Summary by Moomoo AI
The Construction Bank of China (CCB) will hold its first Extraordinary General Meeting of 2024 on April 29, 2024 in Beijing to consider the Group's Annual Financial Bond Issue Plan, Capital Instrument Plan Issuance Quota and Total Loss Absorption Non-Capital Bond Issue Quota. The Bank proposes to issue financial bonds in the domestic and foreign markets with a value of not more than RMB 3,860 billion, as well as capital instruments with a value of not more than RMB2,000 billion and total loss-absorbing capacity non-capital bonds worth not more than RMB 500 billion. These initiatives are aimed at broadening sources of funds, strengthening capital strength and supporting solid business development. Votes at the General Meeting will take place by name and shareholders may appoint agents to attend and vote. H Shareholders who wish to attend the General Meeting are required to submit the Form of Proxy by 28 April 2024. The Board of Directors issued a notice dated 9 April 2024 recommending that shareholders approve the relevant resolution.