002971SZSE

Compensation Standards and Performance Assessment Plan for Directors and Senior Management in 2026

✨ AI Summary

This announcement outlines the compensation and performance assessment plan for directors and senior management of Hubei Heyuan Gas Co., Ltd. for 2026. It specifies fixed allowances for non-independent directors and performance-based compensation for senior management, including basic salary, performance pay, and long-term incentives. The plan will take effect on January 1, 2026, following approval by the board of directors.

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Full Translation

AI Translation· azure_openai

Hubei Heyuan Gas Co., Ltd. has formulated the compensation and performance assessment plan for its directors and senior management for 2026 based on its "Compensation Management System for Directors and Senior Management," considering the characteristics of the industry, the company's development stage, and its operational strategy and objectives for 2026.

1. Compensation Plan for Non-Independent and Independent Directors

Non-independent directors not serving in the company will receive a fixed allowance, while independent directors will receive a fixed salary, as detailed below:

PositionAmount (Annual)Remarks
Non-independent directors100,000Paid quarterly
Independent directors100,000Paid quarterly

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