Delinhai(SH:688069) Zheng Quan Zhi Xing·2025-07-18 11:26Core Points - The document outlines the compensation management system for the board of directors and senior management of Wuxi Delinhai Environmental Technology Co., Ltd, aiming to establish an effective incentive and restraint mechanism to enhance work motivation and management efficiency [1][2]. Chapter Summaries Chapter 1: General Principles - The compensation for directors and senior management is based on the company's operational and management performance, integrating the completion of operational plans, responsibilities, and personal development [1]. - The principles of compensation distribution include transparency, alignment with company performance, long-term interests, and matching responsibilities with rights and benefits [1]. Chapter 2: Management Structure - The Compensation and Assessment Committee of the board is responsible for evaluating directors and senior management and initially determining compensation plans [2]. - Compensation plans for directors require board approval and must be submitted to the shareholders' meeting for review, while senior management's annual compensation plans are submitted to the board for approval [2]. Chapter 3: Compensation Composition and Standards - Independent directors receive a fixed monthly allowance approved by the shareholders' meeting, with no additional compensation or benefits [3]. - Non-independent directors receive compensation based on their other roles within the company, while senior management's compensation consists of a base salary, performance-based pay, and other benefits [3]. Chapter 4: Compensation Adjustment - The compensation system for directors and senior management should align with the company's strategic development and adjust according to changes in operational conditions [4]. - Factors influencing compensation adjustments include profitability, operational scale, personal role changes, organizational structure adjustments, industry salary trends, and inflation [4]. Chapter 5: Compensation Distribution - Independent directors' allowances are paid monthly, while the timing and method of payment for senior management and directors are determined by the company's payroll system [5]. - Compensation is calculated on a pre-tax basis, with deductions for personal income tax and social insurance [5]. - In cases of resignation or changes in position, compensation is calculated based on actual tenure and performance [5]. Chapter 6: Supplementary Provisions - Any matters not covered by this system will follow national laws, regulations, and the company's articles of association [6]. - The board of directors is responsible for interpreting this system, which takes effect upon approval by the shareholders' meeting [7].