Liu Hongyu, Vice President and Chief Financial Officer of Ruijie Networks Co., Ltd., has drawn attention for his unconventional career trajectory. Born in October 1971, Liu holds an MBA from Peking University's Guanghua School of Management and holds an engineering professional title.
Liu began his career in traditional manufacturing, serving as workshop director at Beijing Sanhuan Woolen Knitting Group's Third Wool Top Factory from 1993 to 1995, followed by a role as equipment specialist at Beijing Emu Wool Textile Co., Ltd.
His career pivot came in 2001 when he joined Star-net Ruijie Communications Co., Ltd. as network marketing manager, entering the communications technology sector. Since 2003, he has served as Ruijie Networks' VP and CFO, overseeing market strategy, service operations, and supply chain management systems.
Notably, while Liu's background appears technical rather than financial, he currently holds dual responsibilities including financial leadership. According to Ruijie Networks' 2024 financial report, Liu received compensation of 4.1349 million yuan, ranking third among executives - a 31.5% increase from his 2023 salary of 3.144 million yuan.
Interestingly, fellow VP Zhu Yiping saw his compensation jump 77.1% to 5.2061 million yuan in 2024, creating a 1.07 million yuan gap with Liu's remuneration.
Ruijie Networks reported strong 2025 performance through Q3, with total revenue reaching 10.68 billion yuan (up 27.5% YoY), net profit attributable to shareholders of 680.4 million yuan (up 65.26% YoY), and adjusted net profit of 655.2 million yuan (up 76.41% YoY).
The company's growth has been attributed to new opportunities in data center switch markets, particularly strong demand from internet AI data centers. This performance context helps explain the executive compensation levels.
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