Beijing Jingkelong Company Limited announced that, as Mr. Li Shenlin ("Mr. Li") is reaching the statutory retirement age, he has resigned as an executive Director of the Company with effect from the conclusion of the 2024 Extraordinary General Meeting. Mr. Li has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the Shareholders or The Stock Exchange of Hong Kong Limited. The Board would like to express its heartfelt gratitude to Mr. Li for his valuable contributions and services to the Company during his tenure as an executive Director.

The Board announced that, following the approval by the Shareholders at the 2024 Extraordinary General Meeting, Mr. Yang Wensheng ("Mr. Yang") has been appointed as an executive Director for the term from the conclusion of the 2024 Extraordinary General Meeting to the conclusion of the 2024 Annual General Meeting. The biography of Mr. Yang is set out as follows: Mr. Yang Wensheng, aged 45, is an assistant general manager of the Company. Mr. Yang obtained a bachelor's degree in Management from Henan University.

From September 2000 to July 2004, he served as an officer in the Planning Commission of Shangqiu City, Henan Province. From July 2004 to July 2006, he served as deputy director of the Economic Research Center in Development Planning Commission of Shangqiu City, Henan Province. From July 2006 to October 2010, he successively served as the deputy chief of the Transportation Division (from July 2006 to August 2010), and the chief of the National Economy Comprehensive Division (from August 2010 to October 2010) of the Development and Reform Commission of Shangqiu City of Henan Province* ().

From October 2010 to July 2013, he served as deputy county head of Wangjiang County, Anhui Province. From July 2013 to April 2018, he served as deputy director of the Financial Services Office of Wuqing District, Tianjin City* (); from July 2017 to April 2018, he also served as the deputy director of the State-owned Assets Supervision and Administration Commission of Wuqing District, Tianjin City* (); from August 2017 to April 2018, he also served as the deputy director of the Finance Bureau of Wuqing District, Tianjin City. From April 2018 to January 2022, he served as the deputy manager of Beijing Chaoyang District State-owned Capital Operation and Management Center.

From January 2022 to August 2023, he served as the deputy general manager of Beijing Chaoyang State-owned Capital Operation and Management Company Limited* (). Since September 2023, he has served as the assistant general manager of the Company.