Jiangsu Xiangteng New Materials Co., Ltd. Independent Director Work System (Revised December 2025)
Chapter 1 General Provisions
Article 1 To further improve the corporate governance structure of Jiangsu Xiangteng New Materials Co., Ltd. (hereinafter referred to as the "Company"), standardize its operations, and better protect the overall interests of the Company, in accordance with the "Company Law of the People's Republic of China," the "Administrative Measures for Independent Directors of Listed Companies," the "Stock Listing Rules of the Shenzhen Stock Exchange" (hereinafter referred to as the "Stock Listing Rules"), and the "Shenzhen Stock Exchange Main Board Listed Company Normative Operation Guidelines No. 1," and other relevant laws, regulations, normative documents, and the "Articles of Association of Jiangsu Xiangteng New Materials Co., Ltd." (hereinafter referred to as the "Articles of Association"), this Independent Director Work System (hereinafter referred to as the "System") is hereby formulated.
Article 2 Independent directors refer to directors who do not hold any other positions in the Company besides their directorship and who have no direct or indirect interest relationship with the Company or its major shareholders and actual controllers, or any other relationship that may affect their independent and objective judgment.
Independent directors shall perform their duties independently and shall not be influenced by the Company, its major shareholders, or actual controllers.