Securities Code: 002394 Securities Abbreviation: Lintai Textile Announcement Number: LF2026-017
Jiangsu Lintai Textile Co., Ltd. 2026 Board of Directors Compensation Plan
The Company and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
To further improve the incentive and restraint mechanisms of Jiangsu Lintai Textile Co., Ltd. (hereinafter referred to as the "Company" or "Shareholding Company"), enhance the company's corporate governance level, and promote the company's long-term sustainable development, in accordance with the "Company Law of the People's Republic of China," the "Corporate Governance Guidelines for Listed Companies," and the Company's "Compensation System for Directors and Senior Management Personnel," and combined with the Company's actual situation, the "2026 Board of Directors Compensation Plan" is formulated.
I. Target Audience Company Directors.
II. Validity Period January 1, 2026 - December 31, 2026
III. Compensation Standards for Directors
(I) Independent Directors: Independent directors will receive an allowance of 119,000 yuan per year (pre-tax). Reasonable expenses incurred for attending company-related meetings or performing related duties will be borne by the Company.
(II) Non-Independent Directors (including Employee Directors): Directors holding management positions in the Company and its控股 subsidiaries will be compensated and paid according to the corresponding compensation system of their respective companies based on their specific positions, and will not receive separate director allowances. Their annual compensation plan will consist of base salary, performance compensation, and other incentive income. The proportion of performance compensation shall generally not be less than 50% of the total of base salary and performance compensation.
- Base salary refers to the fixed salary for the position, which is determined based on a comprehensive assessment of the position's value, operating scale, management difficulty, and industry standards.
- Performance compensation includes monthly performance wages and annual performance wages. Monthly performance wages primarily evaluate the management level during the process; annual performance wages primarily evaluate the annual operating performance.
- Other incentive income refers to rewards and allowances according to the company's system.