002430SZSE

Announcement on the 2026 Compensation Plan for Directors and Senior Management

✨ AI Summary

This announcement details the 2026 compensation plan for directors and senior management of Hangyang Group Co., Ltd. Independent directors will receive a fixed annual allowance of RMB 180,000. Internal directors and senior management compensation will comprise basic salary, performance-based pay (at least 50% of total), and long-term incentives. The plan is effective upon shareholder approval for directors and board approval for senior management.

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Full Translation

AI Translation· gemini_document

Announcement on the 2026 Compensation Plan for Directors and Senior Management

The company and its entire board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Hangyang Group Co., Ltd. (hereinafter referred to as the "Company" or "this Company") held the 40th meeting of the 8th Board of Directors on April 27, 2026, and reviewed and approved the "Proposal on the 2026 Compensation Plan for Directors of the Company" and the "Proposal on the 2026 Compensation Plan for Senior Management of the Company." The "Proposal on the 2026 Compensation Plan for Directors of the Company" was abstained from voting by all directors and will be directly submitted to the Company's shareholders' meeting for review.

The specific compensation plan is hereby announced as follows:

I. Scope of Application

Directors of the 8th Board of Directors (including independent directors and employee representative directors) and senior management of the Company.

II. Applicable Period

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