2025 Annual Report of Independent Director (Liu Canhui)

Dear shareholders and representatives:

As an independent director of Yanjinpuzi Food Co., Ltd. (hereinafter referred to as "the Company"), I have strictly adhered to the provisions and requirements of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 1 - Standard Operation of Main Board Listed Companies, the Management Measures for Independent Directors of Listed Companies, and other relevant laws, regulations, and normative documents, as well as the Company's Articles of Association and the Independent Director Work System. Upholding the principles of objectivity, fairness, and independence, I have diligently fulfilled my responsibilities, timely understanding the Company's production, operation, and development status, providing reasonable suggestions for the Company's production and business development, effectively safeguarding the overall interests of the Company and all shareholders, especially the legitimate rights and interests of minority shareholders. I hereby report on my performance as an independent director for the year 2025 as follows:

I. Basic Information of the Independent Director

(1) Basic Information

Mr. Liu Canhui, born in May 1974, is a Chinese national with no permanent residency abroad. He holds a master's degree in accounting (financial management), a doctorate in economics, and a postdoctoral degree in finance, and is a certified accountant. From February 1997 to August 2000, he served as the cost accounting team leader at Philips Consumer Electronics Co., Ltd. From March 2004 to July 2012, he held various positions at Caixin Securities Co., Ltd., including financial analysis and tax planning specialist, industry research director, and deputy director of the president's office (acting). From August 2012 to October 2014, he was a researcher at the Shenzhen Stock Exchange Postdoctoral Workstation (during which he was seconded to the China Securities Regulatory Commission for review work). From November 2014 to January 2020, he was the business director of the M&A Financing Department at Anxin Securities Co., Ltd. Since February 2020, he has been a teacher at the Accounting School of Hunan University of Finance and Economics. He has led multiple projects funded by the China Postdoctoral Fund and the Hunan Provincial Social Science Fund, published over 20 academic papers in journals such as "Management World" and "Financial Research," and authored two monographs.

(2) Independence Status

As an independent director of the Company, I have conducted a self-assessment and confirm that I meet the relevant independence requirements for independent directors as stipulated in the Management Measures for Independent Directors of Listed Companies and the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 1 - Standard Operation of Main Board Listed Companies. There are no circumstances that affect my independence.

II. Annual Performance of the Independent Director

(1) Attendance at Board and Shareholder Meetings

In 2025, I diligently attended 6 board meetings and 3 shareholder meetings, with no absences or proxy attendance at board meetings. I adhered to the principle of prudent performance, proactively seeking to understand the background and specific content of meeting agendas from the Company's management and relevant functional departments before each meeting. I comprehensively reviewed all proposals submitted for board and shareholder meetings, focusing on the compliance, reasonableness, and impact on the Company's development and shareholder rights. I exercised my voting rights independently, objectively, and prudently, with no instances of opposition or abstention.