Stock Abbreviation: Beilong Precision
Stock Code: 301567
Beilong Precision Technology Co., Ltd.
2026 Restricted Stock Incentive Plan
(Draft)
July 2026
Statement
The Company and all directors guarantee that this incentive plan draft and its summary contain no false records, misleading statements, or major omissions, and assume individual and joint legal liability for the authenticity, accuracy, and completeness of the content.
All incentive targets 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 grant or vesting arrangements, the incentive targets 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 2026 Restricted Stock Incentive Plan (Draft) of Beilong Precision Technology Co., Ltd. (hereinafter referred to as "Beilong Precision," "the Company," or "the Company") 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 Beilong Precision Technology Co., Ltd.
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The incentive tool adopted in this restricted stock incentive plan is restricted stock (Type II restricted stock). The source of the stock is the Company's A-share common stock issued to the incentive targets.
Incentive targets 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 in batches at the grant price. Such shares will be registered with China Securities Depository and Clearing Corporation. Before vesting, the restricted shares granted to the incentive targets do not carry shareholder rights, and such restricted shares may not be transferred, used for guarantees, or used to repay debts.
- The total amount of Type II restricted stock intended to be granted to the incentive targets under this plan is 1.3361 million shares, accounting for approximately 1.86% of the Company's total share capital of 72.00 million shares at the time of the announcement of this plan. Of this, 1.1440 million shares are granted for the first time, accounting for 85.62% of the total equity intended to be granted under this plan and 1.59% of the Company's total share capital of 72.00 million shares at the time of the announcement. The reserved portion is 0.1921 million shares, accounting for 14.38% of the total equity intended to be granted under this plan and 0.27% of the Company's total share capital of 72.00 million shares at the time of the announcement. The total number of underlying shares involved in all of the Company's equity incentive plans within the validity period does not exceed 20.00% of the Company's total share capital. The cumulative number of the Company's shares granted to any single incentive target through all equity incentive plans within the validity period does not exceed 1.00% of the Company's total share capital.
The reserved portion will have its grant targets determined within 12 months after this plan is reviewed and approved by the shareholders' meeting. The grant of the reserved portion shall be proposed by the Board of Directors, with the Board's Remuneration and Appraisal Committee expressing a clear opinion and lawyers providing professional opinions and issuing a legal opinion. After the Company makes full information disclosure on the designated website regarding details such as incentive shares, positions of incentive targets, and grant prices, the grant will be carried out in accordance with the provisions of this plan. If the incentive targets are not determined within 12 months, the reserved restricted shares will lapse.