Chapter 1 General Principles
Article 1
To further improve the compensation management system of Wuhan Dier Laser Technology Co., Ltd. (hereinafter referred to as "the Company"), establish a scientific and effective incentive and restraint mechanism, fully motivate the work enthusiasm of senior management personnel, and enhance the operational management efficiency of the Company, this system is formulated in accordance with the "Company Law of the People's Republic of China," "Code of Corporate Governance for Listed Companies," "Shenzhen Stock Exchange GEM Listing Rules," and other regulations, combined with the actual situation of the Company.
Article 2
This system applies to senior management personnel as stipulated in the "Articles of Association" of the Company.
Article 3
The senior management personnel compensation system of the Company adheres to the following principles:
- Based on job value, prioritize performance, and reflect the value concept of sharing benefits and bearing risks with the Company.
- Linked to the Company's performance and work objectives, coordinated with the Company's sustainable development.
- Emphasizes both incentives and constraints, reflecting a results-oriented approach.
- Open, fair, and transparent.
Chapter 2 Total Salary Determination Mechanism and Management Organization
Article 4
The Compensation and Assessment Committee of the Board of Directors is the management body responsible for formulating the compensation policies and plans for senior management personnel, clarifying the basis for determining compensation and its specific components, and supervising and verifying the implementation of the plans based on the assessment criteria it formulates. The compensation plans for senior management personnel are approved by the Board of Directors, explained to the shareholders' meeting, and fully disclosed.