Beijing Tongyou Feiji Technology Co., Ltd. 2025 Annual Report of Independent Director (Wu Rui)
To all shareholders and shareholder representatives:
As an independent director of Beijing Tongyou Feiji Technology Co., Ltd. (hereinafter referred to as the "Company"), during my term of office, I have strictly adhered to the requirements of laws and regulations such as the "Company Law" and the Company's relevant regulations, faithfully performed the duties of an independent director, fully leveraged the role of an independent director, diligently and conscientiously, and safeguarded the overall interests of the Company and the legitimate rights and interests of all shareholders. Herein is a report on my performance of independent director duties in 2025:
I. Basic Information
I, Wu Rui, born in 1978, am a Chinese national with no permanent overseas residency. I hold a Ph.D. in Business Administration from the University of Southern California and was a visiting scholar at Stanford University. From 2010 to 2023, I served as an Assistant Professor and Associate Professor in the Department of Innovation, Entrepreneurship, and Strategy at Tsinghua University's School of Economics and Management. I am currently an Associate Professor at the University of Science and Technology Beijing's School of Economics and Management, an independent director of Kunlun Wanwei Technology Co., Ltd., and an independent director of the Company.
During my tenure as an independent director, I have not held any positions in the Company or its affiliated enterprises other than that of an independent director. I have no relationship with the Company or its major shareholders that would hinder my independent and objective judgment, nor do I have any circumstances that affect my independence as an independent director. This complies with the qualifications and independence requirements stipulated by the "Administrative Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 2—Standardized Operation of Listed Companies on the GEM," and other relevant laws and regulations.
II. Overview of Independent Director's Performance in 2025
(I) Attendance at Board and Shareholder Meetings
During my term of office in 2025, the Company held 6 board meetings and 3 shareholder meetings. My attendance at meetings in 2025 is as follows:
| Independent Director | Board Meetings | Shareholder Meetings |
|---|---|---|
| Number of meetings to attend | Number of meetings attended in person | |
| Wu Rui | 6 | 6 |
During my term of office in 2025, I attended Company board meetings on time and did not miss two consecutive meetings without attending in person.
I have carefully reviewed the board meeting proposals, maintained full communication with the Company's management, and offered some reasonable suggestions. I exercised my voting rights with prudence, safeguarding the overall interests of the Company and the rights and interests of small and medium shareholders.
I believe that the convening and holding of the Company's board meetings in 2025 met the statutory requirements, and the procedures for reviewing and approving relevant matters were legal and effective. Therefore, I voted in favor of all proposals reviewed by the Company's board of directors in 2025, with no opposing or abstaining votes.
(II) Participation in Board Special Committee Work
The Company's board of directors has established a Strategy Committee, an Audit Committee, a Nomination Committee, and a Remuneration and Assessment Committee. As the convener of the Remuneration and Assessment Committee and a member of the Strategy Committee of the Fifth Board of Directors, I have fully utilized my professional experience to review relevant proposals and offer reasonable suggestions. My participation in the work of the board's special committees during the reporting period is as follows: