Core Viewpoint - The board of directors of China Construction Bank convened a meeting on August 29, 2025, to discuss and approve several key proposals related to capital management, issuance of capital instruments, and financial reports for the first half of 2025 [1][2][4][6]. Group 1: Capital Management and Issuance - The board approved the "2025 Semi-Annual Capital Management Third Pillar Information Disclosure Report" with unanimous support [1]. - A proposal was passed to issue capital instruments and total loss-absorbing capacity non-capital debt instruments, with a total issuance amount not exceeding 700 billion RMB, including 450 billion RMB for capital instruments and 250 billion RMB for non-capital debt instruments [2][3]. - The types of instruments include write-down perpetual bonds and qualified secondary capital instruments, which comply with relevant regulations for commercial banks [2][3]. Group 2: Financial Reports and Profit Distribution - The board approved the "2025 Semi-Annual Report on the Storage, Management, and Actual Use of Raised Funds," which will be published on the Shanghai Stock Exchange website [4]. - The mid-year profit distribution plan includes a cash dividend of 48.605 billion RMB, with a distribution ratio of 30% [7]. - The financial report and related financial information for the first half of 2025 were audited and approved by the board's audit committee [6][7]. Group 3: Management and Compliance - The board approved the appointment of Mr. Bi Yinggen as the co-secretary of the company, effective immediately [4][5]. - Several management and compliance reports were approved, including the "2025 Comprehensive Risk Management Report" and the "2025 Compliance Management Measures" [6][8]. - The board also discussed the consumer rights protection work conducted in the first half of 2025 and plans for the second half of the year [8].