2025 Annual Report of Independent Director (Wu Ri)

Huazhi Liquor 2025 Annual Report of Independent Director (Wu Ri) I, Wu Ri, as an independent director of Huazhi Liquor Chain Management Co., Ltd. (hereinafter referred to as the "Company") for the sixth session of the Board of Directors, strictly followed the requirements of laws, regulations, and rules such as the "Company Law," "Securities Law," "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listed Companies Self-Regulatory Management Guide No. 2 - Normative Operation of GEM Listed Companies," "Articles of Association," and "Independent Director Work Rules" during my term of office in 2025. I have faithfully performed my duties as an independent director, fully utilized my role, diligently and responsibly safeguarded the overall interests of the Company and the legitimate rights and interests of all shareholders, especially small and medium shareholders. I hereby report on my performance of independent director duties in 2025: I. Basic Information of Independent Director I, Wu Ri, born in April 1969, am a Chinese national with no permanent overseas residency and hold a master's degree. I graduated from Hunan University (formerly Hunan College of Finance and Economics) with a major in Financial Management. From July 1998 to March 2007, I worked successively at United Securities Co., Ltd., Shenzhen Jutian Securities Co., Ltd. (formerly Shenzhen Special Economic Zone Securities Co.), and Century Securities Co., Ltd. From March 2007 to September 2016, I worked at CITIC Securities Co., Ltd., where I held positions including Vice President, Senior Vice President, Director, and Executive General Manager of the Investment Banking Department. From October 2016 to April 2020, I worked at Cabot High Performance Materials (Shenzhen) Co., Ltd. (formerly Shenzhen Sanshun Nano New Materials Co., Ltd.), serving as a director, deputy general manager, and secretary of the board. From March 2021 to May 2022, I was an employee in the Investment Banking Department of Caixin Securities Co., Ltd. I am currently the business director of Shenzhen Lijian Information Consulting Co., Ltd., and concurrently serve as an independent director for Guangzhou Anbiping Pharmaceutical Technology Co., Ltd. (688393) listed on the STAR Market and Shenzhen Yingke Rui Technology Co., Ltd. listed on the GEM. I was elected as an independent director of the Company on May 12, 2025. During my tenure as an independent director of the Company, I have not held any positions in the Company other than that of an independent director, nor have I held any positions in the principal shareholder companies. There are no relationships between me and the Company or its principal shareholders that would hinder my independent and objective judgment. This complies with the "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listed Companies Self-Regulatory Management Guide No. 2 - Normative Operation of GEM Listed Companies," and other laws, regulations, and normative documents, as well as the "Articles of Association" and "Independent Director Work Rules" regarding the independence of independent directors. I can perform my duties independently and impartially, and there are no circumstances that affect the independence of independent directors. 1 Huazhi Liquor 2025 Annual Report of Independent Director (Wu Ri) II. Attendance at Board and Shareholder Meetings