Stock Abbreviation: Tianzhen Shares
Stock Code: 301356
Zhejiang Tianzhen Technology Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft)
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 participants of the Company promise that if the Company fails to meet the conditions for granting rights or lifting restrictions due to false records, misleading statements, or major omissions in information disclosure documents, the participants shall return all benefits obtained from this incentive plan to the Company after such false records, misleading statements, or major omissions are confirmed.
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, normative documents, and the "Articles of Association of Zhejiang Tianzhen Technology Co., Ltd."
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The incentive tool adopted in this Incentive Plan is restricted stock (Type I restricted stock). The source of the shares is the Company's A-share common stock issued directly to the incentive participants by Zhejiang Tianzhen Technology Co., Ltd. (hereinafter referred to as the "Company").
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The Incentive Plan intends to grant a total of 1.55 million shares to the incentive participants, accounting for approximately 0.718% of the Company's total share capital at the time of the announcement of the draft. This grant is a one-time grant with no reserved interests. As of the announcement date of this Incentive Plan, the Company does not have other equity incentive plans for directors, senior management, core technical personnel, or employees. The total number of Company shares granted to any single participant through all equity incentive plans within their 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 for the Type I restricted stock under this Incentive Plan is 9.72 yuan per share. From the date of the announcement of this draft until the completion of the registration of the restricted stock, 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 restricted stock will be adjusted accordingly in accordance with the provisions of this Incentive Plan.
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A total of 6 participants are included in this Incentive Plan, accounting for 0.323% of the total number of company employees (1,857 people as of December 31, 2025). This includes senior management, middle and junior management, and core technical and business personnel serving in the Company (including subsidiaries) at the time of the announcement. Participants 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: