江苏澄星磷化工股份有限公司 董事会薪酬与考核委员会 关于公司 2025 年限制性股票激励计划相关事项的核查意见 江苏澄星磷化工股份有限公司（以下简称"公司"）董事会薪酬与考核委员会 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国 证券法》（以下简称"《证券法》"）、《上市公司股权激励管理办法》（以下简 称"《管理办法》"）等有关法律法规、规章、规范性文件和《公司章程》的有关 规定，对公司 2025 年限制性股票激励计划相关事项进行了认真审阅，发表核查 意见如下： 权激励计划的情形，公司具备实施激励计划的主体资格； 《证券法》《管理办法》等法律、法规、规范性文件和《公司章程》的有关规定， 对激励对象限制性股票的授予安排、解除限售安排未违反相关法律、法规、规范 性文件的规定； 或安排。 分调动公司管理人员和员工的积极性，提高经营管理水平，不存在损害上市公司 及全体股东的利益。 计划相关议案时，关联董事均已回避表决； 规范性文件和《公司章程》的规定；考核体系具备全面性、综合性及可操作性， 有利于提升被激励对象对公司的凝聚力，同时对激励对象具有约束效果，能够达 到本次限制性股票激励计划的考核 ...

Core Viewpoint - Jiangsu Chengxing Phosphate Chemical Co., Ltd. has developed a Restricted Stock Incentive Plan for 2025 to attract and retain talent, aligning the interests of shareholders, the company, and core team members to ensure long-term development and achievement of strategic goals [1][2]. Group 1: Assessment Objectives and Principles - The purpose of the assessment is to improve the corporate governance structure and establish an effective incentive mechanism to ensure the successful implementation of the stock incentive plan [2]. - The assessment must adhere to principles of fairness, openness, and justice, closely linking the incentive plan with the performance and contributions of the incentivized individuals [2][3]. Group 2: Assessment Scope and Institutions - The assessment applies to all participants in the restricted stock incentive plan [2]. - The Board's Compensation and Assessment Committee is responsible for leading the assessment, while the Talent Strategy Management Department is tasked with the implementation [3]. Group 3: Performance Assessment Indicators and Standards - The performance assessment for the company level includes annual targets for operating income and net profit attributable to shareholders for the years 2025 to 2027, with specific target values set for each year [3][4]. - The first year (2025) targets are set at 3.8 billion yuan for operating income and 220 million yuan for net profit, with subsequent years increasing to 4.3 billion yuan and 700 million yuan in 2026, and 5 billion yuan and 1.6 billion yuan in 2027 [4]. Group 4: Individual Performance Assessment - Individual performance assessments will be conducted according to existing compensation regulations, determining the actual number of shares that can be released based on personal performance results [5][6]. - If the company-level performance meets the standards, the actual number of shares released will be calculated based on the company-level release ratio and the individual performance ratio [6]. Group 5: Assessment Period and Procedures - The assessment period for the incentive plan spans three fiscal years from 2025 to 2027, with assessments conducted annually [6]. - The Talent Strategy Management Department will maintain the assessment results and submit a performance assessment report to the Board's Compensation and Assessment Committee [6][7]. Group 6: Assessment Results Management - Participants have the right to know their assessment results, which must be communicated within five working days after the assessment [7]. - If there are disputes regarding the assessment results, participants can appeal to the Compensation and Assessment Committee, which will review and finalize the results within ten working days [7].

Core Viewpoint - The independent financial advisory report outlines the stock incentive plan for Jiangsu Chengxing Phosphate Chemical Co., Ltd., detailing the conditions, beneficiaries, and implications for the company's performance and shareholder interests [1][19][27]. Group 1: Incentive Plan Overview - The stock incentive plan involves granting 20 million restricted stocks, representing 3.02% of the company's total share capital of 662.5729 million shares [6][8]. - The plan targets 86 individuals, approximately 3.71% of the total workforce of 2,317 employees, including directors, senior management, and key personnel [6][7]. - The grant price for the restricted stocks is set at 3.21 RMB per share, which is aligned with regulatory requirements [14][22]. Group 2: Performance Conditions - The release of the restricted stocks is contingent upon achieving specific performance targets over three years, with revenue targets of 3.8 billion RMB in 2025, 4.3 billion RMB in 2026, and 5 billion RMB in 2027 [17][18]. - The performance assessment will consider both company-level and individual-level metrics, ensuring alignment between management incentives and shareholder interests [27][28]. Group 3: Compliance and Feasibility - The plan complies with relevant laws and regulations, ensuring that it does not harm the interests of the company or its shareholders [19][21]. - The financial advisor confirms that the plan's execution procedures are feasible and align with the company's strategic goals [20][21]. Group 4: Impact on Company and Shareholders - The implementation of the incentive plan is expected to positively influence the company's operational sustainability and shareholder equity by aligning management's interests with those of the shareholders [26][27]. - The plan is designed to foster long-term performance improvements, linking stock price appreciation to the overall success of the company [27].

北京市海问律师事务所 关于江苏澄星磷化工股份有限公司 法律意见书 海问律师事务所 HAIWEN & PARTNERS 北京市海问律师事务所 地址：北京市朝阳区东三环中路 5 号财富金融中心 20 层（邮编 100020） Address：20/F, Fortune Financial Center, 5 Dong San Huan Central Road, Chaoyang District, Beijing 100020, China 电话(Tel)：(+86 10) 8560 6888 传真(Fax)：(+86 10) 8560 6999 www.haiwen-law.com 北京 BEIJING 丨上海 SHANGHAI 丨深圳 SHENZHEN 丨香港 HONG KONG 丨成都 CHENGDU 北京市海问律师事务所 关于江苏澄星磷化工股份有限公司 法律意见书 致：江苏澄星磷化工股份有限公司 北京市海问律师事务所（以下简称"本所"）是具有中华人民共和国（以下简 称"中国"）法律执业资格的律师事务所。本所受江苏澄星磷化工股份有限公司（以 下简称"公司"）的委托，担任公司的法律顾问，就公司实施的 202 ...

序号 姓名 职务 江苏澄星磷化工股份有限公司 | 江苏澄星磷化工股份有限公司 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 一、激励对象名单及拟授出权益分配情况表 | | | | | | | | 获授的限制性 | | | | 占本激励计划授 | | 占本激励计划 | | 序 | | | | | | | | 姓名 职务 | | 股票数量 | | 予限制性股票总 | | 公告时公司股 | | 号 | | | | | | | | （万股） | | | | 数的比例 | | 本总额的比例 | | 核心管理、业务骨干及优秀高潜员工（82 | | 人） | | 1,280.00 | | 64.00% 1.93% | | 400.00 | 预留部分 | | | 20.00% | 0.60% | | | 2,000.00 | 合计 | | 100.00% | 3.02% | | | 注：1、上述任何一名激励对象通过全部有效的股权激励计划获授的本公司股票均未超过本 激励计划草案公告时公司股本总额的 1.00%。公司全部有效的激励计划所涉及的标的股票总数累 ...

Company Overview - Jiangsu Chengxing Phosphate Chemical Co., Ltd. operates in the fine phosphate chemical industry, primarily engaged in the production and sales of yellow phosphorus, phosphoric acid, and phosphate products [1][19] - The company has a diverse business scope, including the manufacturing and sales of chemical raw materials and products, electronic products, metal materials, construction materials, and agricultural products [1] Performance Summary - In 2024, the company reported operating revenue of approximately CNY 3.36 billion, an increase from CNY 3.10 billion in 2023 but a decrease from CNY 4.54 billion in 2022 [3] - The net profit attributable to shareholders was a loss of CNY 198.90 million in 2024, compared to a loss of CNY 60.83 million in 2023 and a profit of CNY 521.77 million in 2022 [3] - The net cash flow from operating activities was CNY 268.20 million in 2023, down from CNY 597.82 million in 2022 [3] Incentive Plan Overview - The company plans to implement a restricted stock incentive plan, granting a total of 20 million shares, which represents 3.02% of the total share capital [1][5] - The initial grant will consist of 16 million shares (2.41% of total share capital), while 4 million shares will be reserved for future grants [1][5] Incentive Plan Objectives - The incentive plan aims to establish a long-term incentive mechanism to attract and retain talent, aligning the interests of shareholders, the company, and core team members [4][20] - The plan is designed to motivate employees by linking their performance to the company's long-term development [4][20] Performance Assessment Criteria - The performance assessment for the incentive plan will focus on both revenue and net profit targets, with specific goals set for the years 2025 to 2027 [16][20] - For 2025, the revenue target is CNY 3.8 billion, with a trigger value of CNY 3 billion, and a net profit target of CNY 22 million, with a trigger value of CNY 14 million [16] Industry Context - The fine phosphate chemical industry is crucial for various sectors, including agriculture, food, and electronics, and is expected to grow due to increasing demand for high-purity phosphoric acid and phosphate products [19] - However, the industry faces challenges such as rising competition, increasing operational costs, and external economic pressures, which may impact the company's performance [19][20]

Group 1 - The core point of the article is the proposed 2025 Restricted Stock Incentive Plan by Jiangsu Chengxing Phosphate Chemical Co., Ltd, aimed at attracting and retaining talent while aligning the interests of shareholders, the company, and core team members [1][9][26] - The plan involves granting 20 million restricted stocks, accounting for 3.02% of the company's total share capital of 662.5729 million shares, with 16 million shares for initial grants and 4 million shares reserved [3][13] - The initial grant price for the restricted stocks is set at 3.21 yuan per share, which is based on the average trading price of the company's shares prior to the announcement [4][7][21] Group 2 - The plan is designed to last a maximum of 66 months, with specific vesting periods of 12, 24, and 36 months for the granted stocks [5][17] - The incentive plan will not affect the company's compliance with listing conditions regarding share distribution [6][12] - The performance assessment for the incentive plan includes targets for revenue and net profit for the years 2025 to 2027, with specific thresholds set for each year [22][24][27] Group 3 - The company operates in the fine phosphate chemical industry, which is crucial for agricultural development and has applications in various sectors including food, daily chemicals, and electronics [26][27] - The industry faces challenges such as increased competition, rising operational costs, and external economic pressures, which necessitate a robust performance incentive plan to motivate key employees [27]

证券代码：600078 证券简称：澄星股份 公告编号：临 2025-041 江苏澄星磷化工股份有限公司 第十一届监事会第十七次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、监事会会议召开情况 江苏澄星磷化工股份有限公司（以下简称"公司"）第十一届监事会第十七 次会议于 2025 年 7 月 29 日在公司会议室以现场结合通讯方式召开，公司已于 实到监事 3 人，其中以通讯表决方式出席会议 3 人，公司高管人员列席了会议， 会议由监事会主席王良明先生主持。本次会议的召开符合《公司法》和《公司章 程》的有关规定。 二、监事会会议审议情况 会议经认真审议，一致通过如下决议： 《公开发行证券的公司信息披露内容与格式准则第 3 号—— 根据《证券法》、 半年度报告的内容与格式（2025 年修订）》、 《公开发行证券的公司信息披露编报 表决结果：同意 3 票；反对 0 票；弃权 0 票。 本议案尚需提交公司 2025 年第三次临时股东大会审议。 详见上海证券报及上海证券交易所网站：（www.sse.com.cn）。 的 ...

江苏澄星磷化工股份有限公司监事会 关于公司 2025 年限制性股票激励计划相关事项 的核查意见 江苏澄星磷化工股份有限公司（以下简称"公司"）监事会根据《中华人民共 和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简 称"《证券法》"）、《上市公司股权激励管理办法》（以下简称"《管理办法》"） 等有关法律法规、规章、规范性文件和《公司章程》的有关规定，对公司 2025 年限制性股票激励计划相关事项进行了认真审阅，发表核查意见如下： 权激励计划的情形，公司具备实施激励计划的主体资格； 《证券法》《管理办法》等法律、法规、规范性文件和《公司章程》的有关规定， 对激励对象限制性股票的授予安排、解除限售安排未违反相关法律、法规、规范 性文件的规定； 或安排。 分调动公司管理人员和员工的积极性，提高经营管理水平，不存在损害上市公司 及全体股东的利益。 计划相关议案时，关联董事均已回避表决； 规范性文件和《公司章程》的规定；考核体系具备全面性、综合性及可操作性， 有利于提升被激励对象对公司的凝聚力，同时对激励对象具有约束效果，能够达 到本次限制性股票激励计划的考核目的； 江苏澄星磷化工股份有限公司监 ...

证券代码：600078 证券简称：澄星股份 公告编号：2025-045 江苏澄星磷化工股份有限公司 关于召开2025年第三次临时股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 召开的日期时间：2025 年 8 月 15 日 14 点 00 分 召开地点：江苏省江阴市梅园大街 618 号公司二楼会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 8 月 15 日 至2025 年 8 月 15 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联 网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 (六)融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者 的投票，应按照《上海证券交易所上市公司自律监管指引第 ...