Yantai Jereh Oilfield Services Group Co., Ltd.
2025 Annual Independent Director's Performance Report — Zhang Xiaoxiao
Dear Shareholders and Shareholder Representatives:
Hello everyone!
As Zhang Xiaoxiao, an independent director of Yantai Jereh Oilfield Services Group Co., Ltd. (hereinafter referred to as the "Company" or "Jereh Stock"), during my term of office, I have strictly followed the "Securities Law," "Company Law," "Administrative Measures for Independent Directors of Listed Companies," "Corporate Governance Guidelines for Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," and other laws and regulations, as well as Jereh Stock's "Articles of Association" and "Work System for Independent Directors." I have conscientiously exercised my powers, performed my duties according to law, fully played the role of an independent director, maintained the standardized operation of the company and the overall interests of shareholders, and conscientiously fulfilled the obligations and responsibilities of an independent director. Herein is a report on my performance of independent director duties in 2025:
I. Basic Information of Independent Director
I, Zhang Xiaoxiao, graduated from the Law School of Shandong University (Weihai) with a major in Legal Methodology and hold a Ph.D. in Law. Since July 2001, I have been a teacher at the Law School of Shandong Technology and Business University, serving successively as an assistant lecturer, lecturer, and associate professor. I am currently an associate professor at the Law School of Shandong Technology and Business University and an independent director of Zhongchong Co., Ltd. My term of office has expired, and I will no longer serve as an independent director of the Company after December 29, 2025.
During the reporting period, my position met the independence requirements stipulated in the "Administrative Measures for Independent Directors of Listed Companies," and there were no circumstances affecting my independence. My director's statement and commitment have not changed.
II. Attendance at Company Meetings
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Attendance at Board Meetings. In 2025, the Company held a total of 11 board meetings. I personally attended all 11 meetings. There were no instances of proxy attendance, absence, or failure to attend two consecutive board meetings in person. I voted in favor of all proposals submitted to the board.
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Attendance at Shareholder Meetings. In 2025, the Company held 3 shareholder meetings: the 2024 Annual Shareholders' Meeting, the 2025 First Extraordinary Shareholders' Meeting, and the 2025 Second Extraordinary Shareholders' Meeting. I attended all shareholder meetings held by the Company during my term.
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Opinions Expressed
In 2025, I expressed independent opinions or prior approval opinions on the following matters:
| No. | Meeting Session | Date of Meeting | Matters on Which Opinions Were Expressed | Type of Opinion |
|---|---|---|---|---|
| 1 | Sixth Board of Directors | April 8, 2025 | "2024 President's Work Report" | Approved |