Tianjin Andon Health Co., Ltd. 2026 Employee Stock Ownership Plan (Draft)
July 2026
Statement
The Company and all members of the Board of Directors guarantee that the contents of the "Tianjin Andon Health Co., Ltd. 2026 Employee Stock Ownership Plan (Draft)" are true, accurate, and complete, and contain no false records, misleading statements, or major omissions.
Risk Warning
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The Tianjin Andon Health Co., Ltd. (hereinafter referred to as "Andon Health" or the "Company") 2026 Employee Stock Ownership Plan (hereinafter referred to as the "Employee Stock Ownership Plan") can only be implemented after being passed by the Company's general meeting of shareholders. There is uncertainty as to whether this plan will be approved by the shareholders.
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The specific implementation plan for this Employee Stock Ownership Plan is a preliminary result, and there is uncertainty as to whether it can be fully implemented.
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Employees follow the principles of legal compliance, voluntary participation, and risk self-assumption; there is a risk that this Employee Stock Ownership Plan may not be established.
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If employee subscription funds are low, there is a risk that this Employee Stock Ownership Plan will not be established; if subscription funds are insufficient, there is a risk that the plan will be smaller than the expected scale.
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The Company's stock price is affected by various complex factors, including operating performance, macroeconomic cycles, domestic and international political and economic situations, and investor psychology. Therefore, stock trading is an investment activity with certain risks, and investors should be fully prepared for this.
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The amortization of relevant costs or expenses arising from the implementation of this Employee Stock Ownership Plan may affect the Company's net profit; investors are advised to take note.
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The company-level performance assessment targets set by this Employee Stock Ownership Plan do not constitute a commitment to future performance. The achievement of relevant targets is subject to uncertainty due to factors such as the macroeconomic environment, capital markets, and domestic and international political and economic situations.
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During the vesting period, the equity vesting of this Employee Stock Ownership Plan is determined based on the achievement of company performance assessments and individual performance results. There is a possibility that the plan may not vest to holders if company or individual performance targets are not met.
The Company will disclose relevant progress in accordance with regulations. Investors are advised to make cautious decisions and be aware of investment risks.
Special Notice
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The "Tianjin Andon Health Co., Ltd. 2026 Employee Stock Ownership Plan (Draft)" and its summary 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 "Guiding Opinions on the Implementation of Employee Stock Ownership Plans by Listed Companies," the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1 — Standardized Operation of Main Board Listed Companies," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association of Tianjin Andon Health Co., Ltd."
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This Employee Stock Ownership Plan follows the principles of legal compliance, voluntary participation, and risk self-assumption. There is no forced participation or mandatory allocation of the plan to employees.
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The scope of holders for this Employee Stock Ownership Plan includes middle management and core personnel of the Company and its holding subsidiaries who are involved in the chronic disease management business, excluding directors and senior management of the Company. The total number of employees participating in the initial establishment (excluding those reserved for future grants) shall not exceed 700. The final number and list of participants will be determined based on actual employee payments.