Zhejiang Huazhi Digital Media Co., Ltd. 2025 Annual Report of Independent Director (Kong Fanjun)
To all shareholders and shareholder representatives:
As an independent director of Zhejiang Huazhi Digital Media Co., Ltd. (hereinafter referred to as the "Company"), during my term of office, I have strictly followed the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 2 - Norms for GEM Listed Company Operations," and other laws and regulations, as well as the "Articles of Association of Zhejiang Huazhi Digital Media Co., Ltd." (hereinafter referred to as the "Articles of Association") and the "Work System for Independent Directors of Zhejiang Huazhi Digital Media Co., Ltd." In 2025, I diligently and conscientiously performed my duties, fully exercised the independent role of an independent director, and protected the overall interests of the Company and the legitimate rights and interests of all shareholders, especially small and medium shareholders. The performance of my duties in 2025 is hereby reported as follows:
I. Basic Information
I, Kong Fanjun (pen name Kong Hanbing), am a Chinese national, born in 1958, with no permanent overseas residency. I am a Level II Professor and doctoral supervisor at Peking University's School of International Relations. I have long been engaged in the teaching and research of Central and Eastern European countries and world socialism. I have conducted in-depth academic visits and field research in all countries in Central and Eastern Europe. I have presided over the Ministry of Education's key project "Research on Socialist Movements in Former Soviet Bloc Countries" (2005) and the National Social Science Fund's key project "Research on the Current Status of Social Development in Former Soviet Bloc Countries" (2012). My related works include "Historical Roots of the Kosovo Crisis and the Background of Great Powers," "History of Eastern Europe," "Eastern European Politics and Diplomacy," "Centennial Czech Republic," "The Differences, Complexity, and 'Precision' of China's Cooperation with Central and Eastern Europe," and "Cold Ice Travels Through Eastern Europe," "Cold Ice Visits Luo Ming," "The Bridge Between China and Romania," "From Chemical Engineer to Ambassador to China," and "Observations and Reflections on Central and Eastern Europe." I have also published over twenty specialized works on Sino-Soviet relations, world socialism, etc., and over a hundred related academic papers in domestic and international academic journals. I have served as an independent director of the Company since October 2020.
During the reporting period, my position met the independence requirements stipulated in Article 6 of the "Administrative Measures for Independent Directors of Listed Companies," and there were no circumstances affecting my independence.
II. Overview of Performance in 2025
(I) Attendance at Board Meetings
In 2025, the Company held 8 board meetings. I attended all meetings either in person or by communication, with no absences. I voted in favor of all proposals reviewed at each board meeting, with no dissenting opinions, objections, or abstentions.
(II) Attendance at Shareholder Meetings
In 2025, the Company held 4 shareholder meetings. I attended 3 of these meetings online. For the meeting I did not attend, I submitted a leave request explaining the situation.