Securities Code: 002062 Securities Abbreviation: Hongrun Construction Hongrun Construction Group Co., Ltd. 2025 Annual Report of the Board of Directors
In 2025, Hongrun Construction Group Co., Ltd. (hereinafter referred to as "the Company") strictly followed the provisions of the Company Law, Securities Law, and other laws and regulations, as well as the Articles of Association and the Rules of Procedure for the Board of Directors. With a sense of responsibility to the Company and all shareholders, the Board diligently implemented the resolutions passed by the shareholders' meeting, actively promoted the implementation of the Board's resolutions, continuously standardized corporate governance, and all directors diligently performed their duties and acted with diligence and responsibility. They provided valuable suggestions for the Company's governance structure, standardized operations, and business development, making positive contributions and ensuring the Company's sound operation and sustained stable development.
The Board of Directors summarizes the work of 2025 and proposes the work suggestions for 2026. After being reviewed and approved by the Board, they will be submitted to the Company's 2025 Shareholders' Meeting for deliberation.
I. Summary of the Board of Directors' Work in 2025
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Convening of Board Meetings and Execution of Resolutions In 2025, the Company's Board of Directors strictly adhered to the Company Law, Securities Law, and other relevant laws, regulations, and rules. It diligently performed its duties as stipulated in the Articles of Association and authorized by the shareholders' meeting. A total of 7 Board meetings were held throughout the year, reviewing proposals such as the election of the Board, the extension of the employee stock ownership plan, related party transactions for photovoltaic EPC projects, share repurchases, the 2024 annual report, and quarterly reports for 2025. The resolutions passed were legal, valid, and diligently implemented.
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Convening of Shareholders' Meetings and Execution of Resolutions Three shareholders' meetings were held throughout the year. Proposals reviewed and approved included the election of directors, related party transactions for photovoltaic EPC projects, profit distribution for 2024, company external guarantees, the cancellation of the Supervisory Board and amendment of the Articles of Association, and the 2024 annual report. The resolutions passed were effectively implemented by the Board.
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Performance of Duties by the Board's Special Committees The Company's Board of Directors has four special committees: the Strategy Committee, the Nomination Committee, the Remuneration and Appraisal Committee, and the Audit Committee. During the reporting period, each committee strictly performed its duties in accordance with the Rules of Procedure for Special Committees formulated by the Board. They provided professional opinions and suggestions in their respective areas of focus, offering valuable references for the Board's scientific decision-making.
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Performance of Duties by Independent Directors During the reporting period, the Company's independent directors strictly adhered to the Company Law, Securities Law, the Regulations on Independent Directors of Listed Companies, and the Articles of Association, among other relevant laws, regulations, and rules. They actively attended relevant meetings, diligently and impartially performed their duties, fully utilized their professional expertise, made objective and fair judgments on matters submitted for Board deliberation, and conscientiously and diligently played their role as independent directors, effectively safeguarding the interests of the Company and all shareholders. For specific details on the performance of duties by independent directors, please refer to the "2025 Annual Report of Independent Directors."