002364SZSE

Announcement on the 2026 Remuneration Plan for Directors and Senior Management

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Hangzhou Zhongheng Electric Co., Ltd. announces its 2026 remuneration plan for directors and senior management. The plan aims to improve the company's incentive and restraint mechanisms, referencing industry standards and company conditions. It details remuneration for non-independent directors, independent directors, and senior management, including basic salary, performance-based pay, and long-term incentives.

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Securities Code: 002364 Securities Abbreviation: Zhongheng Electric Announcement No.: 2026-12

Hangzhou Zhongheng Electric Co., Ltd.

Announcement on the 2026 Remuneration Plan for Directors and Senior Management

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

To further improve the incentive and restraint mechanisms of Hangzhou Zhongheng Electric Co., Ltd. (hereinafter referred to as the "Company"), the Company has formulated the 2026 Remuneration Plan for Directors and Senior Management in accordance with relevant laws and regulations, industry and regional remuneration levels, and the Company's actual situation.

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