Independent Director Ms. Meng Hong's 2025 Annual Report
As the independent director of Weihai Guangwei Composite Materials Co., Ltd. (hereinafter referred to as "the Company"), I have strictly adhered to relevant laws and regulations, including the Company Law, Securities Law, and the Shenzhen Stock Exchange's rules, as well as the Company's Articles of Association and the Independent Director Work System. I have diligently fulfilled my responsibilities, effectively played the role of an independent director, and safeguarded the interests of the Company and all shareholders. Below is my performance report for 2025:
I. Basic Information of the Independent Director
Ms. Meng Hong, born in 1966, holds a doctoral degree, is an associate professor, a registered asset appraiser, and a Chinese national without permanent residency abroad. I have served as a teacher in the Economics Department at Shandong University Weihai, Director of the Audit and Evaluation Department at Weihai High-tech Development Zone Audit Firm, and currently serve as an associate professor in the Accounting Department at Shandong University Weihai Business School, independent director of Tianrun Industrial Technology Co., Ltd., independent director of Shandong Weigao Group Medical Polymers Co., Ltd., independent director of Weihai Honglin Power Technology Co., Ltd., and independent director of the Company. I do not hold any position other than independent director in the Company and have no direct or indirect interests with the Company, its controlling shareholders, or actual controllers that could affect my independent judgment.
II. Annual Performance of the Independent Director
(1) Attendance at Board and Shareholder Meetings
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Attendance at Board Meetings During the reporting period, the Company held 5 board meetings, all of which I personally attended—4 in person and 1 via telecommunication. I carefully reviewed each proposal and exercised my voting rights, with no instances of absence or delegation to other independent directors. I adhered to the principles of independence, prudence, and objectivity in board decision-making. For each proposal submitted for board review, I dedicated sufficient time beforehand to systematically and thoroughly review meeting materials and relevant background information. I proactively communicated with the chairman, general manager, and board secretary regarding key issues and potential risks, requesting detailed explanations from management on professional matters. Management took my inquiries and suggestions seriously and provided timely responses. After fully understanding the situation and ensuring that decision-making did not harm the interests of the Company and minority shareholders, I prudently voted in favor of all proposals. I believe that the convening and procedures of the 2025 board meetings complied with legal regulations and the Company's Articles of Association, and that the proposals reviewed did not harm the interests of the Company and its shareholders.
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Attendance at Shareholder Meetings In 2025, the Company held 2 shareholder meetings. I personally attended the 2024 annual shareholder meeting and the first extraordinary shareholder meeting of 2025, carefully listening to the opinions and suggestions of attending shareholders.
(2) Attendance at Special Committees and Independent Director Meetings
The Company's board has established four special committees: the Strategy Committee, Audit Committee, Nomination Committee, and Compensation and Assessment Committee. As the chair of the Audit Committee and a member of the Compensation and Assessment Committee, I strictly followed the work rules of each committee and diligently fulfilled the following responsibilities: