Zhuhai Gree Electric Appliances Inc. Independent Director 2025 Annual Performance Report
In 2025, I, Li Hongqi, as an independent director of Zhuhai Gree Electric Appliances Inc. (hereinafter referred to as the "Company"), in accordance with the principles of being responsible to all shareholders of the Company, strictly followed the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Measures for the Administration of Independent Directors of Listed Companies," and other laws, regulations, and departmental rules, as well as the "Articles of Association of Zhuhai Gree Electric Appliances Inc." and the "Independent Director Work System of Zhuhai Gree Electric Appliances Inc.," fulfilled my duties and obligations, and protected the legitimate rights and interests of the Company's shareholders, especially small and medium shareholders. The report on my performance in 2025 is as follows:
I. Basic Information of Independent Director
(I) Work Experience, Professional Background, and Concurrent Positions I, Li Hongqi, hold a Ph.D. and have served as an independent director of the Company since April 2025. I have long been engaged in research and teaching in refrigeration, air conditioning, and compressor technology. My main research areas include energy-saving and environmental protection technologies for refrigeration and air conditioning units and their applications in energy conservation and environmental protection. I have authored or co-authored 18 books and published over 160 papers. I have participated in the formulation of more than 30 national and industry energy efficiency standards. I have previously served as a professor in the Department of Refrigeration and Cryogenic Engineering at Beijing University of Technology, a director and member of the Academic Committee of the Chinese Association of Refrigeration, a member of the Technical Committee and Vice President of the Heat Pump Branch of the China Air Conditioning Industry Association, a member of the National Technical Committee for Standardization of Refrigeration and Air Conditioning Equipment, Vice Chairman of the National Technical Committee for Standardization of Compressors, a member of the National Standardization Committee for Refrigeration and the Technical Committee for Refrigerators, and a member of the Chinese expert group for the implementation of the Montreal Protocol on Substances that Deplete the Ozone Layer.
I meet the qualification requirements for independent directors of listed companies as stipulated by relevant laws and regulations, and have been filed and reviewed by the Shenzhen Stock Exchange.
(II) No Circumstances Affecting Independence I do not hold any other positions in the Company besides that of an independent director. I have no direct or indirect interest relationship with the Company or its major shareholders, nor any other relationship that may affect my independent and objective judgment. I perform my duties independently and am not influenced by the Company, its major shareholders, or any other entities or individuals.
In 2025, I conducted a self-assessment of my independence and confirmed that I meet the independence requirements for serving as an independent director of the Company as stipulated by applicable regulatory provisions. The Board of Directors has evaluated my independence and found no circumstances that may affect my independent and objective judgment as an independent director, consistent with the independence requirements for independent directors.
II. 2025 Performance of Duties
During my work in 2025, I communicated with various departments, directors, and senior management through phone calls, meetings, and other means, understood the Company's production and operation status, and participated in academic exchanges and research on refrigeration and air conditioning technologies. I also participated in the formulation of relevant industry standards and contributed to the Company's long-term stable development.
In 2025, I attended a total of 27 board meetings and shareholder meetings, including 2 board meetings and 25 shareholder meetings.