Dear shareholders and representatives:
As an independent director of Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company"), I have strictly adhered to the provisions of the Company Law, the Management Measures for Independent Directors of Listed Companies, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 1 - Standard Operation of Main Board Listed Companies, the Articles of Association, and the Independent Director Work System during my tenure. In my work throughout 2025, I have acted with integrity, diligence, and responsibility, actively attending relevant meetings, carefully reviewing various proposals, and fully exercising the role of an independent director to protect the interests of the Company and all shareholders, especially the legitimate rights and interests of minority shareholders. I hereby report on my performance of independent director duties in 2025 as follows:
1. Attendance at Board Meetings and Shareholder Meetings
During the reporting period, I carefully reviewed all proposals presented at the board meetings held by the Company this year, with no objections raised, nor any instances of opposition or abstention. I actively participated in discussions on various proposals and provided reasonable suggestions, all of which were adopted by the Company, contributing positively to the board's correct and scientific decision-making. The convening of the board and shareholder meetings complied with legal procedures, and all significant operational decisions and other major matters followed the relevant approval processes. My attendance at meetings is as follows:
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Attendance at Board Meetings | Independent Director Name | On-site Attendance | Attendance via Communication | Proxy Attendance | Absences | Consecutive Absences | |---------------------------|-------------------|-----------------------------|------------------|----------|---------------------| | Xing Wei | 0 | 5 | 0 | 0 | No |
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Attendance at Shareholder Meetings During my term, the Company held a total of 4 shareholder meetings in 2025, and I attended all 4 meetings.
2. Performance of Duties in Board Committees and Independent Director Meetings
(1) Attendance at Board Committees
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As the Chairman of the Audit Committee, I attended 4 meetings of the Audit Committee during the reporting period, reviewing multiple internal audit reports, including the Company's annual report for 2024 and quarterly reports for 2025, as well as reports from subsidiaries. I conducted the following main tasks: reviewing periodic reports, financial statements, and profit distribution plans, and evaluating the audit situation of Unitaizhenqing Accounting Firm. I reviewed and verified the Company's periodic reports and related financial statements, confirming the contents with the accounting firm and senior management to ensure the reports were true, accurate, and complete.
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As a member of the Compensation and Assessment Committee, I reviewed the compensation plans for the Company's directors and senior management according to the Articles of Association and the Implementation Rules of the Compensation and Assessment Committee. To motivate the directors, supervisors, senior management, and core employees of the Company and its subsidiaries, the committee continuously explored and improved the performance assessment system.