FilingReader Intelligence

Bank of Communications to invest RMB5.275bn in fixed assets

June 9, 2025 at 09:59 PM UTCBy FilingReader AI

Bank of Communications (HKEX: 3328) plans to invest RMB5.275 billion in fixed assets for the year 2025, marking a 6.63% increase compared to the planned amount last year. A significant portion, RMB4.32 billion, will be directed towards information technology, reflecting a 29.57% increase in IT investment from the previous year, mainly due to construction projects of data centers.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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