The Board of Directors of Beijing Capital Land Ltd. announced that, due to other business commitment, Mr. Zhang Shengli ("Mr. Zhang") will resign as executive Director in the forthcoming EGM. The Board also announced that, Mr. Li Songping ("Mr. Li") has been nominated as a candidate for election at the EGM as the non-executive Directors 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. Mr. Li Songping is currently a senior accountant. Mr. Li joined Capital Group in March 2006, and has served as deputy general manager and director, and held the position of general manager of Capital Group since November 2015.