Group 1 - The company held its second employee representative meeting on May 29, 2025, in Qingdao, which was conducted in accordance with relevant laws and regulations [1] - The meeting approved the proposal for the 2025 Employee Stock Ownership Plan (ESOP) and its summary, which aims to enhance the sharing of interests between employees and shareholders, improve corporate governance, and boost employee motivation and creativity [2][3] - The proposal for the management measures of the 2025 Employee Stock Ownership Plan was also unanimously approved, ensuring the plan's smooth implementation and protecting the interests of all stakeholders [3] Group 2 - The employee stock ownership plan complies with the Company Law, Securities Law, and other relevant regulations, emphasizing voluntary participation and risk-bearing by employees [2] - The plan was developed after consulting employees and does not involve any forced participation or harm to the company's or shareholders' interests [2][3] - Both proposals will be submitted for further review at the shareholders' meeting [2][3]

Core Points - The company is implementing an employee stock ownership plan (ESOP) to enhance employee engagement and align their interests with the company's long-term growth [1][2] - The total amount to be raised through the ESOP is capped at 28.098 million yuan, with each share priced at 1 yuan, allowing for a maximum of 28.098 million shares to be issued [4][5] - The plan is designed to include key personnel such as directors, senior management, and core employees, with a maximum participation of 96 individuals [4][5] - The ESOP will be funded through employees' legal salaries and self-raised funds, with no financial support or loans provided by the company [5][6] - The stock acquired through the ESOP will not exceed 3% of the company's total share capital, with a purchase price set at 6.69 yuan per share [7][8] Employee Participation and Governance - Participation in the ESOP is voluntary, and employees bear their own risks and profits, ensuring equal rights with other investors [2][3] - The board of directors is responsible for drafting and modifying the ESOP, which must be approved by the shareholders' meeting [2][3] - A management committee will oversee the daily management of the ESOP, ensuring compliance with legal and regulatory requirements [13][18] Performance Assessment - The ESOP includes performance assessment criteria, with specific profit targets set for the years 2025 to 2027, such as a net profit of no less than 35 million yuan for 2025 [11][12] - If performance targets are not met, the corresponding shares will not be unlocked, and the management committee will handle the disposition of these shares [11][12] Lock-up and Transfer Conditions - The ESOP shares will have a lock-up period, with shares being released in three phases over 12, 24, and 36 months [9][10] - Employees cannot transfer their shares during the lock-up period without management committee approval, ensuring the integrity of the plan [25][26] Rights and Obligations - Employees participating in the ESOP will have rights to dividends and other benefits associated with the shares, while waiving certain voting rights [24][26] - The company is obligated to provide timely and accurate disclosures regarding the ESOP, ensuring transparency [23][24]

Core Viewpoint - The company establishes a long-term mechanism to prevent major shareholders and related parties from occupying company funds, ensuring the protection of the company's financial resources and the interests of other shareholders [1][2]. Group 1: Definition and Scope of Fund Occupation - Fund occupation includes both operational and non-operational fund occupation, with operational occupation arising from related transactions in production and non-operational occupation involving payments for wages, benefits, and other expenses without genuine transactions [2]. - The company prohibits major shareholders and related parties from using various methods to directly or indirectly occupy company funds and assets, ensuring the protection of the company's and other shareholders' interests [2][3]. Group 2: Preventive Measures - The company must prevent major shareholders and related parties from occupying funds through prepayments or other means, and must not provide funds or resources to them [3]. - The company will implement strict checks on non-operational fund occupation and establish a long-term mechanism to prevent such occurrences, with regular audits by the finance and audit departments [3][4]. Group 3: Responsibilities of the Board and Management - The board of directors and senior management are required to diligently fulfill their responsibilities to safeguard the company's funds and assets [4]. - The board must take effective measures to stop any asset occupation by major shareholders and report to regulatory authorities if necessary [4][5]. Group 4: Accountability and Penalties - Major shareholders and related parties who violate the regulations and cause losses to the company will be held liable for compensation, and responsible individuals may face disciplinary actions [5]. - The board of directors must carefully manage external guarantees to mitigate debt risks and may face joint liability for any losses incurred from improper guarantees [5].

Core Points - The implementation rules for the cumulative voting system aim to enhance corporate governance and protect the rights of minority shareholders [1][2] - The cumulative voting system allows shareholders to allocate their voting rights in a flexible manner, either concentrating votes on a single candidate or distributing them among multiple candidates [2][3] - The rules stipulate that cumulative voting must be implemented when a single shareholder or their concerted parties hold 30% or more of the shares, or when electing more than two independent directors [2][3] Section Summaries General Provisions - The cumulative voting system is defined as allowing shareholders to have voting rights equal to the number of shares they hold multiplied by the number of directors to be elected [2] - The rules are established in accordance with the relevant regulations from the China Securities Regulatory Commission and the company's articles of association [1][2] Nomination of Director Candidates - The board of directors, audit committee, or shareholders holding more than 1% of the company's shares have the right to nominate director candidates [3] - Nominated individuals must provide detailed personal information and consent to the nomination [3][4] Voting and Election of Directors - The election process involves calculating cumulative votes and ensuring that independent and non-independent directors are elected separately to maintain the required ratio [4][5] - A candidate must receive more than half of the valid voting rights present at the meeting to be elected [5][6] - If the number of elected directors is less than required, a second round of voting will be held, and if necessary, a new shareholders' meeting will be convened within two months to fill the vacancies [5][6] Additional Provisions - The rules will be implemented after being approved by the shareholders' meeting, and the board of directors is responsible for interpretation and amendments [6]

Group 1 - The company held its fifth board meeting on May 30, 2025, with all nine directors present, and the meeting complied with relevant laws and regulations [1][2] - The board approved the draft of the 2025 Employee Stock Ownership Plan (ESOP) to enhance the sharing mechanism between employees and shareholders, improve corporate governance, and boost employee motivation [1][2] - The board also approved the management measures for the 2025 ESOP to ensure effective implementation [2][3] Group 2 - The board proposed to authorize the board to handle matters related to the 2025 ESOP, including qualification cancellation, changes in holders, and adjustments due to policy changes [4][5] - The board unanimously approved revisions to company management systems to enhance governance and compliance with updated regulations [5][6] - The board resolved to convene the first extraordinary shareholders' meeting of 2025 to discuss the approved proposals [5][6]

Meeting Overview - The company will hold its first extraordinary general meeting of 2025 on June 17, 2025, at 9:30 AM at the company's headquarters in Qingdao [3][6]. - The meeting will utilize a combination of on-site and online voting methods through the Shanghai Stock Exchange's network voting system [3][4]. Voting Details - The online voting period is set for June 17, 2025, from 9:15 AM to 3:00 PM, with specific trading hours for the voting platform [3][4]. - Shareholders can vote via the trading system or the internet voting platform, with identity verification required for first-time users [4][5]. Agenda Items - The meeting will review several non-cumulative voting proposals, including the employee stock ownership plan and its management measures [3][5]. - Other proposals include amendments to the network voting implementation rules and measures to prevent major shareholders from occupying company funds [3][5]. Attendance and Registration - Shareholders registered by the close of business on June 9, 2025, are eligible to attend the meeting [5][6]. - Registration can be done in person or through written authorization, with specific documentation required for attendance [5][6]. Additional Information - The meeting is expected to last half a day, and attendees are responsible for their own travel and accommodation expenses [6][8]. - The company has provided an authorization letter template for shareholders wishing to delegate their voting rights [8].

德才装饰股份有限公司 累积投票制实施细则 第一条 为完善公司法人治理结构，规范公司选举董事的行为，维护公司中 小股东的利益，切实保障社会公众股东选择董事的权利，根据中国证监会《上市 公司治理准则》及《德才装饰股份有限公司章程》（以下简称"《公司章程》"）等 的有关规定，特制定本实施细则。 第二条 本实施细则所称累积投票制，是指公司股东会在选举董事时，股东 所持的每一有效表决权股份拥有与该次股东会应选董事总人数相等的投票权，股 东拥有的投票权等于该股东持有股份数与应选董事总人数的乘积，并可以集中使 用，即股东可以用所有的投票权集中投票选举一位候选董事，也可以将投票权分 散行使、投票给数位候选董事，最后按得票的多少决定当选董事。 第三条 股东会就选举董事进行表决时，根据公司章程的规定或者股东会的 决议，可以实行累积投票制。单一股东及其一致行动人拥有权益的股份比例在百 分之三十及以上的，或者选举两名以上独立董事的，应当实行累积投票制制度。 第四条 本实施细则所称"董事"包括独立董事和非独立董事。 第二章 董事候选人的提名 第五条 董事会、审计委员会、单独或者合并持有公司股份1%以上的股东有 权提名董事候选人；独立董 ...

第一条 为规范德才装饰股份有限公司（以下简称"德才股份"或"公司"） 2025 年员工持股计划（以下简称"员工持股计划"或"本员工持股计划"）的 实施，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》"）、《关于上市公司实施员工持股计划试点 的指导意见》（以下简称"《指导意见》"）、《上海证券交易所上市公司自律监管 指引第 1 号——规范运作》（以下简称"《规范运作指引》"）等相关法律、行政 法规、规章、规范性文件和《德才装饰股份有限公司章程》（以下简称"《公司 章程》"）、《德才装饰股份有限公司 2025 年员工持股计划（草案）》（以下简称 "《员工持股计划（草案）》"）之规定，特制定《德才装饰股份有限公司 2025 年 员工持股计划管理办法》（以下简称"本办法"）。 第二章 员工持股计划的制定 第二条 员工持股计划的基本原则 1、依法合规原则 公司实施员工持股计划，严格按照法律、行政法规的规定履行程序，真实、 准确、完整、及时地实施信息披露。任何人不得利用员工持股计划进行内幕交 易、操纵证券市场等证券欺诈行为。 德才装饰股份有限公司 2025年员工持 ...

第四条 大股东、实际控制人及其控制的其他企业不得利用关联交易、资产 重组、垫付费用、对外投资、担保、利润分配和其他方式直接或者间接侵占上市 公司资金、资产，损害公司及其他股东的利益。 德才装饰股份有限公司 防止大股东及关联方占用公司资金 管理制度 二○二五年五月 第一章 总则 第一条 为了建立防止大股东或实际控制人占用德才装饰股份有限公司（以 下简称"公司"）资金的长效机制，杜绝大股东及关联方资金占用行为的发生，根 据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公司监管指引 第8号——上市公司资金往来、对外担保的监管要求》、《关于进一步做好清理 大股东占用上市公司资金工作的通知》、《上海证券交易所股票上市规则》《上 海证券交易所上市公司自律监管指引第1号——规范运作》等法律、法规及规范 性文件，以及《德才装饰股份有限公司章程》（以下简称"公司章程"）的有关规 定，制定本制度。 第二条 公司董事和高级管理人员对维护公司资金安全有法定义务。 第三条 本制度所称资金占用包括但不限于：经营性资金占用和非经营性资 金占用。经营性资金占用是指大股东及关联方通过采购、销售、相互提供劳务等 生产经营环节的关联交 ...

德才装饰股份有限公司 网络投票实施细则 二○二五年五月 第三条 公司召开股东会，应当按照相关规定向股东提供网络投票方式，履 行股东会相关的通知和公告义务，做好股东会网络投票的相关组织和准备工作。 第四条 公司为股东提供网络投票方式的，应当按上海证券交易所相关临时 公告格式指引的要求，使用上海证券交易所公告编制软件编制股东会相关公告， 并按规定披露。 第五条 股东会股权登记日登记在册且有权出席会议行使表决权的股东，均 可以按照本细则规定，通过上海证券交易所网络投票系统行使表决权。但同一股 份只能选择现场投票、网络投票或符合规定的其他投票方式中的一种表决方式。 如同一股份通过以上方式重复参加投票的，以现场表决结果为准。 第六条 上证所信息网络有限公司（以下简称"信息公司"）为公司提供股东 会网络投票服务。 第二章 网络投票的通知与准备 第七条 股东会采用网络投票方式的,应符合法律、法规、规范性文件和《公 司章程》及《上海证券交易所上市公司自律监管指引第 1 号——规范运作》）的 规定,并在股东会通知中对股东会的类型和届次、现场与网络投票的时间、参会 股东类型、股权登记日或最后交易日、拟审议的议案、网络投票流程、其 ...