2025 Annual Report of Independent Director Wei Mingde of Longyuan Power Group Co., Ltd.
As an independent director of Longyuan Power Group Co., Ltd. (hereinafter referred to as "the Company"), I have strictly adhered to the provisions and requirements of the Company Law of the People's Republic of China, the Code of Corporate Governance for Listed Companies, the Management Measures for Independent Directors of Listed Companies, the Listing Rules of the Shenzhen Stock Exchange, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 1—Standard Operation of Main Board Listed Companies, the Securities Listing Rules of The Stock Exchange of Hong Kong Limited, the Articles of Association of Longyuan Power Group Co., Ltd. (hereinafter referred to as "the Articles of Association"), and the Working System for Independent Directors of Longyuan Power Group Co., Ltd. During my tenure in 2025, I faithfully fulfilled my duties as an independent director, actively attended relevant company meetings, carefully reviewed proposals from the board of directors and various specialized committees, expressed objective and fair opinions on significant matters, fully played the role of an independent director, and safeguarded the overall interests of the company and the legitimate rights and interests of all shareholders, especially minority shareholders. In 2025, my average working time at the listed company was no less than 15 days. The specific performance of my duties is as follows:
I. Basic Information
(1) Personal Information
I graduated from the University of Cambridge and have served as an independent non-executive director of the Company since November 2021. I currently hold positions as Chairman of And Capital Group, Chairman of the Asia Green Technology Fund, External Director of China Merchants Group Limited, Independent Non-Executive Director of CRRC Corporation Limited (HKSE:01766, SHSE:601766), Independent Non-Executive Director of True Partner Capital Holding Limited (HKSE:08657), Independent Non-Executive Director of Shengneng Group Limited (HKSE:02459), and Independent Non-Executive Director of Silis Group Co., Ltd. (SHSE:601127; HKSE:09927). I have extensive experience in the international financial industry. I am also a member of the 12th, 13th, and 14th National Committee of the Chinese People's Political Consultative Conference, a member of the 8th Legislative Council of Hong Kong, Chairman of the Hong Kong Financial Development Association, Chairman of the Board of Governors of City University of Hong Kong, and a Fellow of Clare College, University of Cambridge, as well as an Honorary Fellow of Lingnan University.
(2) Independence
I have conducted an annual self-assessment of my independence as an independent director and confirm that neither I nor my immediate family members hold any positions other than that of independent director in the Company or its subsidiaries; I have not provided financial, legal, consulting, or other services to the Company or its subsidiaries. Apart from the independent director's remuneration, I have not received any additional undisclosed benefits from the Company, its major shareholders, or related parties that could affect my independence, in compliance with the provisions regarding independence in the Management Measures for Independent Directors of Listed Companies. I have submitted the self-assessment report to the Company's board of directors.