I. Purpose
To regulate the compensation plan for directors and senior management of Jinlong Feiyu Group Co., Ltd. (hereinafter referred to as "the Company"), aiming to establish a healthy and sustainable compensation structure that aligns with the Company's operational conditions and strategic objectives.
II. Scope of Application
This plan applies to all directors and senior management personnel of the Company, including independent directors and executive directors.
III. Compensation Structure and Standards
(1) Non-Executive Directors
- Non-executive directors who concurrently serve as senior management personnel shall be compensated according to the standards set for senior management, excluding other director remuneration.
- Concurrently serving directors (including subsidiaries) who are not senior management shall receive compensation based on their respective roles.
- Other concurrent roles (including subsidiaries) shall be compensated based on their respective duties.
(2) Executive Directors
Independent directors shall receive compensation based on the standards set for independent directors, with a total amount not exceeding 1.5 million yuan (including tax).
(3) Senior Management Personnel
Senior management personnel shall receive compensation based on their basic salary, performance bonuses, and other allowances, which shall be determined according to the Company's performance evaluation.
IV. Performance Bonuses
(1) Bonus Determination
- The performance bonus shall be determined based on the Company's annual operational targets and the performance of senior management personnel.
- The bonus amount shall not be less than 50% of the total performance bonus amount.
- The bonus amount may be adjusted based on the Company's operational conditions and market changes.