Mingke Precision Technology Co., Ltd. Compensation Management System for Directors and Senior Management
Chapter 1: General Provisions
Article 1: To further improve the compensation management of directors and senior management of Mingke Precision Technology Co., Ltd. (hereinafter referred to as the "Company"), establish a scientific and effective incentive and restraint mechanism, effectively mobilize the enthusiasm of directors and senior management, and improve the Company's operational and management efficiency, this Compensation Management System is formulated in accordance with the "Company Law of the People's Republic of China," the "Guidelines for Corporate Governance of Listed Companies," and other relevant laws and regulations, as well as the "Articles of Association of Mingke Precision Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), and in combination with the Company's actual situation.
Article 2: This system applies to the Company's directors (including independent directors and employee directors) and senior management personnel as stipulated in the "Articles of Association."
Article 3: The compensation of the Company's directors and senior management should be commensurate with market development, aligned with the Company's operating performance and individual performance, and coordinated with the Company's sustainable development. The Company will reasonably determine the compensation distribution ratio among directors, senior management, and ordinary employees based on factors such as industry level, development strategy, and position value.