Beijing Enterprises : Resignation of Director

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(Incorporated in Hong Kong with limited liability)

(Stock Code: 392)

Resignation of Director

The board of directors (the "Board") of Beijing Enterprises Holdings Limited (the "Company") announces that due to retirement, Mr. E Meng has tendered his resignation as Executive Director and Executive Vice President of the Board of the Company with effect from 3 January 2020.

Mr. E and the Board have confirmed that he had no disagreement with the Board, and there is no other matter that needs to be brought to the attention of the holders of securities of the Company in respect of his resignation.

The Board takes this opportunity to express their appreciation for Mr. E's valuable contribution to the Company during his terms of office.

By Order of the Board

Beijing Enterprises Holdings Limited

Hou Zibo

Chairman and Chief Executive Officer

Hong Kong, 3 January 2020

As at the date of this announcement, the board of directors of the Company comprises Mr. Hou Zibo (Chairman and Chief Executive Officer), Mr. Li Yongcheng, Mr. Zhao Xiaodong, Mr. Jiang Xinhao and Mr. Tam Chun Fai as executive directors; Mr. Wu Jiesi, Mr. Lam Hoi Ham, Dr. Sze Chi Ching, Dr. Yu Sun Say and Mr. Ma She as independent non-executive directors.

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