Independent Director 2025 Annual Performance Report (Jiang Ning)

To the Shareholders:

Hangzhou Hengdian Electric Co., Ltd. Independent Director 2025 Annual Performance Report (Jiang Ning)

As an independent director of Hangzhou Hengdian Electric Co., Ltd. (hereinafter referred to as the "Company"), I have strictly performed my duties and obligations as an independent director in accordance with the "Company Law of the People's Republic of China," the "Administrative Measures for Independent Directors of Listed Companies," the "Articles of Association," and the "Work System for Independent Directors" during 2025. I actively attended relevant meetings, carefully reviewed various proposals, and expressed opinions on related proposals, fully leveraging the independence and professionalism of independent directors to effectively protect the legitimate rights and interests of the Company and its shareholders, especially small and medium shareholders. The report on my performance in 2025 is as follows:

I. Basic Information of Independent Director

1. Work Experience, Professional Background, and Concurrent Positions of Independent Director I, Jiang Ning, born in 1964, am a Chinese national with no permanent overseas residency. I hold a bachelor's degree and am an expert in the field of communication power supply and air conditioning. I have long served as a member of the Professional Committee of Information and Communication Energy of the Zhejiang Communications Society and a member of the GDCC Green Energy Data Center Committee. Since 1998, I have been employed by China Mobile Communications Group Zhejiang Co., Ltd. Nanjing Branch, and have now retired. I have served as an independent director of the Company since July 2025.

2. Statement of Independence During my tenure as an independent director of the Company, I do not hold any position that is prohibited for independent directors under the "Administrative Measures for Independent Directors of Listed Companies." I have no conflict of interest with the Company or its major shareholders, nor any other relationship that could affect my independent and objective judgment. I meet the requirements for independence of independent directors stipulated in the "Administrative Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws and regulations.

II. Overview of Independent Director's Performance in 2025

(I) Performance of Duties in Board of Directors and Shareholder Meetings In 2025, the Company held 9 board meetings and 2 shareholder meetings. The convening and holding of these meetings complied with legal procedures. Major operational decisions and other significant matters underwent relevant procedures and were legally effective. I actively participated in the Company's board and shareholder meetings, faithfully performed my duties as an independent director, and did not have any absences, entrustments to others, or consecutive absences from meetings. My attendance in 2025 is as follows:

Attendance at Board and Shareholder Meetings During Tenure