Qingdao Rural Commercial Bank Co., Ltd. 2025 Annual Independent Director Performance Report (Pan Ailing)
In 2025, as an independent director of Qingdao Rural Commercial Bank Co., Ltd. (hereinafter referred to as Qingdao Rural Commercial Bank or the Bank), I strictly adhered to the Company Law, the Shenzhen Stock Exchange Stock Listing Rules, the Guiding Principles for Corporate Governance of Banking and Insurance Institutions, and other laws, regulations, normative documents, and the Articles of Association. I diligently performed my duties, fully exercised the role of an independent director, and protected the overall interests of the company and the legitimate rights and interests of small and medium shareholders.
I. Basic Information
I hold a doctoral degree, with a Ph.D. in Economics, and am a professor and a certified public accountant. I am an independent non-executive director of the Bank. I am currently a professor at the School of Management, Shandong University, Director of the Investment and Financing Research Center, and an independent director of Shandong Linglong Tire Co., Ltd. I have previously served as an assistant lecturer, lecturer, and associate professor at the School of Management, Shandong University, an independent director of Shandong Xinhua Medical Devices Co., Ltd., a supervisor of Shandong Chenming Paper Holdings Limited, and an independent director of China National Heavy Duty Truck Finance Co., Ltd. For other specific information, please refer to the Bank's annual report. During the reporting period, I met the independence requirements stipulated in the "Measures for the Administration of Independent Directors of Listed Companies" as an independent director, and there were no circumstances that affected my independence.
II. Annual Performance of Independent Director Duties
(I) Attendance at Meetings
In 2025, the Bank held 2 shareholders' meetings, 14 board of directors' meetings, and 34 meetings of the board's special committees. These included 6 meetings of the Strategic Planning Committee, 9 meetings of the Risk Management and Related Party Transactions Control Committee, 8 meetings of the Audit Committee, 5 meetings of the Nomination and Remuneration Committee, and 6 meetings of the "Three Rural Issues" Financial Services and Consumer Rights Protection Committee. There were also 4 meetings of the Independent Directors' Special Committee.
In 2025, I served as an independent director and the Chairman of the Audit Committee. With a diligent and responsible attitude, I conscientiously attended the board meetings and special committee meetings of the Bank. During the meetings, I carefully reviewed the relevant meeting materials, actively participated in discussions on various agenda items, and expressed independent opinions on relevant matters. All matters deliberated by the board and the Audit Committee were voted in favor after careful consideration, and there were no abstentions or opposing votes. I attended the Independent Directors' Special Committee meetings and expressed my agreement on relevant proposals after a comprehensive understanding and thorough communication.
- Attendance at Board Meetings: