hbky(SH:600985) Zheng Quan Zhi Xing·2025-03-27 13:22Core Viewpoint - The independent director of Huabei Mining Holding Co., Ltd. reports on the performance of duties during the 2024 term, emphasizing adherence to legal regulations and the importance of independent oversight for the company's healthy development [2][5]. Group 1: Independent Director's Background and Responsibilities - The independent director, Li Guichen, has a strong academic background with a PhD and experience in mining engineering, having served in various academic and research roles [2]. - The director confirms compliance with independence requirements as per relevant regulations, ensuring unbiased decision-making [2]. Group 2: Attendance and Participation in Meetings - The independent director attended 5 board meetings, with 3 via communication and 2 in person, and participated in 1 shareholder meeting, voting in favor of all submitted proposals [3]. - The director served on several committees, including the audit, nomination, and strategy committees, attending all relevant meetings and voting positively on all matters [3]. Group 3: Oversight and Communication - The director actively engaged with the internal audit team to enhance audit effectiveness and ensure compliance with internal controls [4]. - Communication with minority shareholders was prioritized through participation in quarterly earnings calls and shareholder meetings, gathering feedback to protect their interests [4]. Group 4: Key Focus Areas During the Term - The company adhered to regulations regarding related party transactions, ensuring compliance and fairness in decision-making processes [5]. - Financial reports were prepared and disclosed timely, reflecting accurate financial data and operational status, with all reports approved by the board and management [6]. - The company successfully reappointed external auditors, confirming their qualifications and compliance with legal requirements [6]. - The director reviewed the appointment of the financial officer, affirming the candidate's qualifications and suitability for the role [6]. - The nomination and appointment processes for board members and senior management were conducted in accordance with legal and regulatory standards [7]. Group 5: Overall Evaluation and Recommendations - The independent director emphasizes the importance of maintaining independence and fulfilling responsibilities to protect the interests of all shareholders, particularly minority shareholders [7].