Bank of China amends articles, dissolves board of supervisors

Bank of China Limited announced the approval of amendments to its articles of association by the National Financial Regulatory Administration, following consideration and approval at the 2024 Annual General Meeting held on June 27, 2025. A key change outlined in the revised articles, dated September 23, 2025, is the dissolution of the board of supervisors.

With this amendment, the bank has ceased to have a board of supervisors. The functions and powers previously held by the board of supervisors will now be assumed by the audit committee of the board of directors, in accordance with the Company Law of the People's Republic of China and other relevant laws and regulatory provisions. Ms. Wei Hanguang, Mr. Jia Xiangsen, Mr. Hui Ping, and Mr. Chu Yiyun have consequently ceased their roles as supervisors, confirming their agreement and lack of outstanding matters.

The bank's registered capital remains RMB 294,387,791,241, with 294,387,791,241 ordinary shares and 1,000,000,000 preference shares as of March 31, 2025. The revised articles detail changes in areas such as shareholder rights, capital management, and the duties of various committees, reflecting the ongoing evolution of its corporate governance structure.