Stock Code: 001872/201872 Stock Abbreviation: China Merchants Port/China Merchants Port B China Merchants Port Group Co., Ltd. 2025 Independent Director's Report As an independent director of China Merchants Port Group Co., Ltd. (hereinafter referred to as "the Company"), I have diligently and faithfully performed my duties during my term of office in 2025, strictly adhering to the relevant provisions and requirements of the Company Law, Guidelines for the Governance of Listed Companies, Administrative Measures for Independent Directors of Listed Companies, Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1—Business Handling, and the Company's Articles of Association, Independent Director Annual Report Working System, and Independent Director Working System. In my work in 2025, I maintained integrity and self-discipline, diligently performed my duties, and relied on my professional knowledge and experience to fully exert the independent role of an independent director, safeguarding the legitimate rights and interests of the Company and its shareholders. The following is a report on my performance of duties as an independent director in 2025:
I. Basic Information of Independent Director
(I) Basic Information
Gao Ping, Independent Director, graduated from the University of International Business and Economics with a Master's degree in Executive MBA, and is a Senior Engineer and Senior Political Engineer. Currently, he serves as an independent director of this company and convener of the Nomination, Remuneration and Assessment Committee. His previous positions include: Chief Mate, Head of Management Department, Manager of Human Resources Department, General Manager of Human Resources Department, COSCO Container Lines, General Manager of Crew Department, COSCO (Hong Kong) Shipping Co., Ltd., Deputy General Manager, Deputy General Manager of Shenzhen Ocean Shipping Company, COSCO (Hong Kong) Shipping Co., Ltd., General Manager of Organization Department/Human Resources Department, COSCO Container Lines Co., Ltd., and member and Deputy Director of Economic Committee of the 11th and 12th Shanghai Municipal Committee of the Chinese People's Political Consultative Conference.
- Appointed as an independent director of this company in May 2020. (II) Explanation of Whether There Are Any Circumstances Affecting Independence
I have strictly abided by the requirements for independent directors stipulated in the Company Law, Guidelines for the Governance of Listed Companies, Measures for the Management of Independent Directors of Listed Companies, and the Articles of Association, and have maintained my independence. There were no circumstances affecting my independence in 2025.
II. Attendance at Board Meetings and Shareholders' Meetings
The independent directors of the Company serve on the Board of Directors as follows:
No. Special Committee Independent Director Convenor
1 Strategy and Sustainable Development Committee Gao Ping, Li Qi, Chai Yueting Feng Boming
2 Audit Committee Li Qi, Zheng Yongkuan, Chai Yueting Li Qi
3 Nomination, Remuneration and Assessment Committee Gao Ping, Zheng Yongkuan Gao Ping
During the reporting period, I attended the Company's Board meetings and shareholders' meetings as required, and there were no absences. I actually attended 7 Board meetings, including 4 in person and 3 via teleconference, and 3 shareholders' meetings. During the meetings, I carefully reviewed the relevant proposals, actively participated in discussions and expressed my opinions, and voted in favor of all proposals reviewed by the Board.
(I) Attendance at Board Meetings and Shareholders' Meetings
During the reporting period, the number of times a board meeting should be attended (in person, via teleconference, or by proxy) was not present for two consecutive meetings.
Number of Attendances ... III. Meetings Held by Independent Directors
A total of 3 meetings were held by independent directors in 2025. Details are shown in the table below:
Independent Directors Meetings Items Opinions Time
The first meeting of independent directors in 2025 approved the following:
- Proposal Regarding the Risk Assessment Report of China Merchants Group Finance Co., Ltd. as of December 31, 2024