Independent Director's Annual Work Report for 2025 (Chen Yanyan)
Dear shareholders and representatives:
In 2025, during my tenure as an independent director of Shenzhen Walden Materials Co., Ltd. (hereinafter referred to as "the Company"), I strictly adhered to the relevant laws and regulations, including the Company Law of the People's Republic of China, the Management Measures for Independent Directors of Listed Companies, and the Listing Rules of the Shenzhen Stock Exchange, as well as the Company's Articles of Association and the Independent Director Work System. I diligently, faithfully, and responsibly fulfilled my duties, fully leveraging the role of an independent director to effectively safeguard the legitimate rights and interests of the Company and all shareholders, especially minority shareholders. I hereby report on my performance in 2025 as follows:
I. Basic Information of the Independent Director
Ms. Chen Yanyan, Chinese nationality, born in 1963, a member of the Communist Party of China, holds a graduate degree, and is an economist and senior political worker. She is a special researcher at the China Logistics Society and an expert member of the China Supply Chain Research Center. Since January 2009, she has served as Secretary-General, Vice President, and Advisor of the Shenzhen Alumni Association of Renmin University of China. She has held various positions, including director of Shenzhen Hangseng Electronics Co., Ltd., independent director of Shenzhen Wanrun Technology Co., Ltd., independent director of Shenzhen Qixin Group Co., Ltd., director of Guangdong Meixin Technology Co., Ltd., independent director of Shenzhen Jiemite Technology Co., Ltd., independent director of Shenzhen Wenkai Landscape Co., Ltd., independent director of Shenzhen Huashengchang Technology Industrial Co., Ltd., and independent director of Shenzhen Zhengzhong Design Co., Ltd. She currently serves as an independent director of China Gas Holdings Limited and Shenzhen Manstech Technology Co., Ltd. I have been an independent director of the Company from October 2019 to November 2025. During my term, I conducted a self-assessment of my independence as an independent director and confirmed that I meet the independence requirements stipulated in the relevant laws and regulations, including the Management Measures for Independent Directors of Listed Companies and the Self-Regulatory Guidelines for Main Board Listed Companies of the Shenzhen Stock Exchange, with no circumstances affecting my independence.
II. Performance in 2025
During my tenure in 2025, I actively participated in the Company's shareholder meetings, board meetings, special committees, and independent director meetings with a diligent and responsible attitude. I carefully reviewed various proposals, utilized my professional knowledge and social experience, actively participated in discussions on various topics, and provided rational suggestions, playing a positive role in the scientific decision-making of the board of directors.
(1) Attendance at Board and Shareholder Meetings
In 2025, the Company held a total of 11 board meetings and 3 shareholder meetings during my tenure. The convening of board and shareholder meetings complied with legal procedures, and all major business decisions and other significant matters followed the relevant approval processes. My attendance at the meetings is as follows:
| Independent Director Name | Total Board Meetings Required | In-Person Attendance | Proxy Attendance | Absences | Consecutive Absences | Total Shareholder Meetings Held | Shareholder Meetings Attended |
|---|---|---|---|---|---|---|---|
| Chen Yanyan | 11 | 11 | 0 | 0 | No | 3 | 3 |