Stock Abbreviation: Shouhua Gas
Stock Code: 300483
Shouhua Gas Technology (Shanghai) Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft)
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 responsibility 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 plan is restricted stock (Type II restricted stock). The stock source 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 to be granted under this 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 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, and 80.00% of the total restricted shares granted under this plan; 1.1306 million shares are reserved, accounting for 0.29% of the company's total share capital at the time of the announcement, and 20.00% of the total restricted shares granted under this plan.
The company's 2024 and 2025 restricted stock incentive plans are still in the implementation process. As of the date of the announcement of this 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 plan. The total number of company shares granted to any single incentive 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 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, allotment, or share consolidation, the number of restricted shares granted shall be adjusted accordingly.
- The number of participants granted restricted shares for the first time under this plan shall not exceed 37 people, including the company's directors, senior management, and business/technical backbones and key/core position employees of the company (including subsidiaries), excluding independent directors. 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 being 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;
(4) Having circumstances stipulated by the Company Law that prohibit serving as a director or senior manager of the company;
(5) Being prohibited by laws and regulations from participating in equity incentives of listed companies;
(6) Other circumstances recognized by the CSRC.