Shao Neng Co., Ltd.: In 2025, a restricted stock incentive plan will be reserved for 72 employees.

Shao Energy Corporation announced that the company's 2025 restricted stock incentive plan has reserved 1.4835 million restricted stocks to be granted to 72 "other employees deemed in need of incentive by the Board of Directors", accounting for 9.16% of the total restricted stocks granted, and 0.14% of the total equity of the company on the day of the announcement of the incentive plan. The total amount of individual equity granted to all incentive recipients participating in the incentive plan does not exceed 1% of the company's total equity, and the total amount of stock involved in all stock incentive plans during the validity period does not exceed 10% of the company's total equity as of the announcement of the draft plan. Incentive recipients do not include independent directors, shareholders holding more than 5% of the shares, or the controlling shareholder and their relatives.