Independent Director's Report for 2025
Dear shareholders and representatives:
As an independent director of Huaming Power Equipment Co., Ltd. (hereinafter referred to as "the Company") on the seventh board, I have diligently fulfilled my duties 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 other relevant regulations, as well as the Company's Articles of Association. I have actively attended relevant meetings, carefully reviewed board proposals, expressed independent opinions on company matters, and effectively safeguarded the interests of the Company and its shareholders, especially the interests of public shareholders.
On May 15, 2025, due to the election of a new board, I was elected as an independent director of the Company. Below is my work report during my tenure as an independent director in 2025:
1. Basic Information of the Independent Director
(1) Basic Information
Wang Xumiao: Born in 1979, Chinese nationality, member of the Communist Party of China, no permanent residency abroad. Previous positions include: Director of the Office of the Original Luwan District Government of Shanghai, Section Chief of the Business Committee of Huangpu District (formerly Luwan District), Government Public Lawyer, and full-time lawyer at Shanghai United Law Firm. Currently serving as the Executive Director/Managing Partner of Shanghai Hanhong Law Firm; has been an independent director of the Company since May 15, 2025.
(2) Independence Statement
As an independent director, I do not hold any position in the Company other than that of an 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 circumstances affecting my independence.
2. Attendance at Meetings
(1) Attendance at Board and Shareholder Meetings
In 2025, I was required to attend 5 board meetings and 3 shareholder meetings, and I did not miss any consecutive board meetings. All board and shareholder meetings were convened and conducted in accordance with legal procedures, and significant operational decisions and other major matters were carried out legally and effectively. After careful review of all board 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 | Proxy Attendance | Absences | Voting Situation |
|---|---|---|---|---|---|---|
| Wang Xumiao | 5 | 2 | 3 | 0 | 0 | Voted in favor of all proposals |
The attendance at shareholder meetings in 2025 is as follows:
| Name | Required Attendance | In-Person Attendance | Proxy Attendance | Remarks |
|---|---|---|---|---|
| Wang Xumiao | 3 | 3 | 0 |
Before each board meeting, I received meeting materials from the Company’s board secretary and office in a timely manner and was briefed on relevant situations. Based on this, I carefully read the meeting materials, gained a deep understanding of the Company’s operational management, and attended each meeting on time. During the meetings, I thoroughly reviewed each proposal and provided examination opinions, effectively fulfilling my director responsibilities and assisting the board in making informed decisions.