Stock Code: 301555 Stock Abbreviation: Huiba New Material
Huiba New Material Technology (Shanghai) Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft) Summary
August 2026
Statement
The Company and all directors guarantee that this draft incentive plan and its summary contain no false records, misleading statements, or major omissions, and assume legal responsibility for their authenticity, accuracy, and completeness.
All incentive participants 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 conditions for granting or vesting of equity, the participants shall return all benefits obtained from this incentive plan to the Company after the relevant information disclosure documents are confirmed to contain such false records, misleading statements, or major omissions.
Special Notice
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The "Huiba New Material Technology (Shanghai) 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," the "Securities Law of the People's Republic of China," the "Administrative Measures for Equity Incentives of Listed Companies," the "Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange," the "Guidelines No. 1 for Self-Regulation of Listed Companies on the ChiNext Market — Business Handling," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association of Huiba New Material Technology (Shanghai) Co., Ltd."
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The incentive tool adopted in this Incentive Plan is restricted stock (Type II restricted stock). The source of the shares is the Company's A-share common stock issued directly to the incentive participants.
Participants who meet the grant conditions of this Incentive Plan will, upon satisfying the corresponding vesting conditions, obtain the Company's newly issued A-share common stock at the grant price in batches. Such shares will be registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before the vesting of the restricted stock, participants do not enjoy shareholder rights, and such restricted stock may not be transferred, used for guarantees, or used to repay debts.
- This Incentive Plan intends to grant no more than 1 million restricted shares to participants, accounting for approximately 1.08% of the Company's total share capital of 92.2667 million shares at the time of the announcement of this draft. This grant is a one-time grant with no reserved interests.
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 shares of the Company granted to any single participant through all equity incentive plans within the validity period does not exceed 1% of the Company's total share capital.
From the date of the announcement of this draft until the completion of the registration of the restricted stock vesting, if the Company undergoes capital reserve capitalization, stock dividends, share splits, rights issues, or share consolidations, the number of restricted shares granted/vested shall be adjusted accordingly.
- The grant price of the restricted stock under this Incentive Plan is 16.10 yuan/share.
From the date of the announcement of this draft until the completion of the registration of the restricted stock vesting, if the Company undergoes capital reserve capitalization, stock dividends, share splits, rights issues, share consolidations, or dividend distributions, the grant price of the restricted stock shall be adjusted accordingly.
- The total number of participants for the restricted stock grant under this Incentive Plan is 42, including directors, senior management, core technical personnel, and core key employees serving in the Company (including holding subsidiaries) at the time of the announcement of this Incentive Plan.