The board of directors of Beijing Enterprises Holdings Limited announced that Mr. TAM Chun Fai will cease to be the Chief Financial Officer of the Company ("CFO") with effect from 1 July 2021. Mr. Tam will cease to be the CFO so that he can devote more time to serve the Board and focus on the work in corporate compliance and investor relations. Mr. Tam will remain as Executive Director and Company Secretary of the Company. The Board also announced that Mr. TUNG Woon Cheung Eric ("Mr. Tung"), the Company's Assistant President, has been re-designated as the CFO with effect from 1 July 2021.