Stock Abbreviation: Kede Education Stock Code: 300192
Suzhou Kede Education Technology Co., Ltd. "Leaper" Phase I Employee Stock Ownership Plan (Draft)
June 2026
Statement
The Company and all directors guarantee that the contents of this Employee Stock Ownership Plan do not contain any false records, misleading statements, or major omissions, and assume individual and joint legal liability for the authenticity, accuracy, and completeness of the contents of this Employee Stock Ownership Plan.
Risk Warning
(I) This Employee Stock Ownership Plan can only be implemented after being reviewed and approved by the Company's general meeting of shareholders. There is uncertainty as to whether it will be approved by the general meeting of shareholders.
(II) The funding sources, share sources, participants, and other elements of this Employee Stock Ownership Plan are preliminary results. There is uncertainty as to whether it can be successfully implemented.
(III) If the subscription for the shares of this Employee Stock Ownership Plan is insufficient, there is a risk that it may not be established or may fall below the expected scale.
(IV) The Company will disclose the progress of this Employee Stock Ownership Plan in a timely manner in accordance with relevant regulations. Investors are advised to make decisions cautiously and pay attention to investment risks.
Special Notice
(I) This Employee Stock Ownership Plan 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 Guiding Opinions on Pilot Projects for Employee Stock Ownership Plans of Listed Companies, the Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2 — Standardized Operation of Companies Listed on the ChiNext Market, the Articles of Association of Suzhou Kede Education Technology Co., Ltd., and other regulations.
(II) This Employee Stock Ownership Plan follows the principles of legality, compliance, voluntary participation, and risk-bearing, and there is no situation where the Company forces employees to participate through apportionment or mandatory allocation.
(III) The source of shares for this Employee Stock Ownership Plan is the acquisition of the Company's A-share common stocks (hereinafter referred to as "Target Shares") through the secondary market (including but not limited to block trades, centralized bidding, etc.) or other methods permitted by laws and regulations.
(IV) The funding sources for this Employee Stock Ownership Plan are legal employee remuneration, self-raised funds, and other funds obtained through methods permitted by laws and regulations. If financing is conducted through asset management plans, trust plans, margin financing and securities lending, or other methods permitted by laws and regulations, the financing funds will come from financial institutions. The leverage ratio between financing funds and self-raised funds shall not exceed 1:1, and the leverage multiple shall comply with the Guiding Opinions on Regulating the Asset Management Business of Financial Institutions, the Shenzhen Stock Exchange Detailed Rules for the Implementation of Margin Financing and Securities Lending Transactions (2023 Revision), and other regulations. The Company has not provided financial assistance such as advance payments, guarantees, or loans to participants; there are no arrangements for third parties to provide rewards, funding, subsidies, or guarantees for employees to participate in the stock ownership plan.
(V) The number of participants in this Employee Stock Ownership Plan is expected to be 100, including company directors (excluding independent directors), senior management, and other core employees of the company (including subsidiaries), subject to actual implementation.
(VI) The funding scale of this Employee Stock Ownership Plan shall not exceed 200,000,000 RMB, with "share" as the subscription unit. Each share is 1.00 RMB, and the upper limit of the shares of this Employee Stock Ownership Plan is 200,000,000 shares, subject to actual implementation.