Stock Code: 002753 Stock Abbreviation: Yongdong Shares
Stock Code: 127059 Stock Abbreviation: Yongdong Convertible Bond 2
Shanxi Yongdong Chemical Industry Co., Ltd.
2026 Employee Stock Ownership Plan
(Draft)
June 2026
Statement
The Company and all members of the Board of Directors guarantee that this Employee Stock Ownership Plan and its summary do not contain any false records, misleading statements, or major omissions, and bear individual and joint liability for the authenticity, accuracy, and completeness of its contents.
Risk Warning
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The 2026 Employee Stock Ownership Plan of Shanxi Yongdong Chemical Industry Co., Ltd. (hereinafter referred to as the "Plan") must be approved by the Company's general meeting of shareholders before implementation. There is uncertainty as to whether the Plan will be approved.
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Specific details regarding funding sources, contribution ratios, and implementation plans are preliminary results; there is uncertainty regarding whether full implementation can be completed.
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If employee subscription amounts are low, the Plan faces the risk of not being established; if subscription amounts are insufficient, the Plan faces the risk of falling below the expected scale.
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The Company's stock price is influenced by complex factors including operating performance, macroeconomic cycles, domestic and international political and economic situations, and investor sentiment. Therefore, stock trading is an investment activity with certain risks, and investors should be fully prepared.
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Descriptions of company performance assessment indicators in this Plan do not represent performance forecasts and do not constitute performance commitments.
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The Company will disclose relevant progress in a timely manner in accordance with regulations. Investors are advised to make decisions cautiously and be aware of investment risks.
Special Notice
Terms used in this section are consistent with those in the "Definitions" section.
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The "Shanxi Yongdong Chemical Industry Co., Ltd. 2026 Employee Stock Ownership Plan (Draft)" is 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 Pilot 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 the Articles of Association of Shanxi Yongdong Chemical Industry Co., Ltd.
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The Plan follows the principles of legality, compliance, voluntary participation, and risk-bearing, with no forced participation or apportionment.
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Participants include the Company's directors (excluding independent directors), senior management, middle management, and core technical (business) personnel (hereinafter referred to as "Holders"). The total number of participants at the initial establishment shall not exceed 61, including 7 directors (excluding independent directors) and senior management. The specific number of participants will be determined based on actual employee payments.
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The stock source for the Plan is the Company's A-share common stock already repurchased in the Company's dedicated repurchase securities account. After approval by the general meeting of shareholders, the Plan will acquire the shares through non-trading transfers or other methods permitted by laws and regulations, totaling no more than 5,273,069 shares, representing 1.23% of the Company's current total share capital. The specific number of shares will be determined by the actual amount paid by employees.
After the implementation of this Plan, the total number of shares held by all effective employee stock ownership plans of the Company shall not exceed 10% of the total share capital, and the underlying shares corresponding to the share held by any single holder shall not exceed 1% of the total share capital. The total number of shares held under this Plan does not include shares obtained by holders before the Company's initial public offering, shares purchased independently in the secondary market, or shares obtained through equity incentives.