Guangzhou Haoyang Electronics Co., Ltd. Independent Director 2025 Annual Performance Report (Yang Xiongwen)
In 2025, as an independent director of Guangzhou Haoyang Electronics Co., Ltd. (hereinafter referred to as "the Company"), I have strictly performed my duties in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as "Company Law"), the "Management Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange GEM Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 2 - Norms for the Operation of GEM Listed Companies," and other relevant laws, regulations, and the Company's Articles of Association and "Independent Director System." I have fully utilized my role in participating in decision-making, supervision, and professional consultation to safeguard the overall interests of the Company and the legitimate rights and interests of minority shareholders. The following is a report of my work in 2025:
I. Basic Information of Independent Director
(I) Work Experience, Professional Background, and Concurrent Positions Yang Xiongwen, male, born in 1970, Chinese national, holds a Ph.D. in Civil and Commercial Law from Renmin University of China and was a visiting scholar at the University of Oxford Law School. He is currently a professor at the Law School of South China University of Technology, a senior engineer, a part-time lawyer at Guangdong Hanrui Law Firm, a member of the 13th Guangdong Provincial Committee of the Chinese People's Political Consultative Conference, and a member of the 10th Guangdong Provincial Committee of the China National Democratic Construction Association. He also serves as the Deputy Secretary-General and Executive Director of the China Intellectual Property Law Society. He is currently an independent director of the Company, an independent director of Shenzhen Zhongheng Huafa Co., Ltd., and an independent director of Guangdong Delian Group Co., Ltd.
(II) Statement of Independence 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 main shareholder companies of the Company. There are no circumstances that could hinder my independent and objective judgment, nor are there any situations that affect the independence of an independent director. I meet the qualification and independence requirements for independent directors as stipulated in the "Management Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 2 - Norms for the Operation of GEM Listed Companies," and other relevant laws and regulations, as well as the Company's Articles of Association.
II. Overview of Independent Director's Performance in 2025
(I) Attendance at Board and Shareholder Meetings In 2025, the Company convened 9 board meetings, all of which I attended in person. Of these, 7 were attended in person at the venue and 2 were attended via communication. The Company convened 4 shareholder meetings, of which I attended 3 in person at the venue. There were no instances of absence or proxy attendance. I voted in favor of all proposals at the 9 board meetings.
At the board meetings, I carefully reviewed the proposals, maintained full communication with the Company's management, and offered some constructive suggestions. I exercised my voting rights with prudence, safeguarding the overall interests of the Company and the rights and interests of minority shareholders. I believe that the board and shareholder meetings convened by the Company in 2025 complied with legal procedures, and that major business decisions and other significant matters were handled in accordance with relevant procedures, making them legal and valid. Therefore, I approved all proposals at the Company's board meetings and other matters in 2025 after careful review, without raising any objections, dissenting votes, or abstentions.