Remuneration Management System for Directors and Senior Management

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This document establishes a remuneration management system for directors and senior management to improve corporate governance and motivation. The system aligns remuneration with company performance, market conditions, and individual contributions. Key figures include operational profit, revenue, and previous year's performance. Material outcomes involve annual remuneration assessments, potential adjustments, and adherence to principles of fairness and advancement, subject to board and remuneration committee approval.

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Chapter 1 General Principles

Article 1

To further improve the company's governance, the remuneration management system for directors and senior management is established based on the requirements of effective motivation and creativity, promoting sustainable development of the company, and in accordance with the "Company Law of the People's Republic of China" and other relevant national laws and regulations.

Article 2

The remuneration management system for directors and senior management shall be formulated annually based on the company's operational performance and the contributions of directors and senior management, ensuring the alignment of remuneration with performance.

Article 3

This system applies to all directors and senior management personnel within the company, including the board of directors and the supervisory board.

Article 4

The remuneration of directors and senior management shall correspond to market conditions and the company's operational performance, aligning individual performance with the company's sustainable development.

Adhere to the principles of effectiveness and fairness. The remuneration of senior management shall reflect their responsibilities, risks, and contributions.
Support the principles of motivation and alignment. Based on the requirements of authority and responsibility, establish a remuneration system that integrates the company's operational performance with the remuneration of senior management.
Uphold the principle of advancement. Combine the company's development trends with the annual performance of the company.

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