Hangzhou Hikvision Digital Technology Co., Ltd.
2025 Annual Independent Director's Report
As an independent director of Hangzhou Hikvision Digital Technology Co., Ltd. (hereinafter referred to as "Hikvision" or "the Company"), I, in accordance with the requirements of the Company Law, Securities Law, Corporate Governance Guidelines for Listed Companies, Measures for the Administration of Independent Directors of Listed Companies, and other laws, regulations, and normative documents, as well as the Articles of Association and the Work System for Independent Directors, actively attended relevant company meetings in 2025, diligently reviewed various proposals, faithfully, diligently, and independently performed my duties, and protected the interests of the Company and its shareholders, especially small and medium shareholders. The following is a report on my performance in 2025:
I. Basic Information of Independent Director
(I) Work Experience, Professional Background, and Concurrent Positions
Mr. Lu Changjiang holds a Ph.D. in Economics, is a national high-level talent, and a recipient of the State Council's special government allowance. He has served as an independent director for Oriental Fortune Information Co., Ltd., China Tianying Co., Ltd., and Montage Technology Co., Ltd. He is currently the Associate Dean of the School of Management at Fudan University, a professor of accounting, and a doctoral supervisor. He also serves as co-editor-in-chief of "China Accounting Review" and "China Management Accounting," an independent director of Youngor Fashion Co., Ltd., and an independent director of this Company.
(II) Statement on Independence
I do not hold any other positions in the Company besides that of an independent director, nor do I hold any positions in the principal shareholders' companies. I perform my duties independently and have no relationship with the Company or its principal shareholders or actual controllers that could hinder my independent and objective judgment.
In 2025, I conducted a self-assessment of my independence and confirmed that I meet the independence requirements for serving as an independent director of Hikvision. I submitted the self-assessment results to the Board of Directors. The Board of Directors assessed my independence and concluded that my tenure as an independent director complies with the independence requirements stipulated in Article 6 of the Measures for the Administration of Independent Directors of Listed Companies, and there are no circumstances that affect my independence.
II. Performance in 2025
(I) Attendance at Meetings
In 2025, the Company held 2 shareholders' meetings and 4 board meetings. I personally attended all relevant meetings, having sufficient time and energy to effectively perform my duties, and did not miss any meetings, authorize others to attend, or fail to attend two consecutive meetings.
I believe that the convening and holding of the meetings complied with legal procedures, and the decisions on relevant matters underwent necessary approval procedures and disclosure obligations, in accordance with relevant laws, regulations, and the Articles of Association. The following is a summary of my meeting attendance in 2025:
| Independent Director Name | Number of Board Meetings Attended | Number of On-site Board Meetings | Number of Teleconference Board Meetings | Number of Board Meetings Attended by Proxy | Number of Absent Board Meetings | Whether Attended Board Meetings Twice in a Row Without Personal Attendance | Number of Shareholder Meetings Attended |
|---|---|---|---|---|---|---|---|
| Lu Changjiang | 4 | 1 | 3 | 0 | 0 | No | 2 |