Stock Code: 301580 Stock Abbreviation: ADT
ADT (Qinhuangdao) Technology Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft) Summary
ADT (Qinhuangdao) Technology Co., Ltd. June 2026
Statement
The Company and all members of the Board of Directors guarantee that the contents of this announcement do not contain any false records, misleading statements, or major omissions, and bear legal responsibility for the authenticity, accuracy, and completeness of its contents.
All incentive recipients of the Company undertake that if the Company fails to meet the conditions for granting or vesting of rights and interests due to false records, misleading statements, or major omissions in the information disclosure documents, the incentive recipients 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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This 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 for Self-Regulation of Listed Companies on the ChiNext Market No. 1 — Business Handling, and other relevant laws, regulations, and normative documents, as well as the Articles of Association of ADT (Qinhuangdao) Technology 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 recipients by ADT (Qinhuangdao) Technology Co., Ltd. (hereinafter referred to as the "Company").
Incentive recipients who meet the grant conditions of this incentive plan will obtain the Company's newly issued A-share common stock in batches after meeting the corresponding vesting conditions. Such shares will be registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before vesting, the restricted stocks granted to the incentive recipients do not carry shareholder rights, and such restricted stocks may not be transferred, used for guarantees, or used to repay debts.
- The number of restricted stocks proposed to be granted under this incentive plan shall not exceed 2,712,500 shares, accounting for approximately 1.818% of the Company's total share capital of 149,190,351 shares at the time of the announcement of the draft incentive plan. Among them, 2,172,500 shares are granted for the first time, accounting for approximately 1.456% of the total share capital at the time of the announcement and 80.09% of the total equity proposed to be granted; 540,000 shares are reserved, accounting for approximately 0.362% of the total share capital at the time of the announcement and 19.91% of the total equity proposed to be granted.
As of the date of the announcement of this 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 cumulative number of the Company's shares granted to any single incentive recipient through all equity incentive plans within the validity period does not exceed 1% of the Company's total share capital.
- The grant price of the restricted stocks (including reserved grants) under this incentive plan is 22.15 yuan/share.
From the date of the announcement of this incentive plan draft until the completion of the registration of the restricted stock vesting by the incentive recipients, if the Company undergoes capital reserve capitalization, stock dividend distribution, share subdivision or consolidation, rights issue, or dividend payment, the grant price and/or quantity of the restricted stocks will be adjusted accordingly in accordance with the relevant provisions of this incentive plan.