[Chart: Suntront Logo]
Stock Abbreviation: Suntront Technology
Stock Code: 300259
Suntront Technology Co., Ltd.
2026 Restricted Stock Incentive Plan (Draft) Summary
August 2026
Statement
The Company and all members of the Board of Directors guarantee that the contents of this incentive plan and its summary are true, accurate, and complete, with no false records, misleading statements, or major omissions.
Special Notice
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The "Suntront Technology Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft) Summary" (hereinafter referred to as "this Incentive Plan") is formulated by Suntront Technology Co., Ltd. (hereinafter referred to as "Suntront Technology", "the Company" or "this Company") in accordance with the "Company Law of the People's Republic of China", "Securities Law of the People's Republic of China", "Administrative Measures for Equity Incentives of Listed Companies", "Shenzhen Stock Exchange GEM Stock Listing Rules", "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 1 — Business Handling", and other relevant laws, administrative regulations, normative documents, and the "Articles of Association".
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The incentive form adopted by this Incentive Plan is restricted stock (Type II restricted stock). The source of the stock is the Company's A-share common stock issued to the incentive targets and/or A-share common stock repurchased by the Company from the secondary market.
Incentive targets who meet the grant conditions may, upon satisfying the corresponding vesting conditions, receive the Company's A-share common stock in batches at the grant price within the vesting period. Such shares will be registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before vesting, the restricted stock granted to the incentive targets does not carry shareholder rights and may not be transferred, used for guarantees, or used to repay debts.
- The total number of restricted shares intended to be granted under this Incentive Plan shall not exceed 5 million shares, representing approximately 0.43% of the Company's total share capital of 1,155.105035 million shares as of the announcement date of this draft. Of this, 4 million shares are to be granted initially, representing approximately 0.3463% of the total share capital and 80% of the total shares to be granted. The remaining 1 million shares are reserved, representing approximately 0.0866% of the total share capital and 20% of the total shares to be granted.
As of the announcement date of this draft, the total number of underlying shares involved in all of the Company's effective equity incentive plans does not exceed 20% of the Company's total share capital. The total number of company shares granted to any single incentive target through all effective equity incentive plans does not exceed 1% of the Company's total share capital.
If the Company undergoes capital reserve capitalization, stock dividend distribution, share subdivision, rights issue, or share consolidation between the announcement date of this draft and the vesting of the restricted shares, the number of restricted shares will be adjusted accordingly in accordance with the provisions of this Incentive Plan.
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The grant price of the restricted shares (including the reserved portion) under this Incentive Plan is 2.80 yuan per share. If the Company undergoes capital reserve capitalization, stock dividend distribution, share subdivision, rights issue, share consolidation, or dividend distribution between the announcement date of this draft and the vesting of the restricted shares, the grant price will be adjusted accordingly in accordance with the provisions of this Incentive Plan.
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This Incentive Plan intends to grant shares to a total of 15 incentive targets, all of whom are core management personnel and technical (business) backbones serving at the subsidiary Shanghai Kent Instrument Co., Ltd. (hereinafter referred to as "Shanghai Kent") at the time of the announcement of this Incentive Plan. This excludes directors, senior management, shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, their spouses, parents, children, and foreign employees.