2025 Annual Report of Independent Director (Wang Xiaochuan)
I, as an independent director of Beijing BDStar Navigation Co., Ltd. (hereinafter referred to as the "Company"), in accordance with the "Company Law," "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Main Board Listed Company Normative Operation Guide No. 1," and the "Articles of Association," "Work System for Independent Directors," and "Special Meeting Work System for Independent Directors," and other relevant laws, regulations, and requirements, have faithfully performed the duties of an independent director. I actively attended relevant Company meetings in 2025, diligently reviewed all proposals, and safeguarded the overall interests of the Company and the interests of all shareholders, especially minority shareholders. The following is a summary of my performance as an independent director in 2025:
I. Basic Information of the Independent Director
Wang Xiaochuan, a Chinese national with no overseas residency, was born in October 1978 and holds a doctoral degree. He is currently an independent director of the Company. He previously served as CTO of Beijing Sohu New Era Information Technology Co., Ltd. and CEO of Beijing Sogou Technology Development Co., Ltd. He served as an independent director of the Company from January 27, 2014, to May 18, 2017. He currently serves as the executive director and general manager of Baichuan Intelligent Technology Co., Ltd. and Beijing Wuji Technology Co., Ltd.
My appointment meets the independence requirements stipulated in the "Administrative Measures for Independent Directors of Listed Companies" and other regulations, and there are no circumstances that affect my independence.
II. Overview of Independent Director's Performance in 2025
(I) Attendance at Shareholders' Meetings and Board Meetings
In 2025, the Company held 9 board meetings. I diligently reviewed the relevant meeting materials, exercised my voting rights prudently, and voted in favor of all board proposals. There were no dissenting or abstention votes on any proposals.
In 2025, the convening and holding of the Company's board and shareholders' meetings complied with legal procedures, and major business decisions, investment decisions, and other significant matters underwent relevant approval procedures. My attendance at meetings is as follows:
| Number of Board Meetings Attended | Attended in Person | Attended On-site | Attended Remotely | Entrusted Attendance | Absent | Number of Shareholder Meetings Attended |
|---|---|---|---|---|---|---|
| 9 | 9 | 0 | 9 | 0 | 0 | 0 |
(II) Participation in Board Special Committees and Independent Director Special Meetings
1. Nomination Committee
In 2025, the Company's Nomination Committee held 2 meetings. During this period, there were no instances of entrusting others to attend or absence. As a member of the Nomination Committee, I performed my duties in accordance with the "Articles of Association" and the "Work System for the Board of Directors' Nomination Committee." I diligently reviewed proposals for the nomination of independent director candidates and non-independent director candidates, fulfilling the responsibilities and obligations of a Nomination Committee member.
2. Remuneration and Appraisal Committee
In 2025, the Company's Remuneration and Appraisal Committee held 2 meetings. During this period, there were no instances of entrusting others to attend or absence. As the Chairman of the Remuneration and Appraisal Committee, I presided over the daily work of the committee. In accordance with the "Articles of Association" and the "Work System for the Board of Directors' Remuneration and Appraisal Committee," I diligently reviewed proposals related to the Company's 2025 employee stock ownership plan draft and summary, the 2025 employee stock ownership plan management measures, and proposals for the remuneration of senior management, fulfilling the responsibilities and obligations of the Chairman of the Remuneration and Appraisal Committee.