Wuxi Shuangxiang Advanced Materials Co., Ltd. Board of Directors' Special Opinion on Independent Director Independence Assessment
The Board of Directors of Wuxi Shuangxiang Advanced Materials Co., Ltd. (hereinafter referred to as the "Company") has, in accordance with the "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Normative Operation of Main Board Listed Companies," and other requirements, assessed the independence of the current independent directors, Yu Chongwen, Zhang Rongxian, and Li Wenli, and hereby issues the following special opinion:
Upon review of the professional backgrounds of independent directors Yu Chongwen, Zhang Rongxian, and Li Wenli, and the self-assessment documents they have signed, it has been determined that the aforementioned individuals do not hold any positions in the Company other than that of independent director, nor do they hold any positions in the Company's major shareholder entities. They have no vested interests or other relationships with the Company and its major shareholders that could impede their independent and objective judgment. There are no circumstances that affect the independence of the independent directors, and they comply with the independence requirements stipulated by the "Administrative Measures for Independent Directors of Listed Companies" and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Normative Operation of Main Board Listed Companies," and other relevant regulations.