Shenzhen Longli Technology Co.Ltd(300752)
Management measures for the assessment of the implementation of stock option incentive plan in 2022
In order to ensure the smooth implementation of the stock option incentive plan of Shenzhen Longli Technology Co.Ltd(300752) (hereinafter referred to as "the company") in 2022, further improve the corporate governance structure, establish and improve the company's incentive and restraint mechanism, form a good and balanced value distribution system, attract and retain excellent talents, fully mobilize the enthusiasm and creativity of the company's employees, make them work more honestly and diligently, and ensure the realization of the company's development strategy and business objectives, In accordance with the company law of the people's Republic of China, the securities law of the people's Republic of China, the measures for the administration of equity incentive of listed companies and other relevant laws and regulations, as well as the provisions of Shenzhen Longli Technology Co.Ltd(300752) articles of association, and in combination with the actual situation of the company, this assessment management method is formulated.
1、 Assessment purpose
Further improve the corporate governance structure, establish and improve the company's incentive and restraint mechanism, ensure the smooth implementation of the equity incentive plan, and give full play to the role of equity incentive to the greatest extent, so as to ensure the realization of the company's development strategy and business objectives.
2、 Assessment principle
The assessment and evaluation must adhere to the principles of fairness, openness and fairness, and evaluate in strict accordance with these measures and the performance of the assessment objects, so as to realize the close combination of the equity incentive plan with the work performance and contribution of the incentive objects, so as to improve the management performance and maximize the interests of the company and all shareholders.
3、 Assessment scope
The measures are applicable to all incentive objects determined in the 2022 stock option incentive plan, including but not limited to directors, senior managers, middle and senior managers and core business (technical) backbone.
4、 Assessment organization
(I) the remuneration and assessment committee of the board of directors is responsible for the organization, review and assessment of this equity incentive;
(II) the general manager's office, human resources department and Finance Department of the company shall form an assessment working group to be responsible for the specific implementation of the assessment, and the assessment working group shall be responsible for and report to the salary and assessment committee;
(III) human resources department, finance department and other relevant departments are responsible for the collection and provision of relevant assessment data, and are responsible for the authenticity and reliability of the data;
(IV) the board of directors of the company is responsible for reviewing the assessment results.
5、 Performance evaluation indicators and standards
(I) performance assessment requirements at the company level
The stock options granted in the plan will be subject to performance assessment from 2022 to 2023, once every fiscal year, so as to meet the company's performance assessment objectives as the exercise conditions of incentive objects. The performance assessment objectives of the company in each year are shown in the table:
Performance assessment objectives during the exercise period
In the first exercise period, the audited net profit in 2022 shall not be less than 80 million yuan
In the second exercise period, the audited net profit in 2023 shall not be less than 200 million yuan
Note: 1. The above indicators are subject to the audited annual data of the company;
2. The above performance assessment objectives do not belong to the performance commitments made by the company to investors.
If the company fails to meet the above performance assessment objectives, all stock options of all incentive objects planned to exercise in the year corresponding to the assessment shall be cancelled by the company.
(II) performance appraisal requirements at individual level
The individual level performance appraisal shall be organized and implemented in accordance with the relevant provisions of the company's current salary and appraisal, and the exercise proportion shall be determined according to the appraisal results of the incentive object. The actual exercise amount of the incentive object in the current year = the standard coefficient × The individual's planned exercise limit of the current year.
The company will assess the comprehensive evaluation of the incentive object in each assessment year according to the relevant management measures of the company's performance evaluation. The performance evaluation results of the incentive object are divided into three grades: a (excellent), B (qualified) and C (unqualified). At that time, the actual exercisable proportion of each incentive object will be determined according to the following assessment and rating ratio:
Evaluation result a (excellent) B (qualified) C (unqualified)
Exercise coefficient 1 0.5 0
The stock options that cannot be exercised in the current year shall be cancelled by the company.
6、 Assessment period and times
(I) assessment period
The fiscal year before the stock option granted to the incentive object can be exercised.
(II) assessment times
The assessment year of this equity incentive plan is two fiscal years from 2022 to 2023, and it is implemented once a year.
7、 Assessment procedure
Under the guidance of the salary and appraisal committee, the company's appraisal working group is responsible for the specific appraisal work, saves the appraisal results, forms a performance appraisal report on this basis and submits it to the salary and appraisal committee.
8、 Feedback and application of assessment results
1. The appraisee has the right to know his own appraisal results, and the employee's direct supervisor shall notify the appraisee of the appraisal results within 5 working days after the appraisal.
2. If the appraisee has any objection to his assessment results, he can communicate with the human resources department for settlement. If it cannot be solved through communication, the assessed object can appeal to the salary and assessment committee, which can review the assessment results according to the actual situation and determine the final assessment result or grade.
3. The assessment results shall be used as the basis for the exercise of stock options.
9、 Filing of assessment results
1. After the assessment, the human resources department of the company shall keep all assessment records and files of performance assessment, and the assessment results shall be kept as confidential information.
2. In order to ensure the effectiveness of performance incentive, no alteration is allowed on the performance record. If it is necessary to modify or re record, it must be signed by the party concerned.
3. The results of performance appraisal shall be archived and kept as confidential information, and shall be uniformly destroyed by the human resources department three years after the end of the plan. 10、 Supplementary Provisions
(I) the board of directors is responsible for formulating, interpreting and revising these measures. In case of any conflict between these measures and the laws, administrative regulations and departmental rules issued and implemented in the future, the laws, administrative regulations and departmental rules issued and implemented in the future shall prevail. (II) these Measures shall be implemented from the date of deliberation and approval by the general meeting of shareholders and after the equity incentive plan comes into force.
Shenzhen Longli Technology Co.Ltd(300752)
Board of directors
April 1, 2022
