Chongqing Rural Commercial Bank shareholders approve key operational framework changes

Chongqing Rural Commercial Bank Co., Ltd. announced the successful passing of all proposed resolutions at its 2025 First Extraordinary General Meeting (EGM) held on December 10, 2025. Key approvals included amendments to the articles of association, the rules of procedures for the shareholders' meeting, and the rules of procedures for the board. Notably, shareholders also approved the cancellation of the establishment of the board of supervisors.

The total number of shares carrying voting rights at the EGM was 4,990,319,075, representing 46.58% of the bank's total shares with voting rights. The resolution to amend the articles of association received overwhelming support, with 88.0415% of votes cast "for" (4,393,550,176 votes). Amendments to the rules of procedures for the shareholders' meeting passed with 99.9727% "for" (4,988,955,657 votes), and changes to the rules of procedures for the board secured 89.1001% "for" (4,446,381,079 votes).

The cancellation of the board of supervisors was approved with 99.9656% "for" (4,988,603,853 votes). These special resolutions, requiring more than two-thirds approval, were all duly passed. The amendments to the articles of association and related rules of procedures will take effect upon approval from the Chongqing office of NFRA.