Stock Abbreviation: Allmed Medical Stock Code: 002950
Allmed Medical Products Co., Ltd. 2026 Employee Stock Ownership Plan (Draft)
June 2026
Statement
The Company and all directors and senior management guarantee that the contents of this Employee Stock Ownership Plan do not contain any false records, misleading statements, or major omissions, and bear individual and joint legal responsibility for the authenticity, accuracy, and completeness of the contents of this Employee Stock Ownership Plan.
Risk Warning
(I) This Employee Stock Ownership Plan can only be implemented after being reviewed and approved by the Company's general meeting of shareholders; whether it can obtain approval from the general meeting of shareholders is subject to uncertainty.
(II) The implementation elements of this Employee Stock Ownership Plan, such as the source of funds, source of shares, and participants, are preliminary results; whether it can be successfully implemented is subject to uncertainty.
(III) If the subscription for the shares of this Employee Stock Ownership Plan is insufficient, there is a risk that it may not be established or may be lower than the expected scale.
(IV) The Company will disclose the progress of this Employee Stock Ownership Plan in a timely manner in accordance with relevant regulations. Investors are advised to make decisions cautiously and pay attention to investment risks.
Special Tips
(I) This Employee Stock Ownership Plan 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 the 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, the Articles of Association of Allmed Medical Products Co., Ltd., and other relevant regulations.
(II) This Employee Stock Ownership Plan follows the principles of legal compliance, voluntary participation, and risk-bearing, and there is no situation where employees are forced to participate through apportionment or mandatory allocation.
(III) The participants of this Employee Stock Ownership Plan include the Company's directors (excluding independent directors), senior management, core technical, business, and management personnel who have a direct impact on the Company's (including subsidiaries) performance and sustainable development, as well as other core employees of the Company (including subsidiaries). The total proportion of shares held by the Company's directors and senior management shall not exceed 30.00% of the total shares. There is no participation by shareholders or actual controllers who hold 5% or more of the Company's shares individually or collectively, nor their spouses, parents, or children. The number of participants in this Employee Stock Ownership Plan is expected to be 211, subject to actual execution.
(IV) The source of funds for this Employee Stock Ownership Plan includes the special incentive fund extracted by the Company and the self-raised funds of the participants (legal remuneration of participants, self-owned funds, and funds obtained through other methods permitted by laws and regulations), with an expected ratio of 1:1, subject to actual execution. The Company extracts a certain proportion of the special incentive fund based on the past performance of the holders. The purpose of the Company's provision of the special incentive fund is to optimize the Company's compensation structure, stimulate employee enthusiasm, enhance the sense of responsibility and mission of the Company's management team and core personnel for the realization of the Company's sustainable and healthy development, improve the Company's operating efficiency, and ensure the realization of long-term operating goals. The expected extraction of the special incentive fund this time is 11,020,000 RMB. The special incentive fund is a component of employee compensation and will be recorded as a cost/expense according to the accrual basis principle. This Employee Stock Ownership Plan does not involve the Company providing financial assistance to participants or providing guarantees for participants' loans, does not involve leveraged funds, and does not involve third-party arrangements for providing rewards, funding, subsidies, or guarantees to participants.