1. Basic Information of the Independent Director
I, Yuan Xinwen, born in November 1962, hold Chinese nationality and do not have permanent residency abroad. I have a Bachelor's degree in Financial Accounting and a Master's degree in Accounting from Xiamen University. From August 1982 to August 1984, I served as a teacher at Longyan Finance and Economics School in Fujian; from August 1986 to November 2022, I held various positions including lecturer, associate professor, and professor at the Accounting Department of the School of Management at Xiamen University; from July 2013 to May 2017, I served as the president of Fujian Business College; from May 2017 to September 2019, I was the vice president of Fujian Business School; and since January 2021, I have been serving 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.
2. Performance in 2025
(1) Attendance at Meetings
- Attendance at Board and Shareholder Meetings In 2025, the company held a total of 8 board meetings, all of which I personally attended, with no absences or consecutive non-attendance. The company also held 3 shareholder meetings, which I attended in person, actively listening to the opinions and suggestions of shareholders.
| Meeting Type | Total Meetings | Required Attendance | Personal Attendance | Proxy Attendance | Absences | Consecutive Absences |
|---|---|---|---|---|---|---|
| Board | 8 | 8 | 8 | 0 | 0 | No |
| Shareholder | 3 | 3 | 3 | 0 | 0 | No |
I diligently obtained relevant materials needed for decision-making before board meetings, carefully reviewed various documents submitted for board consideration, and actively participated in discussions, independently expressing opinions and exercising voting rights to fulfill the supervisory and professional roles of an independent director. Prior to shareholder meetings, I studied and reviewed each proposal submitted for consideration, striving to be accountable to all shareholders. During my tenure, the convening and procedures of the board and shareholder meetings complied with relevant laws and regulations, and all major operational decisions and other significant matters followed necessary approval procedures, being legal and effective without harming the interests of the company and all shareholders, especially minority shareholders. I voted in favor of all board proposals and other company matters after careful review, with no dissent, opposition, or abstentions. Throughout the reporting period, the company fully supported my work, and there were no circumstances hindering my independent judgment.
- Attendance at Board Committees The company has established four specialized committees: the Audit Committee, Strategy Committee, Nomination Committee, and Compensation and Assessment Committee. I serve as the chair of both the Audit Committee and the Compensation and Assessment Committee. In 2025, each specialized committee held meetings regarding relevant company matters, and I actively participated in these meetings, fulfilling my responsibilities.
(1) Audit Committee
I serve as the chair of the Audit Committee of the company's second board. In 2025, the Audit Committee held nine meetings to review the company's financial reports, internal control situations, and the appointment of audit firms. The Audit Committee undertook various tasks, including but not limited to reviewing the 2025 audit firm selection plan, discussing the 2024 internal control evaluation report, and reviewing financial information in periodic reports.