Vanke Technology Co., Ltd.
2025 Annual Independent Director's Performance Report
(Yang Youhong)
To all shareholders and shareholder representatives: During my tenure as an independent director of Vanke Technology Co., Ltd. (hereinafter referred to as the "Company"), I have strictly adhered to the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 1 - Normative Operation of Main Board Listed Companies," "Articles of Association," and the "Independent Director System," and other relevant laws, regulations, and requirements. I have faithfully performed my duties as an independent director, fully utilized my role, and diligently and conscientiously protected the legitimate rights and interests of the Company and all shareholders, especially small and medium shareholders. Herein is a report on my performance of independent director duties during the 2025 term:
I. Basic Information of Independent Director
(I) Work Experience, Professional Background, and Concurrent Positions
Yang Youhong, male, Chinese national, with no overseas residency. Born in 1963, holds a postdoctoral degree, is a professor of accounting, doctoral supervisor, a recipient of the Ministry of Finance's "Accounting Masters" project, a "Teaching Master" in Beijing Universities, a "Great Wall Scholar" in Beijing, a "High-Level Talent Teaching Master" in Beijing, and a Certified Public Accountant in China. He has served as Dean of the School of Accounting and Dean of the Business School at Beijing Technology and Business University, and Director of the Science and Technology Department at Beijing Technology and Business University. He currently serves as an external director of China National Light Industry Group Co., Ltd. and an independent director of the Company.
(II) Circumstances Not Affecting Independence
I do not hold any positions in the Company other than director. I have no direct or indirect interest relationship with the Company or its major shareholders, nor any other relationship that may affect my independent and objective judgment. I perform my duties independently, free from the influence of the Company, its major shareholders, or any other entity or individual. In 2025, I conducted a self-assessment of my independence and confirmed that I meet all applicable regulatory requirements for serving as an independent director of the Company. I submitted the self-assessment results to the Board of Directors. The Board of Directors evaluated my independence and found no circumstances that may affect my independent and objective judgment as an independent director, concluding that I continue to maintain my independence.
II. Overview of Annual Performance
(I) Attendance at Meetings
During the reporting period, I actively participated in the shareholder meetings, board meetings, and special committee meetings convened by the Company. I faithfully performed my duties as an independent director.
- Attendance at Board and Shareholder Meetings During the reporting period, the Company convened a total of 16 board meetings and 5 shareholder meetings. I attended all board meetings convened by the Company, participating in 5 meetings in person and 11 meetings via communication. I did not entrust any attendance to others, nor did I fail to attend two consecutive board meetings in person. I attended one shareholder meeting as a non-voting participant during my term. I carefully reviewed all proposals submitted to the Board of Directors, maintained full communication with the Company's management, and offered many constructive suggestions, exercising my voting rights with prudence. I believe that the convening and holding of the Company's board meetings complied with legal procedures, and major operational matters underwent relevant approval procedures, making the resolutions legally effective. Therefore, I voted in favor of all board proposals and other matters, with no dissenting opinions, objections, or abstentions.
- Attendance at Board Special Committee Meetings (1) As the convener of the Audit Committee of the Seventh Board of Directors, I convened 6 meetings of the Audit Committee of the Seventh Board of Directors in 2025. I reviewed the Company's internal control system and its implementation; reviewed the Company's annual, semi