Hangzhou Hikvision Digital Technology Co., Ltd.
2025 Board of Directors Work Report
Hangzhou Hikvision Digital Technology Co., Ltd. (hereinafter referred to as the "Company") held the ninth meeting of the sixth Board of Directors on April 16, 2026, and reviewed and approved the "2025 Board of Directors Work Report." The above work report is hereby disclosed as follows:
In 2025, the Company's board of directors operated in a standardized manner, exercising its powers in strict accordance with relevant laws and regulations and the "Articles of Association," and effectively implementing the resolutions of the shareholders' meeting. The number and composition of the board of directors met the requirements of relevant laws and regulations and the "Articles of Association." The board of directors established the Strategy Committee, Audit Committee, Nomination Committee, Remuneration and Assessment Committee, and Risk and Compliance Committee. These committees had clear responsibilities and operated effectively, providing strong support for the board's scientific decision-making. All directors fulfilled their duties with integrity, loyalty, diligence, professionalism, and responsibility, from the perspective of the Company's and shareholders' interests, effectively safeguarding the legitimate rights and interests of the Company and shareholders. The independent directors met the relevant requirements for independence stipulated in the "Administrative Measures for Independent Directors of Listed Companies" and performed their duties independently and objectively, playing a crucial role in improving the Company's supervision mechanism and protecting the interests of all shareholders, especially small and medium shareholders. During the reporting period, the Company lawfully added one employee representative director, further improving the Company's democratic management mechanism, effectively broadening the channels for employee rights and interests, promoting the comprehensiveness and inclusiveness of the board's decision-making, and driving the sustainable development of corporate governance.
I. Main Work of the Board of Directors
(I) Performance of Duties by the Board of Directors and its Sub-committees
During the reporting period, the Company held 4 board meetings and reviewed and approved 45 proposals. All directors attended the board meetings in person. The independent directors strictly abided by laws, regulations, and the "Articles of Association," upholding an independent, objective, and professional stance, diligently and conscientiously performing their duties, and actively safeguarding the legitimate rights and interests of the Company and all shareholders. Independent directors Mr. Wu Xiaobo, Mr. Hu Ruimin, Mr. Lu Changjiang, and Ms. Tan Xiaofen submitted "Independent Directors' Performance Reports" to the shareholders' meeting and will present their reports at the Company's 2025 shareholders' meeting.
During the reporting period, the Strategy Committee, in conjunction with the domestic and international economic situation, the Company's development stage, and industry characteristics, researched the Company's asset management projects and major investment decisions. It actively explored the Company's future long-term strategic development plan, provided guidance from a professional perspective, and conducted follow-up inspections on project implementation, offering strategic advice for the Company's sustained and stable development.