[Chart: Allied Industrial Logo]
Shanghai Allied Industrial Group Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)
August 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 Tips
-
The "Shanghai Allied Industrial Group Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as "Allied Industrial," "Company," or "this Company") 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," "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 1 — Business Handling," and other relevant laws, administrative regulations, normative documents, and the "Articles of Association."
-
The incentive form adopted by the Allied Industrial 2026 Restricted Stock Incentive Plan (hereinafter referred to as "this Incentive Plan") is second-class restricted stock. The stock source is the Company's RMB A-share common stock issued to the incentive targets and/or the Company's RMB A-share common stock repurchased from the secondary market.
Incentive targets who meet the grant conditions of this Incentive Plan will obtain the Company's A-share common stock at the grant price during the vesting period after satisfying the corresponding vesting conditions and arrangements. Such shares will be registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before the vesting of the restricted stock granted to the incentive targets, the incentive targets do not enjoy shareholder rights, and the aforementioned restricted stock 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 2.25 million shares, accounting for 1.50% of the Company's total share capital of 150 million shares on the date of the announcement of the draft incentive plan. Among them, 1.98 million shares are granted for the first time, accounting for 1.32% of the total share capital on the announcement date, and 88.00% of the total equity granted this time; 270,000 shares are reserved, accounting for 0.18% of the total share capital on the announcement date, and 12.00% of the total equity granted this time.
As of the date of the announcement of this draft 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 36 incentive targets for the initial grant under this Incentive Plan, including directors, senior management, and core technical/business/management personnel serving in the Company (including subsidiaries, the same below) at the time of the announcement of this Incentive Plan. It does not include independent directors of Allied Industrial, shareholders or actual controllers who hold 5% or more of the shares individually or in aggregate, their spouses, parents, children, or foreign employees.
Reserved incentive targets refer to incentive targets who have not been determined when this Incentive Plan is approved by the shareholders' meeting but are included in this Incentive Plan during its duration. They shall be determined within 12 months after this Incentive Plan is approved by the shareholders' meeting. The determination criteria for reserved incentive targets shall refer to the standards for the initial grant.