China Bohai Bank Tightens Governance over Director Nomination and Remuneration

An announcement from China Bohai Bank Co., Ltd. Class H ( (HK:9668) ) is now available.

China Bohai Bank has updated the terms of reference for its Board-level Nomination and Remuneration Committee, refining the framework that governs the selection, tenure, and remuneration oversight of directors and senior management. The revised document, approved at multiple board meetings through December 2025, strengthens requirements on committee composition, including a minimum of five directors, a majority of independent directors, at least one-third financial professionals, and at least one member of a different gender, while capping independent directors’ cumulative service on the committee at six years. Members will be nominated by the board chairman and approved by the board, with automatic loss of committee qualification if a member ceases to be a director or no longer meets independence criteria, underscoring the bank’s effort to align with evolving corporate governance standards and enhance oversight of leadership appointments and pay.

More about China Bohai Bank Co., Ltd. Class H

China Bohai Bank Co., Ltd. is a commercial bank in China, operating under PRC banking and corporate governance regulations and listed on the Hong Kong Stock Exchange. It provides a range of banking products and services and is subject to regulatory frameworks such as the Company Law of the PRC, the Code of Corporate Governance of Banking and Insurance Institutions, and the Hong Kong Listing Rules, which shape its board structure and governance practices.

YTD Price Performance: 5.62%

Average Trading Volume: 4,071,526

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$16.7B

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