The Board of Directors of Beijing Capital Land Ltd. announced that, due to allocation of duty, Mr. Yang Weibin had resigned as non-executive Director in the forthcoming EGM. The Board also announced that, Mr. Li Xiaobin ("Mr. Li") has been nominated as a candidate for election at the EGM as an executive Director of the Company subject to the approval by the Shareholders. The proposed term of service will be for the period from the date of forthcoming EGM to the expiry of the fifth session of the Board being 4 December 2017.