Gelonhui, December 19, 丨 Dazhi Technology (300530.SZ) announced that the company recently received the “Approval on the Implementation of the 2022 Restricted Stock Incentive Plan by Hunan Lingpai Dazhi Technology Co., Ltd.” (Hengguoci [2022] No. 149) issued by the State-owned Assets Supervision and Administration Committee of the Hengyang Municipal People's Government (“Hengyang State-owned Assets Administration Commission”). The main contents are as follows:

1. In order to fully mobilize the enthusiasm of Dazhi Technology's core business, technology and management personnel and fully achieve the goals set for Dazhi Technology's development, it was agreed in principle that Dazhi Technology will implement the 2022 restricted stock incentive plan.

2. Hengyang Hongxiang State-owned Investment (Holding) Group Co., Ltd. (“Hongxiang SDIC”) is invited to actively perform its duties as a state-owned controlling shareholder according to law and regulations, carefully review Dazhi Technology's restricted stock incentive plan, guide it to standardize the implementation of equity incentives, and supervise the entire implementation process of Dazhi Technology Company's equity incentive plan.

3. After Dazhi Technology Company implements restricted stock incentives, Hongxiang State Investment shall regularly report on the implementation of Dazhi Technology Company's equity incentives and the completion of performance indicators to the Hengyang State-owned Assets Administration Commission.