Hangzhou Chang Chuan Technology Co.Ltd(300604)
The first grant of restricted stock incentive plan in 2022 by the board of supervisors
Verification opinions on the list of incentive objects (as of the first grant date)
Hangzhou Chang Chuan Technology Co.Ltd(300604) (hereinafter referred to as “the company”) the sixth meeting of the third board of supervisors was held in the company’s conference room on March 11, 2022, and the proposal on granting restricted shares to incentive objects for the first time was deliberated and adopted.
In accordance with the company law of the people’s Republic of China (hereinafter referred to as the “company law”), the securities law of the people’s Republic of China (hereinafter referred to as the “Securities Law”) and the measures for the administration of equity incentive of listed companies (hereinafter referred to as the “administrative measures”) Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020) (hereinafter referred to as “Listing Rules”) and other relevant laws, regulations and normative documents, as well as the company’s 2022 restricted stock incentive plan (Draft) (hereinafter referred to as “incentive plan”, “this incentive plan” and “this incentive plan”) In accordance with the provisions of the Hangzhou Chang Chuan Technology Co.Ltd(300604) articles of Association (hereinafter referred to as the “articles of association”), the list of some incentive objects first granted by the 2022 restricted stock incentive plan (as of the first grant date) was reviewed, and the verification opinions are as follows:
1. Some incentive objects granted by this incentive plan for the first time do not have the circumstances that they are not allowed to become incentive objects as stipulated in Article 8 of the administrative measures and article 8.4.2 of the Listing Rules:
(1) Being identified as an inappropriate candidate by the stock exchange within the last 12 months;
(2) In the last 12 months, it has been identified as an inappropriate candidate by the CSRC and its dispatched offices;
(3) Being administratively punished by the CSRC and its dispatched offices or taking market entry prohibition measures for major violations of laws and regulations in the last 12 months;
(4) Those who are not allowed to serve as directors or senior managers of the company as stipulated in the company law;
(5) Those who are not allowed to participate in the equity incentive of listed companies according to laws and regulations;
(6) Other circumstances recognized by the CSRC.
2. The incentive objects granted by this restricted stock incentive plan for the first time are the core personnel of the company (including holding subsidiaries and branches, the same below), who must have an employment relationship or labor relationship with the company or its branches and holding subsidiaries within the validity period of this incentive plan. There are no supervisors and independent directors of the company among the incentive objects, excluding foreigners, shareholders or actual controllers who individually or jointly hold more than 5% of the shares of the company and their spouses, parents and children.
3. The incentive objects granted for the first time have the qualifications specified in the company law, securities law and other laws, regulations and normative documents as well as the articles of association, meet the conditions of incentive objects specified in the administrative measures and listing rules, and meet the scope of incentive objects specified in the incentive plan and its summary, As the subject qualification of the incentive object of the company’s restricted stock incentive plan is legal and effective, and the conditions for the incentive object to be granted restricted stock have been achieved.
4. The first grant date determined by the board of directors of the company complies with the relevant provisions of the administrative measures and the incentive plan on the grant date. Neither the company nor the incentive object is allowed to grant restricted shares.
To sum up, the board of supervisors agreed to the list of incentive objects granted for the first time in the company’s incentive plan, agreed that the first grant date of the company’s restricted stock incentive plan was March 11, 2022, and agreed to grant 4.2 million class II restricted shares to 156 incentive objects meeting the grant conditions at 25.17 yuan / share.
Hangzhou Chang Chuan Technology Co.Ltd(300604) board of supervisors
March 13, 2022
