Independent Director Zhao Yibo's 2024 Annual Work Report

Independent Director Zhao Yibo's 2024 Annual Work Report

Dear shareholders and shareholder representatives:

As the Independent Director of Qingdao Zhongzi Zhongcheng Group Co., Ltd. (hereinafter referred to as "the Company"), I have strictly fulfilled my responsibilities in 2024 in accordance with the requirements of the Company Law, the Shenzhen Stock Exchange GEM Listing Rules, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standard Operations of GEM Listed Companies, the Management Measures for Independent Directors of Listed Companies, and the Company’s Articles of Association, to protect the legitimate rights and interests of shareholders, especially minority shareholders, and to uphold the overall interests of the Company. I hereby report on my performance in fulfilling my duties in 2024 as follows:

I. Basic Information of the Independent Director

Zhao Yibo: Male, born in 1970, holds a master's degree, and is an economist. He has previously served as an investment manager at Martin Currie Fund, a fund manager at BNY Mellon West Fund, deputy director of research at Shanghai Zexi Investment Management Co., Ltd., vice chairman of Daheng New Epoch Technology Co., Ltd. (600288), and a director at Zhongke Ocean. He is currently the chairman of Jiming Asset Management (Shanghai) Co., Ltd. I do not hold any shares in the Company and have no relationships with other shareholders holding more than 5% of the Company’s shares, actual controllers, directors, supervisors, or senior management personnel; I do not fall under the circumstances specified in Articles 3.2.3 and 3.2.4 of the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standard Operations of GEM Listed Companies; I have not been penalized by the China Securities Regulatory Commission or other relevant departments, nor have I been subject to sanctions by the stock exchange, and I am not a person subject to enforcement for dishonesty; I meet the qualifications and independence requirements stipulated in the GEM Listing Rules, the Management Measures for Independent Directors of Listed Companies, and other relevant laws, regulations, and rules. During the reporting period, my position met the independence requirements stipulated in Article 6 of the Management Measures for Independent Directors of Listed Companies, and there were no circumstances affecting my independence. As an Independent Director of the Company, I do not hold any positions other than as a member of the board's special committees, and I have no relationships with the Company or its major shareholders that could hinder my independent and objective judgment. I independently fulfill my responsibilities without being influenced by the Company’s major shareholders, actual controllers, or other organizations or individuals with interests in the Company.

II. Overview of Annual Performance as Independent Director

(1) Attendance at Board and Shareholder Meetings

In 2024, the Company held 6 board meetings and 2 shareholder meetings, all of which I personally attended without any proxy attendance, and there were no instances of failing to attend meetings consecutively.

Before the board meetings, I investigated and obtained necessary information and materials through various means to fully understand the agenda items and prepare for board decisions; during the meetings, I carefully reviewed each agenda item, actively participated in discussions, and provided suggestions, fully exercising my professional and independent role, and expressed independent opinions on relevant matters as required. During the reporting period, I did not raise any objections to the agenda items or other matters of the Company’s board.