Chapter One General Principles
Article 1
To further improve the compensation management system for directors and senior management at Shenzhen Dongfang Jiasheng Supply Chain Co., Ltd. (hereinafter referred to as "the Company"), and to stimulate contractual mechanisms, the Company shall establish a compensation management system for directors and senior management to promote health, stability, and sustainable development, in accordance with relevant laws, regulations, and the Articles of Association of Shenzhen Dongfang Jiasheng Supply Chain Co., Ltd. (hereinafter referred to as "the Articles").
Article 2
This system applies to senior management personnel, including company executives, financial department personnel, and other relevant personnel, as well as other personnel who are subject to the Company’s senior management personnel evaluation.
Article 3
The Company shall establish a compensation management system based on the following principles:
- Adhere to market-oriented principles: Reference industry benchmarks and maintain internal equity.
- Strengthen continuous connection principles: Link compensation with company performance and individual performance evaluations.
- Implement risk control principles: Establish effective compensation and incentive mechanisms to prevent short-term behavior.
- Ensure transparency principles: Enhance the clarity of the compensation system and ensure compliance with laws and regulations.
Chapter Two Management Structure
Article 4
The Company’s compensation management system shall be approved by the board of directors and the compensation committee.