizen
• Born 1962
• Bachelor's degree from the Institute of Computer Science and Technology, University of Beijing, China
• Master's degree in Economics, University of Hannover, Germany
• Secretary of the Board of directors of the Saurer Intelligent Technology Co., Ltd
• Previously held the position of CFO of ZF (China) Investment Co., Ltd
• Extensive experience in international financial management

Key figures

Saurer Intelligent Technology Co. Ltd

in EUR  000	2018	2019	2020	2021	Change YoY
Revenue	1 180 438	1 111 166	613 486	717 968	17.0%
Profit before tax	146 702	118 033	-96 549	-64 972	48.6%
Net profit	109 719	102 387	-84 953	-71 936	18.1%
Attributable to equity holders of the company	103 734	78 904	-71 027	-61 044	16.4%
Total assets	1 837 028	1 691 212	1 625 111	1 372 782	-15.5%
EUR vs RMB exchange rate (average for respective year)	7.8113	7.7174	7.9049	7.6190
Number of employees (FTE excl. temporaries) at Dec 31	4 695	4 797	4 453	4 420	-0.7%

 

 

 

 

 

Tabloyu göster

Financial information

Here you can browse through our financial reports for a detailed impression of Saurer's past performance.

Saurer Annual Report 2021 EN

3.32 MB

卓郎2021年年度报告 SSE

3.60 MB

Saurer Annual Report 2020 EN

3.26 MB

卓郎2020年半年度报告 SSE

1.94 MB

Saurer Annual Report 2019 EN

3.86 MB

卓郎2019年年度报告 SSE

3.30 MB

卓郎2019年半年度报告 SSE

2.02 MB

Saurer Annual Report 2018 EN

6.59 MB

卓郎2018年年度报告 SSE

3.62 MB

卓郎2018年半年度报告 SSE

2.64 MB

Saurer Annual Report 2017 EN

1.56 MB

卓郎2017年年度报告 SSE

3.66 MB

Share information

• Number of shares issued: 1 787 912 222
• Security code: 600545  
• Stock exchange: Shanghai Stock Exchange 

 

Here you can view the Saurer share price on the websites of the Shanghai Stock Exchange, Bloomberg and Reuters.

 

Announcements and downloads

This is a selection of our ad hoc announcements with full texts in English. Please note that these have been translated and that the Chinese-language versions of the ad hoc announcements are the binding versions. Should you wish to access the entire list, kindly visit the relevant page on the website of the Shanghai Stock Exchange.

600545 2021-07 Signing of Significant Contract EN

79.01 KB

Financial news

Contact us

We are keen to tell you more about our investment story. If you have any financial questions about our company, don't hesitate to get in touch with us.

Corporate Communications
Saurer Group
Textilstrasse 9
Arbon 9320
Switzerland

ir@saurer.com