002611SZSE

2024 Employee Stock Ownership Plan (Revised May 2026)

✨ AI Summary

The 2024 Employee Stock Ownership Plan of Guangdong Dongfang Precision Technology Co., Ltd. aims to enhance employee engagement and retention by allowing key personnel to share in the company's growth. Approved by the board and shareholders, the plan involves a maximum of 21.33 million shares, representing 1.75% of the company's total equity. The plan includes performance assessments from 2024 to 2026, with specific metrics for unlocking shares based on company performance.

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Full Translation

AI Translation· azure_openai

Statement

The company and all members of the board guarantee that the "2024 Employee Stock Ownership Plan of Guangdong Dongfang Precision Technology Co., Ltd." and its summary do not contain false records, misleading statements, or major omissions, and bear individual and joint legal responsibility for its authenticity, accuracy, and completeness.

Risk Warning

  1. The "2024 Employee Stock Ownership Plan" has been approved by the company's fourth extraordinary general meeting of shareholders in 2024. The adjustments to this plan have been reviewed and approved by the first meeting of plan holders in 2026 and received consent from over two-thirds of the shares held by attendees, as well as approval from the 26th (extraordinary) meeting of the fifth board of directors. According to prior authorizations from the shareholders' meeting, this adjustment does not require submission for further shareholder review.
  2. The specific sources of funds, scale, and implementation plans for this employee stock ownership plan are preliminary results, and there is uncertainty regarding their completion.
  3. Descriptions of performance assessment indicators in this employee stock ownership plan do not represent the company's performance forecasts and do not constitute performance commitments. The company will disclose relevant progress according to regulations, and investors are advised to make cautious decisions and be aware of investment risks.

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