Yangzhou Haichang New Material Co., Ltd.
Statement and Commitment of Independent Director Nominee
The nominator, Yangzhou Haichang New Material Co., Ltd., hereby makes a public statement regarding the nomination of Shen Baoping as a candidate for the 4th Board of Directors of Yangzhou Haichang New Material Co., Ltd. The nominee has provided written consent to be a candidate for independent director (see the Nominee's Statement). This nomination is made after a thorough understanding of the nominee's professional background, education, title, detailed work experience, all concurrent positions, and any history of major dishonesty or other negative records. The nominator believes that the nominee meets the qualifications and independence requirements for an independent director candidate as stipulated by relevant laws, administrative regulations, departmental rules, normative documents, and the business rules of the Shenzhen Stock Exchange. The specific statements and commitments are as follows:
I. The nominee has passed the qualification review by the Nomination Committee of the 3rd Board of Directors of Yangzhou Haichang New Material Co., Ltd. or the dedicated meeting of independent directors. The nominator and the nominee have no relationship of interest or other close relationship that may affect independent performance. Yes [x] No [ ]
II. The nominee does not have any circumstances stipulated in Article 178 of the "Company Law of the People's Republic of China" that prohibit serving as a company director. Yes [x] No [ ]
III. The nominee meets the qualification and condition requirements for independent directors stipulated by the China Securities Regulatory Commission's "Administrative Measures for Independent Directors of Listed Companies" and the business rules of the Shenzhen Stock Exchange. Yes [x] No [ ]
IV. The nominee meets the qualification requirements for independent directors stipulated by the Company's Articles of Association. Yes [x] No [ ]
V. The nominee has participated in training and obtained relevant training certificates recognized by the stock exchange (if any). Yes [x] No [ ]
VI. The nominee serving as an independent director will not violate the relevant provisions of the "Civil Servant Law of the People's Republic of China." Yes [x] No [ ]
VII. The nominee serving as an independent director will not violate the relevant provisions of the "Notice of the Central Commission for Discipline Inspection of the Communist Party of China on Regulating the Resignation or Retirement of Cadres under Central Administration from Holding Positions as Independent Directors or Independent Supervisors of Listed Companies and Fund Management Companies." Yes [ ] No [x]
VIII. The nominee serving as an independent director will not violate the relevant provisions of the "Opinions of the Central Organization Department of the Communist Party of China on Further Regulating the Concurrent Employment (Holding Positions) of Party and Government Leading Cadres in Enterprises." Yes [ ] No [x]