2025 Annual Report of Independent Director (Pang Linlin)
I, Pang Linlin, as an independent director of Shenzhen Zhishang Technology Co., Ltd. (hereinafter referred to as "the Company"), have diligently fulfilled my duties and obligations in 2025 in strict accordance with the Company Law of the People's Republic of China, the Management Measures for Independent Directors of Listed Companies, the Corporate Governance Code for Listed Companies, and other relevant laws, regulations, and the Company's Articles of Association. With extensive financial expertise and experience, I have maintained an honest, diligent, and responsible attitude, independently performing my duties and fully exercising the role of an independent director to safeguard the overall interests of the Company and the legitimate rights and interests of shareholders. The following is my report on the performance of my duties in 2025:
I. Basic Information of the Independent Director
I, Pang Linlin, born in October 1986, hold Chinese nationality and do not have permanent residency abroad. I have a bachelor's degree and am a certified public accountant in China. From May 2020 to September 2020, I served as the Executive General Manager of the Investment Banking Department at Wukuang Securities Co., Ltd. From October 2020 to April 2025, I was the Chief Financial Officer and Secretary of the Board at Shenzhen Ruilian Technology Co., Ltd. From May 2025 to August 2025, I served as the Chief Financial Officer at Shenzhen Jiehe Technology Development Co., Ltd. Since September 2025, I have been the Chief Financial Officer at Shenzhen Hairuisi Automation Technology Co., Ltd. and currently serve as an independent director of the Company. During the reporting period, my position met the independence requirements stipulated in the Management Measures for Independent Directors of Listed Companies, and there were no circumstances affecting my independence.
II. Overview of Annual Duties
(A) Attendance at Board and Shareholder Meetings
In 2025, my attendance at board and shareholder meetings was as follows:
| Director Name | Required Board Meetings | In-Person Attendance | Attendance by Communication | Proxy Attendance | Absences | Consecutive Absences | Attendance at Shareholder Meetings |
|---|---|---|---|---|---|---|---|
| Pang Linlin | 13 | 2 | 11 | 0 | 0 | No | 6 |
The meetings I attended were convened and held in accordance with legal procedures, and the resolutions made were legal and valid. I voted in favor of all proposals presented at the board meetings, with no dissenting matters.
(B) Attendance at Special Meetings of Independent Directors
In 2025, special meetings of independent directors were held 8 times, and I attended all 8 meetings on time. We reviewed and approved proposals regarding the transfer of controlling subsidiaries, related transactions, increasing daily related transactions, using part of the idle self-owned funds for cash management, using part of the idle raised funds (including oversubscribed funds) for cash management, the status of raised funds, the 2025 restricted stock incentive plan, issuing shares and paying cash to acquire assets, reappointing the Company's auditing institution for 2025, joint investment with related parties by wholly-owned subsidiaries, and amending the Articles of Association and handling business registration changes. I diligently fulfilled my responsibilities and obligations as an independent director, providing independent judgments on these matters to facilitate effective discussions and prudent decision-making by the board.