Summary by Futu AI
China Construction Bank will hold its second interim shareholders' meeting of 2024 in Beijing on November 28, 2024, to deliberate on various proposals including the mid-term profit distribution plan, additional budget for charitable donations, matters related to directors and senior management's liability insurance, and the liquidation plan for directors and supervisors' compensation distribution. The bank proposes to distribute a cash dividend of RMB 0.197 per share for the mid-year of 2024, amounting to a total of RMB 49.252 billion. Additionally, it suggests allocating a new budget of RMB 36.7 million for charitable donations in 2024 to support rural revitalization and other social responsibility projects. The shareholders' meeting will adopt a named ballot voting system and suspend the transfer of H Shares from November 25 to 28, 2024, to confirm the list of shareholders eligible to attend the meeting. H shareholders who wish to appoint proxies to attend must submit the relevant forms before November 27, 2024.
