ZTE Corporation 2025 Annual Report of Independent Non-Executive Director (Wang Qinggang)
As an Independent Non-Executive Director (hereinafter referred to as "Independent Director") of ZTE Corporation (hereinafter referred to as "ZTE" or "the Company"), I, Wang Qinggang, in accordance with the "Company Law of the People's Republic of China," the "Administrative Measures for Independent Directors of Listed Companies," and the "Articles of Association of ZTE Corporation" (hereinafter referred to as the "Articles of Association"), have diligently performed my duties, acted with diligence and responsibility, faithfully fulfilled the duties of an Independent Director, effectively exercised the functions of an Independent Director, and protected the interests of the Company and all shareholders.
Herein is a report on my fulfillment of Independent Director duties in 2025:
I. Basic Information
(I) Work Experience, Professional Background, and Concurrent Positions
I possess professional qualifications and rich work experience in areas such as finance and internal control, and I have fully leveraged my professional and experience advantages in fulfilling my duties.
My personal resume is as follows:
Mr. Wang Qinggang graduated from Huazhong Agricultural University with a major in Economics and Management in 1993, obtaining a Bachelor of Economics degree. In 1996, he obtained a Master of Economics degree from Zhongnan University of Economics and Law (renamed Zhongnan University of Economics and Law in 2000). In 2004, he obtained a Ph.D. in Management from Zhongnan University of Economics and Law. From 2004 to 2007, he conducted postdoctoral research in Business Administration at Xiamen University. He is a Certified Public Accountant (non-practicing) in China. Since 1996, he has been a faculty member at Zhongnan University of Economics and Law, currently serving as a professor and doctoral supervisor in the School of Accounting. He currently serves as an independent director for Wuhan Shengzhiyuan Biotechnology Co., Ltd. (unlisted company) and Anhui Hongyu Wuzhou Medical Device Co., Ltd. (listed company on the Shenzhen Stock Exchange). He has previously served as an independent director for Wuhan Sansite Cableway Group Co., Ltd. (listed company on the Shenzhen Stock Exchange), Jinhui Liquor Co., Ltd. (listed company on the Shanghai Stock Exchange), Wuhan Xingtu New Technology Electronic Co., Ltd. (listed company on the Shanghai Stock Exchange), and Wuhan Minxin Semiconductor Co., Ltd. (unlisted company). He has served as an independent director of the Company since June 2024.
(II) Independence
I possess the independence required by the "Administrative Measures for Independent Directors of Listed Companies" and the "Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited." I have conducted an independence self-assessment in accordance with regulatory rules and found no circumstances that affect my independence. As an Independent Director of the Company, I do not hold any positions in the Company other than serving as a member of the board's professional committees, and I have no relationship with the Company or its controlling shareholder that could hinder independent and objective judgment. I can independently perform my duties, free from the influence of the Company's controlling shareholder or any other entity or individual with a conflict of interest with the Company.
II. Performance of Duties
In 2025, I diligently performed the core duties of loyalty and diligence as an Independent Director, actively participating in the Company's board of directors meetings, board professional committee meetings, independent director meetings, and shareholder meetings. For matters requiring deliberation and decision-making by the board of directors and professional committees, the Company provided timely and comprehensive notice and relevant proposal materials. Before the meetings, I thoroughly studied and analyzed the proposal materials, proactively communicated with the Company to clarify key issues. During the meetings, I listened carefully to all reports and provided practical and feasible suggestions based on my professional expertise. In my daily duties, I maintained close contact with the Company through on-site research, phone calls, and emails, ensuring efficient information transmission and smooth communication channels.