The board of directors of Beijing Properties (Holdings) Limited announced that Mr. Zhang Xudong has tendered his resignation as an executive director and the member of sustainability committee of the Company with effect from 9 November 2023 due to his other commitment to the Company which require more of his dedications and time. However, he will continue to serve as Deputy General Manager of the Company; and Mr. Ren Lin has tendered his resignation as an executive director with effect from 9 November 2023 due to his other commitment to the Company which require more of his dedications and time. However, he will continue to serve as Deputy Secretary of the Party Committee of the company.