China Everbright Bank proposes amendments, dissolves supervisors board

China Everbright Bank announced proposed amendments to its Articles of Association and the dissolution of its Board of Supervisors. Approved at the 28th meeting of the ninth session of the Board of Directors on May 29, 2025, the amendments align with changes to the Company Law of the People's Republic of China and other relevant regulations. These adjustments are contingent upon shareholder approval at the upcoming general meeting and approval from the National Financial Regulatory Administration (NFRA). The Board has authorized senior management to make necessary adjustments based on regulatory feedback and handle related filings.