Stock Abbreviation: Shenling Environmental
Stock Code: 301018
Guangdong Shenling Environmental Systems Co., Ltd.
Third Restricted Stock Incentive Plan
(Draft)
August 2026
Statement
The Company and all members of the Board of 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 authenticity, accuracy, and completeness of its contents.
All incentive recipients 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 conditions for granting or vesting of equity, 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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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, the Articles of Association of Guangdong Shenling Environmental Systems Co., Ltd., and other relevant regulations.
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The incentive instrument adopted in this incentive plan is restricted stock (Type II restricted stock). The source of the shares is the Company's定向 issuance of A-share common stock to the incentive recipients.
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The number of restricted shares proposed to be granted under this incentive plan is 3.00 million shares, accounting for approximately 0.80% of the total share capital of the Company at the time of the announcement of this draft. Among them, 2.85 million shares are granted for the first time, accounting for approximately 0.76% of the total share capital at the time of the announcement of this draft, and 95.00% of the total equity proposed to be granted; 150,000 shares are reserved, accounting for approximately 0.04% of the total share capital at the time of the announcement of this draft, and 5.00% of the total equity proposed to be granted.
The total number of company shares involved in all equity incentive plans of the Company within the validity period does not exceed 20.00% of the total share capital of the Company at the time of the announcement of this draft; the cumulative number of company shares granted to any one incentive recipient through all equity incentive plans within the validity period does not exceed 1.00% of the total share capital of the Company at the time of the announcement of this draft.
- The number of incentive recipients for the initial grant under this incentive plan does not exceed 219 people, including directors, senior management, and other core employees of the Company (including subsidiaries). The determination of incentive recipients for the reserved grant shall refer to the standards for the initial grant.
Incentive recipients participating in this incentive plan do not include independent directors of the Company, which complies with the provisions of Article 8.4.2 of the Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange, and there are no circumstances that disqualify them from being incentive recipients:
(1) Having been identified as an inappropriate candidate by the stock exchange in the last 12 months;
(2) Having been identified as an inappropriate candidate by the China Securities Regulatory Commission (CSRC) and its dispatched offices in the last 12 months;
(3) Having been subject to administrative penalties or market entry bans by the CSRC and its dispatched offices in the last 12 months due to major violations of laws and regulations;
(4) Having circumstances stipulated by the Company Law that prohibit serving as a director or senior manager of the company;
(5) Being prohibited from participating in equity incentives of listed companies as stipulated by laws and regulations;
(6) Other circumstances recognized by the CSRC.