Independent Director Hu Yangxuan's 2025 Annual Work Report
Dear shareholders and shareholder representatives of Tibet Gaozheng Mining Explosives Co., Ltd.:
As an independent director of Tibet Gaozheng Mining Explosives Co., Ltd. (hereinafter referred to as "the Company"), I have diligently fulfilled my responsibilities during the reporting period in accordance with the Company Law of the People's Republic of China, the Management Measures for Independent Directors of Listed Companies, the Articles of Association, and other relevant laws and regulations. I have actively attended relevant meetings, carefully reviewed board proposals, and expressed opinions on significant matters, working diligently to maintain the overall interests of the Company and the legitimate rights and interests of all shareholders. Below is my report on the performance of my duties as an independent director during the 2025 term:
I. Basic Information of the Independent Director
(1) Personal Information
Hu Yangxuan, male, Chinese nationality, born in May 1964, from Chengdu, Sichuan, with a bachelor's degree in law. From January 1985 to January 1991, I served as a teacher at the Sichuan Political Science and Law Management Cadre College; from January 1991 to January 2002, I was the Director of the Economic Management Department at the Chengdu Group Company for Material Storage and Transportation; since January 2002, I have been a senior partner at Sichuan Chuanda Law Firm. I have served as an independent director of the Company since July 8, 2021.
(2) Independence Statement
I possess the independence required by the Management Measures for Independent Directors of Listed Companies and there are no circumstances affecting my independence.
II. Annual Performance of Independent Director Duties
(1) Attendance at Shareholders' Meetings and Board Meetings
In 2025, the Company held 5 shareholders' meetings and 10 board meetings. I strictly adhered to the relevant laws and regulations, diligently fulfilling my duties. The specific attendance details are as follows:
| Independent Director Name | Board Meetings Attended | Shareholders' Meetings Attended | Board Meetings During Term | On-site Attendance | Attendance by Communication | Proxy Attendance | Absences | Shareholders' Meetings During Term | Attendance at Shareholders' Meetings |
|---|---|---|---|---|---|---|---|---|---|
| Hu Yangxuan | 10 | 5 | 10 | 4 | 6 | 0 | 0 | 5 | 5 |