Yibin Wuliangye Co., Ltd. Independent Director 2025 Annual Performance Report (Reporting Person: Lu Shen)
To the Shareholders of Yibin Wuliangye Co., Ltd.:
As an independent director of Yibin Wuliangye Co., Ltd. (hereinafter referred to as the Company), I have strictly followed the provisions of the Company Law, the Securities Law, the Administrative Measures for Independent Directors of Listed Companies, the Shenzhen Stock Exchange Stock Listing Rules, the Shenzhen Stock Exchange's Self-Regulatory Guidelines No. 1 – Listed Company Operations on the Main Board, and the Articles of Association. I have adhered to the norms of independent director duties, leveraging my professional expertise in law and corporate compliance. I have prudently, independently, and objectively exercised my rights and obligations as an independent director, actively attended relevant company meetings, carefully reviewed all proposals submitted to the Board of Directors, fully utilized my role as an independent director, and effectively protected the legitimate rights and interests of the Company and all shareholders, especially small and medium-sized shareholders. The report on my performance in 2025 is as follows.
I. Basic Information of Independent Directors
(I) Personal Work Experience, Professional Background, and Concurrent Positions
I, Lu Shen, hold a Ph.D. in Law, am a professor, and a doctoral supervisor. I have long been engaged in teaching and research in the fields of company law, securities law, economic law, and corporate compliance. I possess profound theoretical knowledge and rich practical experience in corporate governance, capital market supervision, and listed company compliance. I am currently the Dean and Professor at the School of Law, Southwestern University of Finance and Economics, and an independent director of the Company.
(II) Statement of Independence
I have self-inspected my independence for 2025. During my tenure as an independent director of the Company, I have not held any other positions besides that of independent director. There are no relationships between myself and the Company or its major shareholders that would hinder my independent and objective judgment. I have independently performed my duties, free from the influence of the Company or its major shareholders and actual controllers. There are no circumstances that affect my independence, and I comply with the relevant requirements for the independence of independent directors stipulated in the Administrative Measures for Independent Directors of Listed Companies and the Shenzhen Stock Exchange's Self-Regulatory Guidelines No. 1 – Listed Company Operations on the Main Board.
II. Annual Performance
I officially became an independent director of the Company on June 20, 2025. Since my appointment, I have diligently performed my duties as an independent director and actively participated in the Company's decision-making and supervision.
(I) Attendance at Shareholders' Meetings
In 2025, I attended the Company's 2024 Annual Shareholders' Meeting. I listened carefully to the management's report on the Company's operating performance, understood the review of various proposals, and, through on-site communication with shareholders and other means, promptly grasped the opinions and concerns of small and medium-sized shareholders.