301298SZSE

Announcement on Confirmation of 2025 Directors, Supervisors, and Senior Management Compensation and 2026 Compensation Plan

✨ AI Summary

This announcement details the confirmation of compensation for directors, supervisors, and senior management for 2025, as well as the proposed compensation plan for 2026. The total pre-tax compensation for 2025 amounts to 599.34 million yuan. The 2026 compensation plan aims to enhance motivation and efficiency, with performance-based pay making up at least 50% of total compensation.

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Full Translation

AI Translation· azure_openai

Baoding Dongli Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the Company") held the 19th meeting of the 4th Board of Directors on March 30, 2026, to review and approve the proposal on the confirmation of compensation for directors, supervisors, and senior management for 2025 and the proposed compensation plan for 2026. This proposal is subject to approval at the Company's 2025 annual general meeting.

1. 2025 Compensation for Directors, Supervisors, and Senior Management

In 2025, the Company's independent directors will receive a fixed allowance of 120,000 yuan/year (pre-tax), paid monthly. The compensation for non-independent directors consists of a monthly salary and an annual bonus, with the monthly salary determined according to their specific positions in accordance with the Company's "Compensation Distribution System." The annual bonus is based on annual performance evaluations and includes corresponding allowances and benefits for similar positions. Supervisors' compensation is also based on their specific positions and includes a fixed allowance of 30,000 yuan/year (pre-tax). The supervisory board will be dissolved on July 31, 2025, and supervisor allowances will be paid according to their actual term of service. Senior management compensation consists of a monthly salary and an annual bonus, with the monthly salary determined according to the Company's "Compensation Distribution System," and the annual bonus based on annual performance evaluations, along with corresponding allowances and benefits.

The pre-tax compensation for directors, supervisors, and senior management for 2025 is as follows:

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