Beijing Capital Land Ltd. announced that Mr. Li Songping has been appointed as the Chairman of the Board, until the expiration of the term of the current session of the Board; and Mr. Deng Wenbin has been appointed as the Chairman of the Supervisory Committee, until the expiration of the term of the current session of the Supervisory Committee (that is 26 April 2021). Mr. Tang Jun has ceased to be the President of the Company, and Mr. Zhong Beichen has been appointed as the President of the Company, until the expiration of the term of the current session of the Board (that is 26 April 2021). The following Directors have been appointed as the members of each Board Committee of the Company, until the expiration of the term of the current session of the Board (that is 26 April 2021): Audit Committee: Mr. Wong Yik Chong, John (Chairman), Mr. Li Wang and Mr. Liu Xin; Nomination Committee: Mr. Liu Xin (Chairman), Mr. Li Songping and Mr. Wong Yik Chong, John; Remuneration Committee: Mr. Liu Xin (Chairman), Mr. Li Songping and Mr. Wong Yik Chong, John; Strategic Committee: Mr. Li Songping (Chairman), Mr. Zhong Beichen and Mr. Liu Xin.

Mr. Zhong Beichen has been appointed as the Authorised Representative of the Company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Authorised Representative"), and the Company Secretary, Mr. Lee Sze Wai, will continue to serve as another authorised representative.