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INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED

(1398)
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Delayed Hong Kong Stock Exchange  -  03:08 2022-12-01 am EST
3.910 HKD    0.00%
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Industrial & Commercial Bank of China Ltd. Announces Resignation of Huang Liangbo as Chairman of the Board of Supervisors

09/28/2022 | 06:21am EST

Mr. Huang Liangbo, chairman of the board of supervisors of Industrial and Commercial Bank of China Limited has resigned as supervisor and chairman of the board of supervisors of the Bank due to change in job assignment by tendering his resignation to the board of supervisors of the Bank on 28 September 2022. According to relevant regulations, the resignation of Mr. Huang Liangbo takes effect when it is tendered to the board of supervisors of the Bank. During his tenure as supervisor and chairman of the board of supervisors of the Bank, Mr. Huang Liangbo has performed his duties diligently and conscientiously and has been keen to make progress.

He has led the board of supervisors of the Bank in seriously implementing economic and financial policies and regulatory requirements of the State, firmly and effectively performed supervisory duties and has achieved remarkable results in areas including promoting the improvement of corporate governance and amending the Articles of Association of the Bank, enhancing the board of supervisors' operation mechanism, innovating supervision methods, promoting the implementation of main strategies, strengthening strategy and risk monitoring, serving the development of the real economy, promoting rural revitalization, enhancing internal control, fostering corporate culture and the construction of employees' representatives conference, handling the pandemic prevention and control properly, protecting the interests of the company and shareholders, monitoring and carrying out reforms to promote the high-quality development of the Bank. The board of supervisors of the Bank would like to give high praise and pay heartfelt respect and sincere gratitude to Mr. Huang Liangbo for his outstanding contributions to the Bank during his tenure of service.


ę S&P Capital IQ 2022
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Analyst Recommendations on INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED
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Financials
Sales 2022 892 B 126 B 126 B
Net income 2022 362 B 51 060 M 51 060 M
Net Debt 2022 - - -
P/E ratio 2022 3,56x
Yield 2022 8,64%
Capitalization 1 467 B 207 B 207 B
Capi. / Sales 2022 1,65x
Capi. / Sales 2023 1,55x
Nbr of Employees 434 089
Free-Float 68,6%
Chart INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED
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Industrial and Commercial Bank of China Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 25
Last Close Price 3,55 CNY
Average target price 4,64 CNY
Spread / Average Target 30,7%
EPS Revisions
Managers and Directors
Lin Liao Vice Chairman & President
Wen Wu Zhang Senior Executive VP, GM-Finance & Accounting
Si Qing Chen Chairman
Xiang Jiang Wu GM-Internal Control & Compliance Department
Anthony Francis Neoh Independent Non-Executive Director
Sector and Competitors