JONJEE(SH:600872) Zheng Quan Zhi Xing·2025-08-27 16:41Core Viewpoint - The company has revised its compensation management system for directors and core management personnel to align with modern corporate governance, enhance motivation, and ensure the long-term interests of the company are met [1][5]. Group 1: Compensation Structure - The compensation system applies to directors, including the chairman, vice-chairman, non-independent directors, and independent directors, as well as core management personnel such as the general manager and vice presidents [1]. - Directors and core management personnel's compensation is linked to the company's performance, ensuring stability and compliance with market value principles [1][2]. - The compensation consists of a basic annual salary, performance-based annual salary, and long-term equity incentives, with specific guidelines for determining each component [2][3]. Group 2: Performance Evaluation and Adjustment - The compensation and assessment committee is responsible for developing compensation standards and performance evaluation plans based on annual business goals and actual performance [3]. - The compensation management system is designed to support the company's strategic objectives and will be adjusted in response to changes in the company's operational status and external market conditions [3][4]. - In cases of significant changes in the macroeconomic environment, the committee may propose revisions to the compensation system, subject to board and shareholder approval [3]. Group 3: Compliance and Accountability - The company will withhold personal income tax as required and will calculate compensation based on actual tenure and performance for departing directors and core management personnel [4]. - Core management personnel may face deductions in performance-based compensation for serious violations of company regulations or significant errors leading to losses [4]. - The company’s compensation management system will adhere to national laws and regulations, with the board responsible for interpretation [4][5].