Junzhong Technology's stock price has experienced a significant drop, and the proposal for executive compensation was previously rejected by the shareholders' meeting. The company has responded.

date
01/07/2026
On July 1st, the stock price of Chunzhong Technology plummeted. As of the closing, the company's stock price was reported at 127.34 yuan per share, a drop of 5.4%. Recently, the issue of executive compensation at Chunzhong Technology has attracted market attention. At the 2025 shareholders meeting, the executive compensation plan was rejected, and the company subsequently adjusted the plan, which is still pending review. In response, Chunzhong Technology stated that the adjusted compensation plan has been approved by the board of directors, and will be reviewed at the upcoming extraordinary shareholders meeting scheduled for July 9th. The 2025 compensation may be retroactive, and in 2026, some internal non-independent directors and executives will also receive compensation for research and development work on a monthly basis. The new plan focuses on performance, and some performance bonuses will be distributed after the annual report is disclosed. Please refer to the company's announcement for specific details.