Beijing Capital International Airport Company Limited Board announced that on 28 December 2020, the Company entered into the Traveler Services Resources Usage Agreement with CAVIP, pursuant to which the Company agreed to permit CAVIP to use certain areas and resources in the terminals of Beijing Capital Airport for the provision of various VIP travelers' services to the VIP travelers of Beijing Capital Airport for a term of three years commencing from 1 January 2021 to 31 December 2023.