Luo Lai Life Technology Co., Ltd.
Independent Director's Performance Report - Xu Bingda
As an independent director of Luo Lai Life Technology Co., Ltd. (hereinafter referred to as the "Company"), for the year 2025, I have strictly followed the "Company Law of the People's Republic of China," "Guiding Principles for the Governance of Listed Companies," "Measures for the Administration of Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listing Company Self-Regulatory Management Guidelines No. 1 - Norms for Operation of Main Board Listed Companies," and other relevant laws, administrative regulations, and normative documents, as well as the "Articles of Association" and "Work System for Independent Directors" and other relevant laws and regulations. I have diligently exercised the rights granted by the Company, promptly understood the Company's production and operation information, comprehensively paid attention to the Company's development status, actively attended relevant meetings convened by the Company in 2025, reviewed relevant matters deliberated by the Board of Directors and provided professional opinions, faithfully performed my duties, fully exercised the role of independent director, and protected the overall interests of the Company and the legitimate rights and interests of all shareholders. This report summarizes my work in 2025.
I. Personal Information
(I) Personal Basic Information
Xu Bingda, male, born in 1965, Chinese national, member of the Communist Party of China, Han ethnicity, graduated from the Law School of Nanjing University. He began working at the Nantong Municipal Bureau of Justice in 1986; worked at the Nantong Second Law Firm (later renamed Jiangsu Pingfan Law Firm) in 1989; served as Director and Partner of Beijing Weihang Law Firm from 2011 onwards. He is currently a Senior Partner at Beijing Weihang (Shanghai) Law Firm, an independent director of Longlida Intelligent Technology Co., Ltd., and an independent director of Luo Lai Life Technology Co., Ltd.
(II) Explanation of Circumstances Affecting Independence
I possess the independence required by the "Measures for the Administration of Independent Directors of Listed Companies" and there are no circumstances affecting my independence.
II. Performance in 2025
(I) Attendance at Company Meetings in 2025
During the reporting period, I was scheduled to attend 5 Board of Directors meetings and actually attended 5 Board of Directors meetings. I attended 2 meetings in person and participated in 3 meetings via communication. There were no instances of entrusting others to attend or absence, nor were there consecutive instances of not attending in person or entrusting other independent directors to attend. During the reporting period, I was scheduled to attend 2 shareholder meetings and actually attended 2 shareholder meetings.
I have attended Board of Directors meetings and shareholder meetings in accordance with the requirements of the "Articles of Association," "Shareholder Meeting Rules," and "Board of Directors Meeting Rules." I have diligently reviewed the proposals submitted to the Board of Directors and voted in favor, with no instances of dissenting, abstaining, or being unable to express an opinion. Based on the principles of diligence, pragmatism, integrity, and responsibility, I have cast affirmative votes after objective and prudent consideration of all proposals.
(II) Attendance at Board of Directors Special Committee Meetings
As the Chairman of the Remuneration Committee and a member of the Nomination Committee, I have focused on the Company's corporate governance, remuneration and performance appraisal system, implementation of equity incentives, selection and appointment of directors and senior management, and the Company's operational status, effectively protecting the interests of small and medium investors. In 2025, I attended 1 meeting of the Nomination Committee and 3 meetings of the Remuneration and Performance Appraisal Committee.
(III) Independent Director Special Meetings and Exercise of Independent Director Powers