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Bank of Chongqing Announces Extraordinary General Meeting and Dividend Plan

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Bank of Chongqing Announces Extraordinary General Meeting and Dividend Plan

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Bank of Chongqing Co., Ltd. Class H ( (HK:1963) ) just unveiled an announcement.

Bank of Chongqing Co., Ltd. has announced the agenda for its first extraordinary general meeting of 2025, scheduled for November 28. Key resolutions include a profit pre-distribution plan for the first three quarters of 2025, amendments to the company’s articles of association and procedural rules, and the dissolution of the board of supervisors. The board has recommended a cash dividend of RMB 1.684 per 10 shares, totaling RMB 585,120,249.06, subject to approval. This meeting and the proposed resolutions could significantly impact the bank’s governance structure and shareholder returns.

More about Bank of Chongqing Co., Ltd. Class H

Bank of Chongqing Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. It primarily focuses on providing banking services and products, including loans, deposits, and other financial solutions, to customers in China.

Average Trading Volume: 2,319,038

Technical Sentiment Signal: Buy

Current Market Cap: HK$36.14B

See more insights into 1963 stock on TipRanks’ Stock Analysis page.

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