Beijing Jingye Data Technology Co., Ltd. Compensation Management System for Directors and Senior Management
Chapter 1 General Provisions
Article 1 To further establish and improve the internal incentive and restraint mechanisms of Beijing Jingye Data Technology Co., Ltd. (hereinafter referred to as the "Company"), align the long-term interests of directors and senior management with the Company, stimulate their enthusiasm and creativity in enhancing the Company's value, and better improve the Company's asset operation efficiency and management level, this System is formulated in accordance with the "Company Law of the People's Republic of China," the "Code of Corporate Governance for Listed Companies," and other laws, regulations, and normative documents, as well as the "Articles of Association of Beijing Jingye Data Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), combined with the Company's actual operating scale and industry and regional compensation levels.
Article 2 This System applies to all directors of the Company and senior management personnel as stipulated in the "Articles of Association." This management system applies to the following personnel: (1) Members of the Company's Board of Directors, including independent directors and non-independent directors (including directors who hold other positions in the Company and those who do not). (2) Senior management personnel of the Company, including the General Manager, Deputy General Managers, Chief Financial Officer, and Secretary of the Board of Directors.
Chapter 2 Management Structure
Article 3 The Remuneration and Assessment Committee is responsible for formulating this System, organizing its implementation based on this System, and supervising its execution.
Article 4 The Board of Directors is responsible for reviewing the compensation management system for the Company's directors and senior management submitted by the Remuneration and Assessment Committee and submitting it to the Shareholders' Meeting for review and approval.
Article 5 The compensation plan for the Company's directors shall be determined by the Shareholders' Meeting and disclosed. When the Board of Directors or the Remuneration and Assessment Committee evaluates or discusses the remuneration of a director, that director shall recuse himself/herself. The compensation plan for senior management personnel shall be approved by the Board of Directors, explained to the Shareholders' Meeting, and fully disclosed.
Article 6 The Company's Human Resources Department, Finance Department, and other relevant departments shall assist the Board of Directors' Remuneration and Assessment Committee in the implementation of the compensation and assessment plans for the Company's directors and senior management personnel and in daily distribution work.
Chapter 3 Compensation Structure and Distribution