Statement
This company and its board of directors ensure that the contents of this incentive plan and its summary are true, accurate, and complete. There are no false records, misleading statements, or significant omissions.
Special Instructions
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The "Sinic-Tek Intelligent Technology Co., Ltd." (hereinafter referred to as "Sinic-Tek" or "the Company") 2026 Restricted Stock Incentive Plan (Draft) is formulated in accordance with the "Company Law of the People's Republic of China" and the "Securities Law of the People's Republic of China" and relevant regulations of the Shenzhen Stock Exchange.
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The 2026 Restricted Stock Incentive Plan (hereinafter referred to as "the Incentive Plan") adopts the form of a type of restricted stock. The source of the restricted stock is the company's own shares, and the plan is subject to the approval of the shareholders' meeting.
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The Incentive Plan proposes to grant a total of 310 million restricted shares, approximately 3% of the company's total equity. The initial grant will be 248 million shares, approximately 2.40% of the total equity. The remaining shares will be granted in subsequent phases.
| Item | Total Shares | Percentage |
|---|---|---|
| Initial Grant | 248 million | 2.40% |
| Total Restricted Shares | 310 million | 3.00% |
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The plan is subject to the approval of the shareholders' meeting and relevant regulatory authorities. The company will not be allowed to issue shares for a period exceeding 60 months.
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The company will not grant restricted stock to individuals who hold more than 5% of the company's shares or are independent directors, single or combined with family members.
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The company will disclose the details of the incentive plan in accordance with the relevant regulations and will ensure compliance with the laws and regulations governing the issuance of restricted stock.
Chapter 5: The Rights and Benefits of the Restricted Stock Incentive Plan
1. The Form of Rights Granted by the Restricted Stock Incentive Plan
The rights granted under this restricted stock incentive plan are in the form of second-class restricted shares.
2. The Sources and Types of Stock for the Rights Granted by the Restricted Stock Incentive Plan
The sources of the stock for the rights granted by the restricted stock incentive plan are the company's shares issued to the public and the A-shares of the company that are traded on the secondary market.