Tianyu Digital Technology Group Co., Ltd. Independent Director Liu Hongxia (Term Ended) 2025 Annual Report
In 2025, as an independent director of Tianyu Digital Technology Group Co., Ltd. (hereinafter referred to as the "Company"), in accordance with the "Company Law," "Guiding Principles on Corporate Governance of Listed Companies," "Measures for the Administration of Independent Directors of Listed Companies," and other laws, regulations, and normative documents, as well as the "Articles of Association" and the "Work System for Independent Directors of the Company," I have faithfully performed my duties, actively attended relevant company meetings, diligently reviewed all proposals submitted to the board of directors during my term, and effectively protected the overall interests of the company and the legitimate rights and interests of all shareholders, especially small and medium shareholders. The report on my performance of independent director duties during my term in 2025 is as follows:
I. Basic Information of Independent Director
(I) Personal Information Liu Hongxia: Female, Chinese national, with no overseas residency. Holds a Ph.D. and completed post-doctoral research in corporate governance at Nankai University. She has served as a visiting scholar at Victoria University of Australia and Cardiff University in the UK; taught at the Capital University of Economics and Business and the School of Accounting at Shandong University of Finance and Economics; and is currently a professor and doctoral supervisor at the School of Accounting, Central University of Finance and Economics. She has previously served as an independent director of Cinda Real Estate Co., Ltd., China Merchants Nanjing Oil Transport Co., Ltd., Joyoung Co., Ltd., and an external supervisor of China Agricultural Bank Co., Ltd. She currently serves as an independent director of Henan Zhongfu Industrial Co., Ltd., Jiajiayue Group Co., Ltd., and Beijing SNOWDT Technology Co., Ltd.
During the reporting period, I resigned as an independent director of the Company on October 14, 2025, due to the term expiration and will not hold any other positions in the Company after my resignation.
(II) Explanation Regarding Circumstances Affecting Independence During my tenure as an independent director, after self-examination, I comply with the relevant requirements of the "Measures for the Administration of Independent Directors of Listed Companies," "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Supervision Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws and regulations regarding the independence of independent directors. There are no circumstances affecting my independence.
II. Annual Performance of Independent Director Duties
(I) Attendance at Board Meetings In 2025, the Company held 6 board meetings during my tenure as an independent director. I personally attended all meetings, without absence or entrusting other directors to attend and exercise voting rights on my behalf. I voted in favor of all 20 proposals reviewed at all board meetings, with no opposing or abstaining votes. During the meetings, I diligently reviewed the proposals, actively participated in discussions, and offered reasonable suggestions. I exercised my voting rights independently, objectively, and prudently, playing a positive role in the board's correct and scientific decision-making, and safeguarding the overall interests of the company and its small and medium shareholders.
(II) Attendance at Shareholder Meetings In 2025, I attended 3 shareholder meetings during my tenure as an independent director. I thoroughly reviewed the materials for the shareholder meetings in advance and promptly communicated with relevant company personnel if I had any questions. The convening and holding of the company's shareholder meetings complied with legal procedures, and major operational decisions and other significant matters were handled in accordance with relevant procedures, making them legal and effective. Therefore, I raised no objections to any proposals or other matters at the company's shareholder meetings.