Stock Abbreviation: Yingtang Intelligent Control
Stock Code: 300131
Shenzhen Yingtang Intelligent Control Co., Ltd.
2026 Stock Option Incentive Plan
(Draft) Summary
June 2026
Statement
The Company and all directors and senior management guarantee that the contents of this incentive plan do not contain any false records, misleading statements, or major omissions, and bear individual and joint legal responsibility for the authenticity, accuracy, and completeness of the contents of this incentive plan.
Special Notice
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Shenzhen Yingtang Intelligent Control Co., Ltd. (hereinafter referred to as the "Company") has formulated the 2026 Stock Option Incentive Plan (hereinafter referred to as the "Incentive Plan") 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 Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange, the Guidelines for Self-Regulation of Listed Companies on the ChiNext Market No. 1—Business Handling, and the Articles of Association of Shenzhen Yingtang Intelligent Control Co., Ltd.
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The incentive tool for this Incentive Plan is stock options, and the source of the shares is the Company's private issuance of A-share common stocks.
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The total number of stock options to be granted under this Incentive Plan is 50.00 million units, accounting for 4.41% of the Company's total share capital on the date of the announcement of this Incentive Plan. Among them, 43.55 million units are granted for the first time, accounting for 87.10% of the total stock options granted under this Incentive Plan and 3.84% of the Company's total share capital on the date of the announcement of this Incentive Plan; 6.45 million units are reserved, accounting for 12.90% of the total stock options granted under this Incentive Plan and 0.57% of the Company's total share capital on the date of the announcement of this Incentive Plan.
As of the date of the announcement of this Incentive Plan, the total number of shares involved in all of the Company's equity incentive plans within the validity period does not exceed 20.00% of the Company's total share capital; the total number of shares granted to any one incentive participant through all equity incentive plans within the validity period does not exceed 1.00% of the Company's total share capital.
From the date of the announcement of this Incentive Plan until the exercise of the stock options by the incentive participants, if the Company undergoes capital reserve conversion, stock dividend distribution, stock split, allotment, or share consolidation, the number of stock options granted will be adjusted accordingly.
- The exercise price for the stock options granted for the first time and reserved under this Incentive Plan is 14.09 yuan/share.
From the date of the announcement of this Incentive Plan until the exercise of the stock options by the incentive participants, if the Company undergoes capital reserve conversion, stock dividend distribution, stock split, allotment, share consolidation, or dividend payment, the exercise price of the stock options will be adjusted accordingly.
- The Company does not fall under any of the circumstances stipulated in Article 7 of the Administrative Measures for Equity Incentives of Listed Companies that prohibit the implementation of equity incentives:
(1) The financial accounting report for the most recent fiscal year was issued with an adverse opinion or a disclaimer of opinion by a certified public accountant;
(2) The internal control of the financial report for the most recent fiscal year was issued with an adverse opinion or a disclaimer of opinion by a certified public accountant;
(3) There has been a failure to distribute profits in accordance with laws, regulations, the Articles of Association, or public commitments within the last 36 months after listing;
(4) Other circumstances stipulated by laws and regulations where equity incentives are prohibited;
(5) Other circumstances recognized by the China Securities Regulatory Commission (CSRC).