Bank of China shareholder meeting approves A-share issuance plan

Bank of China [SSE:601988] secured shareholder approval for its plan to issue new A-shares at an extraordinary general meeting held on April 16, 2025. Shareholders approved resolutions that included the suitability for the issuance of A-shares, the specific A-share issuance plan, a feasibility analysis report, and the use of proceeds. The A-share issuance plan was approved with 99.986155% of votes in favor. The resolutions encompassed the type of shares, method, timing, size, use of funds, pricing, and validity of the resolutions.