2025 Annual Report of Independent Director (Dong Shaohua)
Dear shareholders and representatives:
As an independent director of Shandong Molong Petroleum Machinery Co., Ltd. (hereinafter referred to as "the Company"), I have strictly fulfilled my duties in 2025 in accordance with 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, and other relevant regulations, as well as the Articles of Association and the Independent Director System. I have actively participated in relevant meetings of the Company, provided reasonable suggestions for the Company's production, operation, and business development, fully exercised the role of independent director, and safeguarded the legitimate rights and interests of shareholders, especially minority shareholders. The following is my performance report for 2025:
I. Basic Information
Mr. Dong Shaohua, born in January 1972, is a member of the Communist Party of China and holds a doctoral degree. He has received numerous honors, including the "Leading Talent in Technological Innovation" from the Ministry of Organization, "Leading Talent in Technological Innovation for Young and Middle-aged" from the Ministry of Science and Technology, and various awards for his contributions to the petroleum and petrochemical industry. In recent years, he has received 27 provincial and ministerial-level awards, published 22 academic monographs in Chinese and English, and has been involved in the formulation of 50 national and industry standards. He currently serves as a second-level professor at China University of Petroleum (Beijing) and is the director of the Pipeline Technology and Safety Research Center, as well as an independent director of the Company. During the reporting period, my role as an independent director complied with the independence requirements stipulated in Article 6 of the Management Measures for Independent Directors of Listed Companies, and there were no circumstances affecting my independence.
II. Performance in 2025
(1) Attendance at Board and Shareholder Meetings
In 2025, the Company held a total of 13 board meetings, 1 annual general meeting, and 2 extraordinary general meetings. I actively attended all board and shareholder meetings, carefully 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 my professional perspective, making independent voting decisions to promote scientific decision-making within the Company. I believe 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 significant operational decisions and other major matters followed the necessary procedures. I voted in favor of all proposals submitted to the board and did not miss any meetings or delegate my attendance to other directors. I did not propose to convene any extraordinary shareholder or board meetings. My attendance at board and shareholder meetings in 2025 is as follows:
| Independent Director Name | Total Board Meetings | Attended in Person | Attended by Communication | Attended On-Site | Delegated Attendance | Absences | Consecutive Absences | Total Shareholder Meetings | Attended |
|---|---|---|---|---|---|---|---|---|---|
| Dong Shaohua | 13 | 13 | 13 | 0 | 0 | 0 | No | 3 | 3 |