Kaizhong Precision plans to implement a stock option incentive plan for 2025 and clarifies the assessment methods

Shenzhen Kaizhong Precision Technology Co., Ltd. plans to implement a stock option incentive plan for 2025 to establish a long-term incentive mechanism and has formulated the "2025 Stock Option Incentive Plan Assessment Management Measures." The purpose of the assessment is to improve corporate governance and ensure the achievement of strategic and operational goals. The assessment targets are the relevant personnel identified in the incentive plan. The assessment organization has clear divisions of responsibility, with the board of directors responsible for final review. The company's performance assessment sets two exercise periods for 2025 - 2026, with net profits not less than 200 million and 220 million yuan, respectively; individual performance assessments are also divided into two years, with the exercise ratio determined based on the results. Stock options that do not meet the assessment standards will be canceled. Assessment results can be appealed and will be archived. The measures will be implemented after being reviewed and approved by the shareholders' meeting and the incentive plan takes effect