To the Shareholders and Shareholder Representatives:
Zhejiang Weixing New Material Co., Ltd. Independent Director's 2025 Performance Report
As an independent director of Zhejiang Weixing New Material Co., Ltd. (hereinafter referred to as the "Company"), during my term in 2025, I strictly adhered to the "Administrative Measures for Independent Directors of Listed Companies," "Corporate Governance Guidelines," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Normative Operation of Main Board Listed Companies," and other laws and regulations, as well as the "Articles of Association" and the "Work System for Independent Directors of the Company" and other rules and regulations. I diligently and conscientiously performed my duties as an independent director, actively played a role in supervision and decision-making consultation, and effectively protected the legitimate interests of the Company and all shareholders. The following is a report of my performance during my term in 2025:
I. Basic Information of Independent Director
I, Zhu Xiehe, born in October 1956, hold a Master's degree in Business Administration. I previously served as a consultant to the Board Secretary Professional Committee of the Zhejiang Listed Companies Association. I am currently an independent director of Wankai New Materials Co., Ltd. and Zhejiang Zhengte Co., Ltd. During the reporting period, I served as an independent director of the Company and completed my term on December 26, 2025.
During my term, I met the independence requirements stipulated by the "Administrative Measures for Independent Directors of Listed Companies" and the "Work System for Independent Directors of the Company," and there were no circumstances that affected my independence.
II. Overview of Independent Director's Performance in 2025
- Attendance at Board Meetings and Shareholder Meetings
During my term in 2025, the Company held 7 board meetings, 1 annual general meeting, and 2 extraordinary general meetings. My attendance is as follows:
| Board Meetings | Extraordinary General Meetings | |
|---|---|---|
| Should have attended | 7 | 3 |
| Attended in person | 3 | 1 |
| Attended via phone | 4 | 2 |
| Entrusted attendance | 0 | 0 |
| Absent | 0 | 0 |
During my term, I actively attended board meetings and shareholder meetings and delivered a performance report at the annual general meeting. During the meetings, I carefully reviewed the meeting materials, exercised my voting rights prudently, expressed independent review opinions, and utilized my professional expertise to provide constructive suggestions, promoting scientific decision-making by the board of directors. The convening and holding of the Company's board meetings and shareholder meetings complied with legal procedures. I voted in favor of all proposals and did not cast any dissenting or abstention votes.
- Attendance at Special Board Committees and Independent Director Meetings
(1) Board Nomination Committee
As the Chairman of the Board Nomination Committee, during my term in 2025, I presided over two meetings. We reviewed and approved the "Work Report of the Company's Nomination Committee for 2024" and the "Proposal on Nominating Directors." The meetings comprehensively summarized the achievements and shortcomings of the Nomination Committee's work in 2024, planned the work for 2025, and strictly reviewed and prudently nominated candidates for the new board of directors regarding their qualifications, professional background, work experience, and ability to perform their duties, ensuring the compliant and orderly progress of the election process.
(2) Board Audit Committee