Sichuan Development Longsheng Co., Ltd. 2025 Annual Report of Independent Director (Tang Xuesong)
To all shareholders and shareholder representatives:
As an independent director of Sichuan Development Longsheng Co., Ltd. (hereinafter referred to as the "Company"), I have strictly followed the requirements of laws and regulations such as the "Company Law," "Stock Listing Rules of the Shenzhen Stock Exchange," "Shenzhen Stock Exchange Main Board Listed Company Regulation No. 1 - Regulation of Main Board Listed Companies," and the "Administrative Measures for Independent Directors of Listed Companies," as well as normative documents such as the "Articles of Association" and the "Work System for Independent Directors." I have conscientiously fulfilled my duties with the principles of diligence, responsibility, and integrity. During my tenure, I actively participated in various company meetings, prudently reviewed all proposals submitted to the Board of Directors, closely monitored the company's operating conditions, the construction of its internal control system, and the progress of the Board's resolutions. By actively participating in corporate governance, I have offered rational opinions and suggestions on major matters concerning the company's operations and development, dedicated to safeguarding the overall interests of the company and protecting the legitimate rights and interests of all shareholders, especially small and medium shareholders. I hereby report on my work in 2025:
I. Basic Information
Tang Xuesong, male, born in April 1976, is a member of the Communist Party of China, holds a Ph.D. in Accounting, is a recipient of the Ministry of Education's "New Century Excellent Talents Support Program," and a national accounting leader. He previously served as an independent director of Northern Chemical Industry Co., Ltd. He is currently a professor, doctoral supervisor, and Dean of the School of Accounting at Southwestern University of Finance and Economics, and Secretary-General of the Professional Degree Committee for Accounting Education of the Chinese Graduate Education Association. He also served as Deputy Director of the China Government Audit Research Center, a member of the Financial Management Professional Committee of the Chinese Institute of Certified Public Accountants, an independent director of Bank of Guiyang Co., Ltd., and an independent director of Dongfang Electric Wind Power Co., Ltd., while also serving as an independent director of this Company.
As an independent director of the Company, I hold no other positions within 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 provide financial, legal, or consulting services to the Company or its controlling shareholders or their respective affiliated enterprises. There are no circumstances that would hinder my independent and objective judgment, nor are there any violations of the independence requirements for independent directors as stipulated in Article 6 of the "Administrative Measures for Independent Directors of Listed Companies."
II. Performance of Duties in 2025
During the reporting period, I actively participated in the Board of Directors' meetings, shareholders' meetings, Board special committee meetings, and independent director meetings convened by the Company. Adhering to the principle of diligence and responsibility, I carefully reviewed the proposals and related materials for the meetings and actively participated in discussions on various proposals. Based on this, I provided professional opinions and reasonable suggestions, offering strong support for the Board's scientific and prudent decision-making.
(I) Attendance at Meetings
- Board of Directors and Shareholders' Meetings
As an independent director, before the convening of Board meetings, I proactively understood and obtained the necessary information and materials for decision-making. During the meetings, I listened carefully and reviewed each proposal, actively participated in discussions, and offered reasonable suggestions, playing a positive role in the Company's scientific decision-making. The following is my attendance record for Board and Shareholders' meetings during the reporting period: