Independent Director's 2025 Annual Work Report
Dear shareholders and representatives:
Hello! As an independent director of Shenzhen Sunlord Electronics Co., Ltd. (hereinafter referred to as "the Company"), I have diligently fulfilled my responsibilities in accordance with 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 Work System for Independent Directors. Below is my performance report for 2025:
I. Basic Information of the Independent Director
I, Li Xiao, born in 1984, hold Chinese nationality and have a master's degree. From 2017 to June 2025, I served as the General Manager of China Mobile Investment Innovation Management Co., Ltd., and since December 2020, I have been an independent director of the Company. After self-examination, I confirm that I meet the independence requirements stipulated in relevant laws and regulations, and there are no circumstances affecting my independence.
II. Performance in 2025
(1) Attendance at Board and Shareholder Meetings
In 2025, the Company's seventh board of directors held a total of 6 board meetings and organized 2 shareholder meetings. My attendance record is as follows:
| Independent Director Name | Board Meeting Attendance | Shareholder Meeting Attendance |
|---|---|---|
| Meeting Count | In-person Attendance | |
| Li Xiao | 6 | 0 |
As an independent director, I attended board meetings and shareholder meetings on time, reviewed all proposals presented at the board meetings, and voted in favor without raising objections or abstaining.
(2) Special Meetings of Independent Directors
In 2025, the seventh board of directors held two special meetings for independent directors, both of which I attended on time without any unexcused absences. The details are as follows:
| Date | Session | Agenda Items |
|---|---|---|
| 2025-02-25 | 8th | 1. Proposal on the Company's 2024 Profit Distribution Plan 2. Proposal on the 2024 Internal Control Self-Evaluation Report 3. Proposal on the Reappointment of the Accounting Firm 4. Proposal on Director Compensation 5. Proposal on Senior Management Compensation 6. Proposal on the Company's 2024 Daily Related Transactions Statistics and 2025 Daily Related Transactions Forecast 7. Proposal on Providing Guarantees for the Holding Company in 2025 8. Proposal on the Exit Plan for Core Employees' Shareholding in the Holding Company involving Related Transactions |
| 2025-07-29 | 9th | 1. Proposal on the Draft and Summary of the Fifth Employee Stock Ownership Plan of Shenzhen Sunlord Electronics Co., Ltd. 2. Proposal on the Second Core Employee Stock Ownership Plan of the Holding Company involving Related Transactions |
(3) Attendance at Board Committees
In 2025, I attended a total of 7 meetings of the board committees, with the following attendance record:
| Independent Director Name | Compensation and Assessment Committee | Strategic Committee |
|---|---|---|
| Required Attendance | In-person Attendance | |
| Li Xiao | 3 | 3 |
As the convener of the Compensation and Assessment Committee and a member of the Strategic Committee, I actively fulfilled my responsibilities in accordance with the relevant requirements of the committee's working rules.