Qingdao Guoen Technology Co., Ltd.
2025 Annual Report of Independent Director (Liu Shuyan)
To all shareholders and shareholder representatives:
As an independent director of the fifth board of Qingdao Guoen Technology Co., Ltd. (hereinafter referred to as the "Company") during my tenure in 2025, I have strictly adhered to the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Administrative Measures for Independent Directors of Listed Companies," the "Normative Operation Rules for Main Board Listed Companies of Shenzhen Stock Exchange," and other laws, regulations, and normative documents, as well as the Company's Articles of Association and the "Work System for Independent Directors" and other company rules and regulations. I have fulfilled my duties with integrity, diligence, and loyalty, fully played the role of an independent director, and effectively protected the legitimate rights and interests of the Company and all shareholders, especially small and medium shareholders. The following is a report on my performance of independent director duties during my tenure in 2025:
I. Basic Information of Independent Directors
(I) Work Experience, Professional Background, and Concurrent Positions
I, Liu Shuyan, was born in March 1964, am a Chinese national with no permanent overseas residency, and hold a Master's degree. I previously served as the Director of the Finance and Accounting Department and Deputy Dean of the School of Economics and Management at Qingdao University of Science and Technology (formerly Qingdao Institute of Chemical Technology), and Director of the MPAcc Education Center. I am currently an independent director of Shandong Xinhua Jin International Co., Ltd. I served as an independent director of the Company from May 18, 2023, to June 6, 2025.
(II) Circumstances That Do Not Affect Independence
During my tenure in 2025, as an independent director of the Company, I have self-inspected and found that I have not held any positions in the Company other than independent director and member of the specialized committees of the board. I also do not hold any positions in the principal shareholders' companies. There are no conflicts of interest or other relationships with the Company and its principal shareholders that could hinder my independent and objective judgment. This complies with the relevant laws, regulations, and the Company's Articles of Association regarding the independence of independent directors as stipulated in the "Administrative Measures for Independent Directors of Listed Companies" and the "Normative Operation Rules for Main Board Listed Companies of Shenzhen Stock Exchange." There are no circumstances that affect my independence.
II. Performance of Independent Director Duties in 2025
(I) Board Meetings
During my tenure in 2025, my attendance at board meetings is as follows:
| Number of Meetings to Attend | Number of In-Person Attendances | Number of Attendances via Teleconference | Number of Delegated Attendances | Number of Absences | Whether Absent for Two Consecutive Meetings |
|---|---|---|---|---|---|
| 2 | 2 | 0 | 0 | 0 | No |
- I voted in favor of all proposals reviewed at each board meeting.
- I did not miss any meetings or delegate other directors to attend board meetings and exercise voting rights on my behalf.
As an independent director of the Company, I attended the Company's board meetings on time. With a diligent and responsible attitude, I carefully reviewed the proposals and relevant materials for the meetings, actively participated in the discussions of various proposals, and provided reasonable and professional suggestions, thereby playing a positive role in the correct and scientific decision-making of the board.
(II) Shareholders' Meetings
During my tenure in 2025, the Company held one shareholders' meeting, which was the 2024 Annual General Meeting. I attended the aforementioned meeting as an independent director.