Suzhou Hecheng New Material Co., Ltd. 2025 Annual Report of Independent Director (Yan Yan)
I, Yan Yan, as an independent director of Suzhou Hecheng New Material Co., Ltd. (hereinafter referred to as the "Company"), in strict accordance with the "Company Law of the People's Republic of China," the "Guiding Opinions on the Corporate Governance of Listed Companies," the "Administrative Measures for Independent Directors of Listed Companies," and other laws and regulations, as well as the "Articles of Association," have, with objectivity, fairness, and independence, actively fulfilled my duties as an independent director, safeguarding the overall interests of the Company and the legitimate rights and interests of all shareholders, especially minority shareholders. I hereby briefly report on my performance during the reporting period:
I. Basic Information of Independent Director
(I) Work Experience, Professional Background, and Concurrent Positions I, Yan Yan, female, born in January 1987, Chinese national, with no permanent overseas residency. I hold a Master of Laws degree from East China University of Political Science and Law, a Master of Laws in Financial Law from Chicago-Kent College of Law, and a Master of Business Administration in Finance and Financial Direction from Arizona State University. I am currently a Senior Partner and Deputy Secretary of the Party Committee at Hecheng Law Firm, an Arbitrator at the Shanghai Arbitration Commission, an Arbitrator at the Shanghai International Arbitration Center, a specially appointed public interest lawyer at the China Investor Protection Fund, a supervisor for the Master of Laws program at East China University of Political Science and Law, and a researcher at the Securities Crime Research Center of KoGuan Law School, Shanghai Jiao Tong University. I have served as an independent director of the Company since January 2024.
(II) Independence Upon self-assessment, during my tenure as an independent director of the Company, my position meets the independence requirements stipulated in Article 6 of the "Administrative Measures for Independent Directors of Listed Companies," and there are no circumstances that affect my independence.
II. Annual Performance
(I) Attendance at Board and Shareholder Meetings Since taking office, I have actively participated in the board and shareholder meetings convened by the Company and conscientiously fulfilled my duties. I have pre-reviewed meeting proposals and related materials, actively participated in discussions on all proposals, and offered reasonable suggestions. This year, I was scheduled to attend 8 board meetings and 4 shareholder meetings. I actually attended 8 board meetings, including 1 in person and 7 via teleconference, and attended 1 shareholder meeting. During the year, I did not raise any objections to any of the Company's matters, nor did I authorize any other independent director to attend meetings on my behalf. In 2025, the convening and holding of the Company's board and shareholder meetings complied with legal procedures, and major business decisions and other significant matters underwent the relevant approval procedures.
(II) Attendance at Board Special Committees and Independent Director Special Meetings I served as the Chairman of the Remuneration and Assessment Committee and a member of the Strategy Committee of the sixth and seventh Boards of Directors of the Company. My work during my tenure is as follows: