Stock Abbreviation: Tianzhen Shares
Stock Code: 301356
Zhejiang Tianzhen Technology Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft) Summary
August 2026
Statement
The Company and all directors and senior management 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 granting of rights or the lifting of sales restrictions, 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 "Zhejiang Tianzhen Technology Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "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," "Continuous Supervision Measures for Listed Companies on the ChiNext Market (Trial)," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association of Zhejiang Tianzhen Technology Co., Ltd."
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The incentive tool adopted by this Incentive Plan is restricted stock (Type I restricted stock). The source of the stock is the Company's A-share common stock issued by Zhejiang Tianzhen Technology Co., Ltd. (hereinafter referred to as the "Company") to the incentive recipients.
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The total number of rights to be granted under this Incentive Plan is 1.55 million shares, accounting for approximately 0.718% of the Company's total share capital at the time of the announcement of the Incentive Plan draft. This grant is a one-time grant with no reserved rights.
As of the date of the announcement of this Incentive Plan, the Company does not have any other equity incentive plans in place for directors, senior management, core technical personnel, or employees. The cumulative number of the Company's shares granted to any single incentive recipient through all equity incentive plans within the validity period shall not exceed 1% of the Company's total share capital at the time the Incentive Plan is submitted to the shareholders' meeting for deliberation.
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The grant price of the Type I restricted stock under this Incentive Plan is 9.72 yuan/share. From the date of the announcement of the Incentive Plan draft to the completion of the registration of the Type I restricted stock granted to the incentive recipients, if the Company undergoes capital reserve conversion, stock dividend distribution, share subdivision or consolidation, rights issue, or dividend payment, the grant price and quantity of the Type I restricted stock will be adjusted accordingly in accordance with the relevant provisions of this Incentive Plan.
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The total number of incentive recipients under this Incentive Plan is 6, accounting for 0.323% of the total number of company employees (1,857 employees as of December 31, 2025), including senior management, middle and junior management, and core technical and business personnel serving in the Company (including subsidiaries) at the time of the announcement of this Incentive Plan.
Incentive recipients participating in this Incentive Plan do not include independent directors, shareholders or actual controllers who individually or collectively hold 5% or more of the shares, or their spouses, parents, or children. They all comply with the provisions of Article 8 of the "Administrative Measures for Equity Incentives of Listed Companies" and the "Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange," and do not fall under the following circumstances where they are prohibited from becoming incentive recipients: