301223SZSE
🚨 Material Event

2026 Employee Stock Ownership Plan (Draft)

Zhongrong Co., Ltd.··26 pages

✨ AI Summary

Zhongrong Printing Group Co., Ltd. has proposed its 2026 Employee Stock Ownership Plan to incentivize core personnel. The plan involves the repurchase of 4,232,823 A-shares at 8.35 yuan per share, representing 2.19% of the total share capital. Participation is limited to 52 initial employees, including directors and core staff. The plan includes a 60-month duration and a tiered unlocking schedule based on performance and tenure, aimed at aligning employee interests with long-term company growth.

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Full Translation

AI Translation· gemini_document

Stock Abbreviation: Zhongrong Shares

Stock Code: 301223

Zhongrong Printing Group Co., Ltd.

2026 Employee Stock Ownership Plan

(Draft)

August 2026

Statement

The Company and all directors and senior management guarantee that the contents of this Employee Stock Ownership Plan do not contain any false records, misleading statements, or major omissions, and assume individual and joint legal responsibility for the authenticity, accuracy, and completeness of the contents of this Employee Stock Ownership Plan.

Risk Warning

  1. This Employee Stock Ownership Plan can only be implemented after being reviewed and approved by the Company's general meeting of shareholders. There is uncertainty as to whether it will be approved by the general meeting of shareholders.

  2. The elements of this Employee Stock Ownership Plan, such as the source of funds, source of shares, and participants, are preliminary results. There is uncertainty as to whether it can be successfully implemented.

  3. If the subscription funds from the participants of this Employee Stock Ownership Plan are insufficient, there is a risk that this Employee Stock Ownership Plan may not be established or may be lower than the expected scale.

  4. The Company will disclose the progress of this Employee Stock Ownership Plan in a timely manner in accordance with relevant regulations. Investors are advised to make decisions cautiously and pay attention to investment risks.

Special Tips

  1. This Employee Stock Ownership 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 Guiding Opinions on Pilot Projects for Employee Stock Ownership Plans of Listed Companies, the Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2 — Standardized Operation of Companies Listed on the ChiNext Market, the Articles of Association of Zhongrong Printing Group Co., Ltd., and other regulations.

  2. This Employee Stock Ownership Plan follows the principles of legality, compliance, voluntary participation, and risk-taking, and there is no situation where employees are forced to participate through apportionment or mandatory allocation.

  3. The source of shares for this Employee Stock Ownership Plan is A-share common shares repurchased by the Company through centralized bidding transactions (hereinafter referred to as the "Target Shares").

  4. The source of funds for this Employee Stock Ownership Plan is self-raised funds by the participants, including but not limited to the participants' legal remuneration, self-owned funds, and funds obtained through other methods permitted by laws and regulations. This Employee Stock Ownership Plan does not involve the Company providing financial assistance to participants or providing guarantees for participant loans, does not involve leveraged funds, and does not involve third parties providing rewards, funding, subsidies, or bottom-line arrangements for participants.

  5. The number of participants in the initial grant of this Employee Stock Ownership Plan is expected to be 52, including 7 directors and senior management personnel of the Company, and 45 other core employees of the Company (including subsidiaries). It does not include independent directors of the Company, shareholders who individually or collectively hold more than 5% of the Company's shares, or actual controllers and their spouses, parents, and children. The actual implementation shall prevail.

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