Zhejiang Jiuli High-Tech Co., Ltd. Management System for Remuneration of Directors and Senior Management (Formulated in April 2026)
Chapter 1 General Provisions
Article 1 To regulate the remuneration management of directors and senior management of Zhejiang Jiuli High-Tech Co., Ltd. (hereinafter referred to as the "Company"), establish a scientific and effective incentive and restraint mechanism, fully mobilize the enthusiasm of directors and senior management, and promote the sustained and healthy development of the Company, this system is formulated in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," and other relevant laws, regulations, normative documents, and the "Articles of Association," combined with the actual situation of the Company.
Article 2 This system applies to all directors and senior management of the Company. Senior management refers to the general manager, deputy general managers, financial controller, board secretary, chief engineer, etc., of the Company.
Article 3 The remuneration management of directors and senior management of the Company follows the following principles: (1) Principle of fairness: Reflecting that the income level is in line with the Company's scale, industry, and performance, while also considering the market remuneration level; (2) Principle of unity of responsibility, rights, and interests: Reflecting that remuneration is consistent with the value of the position and the fulfillment of responsibilities and obligations; (3) Principle of long-term development: Reflecting that remuneration is consistent with the goal of the Company's sustained and healthy development; (4) Principle of equal emphasis on incentives and constraints: Reflecting that remuneration payment is linked to performance appraisal, rewards and punishments, and the Company's incentive mechanism.