China Construction Bank approves 2024 results, elects directors

China Construction Bank Corporation (SSE:601939) held its 2024 Annual General Meeting, approving all proposed resolutions. Shareholders ratified the 2024 Board of Directors and Supervisory Board reports, the 2024 financial settlement plan, and the 2025 fixed asset investment budget. The firm's shareholders also approved the hiring of external auditors for 2025 and authorized a 2025 budget for external donations. Zhang Jinliang was re-elected as an executive director, while Li Lu was re-elected as a non-executive director. Xin Xiaodai and Dou Hongquan were newly elected as non-executive directors. The meeting also approved revisions to the company's articles of association, rules of procedure for the general meeting of shareholders, and rules of procedure for board meetings. Departing directors include Tian Bo, Xia Yang, Greame Wheeler, and Michael Madelain. The meeting was deemed legitimate and effective by legal counsel Tongshang Law Firm.