002737SZSE

Compensation Management System for Senior Management (April 2026)

✨ AI Summary

This document outlines the Compensation Management System for Senior Management, effective April 2026. Its purpose is to enhance senior management's effectiveness and promote sustainable enterprise growth. Key figures include base salary, performance bonuses (up to 50% of annual salary), and other incentives. Material outcomes involve fair, transparent compensation aligned with company objectives and annual reviews to ensure strategic alignment.

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Chapter One General Principles

Article 1

To promote the establishment of a modern enterprise system and effective management of senior management personnel, this system aims to enhance the active and creative nature of senior management, improve the overall management level, and facilitate the sustainable growth of the enterprise.

Article 2

This system applies to senior management personnel of the company and is referred to as "the Company System." The regulations herein are intended to guide the management of senior personnel.

Article 3

Senior management personnel are to be recruited based on their capabilities, with performance evaluations reflecting the core business objectives. The management should ensure that senior personnel are aligned with the company's economic model and operational situation.

Article 4

The following principles guide the determination of senior management personnel's compensation:

  1. Based on division of labor and authority.
  2. Income should align with the company's operational objectives.
  3. Compensation should be fair, just, and transparent.

Chapter Two Management Structure

Article 5

The company's board of directors is responsible for confirming the management system for senior personnel. The board will consider the recommendations of the compensation committee regarding the management of senior personnel.

Article 6

The compensation committee will execute its duties according to the relevant regulations and guidelines.

Chapter Three Compensation Standards and Payment Methods

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