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Employee Benefits and Welfare at Chaoyang Huaxing Wanda

　　To safeguard the interests of employees, enhance company cohesion, and alleviate their concerns, this Employee Benefits System has been specially formulated in accordance with relevant laws and regulations such as the "Labor Law of the People's Republic of China" and the "Liaoning Province Social Insurance Management Law," taking into account the unique characteristics and practical circumstances of Chaoyang Huaxing Wanda Tire Co., Ltd.
　　 General Provisions
　　Article 1: Benefits and compensation refer to the rewards provided by the company to employees beyond their base salary and bonuses, forming an essential component of the company's overall remuneration system. Establishing a robust benefits framework can enhance employees' sense of attachment to the organization, thereby strengthening the company's overall cohesion and unity.
　　Article 2: All welfare benefits listed in this system are determined based on national regulations and the company's own circumstances.
　　Article 3: This system applies to Chaoyang Huaxing Wanda Tire Co., Ltd.
　　 Chapter 1: Types of Benefits and Compensation
　　Article 4: The benefits and compensation provided by the company include those mandated by national regulations, as well as additional benefits tailored to the company's own conditions.
　　Article 5: The insurance schemes covered under the unified administration, in accordance with national policies and regulations, include:
　　(1) Pension Insurance
　　(II) Medical Insurance
　　(III) Unemployment Insurance
　　(IV) Industrial and Commercial Insurance
　　(5) Maternity Insurance
　　Article 6: The Foreign Affairs Office is responsible for centrally submitting the coordinated insurance and fund contributions to the relevant government departments, with entries recorded in the individual pension insurance manual.
　　Article 7: Other benefits provided by the enterprise include:
　　(1) Subsidy Benefits
　　(II) Leave Benefits
　　(III) Retirement Benefits
　　(IV) Training Benefits
　　(5) Facility Benefits
　　(6) Tourism Benefits
　　(7) Accommodation Benefits
　　 Chapter 2: Standards for Compensation and Benefits
　　Article 8: Pension Insurance: In accordance with relevant policies and regulations of Liaoning Province, the company shall pay pension insurance contributions for employees on a monthly basis. The calculation base shall be the employee's average post salary from the previous year, with a contribution rate of 20%. Additionally, employees are required to personally contribute an additional 8%.
　　Article 9: Unemployment Insurance In accordance with relevant national policies and regulations, the company shall pay unemployment insurance premiums for employees on a monthly basis. The calculation base shall be the employee's average post salary from the previous year, with a contribution rate of 2%. Additionally, individual employees are required to contribute 1%. However, workers employed under agricultural contracts are not entitled to unemployment insurance benefits.
　　Article 10: Workers' Compensation Insurance: In accordance with relevant national policies and regulations, the company shall pay workers' compensation insurance for employees on a monthly basis. The calculation base shall be the employee's average job salary from the previous year, with a contribution rate of 1%. For employees in special positions, the contribution rate shall be determined according to relevant national regulations.
　　Article 11: Basic Medical Insurance: In accordance with relevant national policies and regulations, the company shall pay basic medical insurance premiums for employees on a monthly basis. The calculation base shall be the employee's average post salary from the previous year, with a contribution rate of 7%. Employees themselves are required to contribute 2% of this amount.
　　Article 12: Maternity Insurance
　　Article 13: The subsidies and benefits provided by the company include:
　　(1) High-Temperature Cooling Products
　　(II) Personal Protective Equipment
　　(III) Other subsidies as stipulated by the company.
　　Article 14: Leave Benefits
　　(1) Marriage Leave: Eligible employees are entitled to 3 days of marriage leave. Employees who meet the national criteria for late marriage (male aged 25 or older, female aged 23 or older) are entitled to 10 days of marriage leave.
　　(2) Maternity Leave: Female employees are entitled to 90 days of maternity leave, with an additional 15 days for those who undergo cesarean delivery, totaling 105 days. Male employees are granted a 7-day paternity leave, which can be combined with the female employee's leave if applicable. For pregnant employees who experience miscarriage before four months (including both natural and induced abortions), a maternity leave of 15 to 30 days will be provided. For miscarriages occurring after four months of pregnancy, a maternity leave of 42 days will be granted. (In all cases, a valid medical diagnosis certificate issued by a recognized healthcare institution must be submitted.)
　　(3) Breastfeeding Leave: After the expiration of a female employee's leave, if she encounters difficulties returning to work, she may apply for breastfeeding leave, subject to approval by the Corporate Management Department. The maximum duration of such leave shall not exceed 270 days.
　　(4) Family Visit Leave: Unmarried employees whose parents reside in another city, or married employees living apart due to work-related reasons, are entitled to one family visit leave per year, lasting 20 days (including round-trip travel time). Married employees whose parents live in another city may take family visit leave once every four years.
　　(5) Bereavement Leave: Employees are entitled to 3 days of bereavement leave upon the death of their immediate family members (parents, spouse, or children).
　　(6) Work Injury Leave: During working hours, injuries sustained while performing duties related to one's job shall be considered work-related injuries. Employees seeking work injury leave must provide a certificate from a designated hospital, submit a work injury application, obtain approval from their respective department supervisor, and file the request with the Corporate Management Department for record-keeping purposes. In principle, any employee who suffers injury due to violations of operational procedures or company regulations shall bear personal responsibility for the resulting consequences.
　　Article 15: Education and Training Benefits The company, based on performance evaluation results, will formulate a training plan through the Corporate Management Department and organize its implementation to ensure that employees' knowledge, skills, and attitudes remain aligned with evolving economic, technological, and external environmental demands. Education and training benefits include: free in-service or short-term full-time training for employees, as well as publicly funded advanced studies. Specific regulations are detailed in the company's "Training Management System."
　　Article 16: Facility Benefits: Projects established by the company to enrich employees' professional lives and cultivate their positive moral values, including the creation of cultural and recreational facilities, organization of corporate tours, and implementation of cultural and sports activities. Specific measures will be determined based on the company's actual conditions.
　　Article 17: Birthday Benefits—On each employee's birthday, the company will organize a birthday celebration and provide two complimentary meal vouchers.
　　Article 18: Health Checkups: Company employees are entitled to two annual factory regulation checkups and occupational disease prevention examinations provided by the company.
　　 Chapter 3: Provision of Welfare Benefits
　　Article 19: Insurance and funds shall be uniformly paid by the Finance Department, with the individual's contribution deducted from their salary.
　　Article 20: Welfare benefits paid in cash will be disbursed along with the monthly salary.
　　Article 21: Employees entitled to holiday benefits shall have their salary and compensation handled in accordance with the provisions of the company's "Attendance and Labor Discipline Management System."
　　 Chapter IV Supplementary Provisions
　　Article 22: This system is formulated by the Enterprise Management Department, which shall also provide interpretations of its supplementary provisions.
　　Article 23: This system shall come into effect upon approval by the company's General Manager, and the same procedure shall apply for any amendments.

This system shall come into effect from the date of its promulgation.
Chaoyang Huaxing Wanda Tire Co., Ltd.