Stock Abbreviation: Changchun High & New Tech
Stock Code: 000661
Changchun High & New Technology Industry (Group) Inc.
2026 Restricted Stock Incentive Plan (Draft) Summary
July 2026
Statement
The Company and all members of the Board of Directors guarantee that the contents of this incentive plan and its summary are true, accurate, and complete, with no false records, misleading statements, or material omissions.
All incentive recipients commit that if the Company's information disclosure documents contain false records, misleading statements, or material omissions, resulting in non-compliance with the conditions for granting or exercising equity, the incentive recipients shall return all benefits obtained from this incentive plan to the Company after such false records, misleading statements, or material omissions are confirmed.
Special Notice
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The "Changchun High & New Technology Industry (Group) Inc. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan") is formulated by Changchun High & New Technology Industry (Group) Inc. (hereinafter referred to as "Changchun High & New Tech", "the Company") in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for Equity Incentives of Listed Companies, the Trial Measures for Implementing Equity Incentives by State-controlled Listed Companies (Domestic) (Guo Zi Fa Fen Pei [2006] No. 175), the Notice on Regulating Issues Concerning the Implementation of Equity Incentive Systems by State-controlled Listed Companies (Guo Zi Fa Fen Pei [2008] No. 171), the Notice on Further Improving Equity Incentive Work for State-controlled Listed Companies (Guo Zi Fa Kao Fen Gui [2019] No. 102), the Guidelines for Implementing Equity Incentives by State-controlled Listed Companies (Guo Zi Kao Fen [2020] No. 178), and other relevant laws, administrative regulations, normative documents, and the Articles of Association.
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The incentive tool adopted in this Incentive Plan is restricted stock. The source of the shares is A-share common stock of the Company repurchased from the secondary market.
The Incentive Plan proposes to grant 5.315 million restricted shares to the incentive recipients, representing approximately 1.30% of the Company's total share capital of 407.937529 million shares on the announcement date of the Incentive Plan. Of this, 4.975 million shares are to be granted initially, representing approximately 93.60% of the total restricted shares to be granted and approximately 1.22% of the Company's total share capital at the time of the announcement of the draft. The reserved portion is 0.34 million shares, representing approximately 6.40% of the total restricted shares to be granted and approximately 0.08% of the Company's total share capital at the time of the announcement of the draft.
The total number of underlying shares involved in all of the Company's equity incentive plans within the validity period does not exceed 10% of the Company's total share capital. The total number of Company shares granted to any single incentive recipient through all equity incentive plans within the validity period does not exceed 1% of the Company's total share capital. The proportion of reserved equity does not exceed 20% of the total restricted shares to be granted under this Incentive Plan.
If the Company undergoes capital reserve conversion, stock dividend distribution, share subdivision or consolidation, or rights issues between the announcement date of this Incentive Plan and the completion of the registration of restricted shares, the number of restricted shares granted will be adjusted accordingly in accordance with this Incentive Plan.