Zheng Quan Zhi Xing·2025-08-05 16:20Core Viewpoint - CITIC Bank is proposing several resolutions for its upcoming shareholder meeting, including the election of a new non-executive director, changes to its registered capital, and amendments to its articles of association. Group 1: Election of Non-Executive Director - The board of CITIC Bank has nominated Mr. Wei Qiang as a candidate for the seventh board of directors as a non-executive director [1][2] - Mr. Wei Qiang has a background in human resources and has held various positions within CITIC Group, including general manager of the human resources department [1][2] Group 2: Changes to Registered Capital - CITIC Bank plans to increase its registered capital from RMB 48,934,796,573 to RMB 55,645,162,264 to align with the actual situation following the conversion of convertible bonds [7][8] - The increase in registered capital is due to the conversion of approximately 6,710,365,691 shares from convertible bonds that matured on March 3, 2025 [7][8] Group 3: Amendments to Articles of Association - The bank intends to revise its articles of association, shareholder meeting rules, and board meeting rules to reflect the changes in governance structure, including the removal of the supervisory board [6][10] - The proposed amendments will be submitted for approval at the shareholder meeting and will take effect upon regulatory approval [6][10] Group 4: Director Remuneration Policy - The remuneration policy for the seventh board of directors has been adjusted, stating that executive directors will not receive any director allowances, while non-executive directors will also not receive allowances [4][5] - Independent non-executive directors will receive a remuneration package that includes a basic salary and performance-related pay, with specific amounts outlined for committee roles [4][5]