Dazhong Mining Co., Ltd. 2025 Independent Director Work Report
Dazhong Mining Co., Ltd.
2025 Independent Director Work Report
(Wei Yuan)
Dear Directors:
As an independent director of Dazhong Mining Co., Ltd. (hereinafter referred to as "the Company") during the term of the sixth board of directors in 2025, I have strictly adhered to the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Code of Corporate Governance for Listed Companies," "Measures for the Administration of Independent Directors of Listed Companies," and other relevant laws, regulations, normative documents, as well as the "Articles of Association" and "Working Rules for Independent Directors." I have upheld the principles of independence, objectivity, and fairness in my duties, diligently and prudently exercised my rights, comprehensively focused on the overall operational development of the Company, and concentrated on core matters such as major business decisions, financial operation quality, corporate governance construction, and standardized operations. I have timely and comprehensively grasped the Company's production, operation, and financial status. During my tenure, I attended various relevant meetings on time, carefully reviewed board meeting materials, actively participated in discussions, and independently expressed my opinions, fully exercising the supervisory, advisory, and decision-making support roles of an independent director, effectively safeguarding the overall interests of the Company and the legitimate rights and interests of all shareholders, especially minority shareholders. I hereby report my work in 2025 as follows:
I. Basic Information of the Independent Director
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Work Experience and Professional Background
Mr. Wei Yuan, born in 1955, of Chinese nationality, without permanent residence rights abroad, holds a graduate degree. He has served as Deputy General Manager of Datang Power Generation Co., Ltd., General Manager of Datang Huayin Power Generation Co., Ltd., Director of Tangshan Power Plant, and Director of Qinhuangdao Thermal Power Plant. He currently serves as an independent director of the Company. -
No Factors Affecting Independence
I do not hold any position in the Company other than that of an independent director, nor do I hold any position in the Company's major shareholders. There are no interests or other relationships that may hinder my independent and objective judgment. During the reporting period, my position complies with the independence requirements stipulated in Article 6 of the "Measures for the Administration of Independent Directors of Listed Companies."
II. Overview of Independent Director's Annual Duties
- Meeting Attendance
During my tenure in 2025, the Company held a total of 12 board meetings, all of which I attended on time without any unexcused absences. The details are shown in the table below:
| Meeting Name | Number of Meetings Attended in Person | Number of Meetings Attended by Proxy | Number of Absences | Number of Meetings Not Attended in Person |
|---|---|---|---|---|
| Board Meeting | 12 | 1 | 1 | 0 |
During my tenure, except for remuneration proposals related to my own interests, I had no objections to all proposals reviewed and approved by the board, and I voted "in favor" on all.
In 2025, the Company held 1 annual shareholders' meeting, 3 interim shareholders' meetings, and 1 bondholders' meeting, all of which I attended on time.
During my tenure in 2025, the convening of the board and shareholders' meetings complied with legal procedures, and I did not raise any objections to the various proposals and other matters of the Company.