Stock Abbreviation: Jucan Optoelectronics Stock Code: 300708
Jucan Optoelectronic Technology Co., Ltd.
2025 Restricted Stock Incentive Plan
(Draft Revision)
July 2026
Statement
The Company and all directors guarantee that this incentive plan and its summary do not contain any false records, misleading statements, or major omissions, and assume individual and joint legal liability for their authenticity, accuracy, and completeness.
All incentive recipients under this plan commit that if the Company is found to have false records, misleading statements, or major omissions in its information disclosure documents, resulting in non-compliance with the conditions for granting or exercising equity, the incentive recipients shall return all benefits obtained from this incentive plan to the Company after such false records, misleading statements, or major omissions are confirmed.
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 Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange, the Guidelines for Self-Regulation of Listed Companies on the ChiNext Market No. 1 - Business Handling, and other relevant laws, regulations, and normative documents, as well as the Articles of Association of Jucan Optoelectronic Technology Co., Ltd.
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The incentive tool adopted in this plan is restricted stock (Type II restricted stock). The source of the shares is the Company's RMB ordinary A-shares, which Jucan Optoelectronic Technology Co., Ltd. (hereinafter referred to as the "Company") will issue to the incentive recipients.
Incentive recipients who meet the grant conditions of this plan will, upon satisfying the corresponding vesting conditions, obtain the Company's additionally issued RMB ordinary A-shares at the grant price. These shares will be registered with China Securities Depository and Clearing Corporation Limited. Before vesting, the restricted shares granted to the incentive recipients do not carry shareholder rights, and such restricted shares may not be transferred, used for guarantees, or used to repay debts.
- The Company intends to grant a total of 10.00 million restricted shares to incentive recipients, representing 1.47% of the total share capital of 680.152346 million shares on the date of the announcement of this draft plan. Of this total, 8.045 million shares will be granted initially, accounting for 80.45% of the total proposed grant and 1.18% of the total share capital. The remaining 1.955 million shares are reserved, accounting for 19.55% of the total proposed grant and 0.29% of the total share capital.
As of the announcement date of this draft plan, the cumulative number of underlying shares granted to any single incentive recipient under all effective equity incentive plans does not exceed 1% of the Company's total share capital. The total number of underlying shares involved in all of the Company's effective equity incentive plans does not exceed 20% of the Company's total share capital.
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The grant price for the initial portion of restricted shares under this plan is 5.68 yuan per share. The grant price for the reserved portion of restricted shares shall be determined by reference to the pricing method for the initial grant. If the Company undergoes capital reserve capitalization, stock dividends, share splits or consolidations, rights issues, or cash dividends between the announcement date of this draft plan and the completion of the registration of the restricted shares by the incentive recipients, the grant price or quantity of the restricted shares shall be adjusted accordingly in accordance with the relevant provisions of this plan.
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The total number of incentive recipients for the initial grant under this plan is 252, consisting of directors, senior management, and core backbone employees serving in the Company (including wholly-owned subsidiaries) at the time of the announcement of this draft plan.