Xiamen Bestar Intelligent Technology Co., Ltd.
2025 Annual Independent Director's Report
To all shareholders and shareholder representatives:
This is the 2025 Annual Independent Director's Report (Lin Changshan).
I, Lin Changshan, as an independent director of Xiamen Bestar Intelligent Technology Co., Ltd. (hereinafter referred to as the "Company"), have strictly performed my duties in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Administrative Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange Listed Companies Self-Regulatory Management Guidelines No. 2 - Norms for Operation of GEM Listed Companies," and other laws, regulations, normative documents, and the "Articles of Association," "Work Rules for Independent Directors," and "Annual Report Work System for Independent Directors" during the reporting period (January 1, 2025, to September 12, 2025, the period during which I served as an independent director of the Company). I have diligently, conscientiously, and independently fulfilled my responsibilities, actively attended relevant meetings, carefully reviewed all proposals submitted to the Board of Directors, expressed independent opinions on major company matters, and fully exercised my independence and professionalism to safeguard the interests of the Company and its shareholders, especially small and medium shareholders.
My term expired, and I officially resigned on September 12, 2025, after the Company held its Third Extraordinary General Meeting of Shareholders in 2025, at which new independent directors were elected. I no longer serve as an independent director of the Board of Directors or a member of its relevant special committees. I hereby report on my performance during the reporting period:
I. Basic Information of the Independent Director
I, Lin Changshan, am a Chinese national with no permanent overseas residency. I graduated from Xiamen University with a major in Business Administration, holding a Master's degree and the title of Associate Economist. I am currently the Chairman of Xiamen Dechang Investment Co., Ltd. and a Director of Simai (Shanghai) Asset Management Co., Ltd. From January 2020 to September 2025, I served as an independent director, a member (convener) of the Remuneration and Nomination Committee, and a member of the Nomination Committee of the Board of Directors.
As an independent director of the Company, I possess the professional skills necessary for my duties, have extensive experience in my professional field, and have maintained sufficient independence and diligence in performing my duties.
During the reporting period, my position complied with Article 6 of the "Administrative Measures for Independent Directors of Listed Companies" regarding independence, and there were no circumstances that affected my independence.
II. Annual Performance of Independent Director Duties