To all shareholders and shareholder representatives:
Tianjin Red Sun Pharmaceutical Co., Ltd. Independent Director 2025 Annual Performance Report (Zheng Zhongliang)
As an independent director of Tianjin Red Sun Pharmaceutical Co., Ltd. (hereinafter referred to as the "Company") for the Ninth Board of Directors, I have strictly followed the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Guidelines on Corporate Governance for Listed Companies," "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange GEM Stock Listing Rules," and "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 2 - Norms for Operations of GEM Listed Companies" and other relevant laws and regulations, as well as the Company's Articles of Association and the Company's "Work System for Independent Directors" in 2025. I have faithfully performed my duties as an independent director, fully utilized the role of independent directors and special committees, and effectively protected the overall interests of the Company and the legitimate rights and interests of all shareholders, especially small and medium shareholders. The report on my performance in 2025 is as follows:
I. Basic Information of Independent Director
I, Zheng Zhongliang, am a Chinese national with no overseas residency. I am male, born in May 1972, and hold a doctoral degree. I am an Associate Professor in the Department of Accounting, School of Economics and Management, China Agricultural University, and concurrently serve as the Head of the Department of Accounting and the Director of the Master of Professional Accounting Program. I previously served as an accountant at the Third Machine Tool Plant of the Beijing Municipal Bureau of Mechanical Industry, Financial Manager and Chief Financial Officer at Aifeijie International Engineering Company, Chief Auditor at China National Offshore Oil Corporation, Deputy Researcher at the Ministry of Commerce of the People's Republic of China, and an independent director of Zantong Technology Co., Ltd. I am currently an independent director of the Company and an independent director of Offshore Oil Engineering Co., Ltd. I have served as an independent director of the Company from May 2025 to the present.
As an independent director of the Company, I have conducted a thorough self-assessment of my independence. During my tenure as an independent director of the Company, my position complies with the requirements for the independence of independent directors stipulated in the "Administrative Measures for Independent Directors of Listed Companies" and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 2 - Norms for Operations of GEM Listed Companies." There are no circumstances that affect my independence as an independent director.
II. Overview of Independent Director's Performance in 2025
(I) Attendance at Board Meetings and Shareholder Meetings
In 2025, the Company held a total of 5 board meetings and 5 shareholder meetings. During my tenure as an independent director of the Company, I was scheduled to attend 4 board meetings and attended all 4 in person. I attended 3 shareholder meetings. As an independent director of the Company, I diligently performed my duties and exercised my voting rights, without any absences, entrusting others to attend, or missing two consecutive meetings. I believe that the convening and holding of the Company's board meetings and shareholder meetings complied with legal procedures, that major business decisions and other major matters underwent the prescribed procedures and were legal and effective, and that the resolutions adopted by the meetings were in line with the overall interests of the Company and did not harm the legitimate rights and interests of all shareholders, especially small and medium shareholders. I exercised my voting rights with an objective and prudent attitude, voting in favor of all matters submitted for deliberation by the board, with no dissenting opinions, objections, or abstentions.