Core Viewpoint - The proposal for a "third-quarter cash dividend" by shareholders of Qingnong Commercial Bank was not approved by the bank's board of directors, citing regulatory violations and a focus on long-term sustainable development [2][4]. Summary by Sections Shareholder Proposal - Shareholder Tongfayu proposed that Qingnong Commercial Bank implement a "third-quarter cash dividend" for the fiscal years 2025, 2026, and 2027, with a suggested payout ratio of no less than 30% of the net profit attributable to shareholders for each respective year [2][3]. - The proposal was backed by the assertion that the bank's business scale, profitability, and capital strength have improved, allowing for such dividends while meeting regulatory capital adequacy requirements [3]. Board's Decision - The board of directors decided not to submit the proposal for shareholder meeting consideration, stating that it violated regulations regarding mid-term dividends and the authority of the board [4]. - The board emphasized its responsibility to balance short-term shareholder interests with long-term sustainable growth, considering various factors such as external environment, development stage, operational performance, and regulatory policies when formulating profit distribution plans [4]. Dividend History - Since its listing in 2019, Qingnong Commercial Bank has implemented six cash dividends totaling approximately 4.278 billion yuan, with an average dividend payout ratio of about 21.19% [5]. - The dividend ratio for the fiscal year 2024 is set at 23.34%, amounting to a total of 667 million yuan [5]. Mergers and Acquisitions - Qingnong Commercial Bank's board recently approved the absorption and merger of three village banks, converting them into branch institutions to enhance financial service capabilities in regional economic development [6][7]. - The three village banks involved have total assets of approximately 3.798 billion yuan, 835 million yuan, and 799 million yuan, respectively [7]. Industry Context - The trend of merging smaller banks is seen as a way to enhance scale efficiency, optimize branch settings, reduce redundant infrastructure costs, and improve sustainable development and risk mitigation capabilities [8].

健全的公司治理是金融业防范化解重大风险、实现长期稳健发展的重要基础和保障。根据银保监会 此前出台的《健全银行业保险业公司治理三年行动方案（2020-2022年）》，2022年是最后一年。有哪 些工作计划和安排？三年公司治理，成效如何？各方都拭目以待。 据银保监会有关部门负责人介绍，2021年以来，银保监会积极推进公司治理制度建设，切实做好公 司治理评估以及股权和关联交易整治，不断深化行业公司治理改革，取得了初步成效。 在股东股权和关联交易领域，推动监管的"强光"照进"灰色地带"。相关监管制度得到进一步完善， 违规行为在一定程度上得到遏制，如：出台银行保险机构大股东行为监管办法和关联交易管理办法，从 严规范约束大股东行为，督促股东依法行使权力、严格履行义务，强化银行保险机构关联交易管理主体 责任，丰富禁止性规定和监管措施，重点防范大股东不当干预和利益输送风险。 目前，银行业保险业公司治理监管的制度体系日趋完善。2021年以来，银行保险机构公司治理准 则、银行保险机构董事监事履职评价办法、银行保险机构绩效薪酬追索扣回机制的指导意见等相继出 台，从纲领性制度到推动董事监事履职、发挥薪酬导向作用的实际操作规程等相关规 ...