Stock Code: 301580 Stock Abbreviation: ADT
ADT (Qinhuangdao) Technology Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)
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 assume 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 rights or the vesting of rights due to false records, misleading statements, or major omissions in the Company's 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 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 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 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. These shares will be registered at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Before the vesting of the restricted shares, the incentive recipients do not enjoy the rights of company shareholders, and such restricted shares may not be transferred, used for guarantees, or used to repay debts.
- The number of restricted shares proposed to be granted under this incentive plan shall not exceed 2,712,500 shares, representing approximately 1.818% of the Company's total share capital of 149,190,351 shares at the time of the announcement of this incentive plan draft. Among them, 2,172,500 shares will be granted for the first time, accounting for approximately 1.456% of the Company's total share capital at the time of the announcement of the draft, and 80.09% of the total proposed equity grants; 540,000 shares are reserved, accounting for approximately 0.362% of the Company's total share capital at the time of the announcement of the draft, and 19.91% of the total proposed equity grants.
As of the date of the announcement of this incentive plan draft, 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 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 shares (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 shares by the incentive recipients, if the Company undergoes capital reserve conversion, stock dividend distribution, share split or consolidation, rights issue, or dividend payment, the grant price and/or quantity of the restricted shares will be adjusted accordingly in accordance with the relevant provisions of this incentive plan.