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    1288   CNE100000Q43

AGRICULTURAL BANK OF CHINA LIMITED

(1288)
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Agricultural Bank of China : ANNOUNCEMENT ON THE APPROVAL OF PARTICIPATION IN INVESTING IN THE NATIONAL GREEN DEVELOPMENT FUND

04/30/2021 | 05:02am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

AGRICULTURAL BANK OF CHINA LIMITED

中 國 農 業 銀 行 股 份 有 限 公 司

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1288)

ANNOUNCEMENT ON THE APPROVAL OF

PARTICIPATION IN INVESTING

IN THE NATIONAL GREEN DEVELOPMENT FUND

Agricultural Bank of China Limited (the "Bank") published the Announcement on External Investment on 16 July 2020. The Bank has recently received the China Banking and Insurance Regulatory Commission's Approval in relation to Agricultural Bank of China's Participation in Investing in and Establishing the National Green Development Fund Co., Ltd. (Yin Bao Jian Fu [2021] No. 321), that the China Banking and Insurance Regulatory Commission has approved the Bank's participation in investing in the National Green Development Fund Co., Ltd. (the "National Green Development Fund"). The Bank will participate by investing RMB8 billion in the National Green Development Fund, which shall be paid by instalments.

The investment is an important way for the Bank to serve the construction of national ecological civilization and real economy, and will be beneficial to the Bank in accelerating the construction of a green bank, integrating the concept of green development into the Bank's development strategies, and continuously promoting the development of the green finance business.

By Order of the Board of Directors

Agricultural Bank of China Limited

HAN Guoqiang

Company Secretary

Beijing, the PRC

30 April 2021

As at the date of this announcement, the executive directors are Mr. GU Shu, Mr. ZHANG Qingsong and Mr. ZHANG Xuguang; the non-executive directors are Mr. ZHU Hailin, Mr. LIAO Luming, Mr. LI Qiyun, Mr. LI Wei, Mr. WU Jiangtao and Ms. ZHOU Ji; and the independent non-executive directors are Ms. XIAO Xing, Mr. WANG Xinxin, Mr. HUANG Zhenzhong, Ms. LEUNG KO May Yee, Margaret and Mr. LIU Shouying.

Disclaimer

Agricultural Bank of China Ltd. published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 09:01:02 UTC.


© Publicnow 2021
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P/E ratio 2021 3,64x
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