Xin Lang Zheng Quan·2025-08-26 11:38Core Insights - The independent director system plays a crucial role in promoting corporate governance, protecting minority investors' rights, and fostering a healthy capital market development in China [1] Summary by Sections Independent Director Compensation - In the A-share market, the highest compensation for independent directors is 1.07 million yuan, while the lowest is 9,600 yuan, with 61 directors earning over 500,000 yuan and 6,545 earning less than 100,000 yuan [1] - Over 2,000 independent directors are aged 65 and above, with 23 being over 80 years old, and more than 3,500 are aged between 60 and 69 [1] Zhang Zixue's Role and Attendance - Zhang Zixue served as an independent director for three companies: Juhua Co., New Ning Logistics, and Wenkang Capital, earning a total of 400,000 yuan in 2024 [1] - In 2024, Zhang attended all board meetings and shareholder meetings for Juhua Co. (5 board meetings, 2 shareholder meetings), New Ning Logistics (5 board meetings, 3 shareholder meetings), and Wenkang Capital (11 board meetings, 3 shareholder meetings), voting in favor of all proposals without raising objections [3] Zhang Zixue's Background - Zhang Zixue has extensive experience in regulatory roles, having worked at the China Securities Regulatory Commission from 1997 to 2016, and is currently a professor at China University of Political Science and Law [4] - He holds multiple degrees, including a bachelor's degree in law and a master's degree in litigation law from Renmin University of China, a master's degree in law from Temple University, and a Ph.D. in corporate law and securities law from China University of Political Science and Law [4]