To All Shareholders:
Hangzhou Zhongheng Electric Co., Ltd. Independent Director 2025 Annual Performance Report (Ye Xiaojian)
As an independent director of the Eighth and Ninth Boards of Directors of Hangzhou Zhongheng Electric Co., Ltd. (hereinafter referred to as the "Company"), I have diligently and loyally 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," among other company regulations. I actively attended relevant meetings, carefully reviewed various proposals, and expressed opinions on relevant proposals, fully leveraging the independence and professionalism of an independent director 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
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Work Experience, Professional Background, and Concurrent Positions of Independent Director I am Ye Xiaojian, born in 1975, a Chinese national with no overseas permanent residency, holding a bachelor's degree. I am a Senior Accountant, a Certified Public Accountant (USA), and a Certified Internal Auditor (International). I am also a Zhejiang Provincial Special Support Leading Talent, a National High-End Accounting Talent, a Zhejiang Provincial International High-End Accounting Talent, a Hangzhou Leading Talent, and a Hangzhou Class C Talent. I am a member of the Second Zhejiang Provincial Management Accounting Consulting Committee, the Deputy Director of the Zhejiang Provincial Accounting Leading Talent Committee, the Director of the Hangzhou Accounting Leading Talent Committee, and the Vice President of the Hangzhou Binjiang District Internal Audit Association. I previously served as the Financial Manager of Hualu Group Co., Ltd. and am currently the Chief Financial Officer of Dongguan Group Co., Ltd., and an independent director of Zhejiang New Energy Investment Group Co., Ltd. and Chuangzhi Lian Technology Co., Ltd. I have served as an independent director of the Company since May 27, 2024.
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Statement of Independence During my tenure as an independent director of the Company, I do not hold any position that prohibits me from serving as an independent director as stipulated in the "Administrative Measures for Independent Directors of Listed Companies." I have no conflict of interest or other relationships with the Company and its major shareholders that could affect my independent and objective judgment. I meet the relevant requirements for the independence of independent directors as stipulated in the "Administrative Measures for Independent Directors of Listed Companies" and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision 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) Attendance at Board Meetings and Shareholder Meetings In 2025, the Company convened 9 board meetings and 2 shareholder meetings. The convening and holding of these meetings complied with legal procedures. Major operating decisions and other significant matters underwent relevant procedures and were legally effective. I attended the Company's board meetings and shareholder meetings diligently and faithfully fulfilled my duties as an independent director, without any absences, entrustments to others, or consecutive absences from meetings without personal attendance. My attendance in 2025 is as follows: