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Agricultural Bank of China Board Backs 2024 Pay Proposals and Updates Audit Committee Mandate

Story Highlights
  • The board approved 2024 remuneration plans for directors and senior management, with independent directors confirming regulatory and shareholder protection compliance.
  • Directors also unanimously adopted revised Terms of Reference for the Audit Committee, strengthening the bank’s governance and oversight framework.
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Agricultural Bank of China Board Backs 2024 Pay Proposals and Updates Audit Committee Mandate

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Agricultural Bank of China ( (HK:1288) ) has shared an update.

Agricultural Bank of China Limited’s board of directors convened in Beijing on 26 December 2025 and approved key resolutions related to remuneration and board governance. The board endorsed the proposed 2024 remuneration packages for directors and senior management, with relevant executives abstaining from voting due to conflicts of interest and independent non-executive directors confirming that the plans comply with applicable laws, regulations and the bank’s Articles of Association and do not harm shareholder interests; the directors’ remuneration proposal will still require approval at a shareholders’ meeting. The board also unanimously approved a revised version of the Terms of Reference for its Audit Committee, signalling continued refinement of its governance framework and oversight structures in line with regulatory and market expectations.

The most recent analyst rating on (HK:1288) stock is a Buy with a HK$6.50 price target. To see the full list of analyst forecasts on Agricultural Bank of China stock, see the HK:1288 Stock Forecast page.

More about Agricultural Bank of China

Agricultural Bank of China Limited is one of China’s major state-owned commercial banks, providing a broad range of banking and financial services to retail, corporate and institutional clients. Listed in Hong Kong, it plays a key role in serving China’s agricultural sector and broader economy, with a significant presence in both domestic and international capital markets.

YTD Price Performance: 36.70%

Average Trading Volume: 138,675,741

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$2830.9B

See more data about 1288 stock on TipRanks’ Stock Analysis page.

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