Summary by Futu AI
On June 28, 2024, China Industrial and Commercial Bank (the "Bank") held its 2023 Annual Shareholders' Meeting simultaneously in Beijing and Hong Kong via video conferencing. The meeting was chaired by Mr. Liao Lin, Chairman of the Board of Directors, attended by all 12 directors and 3 supervisors, and participated by 498 shareholders and their representatives with voting rights of approximately 299.6 billion shares, accounting for 84.0596% of the total voting rights. The meeting passed proposals including the 2023 financial statements, profit distribution program, 2024 midterm profit distribution plan, reappointment of accounting firms, etc. In addition, Mr. Liao Lin, Mr. Liu Jun, and Ms. Zhong Mantao were elected as executive directors and non-executive directors, respectively. The Bank will distribute a cash dividend of RMB 3.064 per 10 shares to A-share shareholders on July 16, 2024, while the H-share dividend is expected to be paid on August 19, 2024, at about HKD 0.335715 per share. The legitimacy of the shareholder meeting was witnessed by King & Wood Mallesons, Beijing.