HUA FU FASHION CO., LTD. 2025 Annual Independent Director's Performance Report Huang Yaying
As an independent director of HUA FU FASHION CO., LTD. (hereinafter referred to as the "Company"), in 2025, I performed my duties in accordance with the "Company Law of the People's Republic of China," the "Administrative Measures for Independent Directors of Listed Companies," and the "Articles of Association," among other relevant laws, regulations, and systems. I fully exercised my role as an independent director, diligently and conscientiously fulfilled my duties, and protected the company's interests, especially those of all shareholders, particularly small and medium shareholders. The following is my performance report for 2025.
I. Performance of Duties in 2025:
I, Huang Yaying, am a Chinese national, born in September 1962. I am a second-level law professor, doctoral supervisor, and hold a Master of Laws degree from China University of Political Science and Law, and am a qualified lawyer in China. Mr. Huang Yaying previously served as a lecturer, associate professor, and professor at Northwest University of Political Science and Law, and as Dean of the Law School of Shenzhen University. He is currently a lawyer at Guangdong Beiyuan Law Firm, an arbitrator at the Shenzhen International Arbitration Court, and an arbitrator at the Shanghai International Economic and Trade Arbitration Commission. I am currently an independent director of the Company. Upon self-examination, I meet the independence requirements stipulated in Article 6 of the "Administrative Measures for Independent Directors of Listed Companies" during my tenure, and there are no circumstances that affect my independence.
In 2025, I strictly followed relevant regulations to attend board meetings convened by the Company and shareholder meetings, and fulfilled my duties independently and impartially. During the meetings, I carefully reviewed the meeting materials, actively participated in the discussion of agenda items, and exercised my voting rights with prudence, fully fulfilling my duties as an independent director. My attendance at meetings is as follows:
(I) Board Meetings
The Company convened five board meetings in 2025. I attended all meetings in person, without any entrusted attendance or absence. Regarding the proposals reviewed at each board meeting, I acted in good faith and with responsibility, and after objective and careful consideration, I raised no objections to any proposals or other matters, except for those requiring my recusal from voting. I voted in favor of all proposals, with no opposing or abstaining votes.
(II) Shareholder Meetings
The Company convened three shareholder meetings in 2025. I attended all of them in person.
(III) Performance of Duties in Board Special Committees and Independent Director Meetings
In 2025, the Company convened one meeting of the Nomination Committee. I attended this meeting in person. The meeting reviewed and approved the "Proposal on the Election of Non-Independent Directors."
In 2025, the Company convened one meeting of the Remuneration and Assessment Committee. I attended this meeting in person. This meeting reviewed and resolved the matter of adjusting the Company's fourth phase employee stock ownership plan.