Hubei Ping An Electric Technology Co., Ltd. Independent Director 2025 Annual Report (Zeng Zilu)
To all shareholders and shareholder representatives:
As an independent director of Hubei Ping An Electric Technology Co., Ltd. (hereinafter referred to as the "Company"), during my term of office, I have strictly adhered to the "Company Law," "Management Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Management Guide No. 1 – Norms for the Operation of Main Board Listed Companies," and other relevant laws and regulations, as well as the "Company Articles of Association" and the "Independent Director Work System" and other relevant systems. In 2025, I diligently, honestly, and independently performed my duties, attended all meetings on time, carefully reviewed all proposals submitted to the meetings, and utilized my professional knowledge to express independent opinions on major company matters, effectively protecting the interests of the Company and its shareholders, especially small and medium shareholders, and fully playing the role of an independent director. Herein is my report on my performance in 2025:
I. Basic Information
I am Zeng Zilu, male, born in May 1978, a Chinese national with no overseas permanent residency. I hold a bachelor's degree and am a senior economist. From 2001 to 2003, I worked as a staff member at the Zhuhai Branch of the Bank of China. From 2005 to 2012, I served as the General Manager of Dongguan Weike Electronics Co., Ltd. From 2012 to 2013, I was the Special Assistant to the Chairman of Yingtong Communication Co., Ltd. From 2013 to January 2023, I served as the Deputy General Manager and Secretary of the Board of Directors of Yingtong Communication Co., Ltd. From 2020 to January 2026, I was a Director of Yingtong Communication Co., Ltd. Since January 2023, I have been the Investment General Manager of Yingtong Communication Co., Ltd. I also concurrently serve as a representative of the 19th People's Congress of Tongcheng County and a director of Hubei Yintong Real Estate Co., Ltd. Since May 29, 2024, I have served as an independent director of Ping An Electric.
Upon self-examination, my qualifications meet the independence requirements stipulated in Article 6 of the "Management Measures for Independent Directors of Listed Companies," and there are no circumstances that affect my independence.
II. Annual Performance Overview
(I) Attendance at Board Meetings and Shareholder Meetings
In 2025, the Company held 4 board meetings and 3 shareholder meetings. The convening and holding of these meetings complied with legal procedures. Major operational decisions and other significant matters were handled in accordance with relevant procedures, and were legal and effective. I attended in person and exercised my voting rights for all major matters requiring board deliberation. For major matters requiring board deliberation, I carefully reviewed the documents provided by the Company in advance, made fair judgments based on the regulations of the regulatory authorities, and exercised my voting rights independently, objectively, and prudently, effectively fulfilling my duties.
This year, I agreed with all proposals submitted to the board of directors for deliberation, and did not raise any objections, nor did I abstain or vote against any proposals.
| Independent Director Name | Number of Board Meetings Attended in Person | Number of Board Meetings Attended On-site | Number of Board Meetings Attended Remotely | Number of Board Meetings Attended by Proxy | Number of Board Meetings Missed | Whether Attended Two Consecutive Board Meetings Remotely | Number of Shareholder Meetings Attended |
|---|---|---|---|---|---|---|---|
| Zeng Zilu | 4 | 2 | 2 | 0 | 0 | No | 3 |