Shenzhen Yibo Technology Co., Ltd.
2025 Annual Report of Independent Director
As an independent director of Shenzhen Yibo Technology Co., Ltd. (hereinafter referred to as the Company), I strictly adhered to the provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Measures for Independent Directors of Listed Companies, the Corporate Governance Guidelines, the Listing Rules of the Shenzhen Stock Exchange for the Growth Enterprise Market, and the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies, as well as other relevant laws, regulations, departmental rules, and normative documents (hereinafter referred to as laws and regulations). In accordance with the Articles of Association and the Independent Director Work System of the Company, I have exercised my powers as an independent director in a diligent, responsible, independent, objective, and fair manner. I have kept abreast of the Company's operational information, paid close attention to its development status, attended the board meetings, special committees, and shareholders' meetings held during the year, and provided professional and independent opinions on the matters discussed, faithfully fulfilling the responsibilities of an independent director and playing a role in decision-making, supervision, and professional consultation, thereby safeguarding the legitimate rights and interests of all shareholders. The following is my report on the performance of my duties as an independent director during the 2025 reporting period.
I. Basic Information of the Independent Director
(1) Professional Background and Work Experience
As an independent director of the Company, I possess the professional qualifications and capabilities required by laws and regulations, and I have accumulated considerable work experience in my professional field. The specific information is as follows:
Mr. Hu Zhenchao, born in 1972, Chinese nationality, no permanent residency abroad, holds a doctoral degree, a bachelor's degree in industrial accounting, a master's degree in management accounting, and is a doctor of accounting, as well as a mid-level accountant. From January to April 2001, I served as an investment manager at CITIC 21st Century Shenzhen Office; from May 2001 to March 2007, I was the head of the investment development department and finance department of Shenzhen Keput Investment Development Co., Ltd.; from April 2007 to October 2015, I served as the secretary of the board and financial director of Shenzhen Fuanna Home Furnishings Co., Ltd.; from November 2015 to June 2020, I was the general manager of Shenzhen Linfeng Investment Management Co., Ltd.; from July 2021 to May 2023, I served as the investment director of Gongqingcheng Tairan Private Fund Management Co., Ltd.; from June 2023 to April 2024, I was the secretary of the board and financial director of Shenzhen Shichuangyi Electronics Co., Ltd.; from April 2024 to the present, I have been the financial director and secretary of the board of Shenzhen Ruiyun Technology Co., Ltd. Since November 2020, I have served as an independent director of the Company.
(2) Explanation of Independence
As an independent director of the Company, I have submitted a report on my independence self-assessment for the 2025 fiscal year to the board of directors. During my tenure in 2025, I met the relevant requirements for independence as stipulated in the Management Measures for Independent Directors of Listed Companies, the Corporate Governance Guidelines, and the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies, and there were no circumstances affecting my independent performance of duties.