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Zhejiang Zhongjing Technology Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft) Summary
July 2026
Statement
The Company and all directors guarantee that this incentive plan and its summary do not contain any false records, misleading statements, or major omissions, and assume individual and joint legal liability for their authenticity, accuracy, and completeness.
All incentive targets of the Company promise that if the Company's information disclosure documents contain false records, misleading statements, or major omissions, resulting in non-compliance with the arrangements for granting or exercising rights, the incentive targets shall return all benefits obtained from this incentive plan to the Company after the relevant information disclosure documents are confirmed to contain false records, misleading statements, or major omissions.
Special Notice
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The Zhejiang Zhongjing Technology Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft) 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 Administrative Measures for Equity Incentives of Listed Companies, the Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1 — Business Handling, other relevant laws, regulations, and normative documents, and the Articles of Association of Zhejiang Zhongjing Technology Co., Ltd.
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The incentive tool adopted in this restricted stock incentive plan is restricted stock. The stock source is the Company's A-share common stock repurchased from the secondary market and/or A-share common stock issued to the incentive targets.
Incentive targets who meet the grant conditions of this incentive plan will, upon satisfying the corresponding grant conditions, obtain the Company's A-share common stock at the grant price. Such shares will be registered at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before the restricted shares granted to the incentive targets are released from restrictions, the incentive targets shall enjoy the rights pertaining to their shares, including but not limited to dividend rights and allotment rights. However, stock dividends, shares converted from capital reserve, allotted shares, and shares allotted to original shareholders during additional issuance obtained by incentive targets due to the granted restricted shares during the restricted period shall also be restricted and may not be sold in the secondary market or transferred in other ways. The expiration date of the restriction period for such shares shall be the same as that of the restricted shares, and the aforementioned restricted shares may not be transferred, used for guarantees, or used to repay debts.
- The total amount of restricted shares proposed to be granted to the incentive targets under this plan is 2,221,700 shares, accounting for 1.18% of the Company's total share capital of 187,767,550 shares at the time of the announcement of this incentive plan draft, with no reserved shares. The total number of underlying shares involved in all of the Company's equity incentive plans within the validity period does not exceed 10% of the Company's total share capital. The total number of company shares granted to any single incentive target through all equity incentive plans within the validity period does not exceed 1% of the Company's total share capital.
As of the date of the announcement of this incentive plan draft, the total number of underlying shares involved in all of the Company's equity incentive plans within the validity period does not exceed 10% of the Company's total share capital. The total number of company shares granted to any single incentive target through all equity incentive plans within the validity period does not exceed 1% of the Company's total share capital.
From the date of the announcement of this incentive plan draft to the completion of the registration of the restricted shares granted to the incentive targets, if the Company undergoes capital reserve conversion, stock dividend distribution, share split or consolidation, or allotment, the number of restricted shares granted will be adjusted accordingly in accordance with this incentive plan.