Longyuan Power Group Co., Ltd. Independent Director Gao Debu's 2025 Performance Report
As an independent director of Longyuan Power Group Co., Ltd. (hereinafter referred to as the "Company"), I have strictly complied with the "Company Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Measures for the Administration of Independent Directors of Listed Companies," "Stock Listing Rules of the Shenzhen Stock Exchange," "Regulatory Guidelines No. 1 for Main Board Listed Companies of the Shenzhen Stock Exchange – Normative Operation of Main Board Listed Companies," "Listing Rules of The Stock Exchange of Hong Kong Limited," and the "Articles of Association of Longyuan Power Group Co., Ltd." (hereinafter referred to as the "Articles of Association"), as well as the "Independent Director Work System of Longyuan Power Group Co., Ltd." and other relevant laws, regulations, and systems. In my work during the 2025 fiscal year, I have diligently performed my duties, diligently and conscientiously attended relevant company meetings, paid close attention to the company's operating conditions, carefully reviewed all proposals submitted to the Board of Directors and its special committees, and provided objective and fair independent opinions on major matters, safeguarding the overall interests of the company and the legitimate rights and interests of all shareholders, especially small and medium shareholders. In 2025, my average on-site working time at the company exceeded 15 days. My performance of duties is reported as follows:
I. Basic Information (I) Personal Information I graduated from the School of Economics at Renmin University of China with a Ph.D. in Economics. I have served as an Independent Non-Executive Director of the Company since November 2021. I have previously served as Deputy Director of the School of Economics, Vice Dean of the School of Economics, and Head of the Organization Department of the CPC Committee of Renmin University of China. In 2002, I was a visiting scholar at the University of California, Los Angeles (UCLA). I am currently a professor and doctoral supervisor at the School of Economics, Renmin University of China, and have undertaken and completed numerous national and provincial research projects.
(II) Independence Status I have conducted an annual self-assessment of my independence as an independent director and confirmed that neither I nor my immediate family members hold any positions in the Company or its affiliated enterprises other than that of an independent director. I have not provided financial, legal, or consulting services to the Company or its affiliated enterprises. Apart from the independent director's allowance, I have not received any additional undisclosed benefits from the Company, its principal shareholders, or related parties, and there are no circumstances that affect my independence, which complies with the provisions on independence in the "Measures for the Administration of Independent Directors of Listed Companies." I have submitted the results of my self-assessment to the Company's Board of Directors.
II. Performance of Duties in the Reporting Year (I) Attendance at Board and Shareholder Meetings In 2025, the Company held a total of 3 shareholder meetings, all of which I attended. A total of 8 board meetings were held, all of which I attended, including 7 in person and 1 via teleconference.