China Agricultural Bank Limited held a board of directors meeting in Beijing on August 30, 2024. The meeting was presided over by Chairman Gu Shu and approved multiple agendas, including the 2024 semi-annual report and summary, the third pillar letter, and comprehensive risk management report. At the meeting, Mr. Zhang Qi was nominated as a candidate for independent director and will be submitted for review by the Shanghai Stock Exchange before being deliberated at the shareholders' meeting. In addition, the meeting decided to adjust the chairmen and members of the board's special committees and elect new committee members. At the same time, the meeting also approved the budget arrangement for external donations and the midterm profit distribution plan for 2024, both of...Show More

China Agricultural Bank Limited held a board of directors meeting in Beijing on August 30, 2024. The meeting was presided over by Chairman Gu Shu and approved multiple agendas, including the 2024 semi-annual report and summary, the third pillar letter, and comprehensive risk management report. At the meeting, Mr. Zhang Qi was nominated as a candidate for independent director and will be submitted for review by the Shanghai Stock Exchange before being deliberated at the shareholders' meeting. In addition, the meeting decided to adjust the chairmen and members of the board's special committees and elect new committee members. At the same time, the meeting also approved the budget arrangement for external donations and the midterm profit distribution plan for 2024, both of which will be submitted for deliberation at the shareholders' meeting. Furthermore, the meeting determined to distribute cash dividends for the 2023-2024 fiscal year to preferred shareholders on November 5, 2024, with a cash dividend of RMB 5.32 per preferred share. Finally, Mr. Liu Shouying resigned from his position as an independent director and a member of the board's special committee due to work reasons.