Henan Huihuang Technology Co., Ltd. Compensation Management System for Directors and Senior Management (April 2026)
Chapter 1 General Provisions
Article 1 To strengthen the compensation management of directors and senior management of Henan Huihuang Technology Co., Ltd. (hereinafter referred to as the "Company"), ensure that the Company's directors and senior management legally perform their duties, establish a scientific and effective incentive and restraint mechanism, and improve the Company's compensation management system, this system is formulated in accordance with the "Company Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," and other relevant laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association of Henan Huihuang Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), combined with the Company's actual situation.
Article 2 This system applies to the Company's directors and senior management. Independent directors shall receive independent director allowances, and only the relevant provisions concerning independent directors in this system shall apply.
Article 3 The Company's compensation system follows the following principles: (I) Principle of unity of responsibility, rights, and interests: Compensation level matches the value of the position and the responsibilities and obligations; (II) Principle of linking compensation level to the Company's goals and benefits; (III) Principle of combining short-term compensation with long-term incentives; (IV) Principle of equal emphasis on incentives and restraints, and equivalence of rewards and punishments.