Stock Code: 301000 Stock Abbreviation: Zhaomin Technology
Bond Code: 123275 Bond Abbreviation: Zhaomin Convertible Bonds
Shanghai Zhaomin New Material Technology Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft)
August 2026
Statement
The Company and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements, or major omissions, and assume legal responsibility for the truthfulness, 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 exercising rights due to false records, misleading statements, or major omissions in 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 "Shanghai Zhaomin New Material Technology Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as "this 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," "Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange," "Guidelines No. 1 for Self-Regulation of Listed Companies on the ChiNext Market — Business Handling," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association of Shanghai Zhaomin New Material Technology Co., Ltd."
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The incentive tool adopted in this Incentive Plan is restricted stock (Type II restricted stock). The source of the stock is the Company's A-share common stock issued by Shanghai Zhaomin New Material Technology Co., Ltd. (hereinafter referred to as the "Company") to the incentive recipients.
Incentive recipients who meet the grant conditions of this Incentive Plan may obtain the Company's A-share common stock in batches at the grant price after meeting the corresponding vesting conditions. Such stocks will be registered at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before the vesting of the restricted stocks, the incentive recipients do not enjoy shareholder rights and may not transfer, pledge, or use them to repay debts.
- The total number of restricted stocks intended to be granted to incentive recipients under this Incentive Plan is 818,000 shares, accounting for approximately 0.34% of the Company's total share capital of 243,220,636 shares on the date of the announcement of this Incentive Plan draft. Among them, 658,000 restricted stocks are to be granted for the first time, accounting for approximately 0.27% of the Company's total share capital on the date of the announcement of this Incentive Plan draft, and 80.44% of the total restricted stocks intended to be granted under this Incentive Plan; 160,000 restricted stocks are reserved, accounting for approximately 0.07% of the Company's total share capital on the date of the announcement of this Incentive Plan draft, and 19.56% of the total restricted stocks intended to be granted under this Incentive Plan.
As of the date of the announcement of this Incentive Plan draft, the 2024 Restricted Stock Incentive Plan approved by the Company's 2024 Second Extraordinary General Meeting of Shareholders is still within its validity period, with a total of 1,496,000 restricted stocks granted (including initial, reserved, and remaining reserved). The total number of underlying stocks 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 this Incentive Plan draft. The total number of the Company's stocks granted to any single incentive recipient 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 this Incentive Plan draft.