2025 Annual Report of Independent Director
Dear shareholders and shareholder representatives:
As the independent director of Suzhou Xianglou New Materials Co., Ltd. (hereinafter referred to as "the Company") for the fourth board of directors, I have diligently and responsibly fulfilled my duties in accordance with the relevant provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Articles of Association of Suzhou Xianglou New Materials Co., Ltd., the Rules of Procedure for Board Meetings, and the Working System for Independent Directors. I have actively attended relevant meetings, reviewed matters for board consideration, exercised the independent role of an independent director, safeguarded the overall interests of the Company, and protected the legitimate rights and interests of the Company and all shareholders. Below is my report on the performance of my duties as an independent director during my term from September 12, 2025, to December 31, 2025.
1. Basic Information of the Independent Director
I, Yin Hongying, female, hold a doctoral degree. From April 2006 to August 2007, I served as a logistics planning engineer at Shanghai General Dongyue Automobile Co., Ltd.; from August 2011 to August 2014, I was a lecturer at Suzhou University; from September 2014 to June 2023, I served as an associate professor and master's supervisor at Suzhou University; since July 2023, I have been a professor and master's supervisor at Suzhou University; since November 2021, I have been an independent director at Suzhou Zhongjie Automotive Parts Co., Ltd.; since November 2023, I have been an independent director at Kangping Technology (Suzhou) Co., Ltd.; since July 2024, I have been an independent director at Jiangsu Haimen Rural Commercial Bank Co., Ltd.; and since September 2025, I have been an independent director of the Company. As of the end of this reporting period, I do not hold any shares in the Company and have no relationships with the Company's controlling shareholders, actual controllers, or other directors and senior management that would hinder my independent and objective judgment. There are no circumstances affecting my independence as stipulated in the Administrative Measures for Independent Directors of Listed Companies and the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange.
2. Annual Performance of Independent Director
During my term, I actively participated in all board and shareholder meetings convened by the Company. With a diligent and responsible attitude, I carefully reviewed meeting proposals and related materials, actively participated in discussions of various proposals, and provided reasonable suggestions, playing a positive role in the board's correct and scientific decision-making. In 2025, the convening of the board and shareholder meetings complied with legal procedures, and all major operational decisions and other significant matters followed the relevant approval processes. My attendance at meetings is as follows:
(1) Attendance at Shareholder Meetings
In 2025, during my term, the Company held 1 shareholder meeting, and I attended in person.
| Independent Director | Number of Shareholder Meetings to Attend | Attended in Person | Attended by Proxy | Absent | Remarks |
|---|---|---|---|---|---|
| Yin Hongying | 1 | 1 | 0 | 0 | - |
(2) Attendance at Board Meetings
In 2025, during my term, the Company held 3 board meetings, and my attendance is as follows:
| Independent Director | Number of Board Meetings to Attend | Attended in Person | Attended by Proxy | Absent | Remarks |
|---|---|---|---|---|---|
| Yin Hongying | 3 | 3 | 0 | 0 | - |
- I personally attended and voted in favor of all proposals reviewed at the board meetings.
- There were no instances of authorizing other independent directors to attend meetings.
- I did not raise any objections to any matters concerning the Company during the year.