Shanghai Xinpeng Industrial Co., Ltd. 2025 Annual Independent Director's Report Wang Huaigang
As an independent director of Shanghai Xinpeng Industrial Co., Ltd. (hereinafter referred to as the "Company"), in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for Independent Directors of Listed Companies," "Stock Listing Rules of the Shenzhen Stock Exchange," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 1 - Norms for Operation of Main Board Listed Companies," and other laws and regulations, as well as the "Articles of Association," I have diligently and faithfully performed my duties, gained a thorough understanding of the Company's operations, and actively attended relevant company meetings. I have carefully reviewed all proposals submitted to the board of directors, and protected the interests of shareholders. Herein is my report to the shareholders on my performance of independent director duties in 2025:
I. Basic Information (I) Personal Work Experience, Professional Background, and Concurrent Positions I, Wang Huaigang, born in 1969, am a Chinese national with no overseas residency. I hold a postgraduate degree and a Master of Laws. I am currently an independent director of the Company and a partner at Duan & Duan (Hongqiao International Central Business District) Law Firm.
(II) Statement on Circumstances Affecting Independence
- Neither I nor my immediate family members or principal social relations are employed by the Company or its affiliated enterprises. Neither I nor my immediate family members directly or indirectly hold 1% or more of the Company's issued shares. I am not among the Company's top ten shareholders, nor am I employed by any shareholder that directly or indirectly holds 5% or more of the Company's issued shares, nor am I employed by any of the Company's top five shareholders.
- I have not provided financial, legal, management consulting, or technical consulting services to the Company or its affiliated enterprises. I have not received any additional, undisclosed benefits from the Company, its principal shareholders, or related parties. During the reporting period, 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 affecting my independence.