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Agricultural Bank of China dissolves board of supervisors, amends articles

September 25, 2025 at 05:04 PM UTCBy FilingReader AI

Agricultural Bank of China Limited (ABC) announced on September 25, 2025, that the National Financial Regulatory Administration (NFRA) approved amendments to its Articles of Association, effective immediately. This approval triggers the dissolution of ABC's board of supervisors, with the audit committee of the board of directors assuming its functions and powers in accordance with the Company Law of the People's Republic of China and relevant state provisions. Consequently, Ms. Deng Lijuan, Mr. Huang Tao, Mr. Wang Xuejun, Ms. Liu Hongxia, Mr. Xu Xianglin, and Mr. Wang Xixin are no longer supervisors. The bank also reported the appointment of Mr. Wang Dajun as an executive vice president, with his qualification ratified by the NFRA on July 17, 2025.

Additionally, the bank updated its Articles of Association to reflect various operational and governance changes. These include provisions for share issuance, repurchase, and conversion of preference shares, director qualifications, and special committee duties. The bank also affirmed its commitment to sustainability, detailing efforts in green finance, inclusive finance, and digital transformation, as outlined in its 2025 interim report.

The full text of the amended Articles of Association is available on the websites of The Stock Exchange of Hong Kong Limited and the bank.

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

HKEX:1288Hong Kong Exchange
Hong Kong Blue Chip

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