002374SZSE

2025 Annual Report of Independent Director (Qian Zhi'ang - Resignation)

Zhongrui Co., Ltd.·

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This report details the performance of Qian Zhi'ang as an independent director of Shandong Zhongrui Industrial Development Co., Ltd. during 2025. It covers his background, attendance at board and shareholder meetings, communication with internal audit and accounting firms, and engagement with small and medium investors. The report concludes with an overall positive evaluation of his diligent fulfillment of duties and contribution to the company's development.

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Shandong Zhongrui Industrial Development Co., Ltd. 2025 Annual Report of Independent Director (Qian Zhi'ang)

As an independent director of Shandong Zhongrui Industrial Development Co., Ltd. (hereinafter referred to as the "Company"), during my tenure, I conscientiously performed my duties as an independent director in accordance with the "Company Law," "Securities Law," "Management Measures for Independent Directors of Listed Companies," and the Company's "Work System for Independent Directors." Leveraging my accounting expertise and experience, I focused on the Company's financial reports and internal control related matters, actively participated in shareholder meetings and board meetings, and diligently reviewed relevant proposals. At the same time, I upheld an independent, objective, and fair stance to effectively protect the legitimate rights and interests of shareholders, especially small and medium shareholders.

In November 2025, following the reshuffle of the seventh board of directors, I resigned as an independent director of the Company. The following is a report of my performance during my tenure in 2025:

I. Basic Information of Independent Director

(I) Personal Work Experience, Professional Background, and Concurrent Positions

I am Qian Zhi'ang, born in June 1966. I graduated from Shanghai Lixin University of Accounting and Finance and hold a Master of Accounting degree from the Chinese University of Hong Kong. Since 2000, I have been employed at Lixin Certified Public Accountants, where I am currently a director and senior partner, and concurrently serve as the Director of the Management Committee of Lixin Management Group's branches and the Director of the Shenzhen Branch. During my tenure, I served as a member of the Expert Committee of the Shanghai Stock Exchange and an appointed director by the Shanghai State-owned Assets Supervision and Administration Commission. I have served as an independent director for Shanghai Bus Co., Ltd., Zhejiang Huayuan Biological Co., Ltd., China Network Technology Co., Ltd., Shanghai Huaihai Group, and Shanghai Jingwei Group. In February 2014, I obtained the qualification certificate for independent directors issued by the Shanghai Stock Exchange. I served as an independent director of the Company from November 2019 to November 2025.

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2025 Annual Report of Independent Director (Qian Zhi'ang - Resignation) — Zhongrui Co., Ltd. | SZSE Releases