Dear shareholders and representatives:
As an independent director of Wuxi Best Precision Machinery Co., Ltd. (hereinafter referred to as "the Company") during the fourth board term, I have strictly adhered to the requirements of the Company Law of the People's Republic of China, the Management Measures for Independent Directors of Listed Companies, the Corporate Governance Guidelines for Listed Companies, and the Self-Regulatory Guidelines No. 2 for the operation of GEM-listed companies issued by the Shenzhen Stock Exchange, as well as the Company’s Articles of Association and the Independent Director Work System. I have faithfully, honestly, and diligently fulfilled my duties as an independent director.
I actively attended relevant meetings in 2025, carefully reviewed various proposals presented to the board, and expressed independent and objective opinions on related matters, positively contributing to the Company's governance and effectively safeguarding the overall interests of the Company and the legitimate rights and interests of all shareholders, especially minority shareholders. Below is my report on the performance of my duties as an independent director in 2025:
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Basic Information I, Ji Zhicheng, male, born in March 1959, Chinese nationality, with no permanent residence abroad, hold a doctorate. I have served as a teaching assistant, lecturer, associate professor, professor, and dean at the School of Information and Control at Wuxi University of Light Industry (now Jiangnan University), and have held positions such as professor, assistant to the president, director of the Development Planning Office, and vice president at Jiangnan University. I am currently a second-level professor at Jiangnan University, director of the Wuxi Intelligent Manufacturing Collaborative Innovation Center, independent director of Wuxi Baotong Technology Co., Ltd., independent director of Shangneng Electric Co., Ltd., and independent director of the Company. During the reporting period, my position complies with the independence requirements stipulated in the Management Measures for Independent Directors of Listed Companies, and there are no circumstances affecting my independence.
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Performance in 2025 (1) Attendance at Board Meetings In 2025, the Company held four board meetings, and I personally attended all four meetings, either in person or via communication methods, without any proxy attendance or absence. I actively participated in the board meetings, communicated with the management to understand the Company's operations, carefully reviewed meeting documents, engaged in discussions on various proposals, and expressed independent opinions, providing professional and reasonable suggestions while exercising my voting rights cautiously. I voted in favor of all proposals reviewed during my tenure on the board in 2025.
(2) Attendance at Shareholder Meetings In 2025, the Company held three shareholder meetings, and I attended all three as an independent director.
(3) Participation in Board Committees and Independent Director Meetings
- Audit Committee During my tenure in 2025, I served as a member of the Audit Committee of the fourth board and participated in seven Audit Committee meetings, reviewing internal audit reports, the self-assessment report on internal controls for 2024, and proposals for reappointing the auditing firm for 2025. I summarized and analyzed the Audit Committee's work for 2024 and clarified the work plan for 2025. Additionally, by listening to quarterly reports from the internal audit department, I supervised the Company's operational conditions, internal controls, related transactions, external guarantees, and financial status, thereby enhancing the Company's standardized operations. The specific details are as follows: