Report on the 2025 Annual On-site Inspection of Guanglian Aviation Industry Co., Ltd. by AVIC Securities Co., Ltd.
Sponsor Institution Name:
AVIC Securities Co., Ltd.
Abbreviated Name of Sponsored Company:
Guanglian Aviation
Sponsor Representatives:
Name: Sun Jie
Contact Number: 010-59562504
Name: Wang Hongliang
Contact Number: 010-59562504
On-site Inspection Personnel:
Sun Jie, Hu Guanquiao, Zhao Xiaoman
Corresponding Time for On-site Inspection:
On-site inspection period: April 14, 2026, to April 17, 2026
I. On-site Inspection Matters
On-site Inspection Opinions
- Corporate Governance
- Yes / No / Not Applicable
- On-site inspection methods:
- Obtained the company's current internal control systems and rules, verified the articles of association, and the procedural rules of the shareholders' meeting, board of directors, and supervisory board; reviewed resolutions and records of the shareholders' meeting, board of directors, and supervisory board; consulted relevant personnel about the execution of the company's basic systems, the diligence of directors, supervisors, and senior management, and changes therein; understood changes in the shareholding of the controlling shareholder and compliance with relevant laws and regulations.
- Obtained the company's periodic reports and related system documents; assessed whether there are situations affecting independence in personnel, assets, finance, organization, and business with related enterprises; understood the basic business situation of corporate governance, and checked for violations such as competition with peers and unfair related transactions.
| Item | Status |
|---|---|
| 1. Are the articles of association and corporate governance systems complete and compliant? | √ |
| 2. Are the articles of association and the rules of the three meetings effectively executed? | √ |
| 3. Are the records of the three meetings complete, including time, place, attendees, and meeting content? | √ |
| 4. Are the resolutions of the three meetings signed by relevant attendees? | √ |
| 5. Do the directors, supervisors, and senior management perform their duties in accordance with relevant laws and regulations? | √ |
| 6. If there are significant changes in directors, supervisors, and senior management, have corresponding procedures and disclosure obligations been fulfilled? | √ |
| 7. If there are changes in the controlling shareholder or actual controller, have corresponding procedures and disclosure obligations been fulfilled? | √ |
| 8. Are the company’s personnel, assets, finance, organization, and business independent? | √ |
| 9. Is there no competition with the controlling shareholder and actual controller? | √ |
(Note 1) The company held the 35th meeting of the third board of directors on December 30, 2024, nominating Mr. Wang Zengduo, Mr. Wang Anmin, Mr. Liu Yong, Mr. Yang Huaizhong, and Mr. Wang Mengxun as candidates for non-independent directors of the fourth board of directors, with a term of three years starting from the approval date of the first extraordinary shareholders' meeting in 2025; nominated Mr. Yang Jian, Mr. Wang Yong, and Mr. Yu Tao as candidates for independent directors of the fourth board of directors, all of whom have served as independent directors since February 9, 2022. The company held the first extraordinary shareholders' meeting and the ninth employee representative meeting of the first session on January 15, 2025, completing the election of the board of directors and supervisory board. Due to the expiration of their terms, Mr. Chang Liang no longer serves as a director and deputy general manager, and Mr. Yang Shouji no longer serves as a director, but continues to hold other positions in the company. The changes in the above directors and supervisors have fulfilled the corresponding procedures and disclosure obligations. Following the approval of the annual shareholders' meeting in 2024, the company will no longer have a supervisory board starting from May 15, 2025, and Ms. Zhao Yun will no longer serve as the chairperson of the supervisory board, Mr. Li Xiancheng will no longer serve as a shareholder representative supervisor, and Mr. Sun Zhaojun will no longer serve as an employee representative supervisor, but will continue to hold other positions in the company.