After several urban commercial banks mentioned mid-term dividends one after another, major state-owned banks made up their minds tonight. On the evening of April 29, China Construction Bank, Agricultural Bank, Industrial and Commercial Bank, and Bank of China also issued a board resolution announcing the review and approval of the 2024 mid-term profit distribution arrangements. The four major state-owned banks all stated that the total cash dividends for the 2024 fiscal year accounted for no more than 30% of the Group's current after-tax profits attributable to the Bank's shareholders. More importantly, all four major banks have made it clear that when formulating the 2024 profit distribution plan, they will take into account the medium-term cash dividends that have already been distributed. ICBC also made it clear that “the amount of interim profit distribution already distributed will be deducted when the 2024 profit distribution plan is subsequently formulated.”