Luojie Pu
About Luojie Pu
Luojie Pu (age 37) has served as an independent director of Planet Green Holdings Corp. since August 2022. She is currently Vice General Manager of Jinan Hehui Co., Ltd., and holds a bachelor’s degree in finance from Shandong University (2013). The Board affirms her independence under NYSE American rules; she serves on multiple key committees, including as Chair of the Compensation Committee and member of the Audit and Nominating & Corporate Governance Committees .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Jinan Hengxin Weiye Telecommunication Equipment Co., Ltd. | Associate Marketing Director | Oct 2013 – Mar 2018 | — |
| — | — | — | — |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Jinan Hehui Co., Ltd. (financial software services) | Vice General Manager | Apr 2018 – Present | — |
Board Governance
- Independence and committee eligibility: The Board determined no director has a material relationship with the Company; all Audit and Compensation Committee members (including Ms. Pu) are independent under SEC and NYSE American rules .
- Committees and roles (FY2024 meetings shown):
- Audit Committee: Member; 4 meetings; Audit Chair/Financial Expert is King Fai Leung .
- Compensation Committee: Chair; 1 meeting; all members independent; no Item 404 related-party relationships for any member; no interlocks with management of other companies .
- Nominating & Corporate Governance Committee: Member; 1 meeting; chaired by Yang Cao .
- Board activity: The Board met 12 times in FY2024; each current director attended at least 75% of Board and applicable committee meetings .
- Shareholder support: Re-elected on Oct 18, 2024 with 5,314,387 votes “FOR” and 4,629 “WITHHELD” .
Fixed Compensation
| Metric | 2023 | 2024 |
|---|---|---|
| Cash (Salary/Retainer) | $8,000 | $24,000 |
| Stock Awards | $0 | $0 |
| Option Awards | $0 | $0 |
| Total | $8,000 | $24,000 |
- Appointment and compensation terms: Appointed as Director in Aug 2022 with a compensation of $24,000 per year pursuant to her employment agreement .
Performance Compensation
| Item | 2023 | 2024 |
|---|---|---|
| Equity (RSUs/PSUs) Granted | $0 | $0 |
| Options Granted | $0 | $0 |
| Performance Metrics in Director Pay | Not disclosed in proxy |
Other Directorships & Interlocks
- No other public company directorships are disclosed in Ms. Pu’s biography .
- Compensation Committee interlocks: None; no current or past member (including Ms. Pu) has relationships requiring Item 404 disclosure, and no executive officer of PLAG serves on a board/compensation committee where an executive serves on PLAG’s Board/Compensation Committee .
Expertise & Qualifications
- Finance and management experience from roles in financial software services and telecom equipment marketing; bachelor’s degree in finance (Shandong University, 2013). The Board cites her “extensive finance and management experience” as qualification for service .
- As Compensation Committee Chair, responsibilities include evaluating executive performance, succession planning support, and administering stock/incentive plans and recommending changes to the Board .
Equity Ownership
| As of Record Date (July 31, 2025) | Shares Beneficially Owned | % of Class |
|---|---|---|
| Luojie Pu | — | — |
- Record date for 2025 annual meeting: July 31, 2025 .
- The beneficial ownership table shows no reported beneficial ownership for Ms. Pu as of the record date .
Governance Assessment
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Strengths
- Independent director with multi-committee responsibilities, including chairing Compensation; serves on Audit and Nominating & Corporate Governance, indicating Board reliance on her across oversight domains .
- Documented engagement: signed Audit Committee report and participated in audit oversight; Audit Committee met four times in FY2024; Board met 12 times with ≥75% attendance by all current directors .
- Compensation Committee independence and lack of related-party ties under Item 404 reduce conflict risk; no interlocks .
- Shareholder support: strong re-election margin in 2024 (5,314,387 FOR; 4,629 WITHHELD) .
-
Potential concerns / RED FLAGS to monitor
- Ownership alignment: No reported beneficial ownership as of July 31, 2025; absence of equity-based director compensation in 2023–2024 may limit alignment with long-term TSR .
- Compensation structure: Director pay appears predominantly fixed cash ($24,000 in 2024; $8,000 in 2023) with no disclosed performance equity or options; while modest, the lack of at-risk equity may weaken pay-for-performance signals at the board level .
-
Additional notes
- Related party oversight: Company policy requires Audit Committee review/ratification of related-party transactions; directors with a conflict recuse from review, supporting independence in practice .
- Incentive plan stewardship: The Compensation Committee administers equity/incentive plans; a 2025 Equity Incentive Plan was up for shareholder approval at the 2025 annual meeting, reinforcing the committee’s role under Ms. Pu’s chairmanship .