Summary by Futu AI
The Bank of China held its 2023 shareholder's annual meeting on June 28, 2024, with the meeting being held simultaneously in Hong Kong and Peking. The meeting passed various proposals, including the board of directors' work report, the supervisory board's work report, the financial settlement plan, the profit distribution plan, the mid-term profit distribution arrangements, the fixed asset investment budget, hiring accounting firms to provide professional services, re-electing Mr. Liu Jin and Mr. Lin Jingzhen as executive directors, the external supervisor's salary distribution plan, and the bond issuance plan. All proposals were passed by a high percentage of the attending shareholders. In addition, the meeting confirmed that the year-end dividend for ordinary shares in 2023 will be 2.364 yuan per 10 shares and will be paid to A-share shareholders on July 17, 2024, while H-share shareholders will receive their dividends on August 5 of the same year. The legality of the meeting was witnessed by the law firm of King & Wood Mallesons in Peking and confirmed by issuing a legal opinion.