2025 Annual Report of Independent Director (Lin Zhiwei)
Dear shareholders and representatives:
Hello! As an independent director of Shenzhen Xingyuan Material Technology Co., Ltd. (hereinafter referred to as "the Company"), I, Lin Zhiwei, have prepared this report in accordance with the Company Law, Securities Law, Management Measures for Independent Directors of Listed Companies, and the Shenzhen Stock Exchange Self-Regulatory Guidelines No. 2 for the standardized operation of GEM listed companies, as well as the requirements of the Company’s Articles of Association. In my work during 2025, I adhered to the principles of objectivity, fairness, and independence, diligently attending relevant meetings held by the Company in 2025, carefully reviewing various proposals from the board of directors, and expressing clear opinions on significant matters to effectively protect the interests of the Company and its shareholders, especially minority shareholders. Below is my performance report for the year 2025:
I. Basic Information
(1) Work Experience and Professional Background of Independent Director
I, Lin Zhiwei, male, Chinese nationality, without permanent residency abroad, obtained a Bachelor's degree in Financial Management from Shantou University in 2004, a Master's degree in Accounting from Shenzhen University in 2007, a Doctorate in Accounting from Shanghai University of Finance and Economics in 2012, and a Postdoctoral degree in Management from Shenzhen Stock Exchange in 2014. Since July 2014, I have served as an assistant professor and master's supervisor at Shenzhen University, and since 2018, I have been the deputy director of the Accounting Department. I have been an independent director of the Company since November 2020.
(2) Independence Statement
During my tenure as an independent director, I have not held any position in the Company other than that of independent director, nor have I held any position in the Company’s major shareholders. There are no relationships that hinder my ability to make independent and objective judgments, and I meet the independence requirements stipulated in the Management Measures for Independent Directors of Listed Companies, the Shenzhen Stock Exchange Self-Regulatory Guidelines No. 2, and the Company’s Articles of Association.
II. Performance in 2025
(1) Attendance at Board and Shareholder Meetings
In 2025, my attendance at board and shareholder meetings was as follows: