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 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.
I. Basic Information of the Independent Director
I, Gu Qian Kun, male, hold a doctoral degree. From July 2019 to June 2022, I served as a lecturer in the Accounting Department of the School of Economics and Management at Wuhan University; from July 2022 to November 2023, I was an associate researcher in the same department; since December 2023, I have been an associate professor in the Intelligent Accounting Department of the Business School at Suzhou University; since April 2025, I have served as an independent director of Ruida Futures Co., Ltd.; since July 2025, I have been an independent director of Zhongcheng Zhixin Engineering Consulting Group 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 outlined in the Management Measures for Independent Directors of Listed Companies and the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange.
II. Annual Performance of Independent Director Duties
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, contributing positively to 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:
(A) Attendance at Shareholder Meetings
In 2025, during my term, the Company held 1 shareholder meeting, which I attended.
| Independent Director Name | Number of Shareholder Meetings to Attend | Attended in Person | Attended by Proxy | Absent | Remarks |
|---|---|---|---|---|---|
| Gu Qian Kun | 1 | 1 | 0 | 0 | - |
(B) Attendance at Board Meetings
In 2025, during my term, the Company held 3 board meetings, and my attendance is as follows:
| Independent Director Name | Number of Board Meetings to Attend | Attended in Person | Attended by Proxy | Absent | Remarks |
|---|---|---|---|---|---|
| Gu Qian Kun | 3 | 3 | 0 | 0 | - |
- I personally attended and voted in favor of all proposals reviewed at the board meetings.
- During the year, I did not authorize other independent directors to attend meetings on my behalf.
- I did not raise any objections to any matters of the Company during the year.