Suzhou Dongshan Precision Manufacturing Co., Ltd. Regulations on the Remuneration Management of Directors and Senior Management (Formulated in April 2026)
Chapter 1 General Provisions
Article 1 To further improve the remuneration management of directors and senior management of Suzhou Dongshan Precision Manufacturing Co., Ltd. (hereinafter referred to as the "Company"), establish a scientific and effective incentive and restraint mechanism, effectively mobilize the enthusiasm of directors and senior management, and improve the company's operational and management efficiency, these regulations are formulated in accordance with the "Company Law of the People's Republic of China," the "Stock Listing Rules of the Shenzhen Stock Exchange," the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 1 - Normative Operation of Main Board Listed Companies," the "Guidelines for Corporate Governance," and other relevant laws and regulations, as well as the "Articles of Association of Suzhou Dongshan Precision Manufacturing Co., Ltd." (hereinafter referred to as the "Articles of Association") and other relevant regulations, combined with the actual situation of the Company.
Article 2 These regulations apply to the directors and senior management of the Company. Directors refer to all incumbent members of the Company's Board of Directors during the period of implementation of these regulations, including independent directors. Senior management refers to the general manager, executive president, deputy general managers, secretary of the board, financial controller, and other senior management personnel as stipulated in the "Articles of Association."
Article 3 The Company's remuneration system adheres to the following principles: (1) Adherence to the principle of linking remuneration levels to the company's operating performance; (2) Reflection of the principle of equal rights, responsibilities, and remuneration, with remuneration commensurate with the value of the position and the extent of responsibility undertaken; (3) Upholding fairness and justice, with fair standards, open procedures, and equitable distribution; (4) Adherence to the principle of combining short-term and long-term incentives to promote the sustainable development of the Company.