Xuchang Far East Transmission Shaft Co., Ltd.
Independent Director 2025 Annual Performance Report -- Zhou Xiaodong
As an independent director of Xuchang Far East Transmission Shaft Co., Ltd. (hereinafter referred to as the "Company"), I have strictly followed the provisions of the "Company Law," "Securities Law," "Administrative Measures for Independent Directors of Listed Companies," and the "Articles of Association," "Independent Director Work System," and other relevant regulations. In my work during 2025, I have faithfully and diligently fulfilled my duties as an independent director, independently and impartially safeguarding the interests of the Company and the legitimate rights and interests of all shareholders, especially small and medium shareholders.
Here is my report on my performance in 2025:
I. Basic Information of Independent Director
Zhou Xiaodong: Doctor of Philosophy. Doctor of Applied Economics from Xi'an Jiaotong University (specializing in Corporate Governance), Associate Professor, member of the Henan Provincial Committee of the China National Democratic Construction Association, academic and technical leader of the Henan Provincial Department of Education, and Master's supervisor in Accounting at Zhengzhou University of Light Industry. My main research areas are corporate governance and financial management. I have published over 20 papers in core academic journals, with related research achievements cited and included in Xinhua Digest. I have published two academic monographs and co-authored Henan's first Blue Book on Innovation and Entrepreneurship. I have served as an independent director of the Company since May 2022.
During the reporting period, I held no positions in the Company other than that of an independent director. There are no impediments to my independent and objective judgment in relation to the Company and its major shareholders, and my position meets the independence requirements stipulated in Article 6 of the "Administrative Measures for Independent Directors of Listed Companies."
II. Overview of Independent Director's Annual Performance
(I) Attendance at Meetings
1. Attendance at Board of Directors and Shareholders' Meetings
I voted in favor of all proposals deliberated at the Board of Directors meetings I attended. I did not authorize any other independent director to attend meetings on my behalf, nor did I propose any veto opinions on the Company's resolutions.
| Number of Board Meetings Attended | Number of On-site Board Meetings Attended | Number of Board Meetings Attended via Communication | Number of Board Meetings Attended via Proxy | Number of Absent Board Meetings | Whether Continuously Missed Two Consecutive Board Meetings | Number of Shareholder Meetings Attended |
|---|---|---|---|---|---|---|
| 6 | 4 | 2 | 0 | 0 | No | 3 |
2. Participation in Work of Board Special Committees
During the reporting period, as the Chairman of the Company's Audit Committee, I actively led the Audit Committee in its work, convened Audit Committee meetings regularly, and attended all four meetings of the Board's Audit Committee. In accordance with the "Audit Committee Work Rules" and other relevant regulations, I diligently reviewed the Company's periodic reports and gained a detailed understanding of the Company's financial status and operating conditions. I reviewed the Company's fund-raising and use, supervised the implementation and execution of the Company's internal control system, and reviewed investment projects. I provided guidance and supervision on the Company's financial status and operating conditions and proposed recommendations to the Board for engaging or changing external auditors.