2025 Annual Report of Independent Director (Independent Director: Liang Lijuan)
Dear shareholders and shareholder representatives:
As an independent director of Duofu Duo New Materials Co., Ltd. (hereinafter referred to as "the Company"), I have strictly adhered to the provisions and requirements of the Company Law of the People's Republic of China, the Code of Corporate Governance for Listed Companies, the Management Measures for Independent Directors of Listed Companies, the Listing Rules of the Shenzhen Stock Exchange, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 1—Standard Operation of Main Board Listed Companies, the Articles of Association of Duofu Duo New Materials Co., Ltd. (hereinafter referred to as "the Articles of Association"), and the Working System for Independent Directors of Duofu Duo New Materials Co., Ltd. (hereinafter referred to as "the Working System for Independent Directors"). In my work during 2025, I have diligently, faithfully, and responsibly fulfilled my duties as an independent director, maintaining an objective, fair, and independent principle, timely understanding the Company's production and operational status, actively attending relevant meetings, carefully reviewing board proposals, expressing independent opinions on relevant proposals, and safeguarding the overall interests of the Company and all shareholders, especially the legitimate rights and interests of minority shareholders.
During the reporting period, the Company's board of directors completed its re-election on December 29, 2025, and I will no longer serve as an independent director due to the expiration of my term. I hereby report on my performance during my tenure in 2025 as follows:
1. Basic Information
(1) Personal Information
I, Liang Lijuan, was born in October 1965, hold Chinese nationality, have a master's degree, am a professor of accounting, and a master's supervisor, as well as a non-practicing registered accountant. Since July 1987, I have been engaged in accounting teaching and research at Henan Polytechnic University. I have served as an independent director for the third and fourth terms of Jiaozuo Wanfang Aluminum Co., Ltd., and during the reporting period, I served as an independent director of the Company, an independent director of Longbai Group Co., Ltd., and a professor of accounting at Henan Polytechnic University. During the reporting period, I maintained the independence required by laws and regulations, with no circumstances affecting my independence, in compliance with the Management Measures for Independent Directors of Listed Companies and other relevant laws, regulations, normative documents, and the requirements regarding the independence of independent directors in the Articles of Association and the Working System for Independent Directors.
(2) Independence Status
I have conducted an annual self-assessment of my independence as an independent director and confirmed that neither I nor my immediate family members hold any positions other than independent director in the Company or its subsidiaries; I have not provided financial, legal, consulting, or other services to the Company or its subsidiaries. Apart from the independent director allowance, I have not received any additional undisclosed benefits from the Company, its major shareholders, or related parties that could affect my independence, in compliance with the provisions regarding independence in the Management Measures for Independent Directors of Listed Companies. I have submitted the self-assessment report to the Company's board of directors.
2. Performance in 2025
In 2025, I faithfully, diligently, and responsibly fulfilled my duties as an independent director, actively attending the Company's shareholder meetings, board meetings, special committees of the board, and independent director meetings. I carefully reviewed meeting proposals and related materials, actively participated in discussions of various proposals, and provided reasonable suggestions, playing a positive role in the board's correct and scientific decision-making.