Summary by Moomoo AI
The Agricultural Bank of China (ABC) will hold its 2023 Annual General Meeting on May 21, 2024 in Beijing to discuss the 2023 financial resolution, profit allocation plan, appointment of external auditors for 2024, fixed asset investment budget arrangements, election of independent non-executive directors, etc. In addition, the total loss absorbing capacity non-equity bond issuance quota and the arrangements for the distribution of interim profits for 2024 will be discussed. Details of the Notice of the General Meeting are set out in the Circular, accompanied by a proxy form and a return note. H Shareholders should submit the Proxy Form by 2.45pm on 20 May 2024 and may elect to attend the General Meeting in person or appoint agents to participate in the General Meeting. The general meeting will be conducted in combination with live voting and online voting. The Proposed Profit Distribution Plan for 2023 will distribute a cash dividend to ordinary shareholders and determine the list of shareholders on June 6, 2024, with a cash dividend of H Shares expected to be paid by June 28.