Basic Information
Mr. Zhang Zhenquan, born in March 1968, is a member of the Communist Party and holds a bachelor's degree. He obtained his independent director qualification certificate in August 2015. He is a senior accountant, certified public accountant, asset appraiser, tax advisor, and a first-level cost engineer. He currently serves as the director and general manager of Shouguang Shengcheng Certified Public Accountants and the executive director and general manager of Shouguang Shengcheng Asset Appraisal Co., Ltd., as well as an independent director of the company. During the reporting period, his role as an independent director met the independence requirements stipulated in Article 6 of the "Measures for the Administration of Independent Directors of Listed Companies," with no circumstances affecting his independence.
Performance in 2025
Attendance at Board and Shareholder Meetings
In 2025, the company held 13 board meetings, 1 annual shareholder meeting, and 2 temporary shareholder meetings. He actively attended all board and shareholder meetings, thoroughly reviewed meeting documents and related materials, discussed and deliberated on various proposals, maintained sufficient communication with the company's management, and provided reasonable suggestions from his professional perspective, making cautious independent voting decisions to promote scientific decision-making. He believes that the convening and procedures of the board and shareholder meetings this year complied with the relevant provisions of the Company Law and the Articles of Association, and that all major operational decisions followed the necessary procedures. He voted in favor of all proposals submitted to the board and did not miss any meetings or delegate attendance to other directors. The attendance record for 2025 is as follows:
| Independent Director Name | Total Board Meetings | In-Person Attendance | Communication Attendance | On-Site Attendance | Delegated Attendance | Absences | Consecutive Absences |
|---|---|---|---|---|---|---|---|
| Zhang Zhenquan | 13 | 13 | 12 | 1 | 0 | 0 | No |
Attendance at Special Committees and Independent Director Meetings
- Audit Committee: In 2025, the Audit Committee held 7 meetings, and he personally attended all 7 as the chair, listening to reports on the annual audit work and carefully reviewing proposals regarding periodic reports, profit distribution, and the reappointment of auditors, effectively fulfilling the supervisory role of independent directors and maintaining audit independence.
- Nomination Committee: The Nomination Committee held 1 meeting in 2025, which he attended as a member. He reviewed materials regarding the re-election of directors and the appointment of senior management, agreeing to the re-election and appointments, and suggested submission to the board for approval.
- Strategic Committee: The Strategic Committee held 2 meetings in 2025, and he attended both as a member. He reviewed proposals related to investment projects and debt restructuring and agreed to submit relevant proposals to the board for deliberation.
- Compensation and Assessment Committee: The Compensation and Assessment Committee held 1 meeting in 2025, which he attended as a member, reviewing proposals for purchasing liability insurance for the company and its directors and senior management, as well as the compensation plan for 2025.
- Independent Director Special Meeting: An independent director special meeting was held once in 2025, which he attended, reviewing the proposal on accepting financial assistance and related transactions, focusing on the necessity of related transactions and whether they create dependence on related parties, effectively fulfilling the pre-review responsibilities for daily related transactions and protecting the legal rights of the company and investors.