Suzhou Hecheng New Material Co., Ltd. 2025 Annual Independent Director's Report (Xie Hui)
I, the undersigned, have served as an independent director of Suzhou Hecheng New Material Co., Ltd. (hereinafter referred to as the "Company") since April 29, 2024. In 2025, I strictly adhered to the requirements of relevant laws and regulations such as the Company Law, the Securities Law, and the "Administrative Measures for Independent Directors of Listed Companies," diligently fulfilling my duties with integrity and independent judgment. I actively participated in board and special committee meetings, carefully reviewed all proposals, and ensured that the decision-making process was scientific and compliant. I provided special opinions on matters such as periodic reports and related-party transactions, effectively exercising the supervisory and restraining role of independent directors, and significantly enhancing the standardization of corporate governance and the transparency of decision-making. In the course of my duties, I focused on protecting the interests of investors, particularly paying close attention to proposals involving profit distribution plans that affect the interests of small and medium shareholders. I engaged in in-depth communication with the Company's management, board members, and shareholder representatives to promptly understand the progress of proposal implementation and potential risks, offering targeted suggestions and solutions. The following is a brief report of my performance during the reporting period:
I. Basic Information of Independent Director
(I) Work Experience, Professional Background, and Concurrent Positions
I, Xie Hui, male, born in September 1984, am a Chinese national with no permanent residency abroad. I hold a bachelor's degree from Shanghai University of Finance and Economics, am a certified public accountant in China, and possess the qualification of secretary to the board from the Shenzhen Stock Exchange. From July 2007 to February 2016, I served as a manager at Ascend Certified Public Accountants (Special General Partnership). From March 2016 to the present, I have been the financial controller of the Shanghai branch of Ganzhou Shengqian Investment Management Co., Ltd. From November 2018 to the present, I have served as a director and general manager of Ganzhou Depeng Investment Management Co., Ltd. Since April 2024, I have served as an independent director of the Company.
(II) Independence Status
Upon self-assessment, during my tenure as an independent director in 2025, my position complied with the independence requirements stipulated in Article 6 of the "Administrative Measures for Independent Directors of Listed Companies," and there were no circumstances that affected my independence.
II. Annual Performance
During the reporting period, I consistently maintained an attitude of high responsibility towards all shareholders and conscientiously performed my duties in strict accordance with relevant laws and regulations. Through regular, specialized communication with the Company's management and board members, I gained an in-depth understanding of the Company's production and operational status and the decision-making process for major matters, ensuring the standardized operation of corporate governance. Based on industry trends and the Company's actual situation, I provided suggestions for the adjustment of the Company's strategic plans, business optimization, and risk management, thereby enhancing the standardization and transparency of decision-making and promoting the Company's high-quality development.
(I) Attendance at Board and Shareholders' Meetings
I have served as an independent director of the Company since April 29, 2024. This year, I was scheduled to attend 8 board meetings and 4 shareholders' meetings. I actually attended 8 board meetings, including 3 in person and 5 via communication. I attended 2 shareholders' meetings as a non-voting participant and did not authorize any other independent director to attend meetings on my behalf.