001233SZSE

2025 Annual Report of Independent Director (Li Nan)

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Li Nan, as the independent director of Hai'an Rubber Group Co., Ltd., reported on his 2025 performance, highlighting his active participation in board meetings and his role in safeguarding shareholder interests. He attended all meetings via proxy, reviewed financial reports, and approved key proposals, including the reappointment of the auditing firm and profit distribution for 2024. His efforts focused on enhancing corporate governance and protecting minority shareholders' rights.

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Hai'an Rubber Group Co., Ltd.

2025 Annual Report of Independent Director (Li Nan)

As an independent director of Hai'an Rubber Group Co., Ltd. (hereinafter referred to as "the Company"), I have diligently fulfilled my responsibilities and obligations as an independent director in strict accordance with the requirements of 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," and other relevant laws and regulations, normative documents, as well as the "Articles of Association of Hai'an Rubber Group Co., Ltd." (hereinafter referred to as "the Articles of Association") and the "Independent Director System." I have effectively safeguarded the overall interests of the Company and the legitimate rights and interests of all shareholders, especially minority shareholders.

I hereby report on my performance of independent director duties for the year 2025 as follows:

I. Basic Information of Independent Director I, Li Nan, hold Chinese nationality and do not possess foreign permanent residency. Born in August 1988, I hold dual degrees in Investment and Accounting, and I am a doctoral candidate in Accounting. I have participated in and led several national and provincial-level projects related to taxation, securities, and other relevant fields, and have published multiple academic papers in domestic and international journals. Since June 2016, I have served as a lecturer and master's supervisor at Shanghai University of International Business and Economics; since July 2023, I have been an independent director of Shanghai Yingnei Internet of Things Technology Co., Ltd.; since June 2024, I have been an independent director of Zhejiang Jiali (Lishui) Industrial Co., Ltd.; and since April 2024, I have served as an independent director of the Company’s second board.

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