Bank of Beijing approves director elections amid leadership changes

Bank of Beijing (SSE:601169) held its second extraordinary general meeting of shareholders on April 16, 2025, where key resolutions regarding the board of directors were passed. Shareholders approved the election of Dai Wei as a director and Wang Xuesong as an independent director. These appointments come as the bank also announced the resignation of director Cheng Suning, effective the date of the announcement, due to work-related reasons. The election of Dai and Wang received overwhelming support, with 99.7915% and 99.9369% of votes in favor, respectively. The meeting saw participation from shareholders representing 11,152,560,555 shares, or 52.7482% of the bank’s total voting shares. Beijing Tianda & Partners law firm provided legal attestation to the meeting, confirming compliance with relevant laws and the company's articles of association.