Dear shareholders and shareholder representatives:
As an independent director of Nanjing Hanrui Cobalt Co., Ltd. (hereinafter referred to as "the Company"), I strictly adhered to the relevant regulations and requirements during the reporting period, including the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Measures for Independent Directors of Listed Companies, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operation of GEM Listed Companies, the Articles of Association of Nanjing Hanrui Cobalt Co., Ltd., and the Independent Director System. I have consistently upheld the principles of integrity, diligence, and due diligence, fully performing my duties as an independent director, effectively safeguarding the interests of the Company and its shareholders, and actively promoting the standardized operation of the board and the improvement of corporate governance. As a member of the fifth board of directors, I hereby report on my performance of independent director duties for the year 2025 as follows:
I. Basic Information of the Independent Director
(1) Work Experience, Professional Background, and Concurrent Positions
I, Xu Aidong, was born in March 1968, hold Chinese nationality, have a master's degree, and do not possess permanent residency abroad. I am a professor-level senior engineer. I previously served as the chief expert of Beijing Antai Technology Information Co., Ltd., concurrently serving as the secretary-general and vice-president of the Cobalt Branch of the China Nonferrous Metals Industry Association, and the executive deputy secretary-general and vice-chairman of the Nickel Branch of the China Nonferrous Metals Industry Association. I currently serve as a special advisor to Beijing Antai Technology Information Co., Ltd., a special advisor to the Cobalt and Nickel Branches of the China Nonferrous Metals Industry Association, and as an independent director of this Company.
(2) Independence Statement
During my tenure as an independent director of the Company, I have not held any position other than that of independent director within the Company, nor have I held any position in the Company's major shareholder companies. There are no relationships with the Company or major shareholders that would hinder my ability to make independent and objective judgments, and there are no circumstances affecting the independence of the independent director. I comply with the relevant requirements regarding the independence of independent directors as stipulated in the Management Measures for Independent Directors of Listed Companies, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operation of GEM Listed Companies, and other laws, regulations, normative documents, and the Articles of Association and Independent Director System.
II. Overview of Independent Director's Annual Performance
(1) Attendance at Board and Shareholder Meetings
In 2025, the Company held a total of 8 board meetings and 2 shareholder meetings during my term. As an independent director, I personally attended all board and shareholder meetings held during my term, diligently fulfilling my duties and exercising my voting rights, with no absences, delegation of attendance, or failure to attend two consecutive meetings. The specific attendance details for 2025 are as follows:
| Independent Director Name | Number of Board Meetings Held | Number of Board Meetings Required to Attend | Absences | Number of Shareholder Meetings Held | Number of Shareholder Meetings Required to Attend | Personal Attendance | Delegated Attendance | Absences |
|---|---|---|---|---|---|---|---|---|
| Xu Aidong | 8 | 8 | 0 | 2 | 2 | 0 | 0 | 0 |