Beijing Urban Construction Design & Development : PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

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Beijing Urban Construction Design & Development Group Co., Limited ̏ԯ۬ܔணࠇ೯࢝ණྠٰ΅Ϟࠢʮ̡

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1599)

PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

The board of directors (the "Board") of Beijing Urban Construction Design & Development Group Co., Limited (the "Company") hereby announces that, at the meeting of the Board held on 10 March 2021, the Board considered and approved, among other things, the resolution in relation to the proposed amendments to the articles of association of the Company.

In order to promote the diversified development of the Company and provide new economic growth points for the development of the Company, and taking into account the business development needs of the Company, it is proposed to amend the existing articles of association of the Company (the "Existing Articles of Association") in accordance with the Company Law of the People's Republic of China.

Details of the Amendments to the Existing Articles of Association of the Company are as follows:

EXPLANATION ON THE AMENDMENTS TO THE EXISTING ARTICLES OF

ASSOCIATION

Existing Articles	Amended Articles
Article 8 n The term "legal proceedings" referred to in the preceding paragraph includes any legal action brought before a court or arbitration application submitted to an arbitration institution. Other senior management members referred to in the preceding paragraph include the deputy general manager, chief engineer, chief economist and chief accountant and secretary to the board of directors.	Article 8 n The term "legal proceedings" referred to in the preceding paragraph includes any legal action brought before a court or arbitration application submitted to an arbitration institution. Other senior management members referred to in the preceding paragraph include the deputy general manager, chief engineer, chief economist and chief accountant, chief planner and secretary to the board of directors.
Article 14 The scope of business of the Company shall be based on the items approved by the examination and approval department subject to the examination and approval by the administration authority for industry and commerce.	Article 14 The scope of business of the Company shall be based on the items approved by the examination and approval department subject to the examination and approval by the administration authority for industry and commerce.
Existing Articles	Amended Articles
The Company's scope of business includes: Engineering survey; Engineering design; Engineering consulting; Engineering cost consulting; Internet information services; Foreign labour service cooperation; General contractor, specialist contractor, and labour subcontractor; Construction design review; Planning and management; Technology development and transfer; Investment Management; Sales of machinery and equipment; Property Management; Import and export of goods and technology; Agency for import and export; design, manufacture, agency and advertising; Educational consultation; Organization of technical exchange activities; Hosting exhibition and presentation activities; Conference services; Economic and trade consultation; Product design; R&D, design, repair, sales, leasing and technical services for railway rolling stock (including Electric Multiple Units), urban rail transit vehicles, engineering machinery, various types of electromechanical equipment, electronic equipment and parts, electronic appliances and environmental protection equipment products. (After obtaining such license, an administrative approval shall be obtained from the housing and urban-rural construction committee. Enterprise is allowed to choose the business to be engaged in and carry out such business activities pursuant to laws. For business items for which approvals are required under the laws, they can be carried out after obtaining approval from relevant authorities. No business activities which are prohibited and restricted by the industrial policies of the municipality shall be carried out.	The Company's scope of business includes: Engineering survey; Engineering design; Internet information services; Engineering consulting; Engineering cost consulting; Internet information services; Foreign labour service cooperation; General contractor, specialist contractor, and labour subcontractor; Construction design review; Planning and management; Technology development and technology transfer; Technology services; Investment Management; Sales of machinery and equipment; Property Management; Import and export of goods and technology; Agency for import and export; design, manufacture, agency and advertising; Educational consultation (excluding intermediaries and education institutions); Organization of technical exchange activities; Hosting exhibition and presentation activities; Conference services; Economic and trade consultation; Product design; R&D, design, repair, sales, leasing and technical services for Software development; Computing system services; Sales of railway rolling stock (including Electric Multiple Units), urban rail transit vehicles, engineering machinery, various types of electromechanical equipment, electronic products, electrical appliances, environmental protection equipment products; Leasing of machinery equipment. (After obtaining such license, an administrative approval shall be obtained from the housing and urban-rural construction committee. Enterprise is allowed to choose the business to be engaged in and carry out such business activities pursuant to laws. For business items for which approvals are required under the laws, they can be carried out after obtaining approval from relevant authorities. No business activities which are prohibited and restricted by the industrial policies of the municipality shall be carried out.); Urban rail transportation operation services; Fire engineering; Environmental protection engineering; Security engineering; Smart transportation engineering; Building intelligent engineering; Building decoration; Machinery construction and equipment installation; Fire technology services; Environmental protection consultation services; Water environment management; Engineering management; Project management; Urban integrated operation;

Existing Articles

Amended Articles

The Company may, pursuant to the demand of the domestic and international markets, its own development capabilities and business needs, change the scope of business in accordance with the laws.

Urban construction management; Urban renewal; Investment, construction and management of municipal public facilities (or transportation facilities, ecological environmental protection facilities, cultural tourism facilities); Civil defense engineering design and construction; Sales of computing, software and ancillary equipment, electrical equipment, communication devices, metal materials, and security technology products; Technology development of computing software; Computing application software services; Multi-media technology, computing technology development, transfer, consultation and services; Computing infrastructure software services; Database development; Cloud computing centre (with a PUE value below 1.4); Exploration and design of cultural heritage protection engineering; Design of museum display exhibition; For contracting of overseas projects that are compatible in terms of capability, scale and performance, dispatch of labour necessary for the implementation of the above-mentioned projects will be arranged; Contracting of bidding projects domestically and abroad. The Company may, pursuant to the demand of the domestic and international markets, its own development capabilities and business needs, change the scope of business in accordance with the laws.

The above proposed amendments are subject to consideration at the general meeting of the Company by way of special resolution. A circular containing details of the proposed amendments, together with a notice of the general meeting, will be despatched to the shareholders in due course. The amendments to the Existing Articles of Association will become effective from the date of passing the relevant resolution at the general meeting. Prior to the passing of the relevant resolution at the general meeting, the Existing Articles of Association shall remain valid. The above proposed amendments will be considered at the 2021 first extraordinary general meeting.

By order of the Board

Beijing Urban Construction Design & Development Group Co., Limited

Pei Hongwei

Chairman

Beijing, 10 March 2021

As at the date of this announcement, the executive directors of the Company are Wang Hanjun and Li Guoqing; the non-executive directors of the Company are Pei Hongwei, Tang Shuchang, Wu Donghui, Guan Jifa, Ren Yuhang, Su Bin, Wang Tao and Ren Chong; and the independent non-executive directors of the Company are Wang Guofeng, Ma Xufei, Sun Maozhu, Liang Qinghuai and Qin Guisheng.