Summary by Moomoo AI
The Bank of China held the second meeting of the Supervisory Board 2024 in Beijing on 29 April 2024, which approved several proposals including the first quarter report 2024. The quarterly report shows that the Bank of China's operating situation is real, accurate and complete. In addition, the Board approved the 2024 interim profit allocation arrangement and its supervisory review of internal controls, incident risk prevention, expected credit loss law management and data governance. All the motions passed by a full vote reflect the Board's high recognition of the current management and operation of the Bank of China.