Stock Abbreviation: Zhonglan Environmental
Stock Code: 300854
Zhonglan Environmental Technology Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft) Summary
July 2026
Statement
The Company and all directors guarantee that this incentive plan draft 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 targets of the Company promise that if the Company fails to meet the conditions for granting equity or lifting restrictions due to false records, misleading statements, or major omissions in information disclosure documents, the incentive targets shall return all benefits obtained from participating in this incentive plan to the Company after the relevant information disclosure documents are confirmed to contain such false records, misleading statements, or major omissions.
Special Notice
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The "Zhonglan Environmental Technology Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan") is formulated 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, and normative documents, as well as the "Articles of Association of Zhonglan Environmental Technology Co., Ltd."
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The incentive tool adopted in this Incentive Plan is restricted stock (Type I restricted stock). The stock source is the Company's RMB A-share common stock issued by Zhonglan Environmental Technology Co., Ltd. (hereinafter referred to as "Zhonglan Environmental," "the Company," or "this Company") to the incentive targets.
The Company intends to grant 4.00 million restricted shares to the incentive targets, accounting for approximately 2.86% of the Company's total share capital of 139.8166 million shares at the time of the announcement of this Incentive Plan. This grant is a one-time grant with no reserved equity.
As of the date of the announcement of this Incentive Plan draft, the total number of underlying 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 incentive target 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 to the completion of the grant registration of the restricted shares to the incentive targets, if the Company undergoes capital reserve conversion, stock dividend distribution, share split or consolidation, or rights issue, the number of restricted shares will be adjusted accordingly.
- The grant price of the restricted shares under this Incentive Plan is 8.12 yuan/share.
From the date of the announcement of this Incentive Plan to the completion of the grant registration of the restricted shares to the incentive targets, if the Company undergoes capital reserve conversion, stock dividend distribution, share split or consolidation, rights issue, or dividend payment, the grant price of the restricted shares will be adjusted accordingly.
- The total number of incentive targets for the restricted shares to be granted under this Incentive Plan is 37, including directors, senior management, middle management, and core technical (business) personnel serving in the Company (including holding subsidiaries and branches, the same below) at the time of the announcement of this Incentive Plan, excluding independent directors, foreign employees, shareholders or actual controllers who hold 5% or more of the shares individually or in aggregate, and their spouses, parents, and children.