HJT(SH:603577) Zheng Quan Zhi Xing·2025-03-24 09:12Core Viewpoint - The independent director of Qingdao Huijintong Electric Equipment Co., Ltd. provided a comprehensive report on their duties and responsibilities for the year 2024, emphasizing their commitment to maintaining the interests of the company and all shareholders [1][2]. Group 1: Independent Director's Background and Independence - The independent director, Fu Yongling, has a strong academic background with a Ph.D. and extensive experience in academia and corporate governance [1]. - The director confirmed their independence by not holding more than 1% of the company's shares and not being involved with major shareholders or related parties [2]. Group 2: Attendance and Participation in Meetings - The independent director actively participated in board meetings, ensuring thorough discussions and decision-making processes [2]. - The director served as the chair of the nomination committee and a member of the remuneration and assessment committee, contributing to the review of various proposals [3][4]. Group 3: Communication with Auditors and Internal Controls - The independent director engaged with external auditors and internal audit teams to ensure compliance and effective internal controls, confirming no significant issues were found [5][9]. - The company has established a robust internal control system that meets legal and regulatory requirements, ensuring accurate financial reporting [9]. Group 4: Related Party Transactions - The independent director approved related party transactions for the procurement and sale of materials, ensuring these transactions were conducted fairly and did not harm the company's interests [7][8]. - The total procurement amount for related transactions is capped at RMB 59 million, while sales are limited to RMB 5 million [8]. Group 5: Financial Reporting and Compliance - The company adhered to legal requirements for financial reporting, ensuring timely and accurate disclosures without any misleading information [8][12]. - The independent director verified that the remuneration of directors and senior management complied with the company's policies and did not harm shareholder interests [12]. Group 6: Overall Evaluation and Recommendations - The independent director's report highlighted the importance of constructive feedback for the board's decision-making and the promotion of standardized operations within the company [12].