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Zhejiang Zhongjing Technology Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft)
July 2026
Statement
The Company and all directors guarantee that this incentive plan and its summary contain no false records, misleading statements, or major omissions, and assume individual and joint legal responsibility for their authenticity, accuracy, and completeness.
All incentive recipients 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 grant or exercise of equity interests, the incentive recipients shall return all benefits obtained from this incentive plan to the Company after the relevant information disclosure documents are confirmed to contain such 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, and other relevant laws, regulations, and normative documents, as well as 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 source of the shares is the Company's A-share common stock repurchased from the secondary market and/or A-share common stock issued to the incentive recipients.
Incentive recipients who meet the grant conditions of this incentive plan will obtain the Company's A-share common stock at the grant price after satisfying the corresponding grant conditions. These shares will be registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before the restricted stocks granted to the incentive recipients are unlocked, the incentive recipients enjoy the rights associated with their shares, including but not limited to dividend rights and allotment rights. However, stock dividends, shares converted from capital reserves, allotted shares, and shares sold to original shareholders during additional issuances obtained by incentive recipients due to the restricted stocks granted during the lock-up period are also subject to the same lock-up restrictions. They may not be sold in the secondary market or transferred in any other way. The expiration date of the lock-up period for such shares is the same as that for the restricted stocks, and the aforementioned restricted stocks may not be transferred, used for guarantees, or used to repay debts.
- The total amount of restricted stocks proposed to be granted to incentive recipients 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 their validity period does not exceed 10% of the Company's total share capital. The total number of company shares granted to any single incentive recipient through all equity incentive plans within their validity period does not exceed 1% of the Company's total share capital.
As of the announcement date of this incentive plan draft, the total number of underlying shares involved in all of the Company's equity incentive plans within their validity period does not exceed 10% of the Company's total share capital. The total number of company shares granted to any single incentive recipient through all equity incentive plans within their validity period does not exceed 1% of the Company's total share capital.
From the date of the announcement of this incentive plan draft until the completion of the registration of the restricted stocks granted to the incentive recipients, if the Company undergoes capital reserve conversion, stock dividend distribution, share subdivision or consolidation, or rights issues, the number of restricted stocks granted will be adjusted accordingly in accordance with this incentive plan.