Jiangsu Yanghe Brewery Joint Stock Company 2025 Annual Independent Director Performance Report
As an independent director of Jiangsu Yanghe Brewery Joint Stock Company (hereinafter referred to as the "Company"), I have strictly abided by the "Company Law," "Management Measures for Independent Directors of Listed Companies," "Corporate Governance Guidelines," and other laws and regulations, as well as the "Articles of Association," faithfully performed my duties as an independent director, fully utilized my independent judgment and professional capabilities, and effectively protected the interests of the Company and all shareholders. The following is a report on my performance of independent director duties in 2025:
I. Basic Information of Independent Director
(I) Work Experience, Professional Background, and Concurrent Positions
I, Hong Jinming, hold a Ph.D. I previously served as a credit manager at the Beijing Development Zone Branch of Agricultural Bank of China, a product manager in the Planning and Finance Department of the Beijing Branch, and a senior specialist (Section Chief) at the Head Office of Agricultural Bank of China. I also served as an independent director for Wuzhou Special Paper and Guoyao Co., Ltd. I am currently an independent director of the Company, the Deputy Director of the Financial and Accounting Research Center of the Chinese Academy of Fiscal Sciences, and an independent director of Aibulu.
(II) Statement on Independence
Upon self-examination, during my tenure as an independent director of the Company, neither I nor my immediate family members or principal social relations are employed by the Company or its affiliated enterprises. I do not directly or indirectly hold shares in the Company, nor am I employed by any entity that directly or indirectly holds 5% or more of the Company's issued shares or is among the top five shareholders. I am not employed by any affiliated enterprise of the Company's controlling shareholder or actual controller. I have no significant business dealings with the Company, its controlling shareholder, actual controller, or their affiliated enterprises, nor have I provided financial, legal, consulting, or underwriting services to the Company, its controlling shareholder, actual controller, or their affiliated enterprises. I possess the independence required by laws and regulations, and I have submitted an independence self-assessment report to the Company's board of directors.