Basic Information of the Independent Director
I, Cao Yue, male, born in October 1981, Chinese nationality, without permanent residency abroad, hold a Ph.D. in Management from Renmin University of China and a postdoctoral degree in Business Administration from Zhongnan University of Economics and Law. Since July 2010, I have served as an assistant professor, associate professor, and professor at the Business School of Hunan University. I have also held independent director positions at various companies, including Hunan Hengmao High-Tech Co., Ltd. and Yongqing Environmental Protection Co., Ltd. I have served as an independent director of the company since November 10, 2019, completing a six-year term. I have applied to resign from my position as an independent director of the company's second board of directors and related committees, and I will no longer hold any position in the company after my resignation. The following is a report on my performance during my term from January 1 to October 15, 2025.
Performance Overview for 2025
Attendance at Board and Shareholder Meetings
During 2025, the convening of the company's board and shareholder meetings complied with the relevant provisions of the Company Law and the Articles of Association. All financial assistance, issuance of H shares, annual related party transactions, and other significant matters followed the necessary procedures and were legally valid. My attendance at board and shareholder meetings during my term (January 1 to October 15, 2025) is as follows:
| Name | Number of Board Meetings Held | Number of Meetings Attended | Number of Meetings Participated by Proxy | Number of Absences |
|---|---|---|---|---|
| Cao Yue | 15 | 13 | 0 | 2 |
Opinions on Proposals
I provided prior approval and independent opinions on the following proposals: