Stock Abbreviation: Shouhua Gas
Stock Code: 300483
Shouhua Gas Technology (Shanghai) Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft) Summary
July 2026
Statement
The Company and all directors guarantee that the contents of this incentive 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 incentive plan.
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, the Articles of Association of Shouhua Gas Technology (Shanghai) Co., Ltd., and other relevant regulations.
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The incentive tool for this incentive plan is restricted stock (Type II restricted stock). The source of the stock is A-share common shares repurchased by Shouhua Gas Technology (Shanghai) Co., Ltd. (hereinafter referred to as the "Company") from the secondary market and/or issued through private placement.
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The total number of restricted shares granted under this incentive plan is 5.653 million shares, accounting for 1.47% of the Company's total share capital at the time of the announcement of this incentive plan. Among them, 4.5224 million shares are granted for the first time, accounting for 1.17% of the Company's total share capital at the time of the announcement of this incentive plan, and 80.00% of the total number of restricted shares granted under this incentive plan; 1.1306 million shares are reserved, accounting for 0.29% of the Company's total share capital at the time of the announcement of this incentive plan, and 20.00% of the total number of restricted shares granted under this incentive plan.
The Company's 2024 Restricted Stock Incentive Plan and 2025 Restricted Stock Incentive Plan are still in the implementation process. As of the date of the announcement of this incentive plan draft, the total number of company 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 at the time of the announcement of this incentive plan; the total number of company shares granted to any single participant through all equity incentive plans within the validity period does not exceed 1.00% of the Company's total share capital at the time of the announcement of this incentive plan.
From the date of the announcement of this incentive plan until the completion of the vesting of the restricted shares granted to the participants, if the Company undergoes capital reserve conversion, stock dividend distribution, stock split, rights issue, or stock consolidation, the number of granted restricted shares shall be adjusted accordingly.
- The number of participants granted for the first time under this incentive plan does not exceed 37, including the Company's directors, senior management, and the Company's (including subsidiaries) business/technical backbones and key/core position employees, excluding independent directors of the Company. This complies with the provisions of Article 8.4.2 of the Shenzhen Stock Exchange GEM Stock Listing Rules, and there are no circumstances that disqualify them from becoming participants:
(1) Having been identified as an inappropriate candidate by the stock exchange in the last 12 months;
(2) Having been identified as an inappropriate candidate by the China Securities Regulatory Commission (CSRC) and its dispatched agencies in the last 12 months;
(3) Having been subject to administrative penalties or market entry bans by the CSRC and its dispatched agencies in the last 12 months due to major violations of laws and regulations;