China Sun Group Hi-Tech Co. (CSGH)

[2morrowsGains]

Nice to see a company NOT greasing each other up every time you turn around...

From the 10k...

Compensation Discussion and Analysis

Overview of Compensation Program and Philosophy

The Board of Director’s goal in determining compensation levels is to adequately reward the efforts and achievements of executive officers for the management of the Company. The Company has no pension plan, stock option plan, non-equity incentive plan or deferred compensation arrangement. The Company has not used a compensation consultant in any capacity but believes that it executive officer compensation package is comparable to similar businesses in its location of its operations.

DLXY entered into Labor Contracts with each of Ms. Ming Fen Liu and Mr. Yu-long Wang on January 15, 2004. Pursuant to such agreements, Ms. Liu was hired as Chief Financial Officer and Mr. Wang was hired as Vice President. The terms of their employment were 5 years and were renewed for another 5 years on January 15, 2009. Their monthly compensation is RMB 15,000 (approx US$2200) each. Mr. Bin Wang has no formal employment agreement with DLXY. On January 15, 2009, DLXY entered into another 5-year labor contracts with Ms. Ming Fen Liu and Mr. Yu-long Wang from January 15, 2009. The terms of the new contracts are the same as the original contracts.

From February 2004, inception, through May 31, 2009, we did not issue any stock options.

Compensation of Directors

Persons who are directors and employees are not currently additionally compensated for their services as a director. Non-executive director compensation is currently set at $1,500 a year. Mr. Bin Wang has received no compensation for his service as a director. Directors do not receive other compensation for attending meetings.
http://sec.gov/Archives/edgar/data/1298195/000101376209001595/form10k2.htm

Also, check out Mr Bin Wang's (CEO) salery & compensation on page 25!! Truly a CEO not taking advantage of the shareholders IMO!!