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Beijing China Etek Service Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft) Summary June 2026
Statement The Company and all members of the Board of Directors guarantee that the contents of this incentive plan and its summary are true, accurate, and complete, without false records, misleading statements, or major omissions.
Special Notice
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The "Beijing China Etek Service Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" was formulated by Beijing China Etek Service Co., Ltd. (hereinafter referred to as "China Etek," "the Company," or "this Company") 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, and other relevant laws, administrative regulations, normative documents, and the Articles of Association.
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The incentive form adopted by the China Etek 2026 Restricted Stock Incentive Plan (hereinafter referred to as "this Incentive Plan") is second-type restricted stock. The source of the shares is the Company's RMB A-share common stock issued directly to the incentive targets and/or repurchased from the secondary market.
Incentive targets who meet the grant conditions of this Incentive Plan, upon satisfying the corresponding vesting conditions and arrangements, will obtain the Company's A-share common stock at the grant price during the vesting period. Such shares will be registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before the vesting of the restricted shares granted to the incentive targets, the incentive targets do not enjoy the rights of company shareholders, and the aforementioned restricted shares may not be transferred, used for guarantees, or used to repay debts.
- The number of restricted shares intended to be granted to the incentive targets under this Incentive Plan is 3.26 million shares, accounting for approximately 2.72% of the Company's total share capital of 120.0006 million shares as of the announcement date of the draft of this Incentive Plan. Among them, 3.06 million shares are granted for the first time, accounting for approximately 2.55% of the Company's total share capital at the time of the announcement of the draft of this Incentive Plan, and approximately 93.87% of the total equity granted this time; 0.20 million shares are reserved, accounting for approximately 0.17% of the Company's total share capital at the time of the announcement of the draft of this Incentive Plan, and approximately 6.13% of the total equity granted this time.
As of the announcement date of the draft of this Incentive Plan, the total 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. 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% of the Company's total share capital.
- There are a total of 204 incentive targets for the first grant under this Incentive Plan, including senior management and core backbone personnel serving in the Company (including subsidiaries, the same below) at the time of the Company's announcement of this Incentive Plan, excluding independent directors of China Etek, shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, their spouses, parents, children, and foreign employees.
Reserved incentive targets refer to incentive targets who have not yet been determined when this Incentive Plan is approved by the shareholders' meeting but will be included in this Incentive Plan during its duration. They shall be determined within 12 months after this Incentive Plan is reviewed and approved by the shareholders' meeting. The determination criteria for reserved incentive targets shall refer to the standards for the first grant.