Stock Code: 301580 Stock Abbreviation: ADT
ADT (Qinhuangdao) Technology Co., Ltd.
2026 Restricted Stock Incentive Plan (Revised Draft)
August 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 individual and joint legal responsibility for the authenticity, accuracy, and completeness of its contents.
All incentive recipients of the Company undertake that if the Company's information disclosure documents contain false records, misleading statements, or major omissions, leading to non-compliance with the conditions for granting or vesting of equity, the incentive recipients shall return all benefits obtained from this incentive plan to the Company after such false records, misleading statements, or major omissions are confirmed.
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, upon satisfying the corresponding vesting conditions, obtain the Company's newly issued A-share common stock at the grant price. Such shares will be registered with 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 shareholders of the Company, 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 2,666,000 shares, representing approximately 1.787% 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, 2,136,000 shares will be granted for the first time, representing approximately 1.432% of the total share capital at the time of the announcement of the draft incentive plan, and 80.12% of the total equity proposed to be granted; 530,000 shares are reserved, representing approximately 0.355% of the total share capital at the time of the announcement of the draft incentive plan, and 19.88% of the total equity proposed to be granted.
As of the date of the announcement of this draft 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 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 the draft incentive plan until the completion of the registration of the vesting of restricted shares by the incentive recipients, if the Company undergoes capital reserve capitalization, issuance of stock dividends, share splits or consolidations, rights issues, or dividend distributions, the grant price and/or number of restricted shares will be adjusted accordingly in accordance with the relevant provisions of this incentive plan.