Statement
The company and the board of directors ensure that this summary of the employee stock ownership plan and its requirements does not contain any false records, misleading statements, or major omissions, and is responsible for its authenticity, accuracy, and completeness.
Risk Disclosure
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This employee stock ownership plan must be approved by the company’s shareholders and may not be established if the company fails to obtain approval from the Shenzhen Stock Exchange, which carries uncertainties.
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The specific participation of employees in the employee stock ownership plan may vary, and the sources of funds, amounts, and implementation methods may also carry uncertainties.
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If employee purchasing funds are insufficient, the employee stock ownership plan may not be established; if employee purchasing funds are low, the employee stock ownership plan may carry risks of being below the expected scale.
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The company will continue to disclose relevant progress based on regulations, and investors are advised to pay attention to investment risks.
Special Instructions
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Guangdong Dongpeng Holdings Co., Ltd. (hereinafter referred to as "Dongpeng Holdings" or "the Company") 2026 Employee Stock Ownership Plan (hereinafter referred to as "the Plan") is based on the "Company Law" and other relevant laws and regulations.
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The employee stock ownership plan is subject to the company’s decision, and the company cannot refuse to allow employees to participate in the plan.
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The employee stock ownership plan will include the company and its subsidiaries, and the company will strengthen the participation of employees in the plan.
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The total amount raised under this employee stock ownership plan shall not exceed 8,477.54 million yuan (including reserved funds), with each share priced at 1.00 yuan, and the number of shares under the plan is set at 8,477,543 shares (reserved shares).
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The stock sources for this employee stock ownership plan will be exclusively from the company’s own shares, and the company will provide the necessary financial services.
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The stock for this employee stock ownership plan will be subject to the company’s approval and will not exceed 1,522,000 shares. The company’s stock will be priced at 5.75 yuan/share (including reserved funds).
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The duration of this employee stock ownership plan is set at 60 months, starting from the date of approval by the company’s shareholders.
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The company will implement the employee stock ownership plan in accordance with the relevant regulations and will not lead to any distribution of shares that does not meet the listing conditions.
Table of Contents
- Statement
- Risk Disclosure
- Special Instructions
- Chapter One: Definition
- Chapter Two: Objectives and Basic Principles of the Employee Stock Ownership Plan
- Chapter Three: Determining the Scope and Basis for Employee Participation in the Employee Stock Ownership Plan
- Chapter Four: Fundraising, Sources of Stock, Pricing, and Purchase Rules
- Chapter Five: Duration, Lock-up Period, and Key Requirements
- Chapter Six: Management Methods of the Employee Stock Ownership Plan
- Chapter Seven: Distribution of Rights and Interests in the Employee Stock Ownership Plan
- Chapter Eight: Changes in the Employee Stock Ownership Plan and the Handling of Rights and Interests
- Chapter Nine: Accounting Treatment of the Employee Stock Ownership Plan
- Chapter Ten: Other Important Matters
Chapter Three: Determination Basis and Scope of Employee Stock Ownership Plan Participants
1. Legal Basis for Determining Participants
The basis for determining participants in this employee stock ownership plan is based on the "Company Law," "Securities Law," "Guiding Opinions" (Self-Regulatory Document No. 1) and other relevant laws, regulations, and the "Articles of Association" of the company. The company shall determine participants according to legal provisions, self-regulatory requirements, and risk-bearing principles in this employee stock ownership plan.