Independent Director's 2025 Annual Work Report of Zhejiang Century Huatong Group Co., Ltd. (Zhang Xinrong)
Dear shareholders and shareholder representatives:
As an independent director of Zhejiang Century Huatong Group Co., Ltd. (hereinafter referred to as "the Company"), I have diligently fulfilled my responsibilities in accordance with the "Company Law of the People's Republic of China," "Management Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listing Rules," and other relevant laws and regulations, as well as the Company's Articles of Association and the Independent Director Work System. In 2025, I actively attended relevant meetings, carefully reviewed various proposals from the board of directors, understood the Company's production and operational conditions, and committed to promoting the Company's healthy development while safeguarding the interests of the Company and its shareholders. I hereby report on my performance in 2025 as follows:
I. Basic Information
(1) Personal Information
I, Zhang Xinrong, male, born in November 1977, a member of the Communist Party of China, a Chinese national without permanent residency abroad, hold a bachelor's degree, and am a certified public accountant in China and a chartered management accountant in the UK. I have previously served as a senior manager at Mazars in France, a senior investment manager at Baohua Investment Co., Ltd., and the financial director at Huitong Baida Network Technology (Shanghai) Co., Ltd. I have also been the executive director and general manager of the comprehensive finance department at Zhuhai Pro Private Equity Fund Management Partnership (Limited Partnership). Since March 2024, I have served as an independent director of the Company. I meet the qualifications for independent directors as stipulated by relevant laws and regulations and have been filed with the Shenzhen Stock Exchange.
(2) Independence
During my tenure as an independent director, I have not held any positions in the Company other than as a member of the board's special committees. There are no relationships between me and the Company or its largest shareholder, and I do not hold any shares in the Company. I have not received any undisclosed additional benefits from the Company or its major shareholders or related parties, nor have I been penalized by the China Securities Regulatory Commission or other relevant authorities. I comply with the independence requirements for independent directors as per the "Management Measures for Independent Directors of Listed Companies." I have conducted a self-assessment of my independence according to regulatory rules and found no issues affecting my independence.
II. Performance in 2025
(1) Meeting Attendance
During the reporting period, the Company held 7 shareholder meetings, 11 board meetings, 5 audit committee meetings, 1 strategic decision-making committee meeting, 1 remuneration and assessment committee meeting, and 3 special meetings for independent directors, with no nomination committee meetings held. My attendance as an independent director and as the convener of the audit committee and a member of the remuneration and assessment committee is as follows:
| Meeting Type | Required Attendance | Actual Attendance | In-Person Attendance |
|---|---|---|---|
| Board Meetings | 11 | 11 | 11 |
| Shareholder Meetings | 7 | 7 | 7 |
| Audit Committee Meetings | 5 | 5 | 5 |
| Remuneration Committee Meetings | 1 | 1 | 1 |
| Special Independent Director Meetings | 3 | 3 | 3 |
Before each meeting, I carefully reviewed relevant materials and fully understood the significant matters to be discussed. During the meetings, I listened attentively to the management's explanations and actively participated in discussions, providing reasonable suggestions and thoroughly reviewing each proposal. In 2025, I voted in favor of all proposals presented at the board meetings and raised no objections to any board resolutions or other matters.