2025 Annual Report of Independent Director (Feng Jierong - Resigned)
Dear shareholders and representatives:
As an independent director of Guangdong Tosstar Technology Co., Ltd. (hereinafter referred to as "the Company" or "Tosstar"), I have strictly adhered to the requirements of the Company Law, the Management Measures for Independent Directors of Listed Companies, the Listing Rules of the Shenzhen Stock Exchange for the Growth Enterprise Market, the Self-Regulatory Guidelines No. 2 for Listed Companies on the Growth Enterprise Market, and other relevant laws and regulations, as well as the Company’s Articles of Association and the Working Rules for Independent Directors. I have diligently fulfilled my responsibilities as an independent director, exercising my rights with integrity, independence, and diligence. By leveraging my professional skills in law, I have effectively played the role of an independent director, ensuring the Company's operations are legal and compliant, and safeguarding the overall interests of the Company and all shareholders, especially minority shareholders.
Due to personal reasons, I will no longer serve as an independent director or hold any related positions on the board of directors and its specialized committees starting June 20, 2025. Below is my report on the performance of my duties as an independent director for the year 2025:
I. Basic Information
I, Feng Jierong, born in 1992, hold Chinese nationality and have no foreign residency rights. I have a bachelor's degree. Since August 2014, I have been a partner lawyer at Guangdong Keyuan Law Firm; I served as an independent director of the Company from July 2020 to June 20, 2025. During my tenure in 2025, I met the independence requirements stipulated in Article 6 of the Management Measures for Independent Directors of Listed Companies, and there were no circumstances affecting my independence.
II. Annual Performance Overview
(A) Meeting Attendance
In 2025, during my tenure, I attended the following board and shareholder meetings:
| Meeting Type | Required Attendance | In-Person Attendance | Proxy Attendance | Absences |
|---|---|---|---|---|
| Board Meeting | 3 | 3 | 0 | 0 |
| Shareholder Meeting | 4 | 4 | 0 | 0 |
In accordance with the Company’s Articles of Association and the Board Meeting Rules, I carefully reviewed proposals, actively participated in discussions on various topics, and provided reasonable suggestions, contributing positively to the board's decision-making and safeguarding the overall interests of the Company and minority shareholders. During my tenure, the board convened meetings in compliance with legal procedures, and all major decisions followed the relevant approval processes. I voted in favor of all proposals presented at the board meetings in 2025, with no objections or abstentions.
(B) Specialized Committees and Independent Director Meetings
The Company’s board has established four specialized committees: the Strategy and ESG Committee, the Audit Committee, the Nomination Committee, and the Compensation and Assessment Committee. During my term in 2025, I served as the convener of the Compensation and Assessment Committee and a member of the Nomination Committee. I strictly adhered to the relevant regulations and actively fulfilled my duties, carefully listening to management reports on the Company's operations and significant matters, understanding personnel changes, and providing rational suggestions for scientific decision-making. I also regularly reviewed the Company’s financial statements, faithfully fulfilling my responsibilities as the convener of the Compensation and Assessment Committee and a member of the Nomination Committee.
- Main Responsibilities of Specialized Committees in 2025