Stock Abbreviation: Tianfu Communication
Stock Code: 300394
Suzhou TF Light Communication Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft) Summary
August 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 liability for their truthfulness, 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 vesting arrangements of the restricted stocks, 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 "Suzhou TF Light Communication Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as "this Incentive Plan") is formulated by Suzhou TF Light Communication Co., Ltd. (hereinafter referred to as "Tianfu Communication," "the Company," or "this Company") in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange," the "Administrative Measures for Equity Incentives of Listed Companies," the "Guidelines No. 1 for Self-Regulation of Listed Companies on the ChiNext Market of the Shenzhen Stock Exchange — 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 RMB A-share common stock issued directly to the incentive recipients.
Incentive recipients who meet the grant conditions of this Incentive Plan will, upon satisfying the corresponding vesting conditions and arrangements, obtain the Company's A-share common stocks at the grant price during the vesting period. Such stocks will be registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before vesting, the restricted stocks granted to the incentive recipients do not carry shareholder rights, 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 the incentive recipients under this Incentive Plan is 2.2887 million shares, accounting for approximately 0.2098% of the Company's total share capital of 1,090,825,093 shares as of the announcement date of this Incentive Plan draft. This Incentive Plan is a one-time grant with no reserved interests.
The total number of underlying stocks involved in all of the Company's equity incentive plans within their validity periods does not exceed 20% of the Company's total share capital at the time of the announcement of this Incentive Plan draft. The total number of company stocks granted to any single incentive recipient through all equity incentive plans within their validity periods does not exceed 1% of the Company's total share capital at the time of the announcement of this Incentive Plan.
- There are a total of 745 incentive recipients under this Incentive Plan. The incentive recipients include directors, senior management, and core technical (business) personnel (including foreign employees) who are employed by the Company (including subsidiaries, the same below) at the time of the Company's announcement of this Incentive Plan. The incentive recipients participating in this Incentive Plan do not include independent directors, nor do they include shareholders or actual controllers who hold 5% or more of the shares individually or in aggregate, or their spouses, parents, or children.