Ningbo Deye Technology Plans 1 Billion Yuan Dividend Distribution; 35-Year-Old Vice General Manager Ji Dehai Earns 5.14 Million Yuan Annual Salary

Deep News09-28

Ningbo Deye Technology Co.,Ltd. recently released its 2025 interim financial report. The report shows that the company achieved operating revenue of 55.35 billion yuan in the first half of the year, representing a year-on-year increase of 16.58%. Net profit attributable to shareholders of the listed company reached 15.22 billion yuan, up 23.18% year-on-year, maintaining strong overall performance growth.

Alongside profit growth, the company announced plans to distribute approximately 10 billion yuan in cash dividends (before tax), accounting for 65.70% of the first half's net profit attributable to shareholders.

Against this backdrop, attention has been drawn to Vice General Manager Ji Dehai, who holds the second-highest number of shares among company executives after Chairman Zhang Hejun. According to public information, Ji Dehai was born in 1990 and is currently 35 years old, making him the youngest senior executive at the company. His educational background has not been disclosed.

His professional history shows that as early as 2012, at the age of 22, Ji Dehai served as R&D manager at Ningbo Rixing Technology Co., Ltd. Since 2016, he has served as head of Ningbo Deye Technology's inverter technology development department, and was appointed as vice general manager in June 2021.

Notably, Ji Dehai plays a crucial role in technology development and business advancement. In the first half of 2025, the company's inverter products generated operating revenue of approximately 26.44 billion yuan, accounting for 47.93% of main business revenue, with a year-on-year growth of 13.90%. The patent technology underlying this core product originates from transfers from Ningbo Rixing Technology Co., Ltd., where Ji Dehai previously worked.

As a core member of related technology development, Ji Dehai not only drives business development but also maintains leading levels in shareholding and compensation. Currently, he holds 197,600 company shares, acquired through equity incentives, dividend distributions, and capital reserve conversions to share capital.

In terms of compensation, Ji Dehai received 5.14 million yuan in 2024, a slight decrease of 0.02 million yuan from the previous year, representing minimal change. His compensation peaked in 2022 at 6.92 million yuan, which should be related to salary adjustments following his promotion to vice general manager in 2021. Although compensation has moderated since 2023, it remains at relatively high levels.

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