Beijing E-Town Holdings Co., Ltd. 2025 Annual Independent Director Performance Report
To the shareholders and shareholder representatives:
As an independent director of Beijing E-Town Holdings Co., Ltd. (hereinafter referred to as the "Company"), I have strictly adhered to the provisions of the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Shenzhen Stock Exchange GEM Stock Listing Rules" (hereinafter referred to as the "Listing Rules"), the "Administrative Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange Listed Companies Self-Regulatory Management Guidelines No. 2 - Standardized Operation of GEM Listed Companies," and the "Articles of Association of Beijing E-Town Holdings Co., Ltd." (hereinafter referred to as the "Articles of Association"), and the "Independent Director System of Beijing E-Town Holdings Co., Ltd." and other relevant laws, regulations, and rules. In my work during 2025, I have faithfully and diligently performed my duties, actively attended various board meetings and shareholder meetings, carefully reviewed all proposals from the board of directors, and expressed independent, objective, and professional opinions on relevant company matters, effectively safeguarding the interests of the Company and its shareholders, especially small shareholders.
I served as an independent director of the Fifth Board of Directors and a member of the specialized committees of the Company. I hereby report on my fulfillment of duties in 2025:
I. Basic Information
(I) Work Experience, Professional Background, and Concurrent Positions
Mr. Zhao Xibu, born in 1963, is a Chinese national with no overseas permanent residency. He holds a Ph.D. in Economics from Renmin University of China. From 1998 to 2000, he served as Assistant General Manager of Nanjing Panda Electronics Group Co., Ltd. and Financial Controller of Nanjing Panda Electronics Co., Ltd. Since 1985, he has served as a lecturer, associate professor, and professor at Renmin University of China. In 2014, he was awarded "Advanced Individual in Teaching Ethics" by Beijing Municipality; in 2016, he was awarded "Accounting Master" by the Ministry of Finance; in 2017, he was awarded the "Baosteel Outstanding Teacher Award" by the Ministry of Education; in 2018, he was awarded the "First Prize for Achievements in Higher Education" by the Beijing Municipal Government; and in 2019, he was awarded the "First Prize for Achievements in Higher Education" by the Ministry of Education. He is also the head of offline first-class courses at the Ministry of Education. He currently serves as an independent director of Anhui Huangshan Capsule Co., Ltd. (a listed company), an independent director of Shenzhen Ziguang Tongchuang Electronics Co., Ltd., an independent director of Beijing Shuma Dafang Technology Co., Ltd., an independent director of Beijing Jinguan Taifu Fund Management Co., Ltd., an independent director of China Cinda Property & Casualty Insurance Co., Ltd., an independent director of Beijing E-Town Holdings Co., Ltd., and the convener of the Audit Committee and a member of the Compensation and Nomination Committee.
(II) Statement on Independence
I do not hold any positions in the Company other than independent director and member of the board's specialized committees, nor do I hold any positions in the principal shareholder's entity. There are no circumstances that would hinder my ability to conduct independent and objective judgments regarding the Company and its principal shareholder, nor are there any circumstances that would affect my independence as an independent director. This complies with the requirements of the "Administrative Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange Listed Companies Self-Regulatory Management Guidelines No. 2 - Standardized Operation of GEM Listed Companies," and other relevant laws and regulations, as well as the Company's Articles of Association regarding the qualifications and independence of independent directors.