Zheng Quan Zhi Xing·2025-08-29 18:22Core Viewpoint - The board of directors of Industrial and Commercial Bank of China (ICBC) has proposed the nomination of several candidates for independent director and executive director positions, ensuring compliance with relevant laws and regulations [1][2][3][5][7][8]. Group 1: Nomination of Independent Directors - The board has nominated Mr. Chen De Lin as an independent director candidate, with unanimous support from the board members present [1][2]. - Mr. Chen's term as an independent director is set to expire in September 2025, and he is eligible for re-election [2]. - The nomination of Mr. Li Jin Hong as an independent director candidate was also approved unanimously by the board [3][4]. - Both candidates will require approval from the shareholders' meeting to finalize their appointments [2][3][4]. Group 2: Nomination of Executive Director - Mr. Duan Hong Tao has been nominated as an executive director candidate, with unanimous support from the board [5][6]. - His appointment is also subject to approval by the shareholders' meeting and subsequent regulatory approval [5][6]. Group 3: Adjustments in Board Committees - The board has made adjustments to the leadership of certain specialized committees to ensure proper functioning [6]. - The adjustments include changes in committee chairs and members, with specific votes recorded for each change [6]. Group 4: Appointment of Key Management - Mr. Yao Ming De has been appointed as the Chief Financial Officer (CFO) of ICBC, with unanimous board approval [7][8]. - Mr. Tian Feng Lin has been appointed as the board secretary, also requiring regulatory approval for his position [8][9]. Group 5: Financial Reports and Dividend Distribution - The board approved the renewal of liability insurance for directors, supervisors, and senior management for the 2025-2026 period [9]. - The board also approved the 2025 semi-annual report and the capital management disclosure report [9]. - A mid-year profit distribution plan was unanimously approved, with specific details on dividend payouts for both domestic and foreign preferred shares [10].