Independent Directors' Annual Report for 2020 (Resigned)
Dear shareholders and shareholder representatives:
As independent directors of Steyr Power Co., Ltd. (hereinafter referred to as "the Company"), we strictly adhered to the provisions and requirements of the Company Law, the Shenzhen Stock Exchange Main Board Stock Listing Rules, the Guidelines for Establishing an Independent Director System in Listed Companies, and the Company’s Articles of Association in 2020. We diligently, faithfully, and responsibly fulfilled our duties as independent directors, gaining a thorough understanding of the Company's operations, actively participating in shareholder meetings and board meetings, and carefully reviewing various proposals. We expressed independent opinions on relevant matters, effectively exercising the expert role and supervisory function of independent directors, thereby safeguarding the overall interests of the Company and the legitimate rights and interests of all shareholders, especially minority shareholders, contributing positively to the Company's standardized, stable, and healthy development. Below is our report on the performance of independent director duties in 2020:
1. Attendance at Meetings
In 2020, the Company convened 16 board meetings and 4 shareholder meetings. We attended all board meetings during our term and carefully reviewed all matters and proposals submitted for discussion at the shareholder meetings and board meetings, actively participating in the discussions and exercising our voting rights with caution. The specific attendance is as follows:
| Independent Director Name | Number of Board Meetings Required to Attend | Attendance (including communication) | Did Not Attend Two Consecutive Meetings in Person |
|---|---|---|---|
| Wu Zhenping | 16 | 16 | No |
| Wang Dejian | 16 | 16 | No |
| Kuang Aimin | 16 | 16 | No |