Stock Code: 300480 Stock Abbreviation: GL Tech
GL Tech Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft)
August 2026
Statement
The Board of Directors and all directors of the Company guarantee that the contents of this announcement do not contain any false records, misleading statements, or major omissions, and bear legal responsibility for the authenticity, accuracy, and completeness of its contents.
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 conditions for granting or vesting of equity, 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 false records, misleading statements, or major omissions.
Special Notice
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This incentive 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 Administrative Measures for Equity Incentives of Listed Companies, the Shenzhen Stock Exchange GEM Stock Listing Rules, the Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 1 — Business Handling, and other relevant laws, regulations, rules, and normative documents, as well as the Articles of Association of GL Tech Co., Ltd.
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The incentive tool adopted in this incentive plan is restricted stock (Type II restricted stock). The source of the shares is the Company's A-share common stock issued by GL Tech Co., Ltd. (hereinafter referred to as the "Company") to the incentive recipients.
Incentive recipients who meet the grant conditions of this incentive plan will, upon meeting the corresponding vesting conditions, obtain the Company's A-share common stock issued by the Company in batches at the grant price. Such shares will be registered with China Securities Depository and Clearing Corporation Limited. Before vesting, the restricted stock granted to the incentive recipients does not carry shareholder rights, and such restricted stock may not be transferred, used for guarantees, or used to repay debts.
- This incentive plan intends to grant no more than 3.00 million restricted shares to incentive recipients, accounting for approximately 0.81% of the Company's total share capital of 370.2226 million shares at the time of the announcement of the draft incentive plan. Among them, 2.6039 million shares are granted for the first time, accounting for 0.70% of the Company's total share capital at the time of the announcement of the incentive plan, and 86.80% of the total number of restricted shares proposed to be granted under this incentive plan; 0.3961 million shares are reserved, accounting for 0.11% of the Company's total share capital at the time of the announcement of the incentive plan, and 13.20% of the total number of restricted shares proposed to be granted under this incentive plan.
As of the date of the announcement of this incentive plan draft, the total number of underlying shares involved in all of the Company's equity incentive plans within the validity period has not exceeded 20.00% 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 the validity period does not exceed 1.00% of the Company's total share capital.
- The initial grant price of the restricted stock under this incentive plan is 17.68 yuan/share. The grant price for the reserved portion is the same as the grant price for the initial grant portion. From the date of the announcement of the draft incentive plan to the vesting of the restricted stock granted to the incentive recipients, if the Company undergoes capital reserve conversion, stock dividend distribution, share subdivision or consolidation, rights issue, or dividend payment, the grant/vesting price and quantity of the restricted stock will be adjusted accordingly in accordance with the relevant provisions of this incentive plan.