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Remuneration Management

The remuneration of the employees of the Group was determined in accordance with the criteria specified in the
Remuneration Management Measures, which included basic salary, performance bonuses and other benefits. During the reporting period, the Group gradually strengthened the overall control of the remuneration management of the subsidiaries, thus achieving the real-time monitoring of the remuneration management details, total remuneration and remuneration cost. Meanwhile, the Group gave its subsidiaries corresponding remuneration management power, thereby meeting the requirements of different companies with different characteristics and different remuneration pay mode and level and exerting an important function of remuneration as an incentive to promote employees’ enthusiasm and initiative.