Bank of China approves 2024 results, sets course for 2025-2026
Bank of China (SSE:601988) secured shareholder approval for its 2024 performance and strategic direction at its annual general meeting held on June 27, 2025. Key resolutions included the approval of the 2024 Board of Directors and Supervisory Board reports, the 2024 financial accounts, and the 2025 capital expenditure budget. Shareholders also approved the issuance of financial bonds for 2025-2026 and revisions to the company's articles of association and rules of procedure. Highlighting board changes, shareholders elected Gao Meiyi and Hu Zhanyun as independent non-executive directors. The meeting, held in Beijing and Hong Kong, saw participation from shareholders representing 82.496865% of the bank's voting shares. Legal counsel validated the legitimacy and effectiveness of both the meeting and resolutions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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