Shenzhen Hemei Group Co., Ltd.
Management System for Director and Senior Management Compensation
(Revised April 2026)
Chapter 1 General Provisions
Article 1 To further improve the corporate governance structure of Shenzhen Hemei Group Co., Ltd. (hereinafter referred to as the "Company"), strengthen and regulate the management of compensation for directors and senior management, ensure that directors and senior management legally perform their duties, and improve the company's compensation management system, in accordance with the "Company Law," "Guidelines for Corporate Governance of Listed Companies," and the "Articles of Association of Shenzhen Hemei Group Co., Ltd." (hereinafter referred to as the "Articles of Association") and other relevant laws and regulations, and in conjunction with the Company's actual situation, this system is formulated.
Chapter 2 Scope of Application
Article 2 This system applies to directors and senior management, specifically including the following personnel: (1) Company directors, including independent directors and non-independent directors (including employee representative directors); (2) Senior management personnel: Refers to senior management personnel as stipulated in the "Articles of Association," specifically including the General Manager, Deputy General Managers, Chief Financial Officer, and Secretary of the Board of Directors.
Chapter 3 Principles
Article 3 The compensation management for the Company's directors and senior management adheres to the following principles: (1) The principle of openness, fairness, and transparency; (2) The principle of combining with the company's long-term interests; (3) The principle of combining responsibilities, rights, and benefits; (4) The principle of combining with the company's actual operating conditions and operating goals; (5) The principle of balancing incentives and constraints.