Bank of China Holds Annual Shareholders' Meeting for 2025

Bank Of China Limited (HKG: 3988 / SHA: 601988) convened its annual general meeting for 2025 on June 26th, with proceedings held simultaneously in Beijing and Hong Kong.

Shareholders representing 83.21% of the total voting shares attended the meeting.

The session, chaired by the bank's Chairman, Ge Haijiao, saw the review and approval of nine key proposals.

These included the board of directors' work report, the financial settlement plan, the profit distribution plan, the fixed asset investment budget, arrangements for external donation limits, the appointment of external auditors, the election of directors, and the issuance quota for financial bonds.

Additionally, four reports were presented to the attendees.

Chairman Ge Haijiao expressed gratitude for the long-term concern and support of all shareholders.

Members of the board and senior management actively responded to questions from investors in both locations, providing on-site answers regarding topics such as the bank's globalisation strategy under China's 15th Five-Year Plan, operational tactics, consumer finance, technology finance, and dividend payments.

The outline of the national 15th Five-Year Plan, which prioritises "expanding high-standard opening up and creating a new situation of win-win cooperation," has been highlighted as providing clear direction for the bank's global expansion and presenting broad opportunities for the world to share in China's development dividends.

Throughout the 15th Five-Year Plan period, the bank will continue to unwaveringly position globalisation as the core and primary task of its group development strategy, firmly acting as a vanguard in serving high-standard opening up, and continuously enhancing its global layout capabilities and international competitiveness.

Concurrently, the bank aims to create value for shareholders through steady performance growth and to deliver dividend returns via consistent and stable cash distributions.

Since its listing in 2006, the bank has cumulatively distributed cash dividends exceeding 1 trillion yuan (including those already declared) to all shareholders, generating substantial returns.

Directors, members of the senior management team, and representatives from relevant departments attended the meeting.