Independent Director's Annual Report for 2025
Dear shareholders and shareholder representatives:
As an independent director of Huaming Power Equipment Co., Ltd. (hereinafter referred to as "the Company"), I have diligently fulfilled my responsibilities in accordance with the Company Law of the People's Republic of China, the Management Measures for Independent Directors of Listed Companies, the Listing Rules of the Shenzhen Stock Exchange, and the Self-Regulatory Guidelines for Listed Companies No. 1 - Standard Operation of Main Board Listed Companies, as well as the relevant provisions of the Articles of Association of Huaming Power Equipment Co., Ltd. I have actively attended relevant meetings, carefully reviewed various proposals from the board of directors, expressed independent opinions on matters related to the Company, and effectively safeguarded the interests of the Company and its shareholders, especially the interests of public shareholders. Below is my work report for 2025:
I. Basic Information of the Independent Director
(1) Basic Information
Jiang Xiuchen: Born in 1965, holds a doctoral degree, and is a Chinese national. Mr. Jiang has previously served as a technician at Xi'an High Voltage Switch Factory; independent director of Siyuan Electric Co., Ltd.; and independent director of Dongfang Electronics Co., Ltd. He is currently a professor at Shanghai Jiao Tong University.
(2) Explanation of Independence
As an independent director of the Company, I do not hold any position other than that of independent director, and there are no relationships with the Company or its major shareholders that would hinder my ability to make independent and objective judgments. My position complies with the independence requirements set forth in the Management Measures for Independent Directors of Listed Companies and other relevant laws and regulations, and there are no factors affecting my independence.
II. Attendance at Meetings
(1) Attendance at Board and Shareholder Meetings
In 2025, I was required to attend 9 board meetings and 4 shareholder meetings, and I did not miss any consecutive board meetings. All board and shareholder meetings were convened and held in accordance with legal procedures, and significant operational decisions and other major matters were conducted legally and effectively. After careful review of the board's proposals and other matters, I voted in favor of all proposals without raising any objections or abstentions. The attendance at board meetings in 2025 is as follows:
| Name | Required Attendance | In-Person Attendance | Attendance by Communication | Attendance by Proxy | Absences | Voting Situation |
|---|---|---|---|---|---|---|
| Jiang Xiuchen | 9 | 1 | 8 | 0 | 0 | Voted in favor of all proposals |
The attendance at shareholder meetings in 2025 is as follows:
| Name | Required Attendance | In-Person Attendance | Attendance by Proxy | Remarks |
|---|---|---|---|---|
| Jiang Xiuchen | 4 | 4 | 0 |
Before each board meeting, the Company’s board secretary and office provided me with meeting materials in accordance with legal timelines and introduced relevant situations. After carefully reading the materials and familiarizing myself with the actual circumstances, I attended each meeting, reviewed each proposal, and provided my review opinions, fulfilling my responsibilities for board decision-making.
(2) Performance in Specialized Committees
I serve as a member of the Company's Strategy Committee, Nomination Committee, and Remuneration and Assessment Committee. My attendance at the specialized committees in 2025 is as follows: