Investor Relations
Investor Relations
According to the Articles of the Bank, the Shareholders' general meeting shall be the organ of power of the Bank. The Shareholders' general meeting shall exercise, including but not limited to, the following powers in accordance with the laws: to review and approve the rules of procedure for Shareholders' general meetings and the Board of the Bank; to elect and remove Directors, and to determine the remuneration of the relevant Directors; to review and approve the reports of the Board of Directors; to amend the Articles of the Bank; to resolve on the listing or other fund-raising arrangements of the Bank; to review and approve matters concerning changes of the use of funds raised by the Bank; to resolve on an increase or reduction in the share capital and the issuance of any class of shares, warrants and other similar securities of the Bank; to resolve on the purchases of the Bank's shares in accordance with the laws; to review and approve the equity incentive plans of the Bank; to resolve on matters such as merger, division, dissolution and, liquidation or alteration on the corporate form of the Bank; to resolve on the issuance of bonds of the Bank; to review and approve annual financial budget plans, profit distribution plans and loss recovery plans of the Bank; to examine and approve important guarantees beyond the business scope of the Bank stipulated in Article 75 of the Articles of the Bank; to examine and approve any major investment matters by the Bank beyond its business scope with the amount exceeding 20% of the latest audited net assets of the Bank; to examine and approve any purchase or disposal of major assets beyond the business scope of the Bank with the amount exceeding 20% of the latest audited net assets of the Bank (the purchases or disposal of the same or relevant assets in consecutive 12 months shall be calculated on a cumulative basis); to listen to the special reports of the Board on the overall situation of related party transactions; to decide on the engagement, dismissal or discontinuation of the appointment of the accounting firm responsible for the regular statutory auditing of the Bank's financial reports; to examine other matters which should be decided by the Shareholders' general meeting as stipulated by the laws, regulations and the Articles of the Bank.
The Shareholders' general meeting may authorize the Board to resolve the issuance of corporate bonds.
The Board of Directors, other institutions or individuals shall not be delegated to exercise other functions and powers of the Shareholders' general meeting stipulated in the Company Law and the Code of Corporate Governance of Banking and Insurance Institutions.
For the the procedures for shareholders to propose a person for election as a Director, please refer to Article 102 of the Articles of the Bank.
