Securities abbreviation: Sanbo Shuo
Securities code: 001300
Qingdao Sanbo Health Technology Co., Ltd.
2026 Employee Stock Ownership Plan Management Measures
August 2026
Chapter 1 General Provisions
Article 1 To regulate the implementation of the 2026 Employee Stock Ownership Plan of Qingdao Sanbo Health Technology Co., Ltd. (hereinafter referred to as "Sanbo Shuo" or "the Company") (hereinafter referred to as the "Employee Stock Ownership Plan" or "the Stock Ownership Plan"), in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as "Securities Law"), the "Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plans by Listed Companies" (hereinafter referred to as the "Guiding Opinions"), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 - Standardized Operation of Main Board Listed Companies" (hereinafter referred to as the "Self-Regulatory Supervision Guide"), and other relevant laws, administrative regulations, rules, normative documents, and the "Articles of Association of Qingdao Sanbo Health Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), and the "2026 Employee Stock Ownership Plan (Draft) of Qingdao Sanbo Health Technology Co., Ltd." (hereinafter referred to as the "Plan (Draft)"), these Management Measures are hereby formulated.
Chapter 2 Designation of the Stock Ownership Plan
Article 2 Basic Principles of the Stock Ownership Plan
(I) Principle of Lawful Compliance
The Company shall implement this Employee Stock Ownership Plan in strict accordance with the procedures stipulated by laws and administrative regulations, and shall disclose information truthfully, accurately, completely, and timely. No person shall use the Employee Stock Ownership Plan to engage in insider trading, market manipulation, or other securities fraud activities.
(II) Principle of Voluntary Participation
The Company shall implement this Employee Stock Ownership Plan based on the Company's independent decision-making, and employees shall participate voluntarily. The Company shall not force employees to participate in this Employee Stock Ownership Plan through allocation, mandatory distribution, or other means.
(III) Principle of Risk Bearing by Participants
Participants in this Employee Stock Ownership Plan shall be responsible for their own profits and losses, bear their own risks, and have the same rights as other investors.
Article 3 Procedures for the Implementation of the Stock Ownership Plan
(I) The Remuneration and Assessment Committee of the Company's Board of Directors shall be responsible for drafting the stock ownership plan proposal, and after fully soliciting employee opinions through the Employees' Congress, it shall be submitted to the Board of Directors for deliberation.
(II) The Board of Directors of the Company shall deliberate and approve the stock ownership plan proposal, and directors related to this plan shall abstain from voting.
(III) The Remuneration and Assessment Committee of the Board of Directors shall express its opinions on matters related to this stock ownership plan.
(IV) Within 2 trading days after the Board of Directors deliberates and approves the stock ownership plan proposal, the Company shall promptly announce the resolution of the Board of Directors, the full text and summary of the stock ownership plan proposal, and the opinions of the Remuneration and Assessment Committee.
(V) The Company shall engage a law firm to issue a legal opinion on the implementation plan of the stock ownership plan, and the legal opinion shall be announced before the shareholders' meeting to deliberate the stock ownership plan is convened.
(VI) A shareholders' meeting shall be convened to deliberate this stock ownership plan. The shareholders' meeting shall adopt a voting method that combines on-site voting and online voting. Voting by minority shareholders shall be counted separately and disclosed publicly. Directors and shareholders involved in the stock ownership plan shall abstain from voting. If approved by more than half of the votes of the attending shareholders (in which case, related shareholders shall abstain from voting), the stock ownership plan may be implemented.