Stock Code: 300916 Stock Abbreviation: Langte Intelligent
Shenzhen Langte Intelligent Control Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft) Summary
July 2026
Statement
The Board of Directors and all directors of the Company 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 the authenticity, accuracy, and completeness of the content.
All incentive targets of the Company promise that if the Company's information disclosure documents contain false records, misleading statements, or major omissions, resulting in non-compliance with the grant of rights or vesting arrangements, the incentive targets 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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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 of the Shenzhen Stock Exchange No. 1—Business Handling, and other relevant laws, regulations, and normative documents, as well as the Articles of Association of Shenzhen Langte Intelligent Control Co., Ltd.
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The incentive form adopted by this incentive plan is restricted stock (Type II restricted stock). The source of the stock is the Company's targeted issuance of A-share common stock to the incentive targets.
Incentive targets who meet the grant conditions of this incentive plan will, upon satisfying the corresponding vesting conditions, obtain the Company's A-share common stock in batches at the grant price. Such shares will be registered with China Securities Depository and Clearing Corporation Limited. Before vesting, the restricted stock granted to the incentive targets does not carry shareholder rights, and such restricted stock may not be transferred, used for guarantees, or used to repay debts.
- The total number of restricted shares proposed to be granted to the incentive targets under this incentive plan is 4.33932 million shares, involving A-share common stock, accounting for approximately 3.000% of the total share capital of 144.644007 million shares on the date of the announcement of the draft incentive plan. Among them, 3.47160 million shares are granted for the first time, accounting for approximately 2.400% of the total share capital of 144.644007 million shares on the date of the announcement of the draft incentive plan, and 80.003% of the total restricted shares proposed to be granted under this incentive plan; 0.86772 million shares are reserved, accounting for approximately 0.600% of the total share capital of 144.644007 million shares on the date of the announcement of the draft incentive plan, and 19.997% of the total restricted shares proposed to be granted under this incentive plan.
As of the date of the announcement of this incentive plan, the cumulative number of underlying shares involved in all of the Company's equity incentive plans within the validity period does not exceed 20% of the Company's total share capital at the time of the announcement of the draft incentive plan. The cumulative number of the Company's shares granted to any single incentive target through all equity incentive plans within the validity period does not exceed 1% of the Company's total share capital at the time of the announcement of the draft incentive plan.
From the date of the announcement of this incentive plan until the vesting of the restricted shares granted to the incentive targets, if the Company undergoes capital reserve capitalization, stock dividend distribution, share subdivision or consolidation, or rights issues, the number of restricted shares granted will be adjusted accordingly in accordance with this incentive plan.