China Minsheng Bank approves preferred stock dividend, tech and risk initiatives
China Minsheng Banking Corp. held its Ninth Board of Directors' Fifteenth Meeting on September 29, 2025, approving several key resolutions. The board approved a cash dividend of 3.17 yuan per share (tax inclusive) for its domestic preferred shares, "Minsheng You 1," totaling 634 million yuan. The dividend will be disbursed on October 20, 2025, following a record date of October 17, 2025.
In addition to the dividend, the board approved the first phase of the China Minsheng Bank Research and Development Service Base (Zhengzhou) project. The meeting also saw the approval of the Q3 2025 bad debt write-off, and several revisions to internal policies, including the "Information Technology Management Measures," "Credit Risk Internal Rating System Management Measures," "Credit Risk Default Recognition Management Measures," "Collateral Management Measures," "Market Risk Management Measures," and "Liquidity Emergency Management Measures."
Furthermore, the board approved the "Institutional Anti-Money Laundering Risk Self-Assessment Work Report." All resolutions received unanimous approval.
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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