To all shareholders:
Hangzhou Juhua Technology Co., Ltd. Independent Director's 2025 Annual Performance Report
As an independent director of Hangzhou Juhua Technology Co., Ltd. (hereinafter referred to as the "Company"), in 2025, I strictly followed the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Administrative Measures for Independent Directors of Listed Companies," and other laws, regulations, and the "Articles of Association" and the "Work System for Independent Directors" to faithfully perform my duties as an independent director. I attended board and shareholder meetings, diligently reviewed meeting agendas, and presided over special meetings of independent directors to review relevant proposals, thereby safeguarding the interests of the Company and all shareholders.
I resigned from my position due to the board of directors' restructuring on December 29, 2025. This report outlines my performance of independent director duties in 2025:
I. Attendance at Board and Shareholder Meetings and Voting Record
- Attendance at Board Meetings During the reporting period, I attended 6 board meetings on time, either in person or via communication, diligently reviewed proposals, and exercised my voting rights with a prudent attitude, safeguarding the overall interests of the Company and the interests of small and medium shareholders. My attendance and voting record is as follows:
| Independent Director Name | Total Meetings Attended | In-Person Attendance | Remote Attendance | Entrusted Attendance | Absence | Consecutive Two Meetings Not Attended in Person | Voting Record (Number of Opposing Votes) |
|---|---|---|---|---|---|---|---|
| Liu Xiaosong | 6 | 2 | 4 | 0 | 0 | No | 0 |
- Attendance at Shareholder Meetings During the reporting period, I attended 3 shareholder meetings, listened to the opinions and suggestions of shareholders, and communicated with the Company's management, fulfilling my duties as an independent director.
II. Participation in Board Special Committees and Independent Director Special Meetings
- Participation in Board Special Committees As the Chairman of the Audit Committee and a member of the Nomination Committee and the Remuneration and Assessment Committee of the Fifth Board of Directors, I diligently performed my duties as a committee member, participated in board decision-making, and provided professional advice for the Company's development using my professional knowledge. During the reporting period, I convened and chaired 4 meetings of the Fifth Audit Committee, participated in 1 meeting of the Fifth Remuneration and Assessment Committee, and participated in 1 meeting of the Fifth Nomination Committee.
On April 18, 2025, I convened and chaired the ninth meeting of the Fifth Audit Committee, approving the "2024 Internal Audit Work Report," "2024 Annual Report Full Text and Summary," "Proposal on Re-appointing Accounting Firm," and "Proposal on Changes to Accounting Policies."
On April 18, 2025, I participated in the eighth meeting of the Fifth Remuneration and Assessment Committee, approving the "Proposal on Reviewing the Remuneration of Directors, Supervisors, and Senior Management for 2024."
On April 28, 2025, I convened and chaired the tenth meeting of the Fifth Audit Committee, approving the "Q1 2025 Quarterly Report."