2025 Annual Report of Independent Director (Xu Shucai)
As the independent director of Jiangsu Bojun Industrial Technology Co., Ltd. (hereinafter referred to as "the Company"), I have strictly adhered to the Company Law, Securities Law, Management Measures for Independent Directors of Listed Companies, and the Shenzhen Stock Exchange Self-Regulatory Guidelines No. 2 for the standardized operation of GEM-listed companies, as well as the Company’s Articles of Association and Independent Director Work System. In 2025, I diligently fulfilled my responsibilities as an independent director, actively attended relevant meetings, participated in major decision-making, and provided independent and objective opinions on matters reviewed by the board of directors, effectively safeguarding the overall interests of the Company and the legitimate rights and interests of all shareholders, especially minority investors. The following is my report on the performance of my duties as an independent director in 2025:
I. Personal Information
(1) Personal Work Experience, Professional Background, and Concurrent Positions
Mr. Xu Shucai, born in 1978, Chinese nationality, without permanent residency abroad, is an associate professor and doctoral supervisor. From July 2000 to June 2001, he served as an assistant engineer at Hefei Meiling Group; from July 2007 to July 2010, he conducted postdoctoral research at Tsinghua University’s School of Vehicle and Transportation; from August 2010 to December 2017, he was an assistant researcher at Tsinghua University’s School of Vehicle and Transportation; from April 2017 to June 2023, he served as an independent director of Zhejiang Tiancheng Automation Co., Ltd.; since December 2017, he has been an associate professor at Tsinghua University’s School of Vehicle and Transportation, and currently serves as the chairman of Suzhou Qingtai Jiasiti Safety System Equipment Co., Ltd. He has been an independent director of the Company since November 2022.
(2) Explanation of Independence
As an independent director of the Company, I do not hold any position other than that of independent director and do not hold any position among the Company’s major shareholders. There are no relationships with the Company or its major shareholders that would hinder my ability to make independent and objective judgments, and there are no circumstances affecting my independence.
II. Annual Performance of Duties
(1) Meeting Attendance
In 2025, during my term, the Company held a total of 14 board meetings and 2 shareholder meetings. As an independent director, I personally attended all board and shareholder meetings held during my term, diligently fulfilling my duties and exercising my voting rights, with no absences, proxies, or consecutive absences from meetings.
| Meeting Type | Total Meetings Required | Attended (Times) | Proxy Attendance (Times) | Absences (Times) |
|---|---|---|---|---|
| Board Meetings | 14 | 14 | 0 | 0 |
| Shareholder Meetings | 2 | 2 | 0 | 0 |
In 2025, the convening and holding of the Company’s board meetings complied with legal procedures, and all major operational decisions and other significant matters followed the relevant approval processes, being legal and effective. I carefully reviewed all proposals submitted for meeting deliberation, actively participated in discussions on various topics, and made reasonable suggestions, exercising my voting rights with a rigorous attitude. In 2025, I raised no objections to any proposals and voted in favor of all relevant proposals. I believe that the major matters reviewed by the Company in 2025 complied with the Company Law, the Code of Corporate Governance for Listed Companies, and the Company’s Articles of Association, reflecting the principles of openness, fairness, and justice, with legal and effective deliberation and voting procedures, and no harm to the Company and its shareholders, especially minority investors.