Stock Code: 002264 Stock Abbreviation: New Huadu
New Huadu Technology Co., Ltd.
"Navigator Plan (Phase VII)" Employee Stock Ownership Plan
(Draft)
July 2026
Statement
The Company and all members of the Board of Directors guarantee that the contents of this Employee Stock Ownership Plan are true, accurate, and complete, and contain no false records, misleading statements, or major omissions.
Risk Warning
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The Company's Employee Stock Ownership Plan can only be implemented after being passed by the Company's General Meeting of Shareholders. There is uncertainty as to whether this plan will be approved by the General Meeting of Shareholders.
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The specific funding sources, contribution ratios, and implementation plans for this Employee Stock Ownership Plan are preliminary results; there is uncertainty as to whether they can be fully implemented.
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If employee subscription funds are low, there is a risk that this Employee Stock Ownership Plan may not be established; if employee subscription funds are insufficient, there is a risk that the plan will be smaller than the expected scale.
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This Employee Stock Ownership Plan is managed by the Employee Stock Ownership Plan Management Committee, which represents the plan in exercising shareholder rights and is responsible for specific management matters. During the duration, the Management Committee may hire third-party professional institutions to provide management, consulting, and other services for the plan.
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The Company will disclose relevant progress in accordance with regulations. Investors are advised to make decisions cautiously and pay attention to investment risks.
Special Tips
The terminology in this section is consistent with the "Definitions" section.
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New Huadu Technology Co., Ltd. (hereinafter referred to as "New Huadu" or the "Company") "Navigator Plan (Phase VII)" Employee Stock Ownership Plan (hereinafter referred to as "this Employee Stock Ownership Plan", "Employee Stock Ownership Plan", or "this Plan") is formulated by the Company in accordance with the "Company Law of the People's Republic of China", "Securities Law of the People's Republic of China", "Guiding Opinions on the Implementation of Employee Stock Ownership Plans by Listed Companies", "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1 - Standardized Operation of Main Board Listed Companies", and other relevant laws, administrative regulations, rules, normative documents, and the "Articles of Association".
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This Employee Stock Ownership Plan follows the principles of independent decision-making by the Company and voluntary participation by employees, and there is no forced participation or mandatory allocation.
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The total number of participants in this Employee Stock Ownership Plan shall not exceed 49, consisting of core employees who play an important role and have an impact on the Company's overall performance and long-term development. Among them, the shares to be obtained by Director and General Manager Mr. Wu Haibo account for 4.90% of the total shares granted under this plan; the shares to be obtained by Financial Director Mr. Zhang Shibao account for 2.45%; and the shares to be obtained by Director and Board Secretary Ms. Huang Xuan account for 2.25%. The final allocation shares and proportions for each participant are subject to the final actual allocation and are determined based on the actual payment by employees.
The participants do not include shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, nor their spouses, parents, or children.
- The funding source for this Employee Stock Ownership Plan is the legal remuneration of employees, self-raised funds, and other methods permitted by laws and regulations. The Company shall not provide financial assistance to holders or provide guarantees for their loans. This Employee Stock Ownership Plan does not involve leverage, and there are no arrangements for third parties to provide rewards, funding, subsidies, or guarantees for employees participating in the plan.