2025 Annual Report of Independent Director (Xiang Xujia)
Dear shareholders and shareholder representatives:
I, Xiang Xujia, as an independent director of Honggong Technology Co., Ltd. (hereinafter referred to as "the Company"), strictly adhered to the provisions of the Company Law, Securities Law, Management Measures for Independent Directors of Listed Companies, Listing Rules of the Shenzhen Stock Exchange for Growth Enterprises, and the Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange, as well as the Company’s Articles of Association and the Independent Director Work System. In 2025, I fulfilled my duties and obligations as an independent director with a responsible attitude towards all shareholders, attending board meetings and shareholder meetings on time, actively playing the role of an independent director, promoting the standardized operation of the Company, and effectively safeguarding the legitimate rights and interests of the Company and all shareholders, especially minority shareholders. Below is my report on the performance of my duties as an independent director during my term in 2025:
I. Basic Information of the Independent Director
(1) Work Experience, Professional Background, and Concurrent Positions
Xiang Xujia, male, born in April 1969, Chinese nationality, no permanent residence abroad, holds a master's degree in economic law from Southwest University of Political Science and Law. From June 2001 to January 2008, he served as a lawyer and partner at Guohao Law Firm (Shenzhen). From January 2008 to July 2008, he worked as a lawyer at Beijing Deheng Law Firm (Shenzhen). From August 2008 to November 2013, he held positions as compliance head and board secretary at Fude Life Insurance Co., Ltd. From November 2013 to January 2015, he served as general manager and chairman of Life Insurance Asset Management Co., Ltd. From December 2014 to October 2015, he was president of Fude Holdings (Group) Co., Ltd. From December 2015 to January 2019, he worked as a lawyer and managing partner at Guangdong Weimo Law Firm. Since 2019, he has been a partner at Beijing Anli (Shenzhen) Law Firm. Since July 2015, he has served as a director of Fude Insurance Holdings Co., Ltd. From December 2019 to November 2025, he was an independent director of Silicon Electric Semiconductor Equipment (Shenzhen) Co., Ltd. From May 2020 to June 2023, he served as an independent director of Dongguan Yihua Automation Co., Ltd. Since December 2020, he has been an independent director of Dasheng Times Cultural Investment Co., Ltd. Since December 2022, he has been an independent director of the Company.
(2) Independence Statement
Apart from serving as an independent director of the Company, neither I nor my spouse, parents, or children hold any positions in the Company or its major shareholders or subsidiaries, and there are no interests or relationships that may hinder independent and objective judgment between me and the Company or its major shareholders. I meet the independence requirements set forth in the Management Measures for Independent Directors of Listed Companies, the Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange, and the Company’s Articles of Association and Independent Director Work System, and there are no circumstances affecting my independence.
II. Performance Overview in 2025
(1) Attendance at Board and Shareholder Meetings
- Board Meetings
In 2025, I attended 9 board meetings without any absences or delegating attendance and voting to other independent directors. The convening and holding of board meetings complied with legal procedures, and significant business decisions and other major matters followed the relevant approval processes, being legal and effective. I voted in favor of all proposals reviewed by the board during the reporting period and did not raise any objections to the board's proposals or other Company matters.