Stock Code: 300542 Stock Abbreviation: Brilliance Tech
Brilliance Tech Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft) Summary
July 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 fails to meet the conditions for granting or vesting of equity due to false records, misleading statements, or major omissions in the information disclosure documents, 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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The "Brilliance Tech Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan", "this Incentive Plan", or "this Plan") is formulated by Brilliance Tech Co., Ltd. (hereinafter referred to as "Brilliance Tech", "the 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, regulations, normative documents, and the "Articles of Association of Brilliance Tech Co., Ltd.".
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The incentive form adopted in this Plan is the second type of restricted stock. The stock source is the Company's A-share common stock repurchased from the secondary market and/or issued by the Company to the incentive recipients. Incentive recipients who meet the grant conditions of this Incentive Plan will, after meeting the corresponding vesting conditions and vesting arrangements, obtain the Company's A-share common stock in batches during the vesting period at the grant price. Such stocks will be registered at the Shenzhen Branch of China Securities Depository and Clearing Corporation. Before the vesting of the restricted stocks granted to the incentive recipients, the incentive recipients do not enjoy the rights of shareholders of the Company, and the aforementioned restricted stocks may not be transferred, guaranteed, used to repay debts, or otherwise disposed of.
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The total amount of restricted stocks intended to be granted to the incentive recipients under this Incentive Plan is 2.8 million shares, accounting for 0.94% of the Company's total share capital of 298.5599 million shares at the time of the announcement of this Incentive Plan draft. All are granted at one time, and there are no reserved shares.
As of the date of the announcement of this Incentive Plan draft, the total number of underlying stocks 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. The cumulative number of the Company's shares granted to any one incentive recipient through all equity incentive plans within the validity period does not exceed 1.00% of the Company's total share capital.
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The grant price of the restricted stocks under this Incentive Plan is 5.88 yuan/share. From the date of the announcement of this Incentive Plan draft to the vesting of the restricted stocks granted to the incentive recipients, if the Company undergoes capital reserve capitalization, stock dividends, share splits or consolidations, rights issues, or dividend distributions, the grant price and the number of restricted stocks will be adjusted accordingly in accordance with this Incentive Plan.
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The total number of incentive recipients intended to be granted under this Incentive Plan is 6 people, including directors, senior management, core management personnel, and core technical (business) backbone personnel serving in the Company (including subsidiaries within the scope of the consolidated financial statements, the same below) at the time the Company announces the draft of this Incentive Plan, excluding independent directors of the Company, foreign employees, and shareholders or actual controllers who individually or collectively hold 5% or more of the Company's shares, as well as their spouses, parents, and children.