Management Measures for Compensation of Directors and Senior and Middle-Level Management Personnel
Chapter 1 General Provisions
Article 1 To further improve the compensation management system for directors and senior and middle-level management personnel of Beijing Lier High Temperature Materials 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 and middle-level management personnel, improve the Company's operational and management efficiency, and promote the Company's healthy, sustained, and stable development, these Measures are formulated in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Corporate Governance Guidelines for Listed Companies," and other laws, administrative regulations, normative documents, and the "Articles of Association of Beijing Lier High Temperature Materials Co., Ltd." (hereinafter referred to as the "Articles of Association"), taking into account the Company's actual situation.
Article 2 The scope of personnel applicable to these Measures (hereinafter referred to as "Applicable Personnel") includes: (1) Directors of the Company; (2) Senior management personnel; (3) Middle management personnel (including general managers of subsidiaries and other management personnel confirmed by the Company's management).
Article 3 The compensation of Applicable Personnel shall be determined based on the Company's scale and operating performance, and comprehensively assessed based on the operating performance of the Company and its subsidiaries, the completion of their respective responsibilities, and performance appraisal indicators.