Beijing Capital Land : SALES PERFORMANCE FOR THE TWO MONTHS ENDED 28 FEBRUARY 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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

(Stock Code: 2868)

SALES PERFORMANCE FOR THE TWO MONTHS ENDED 28 FEBRUARY 2021

Beijing Capital Land Ltd. (the "Company", together with its subsidiaries, the "Group") wishes to provide to its shareholders the attached newsletter on property sales performance which contains certain operating data of the Group for the two months ended 28 February 2021 (the "Sales Performance"). The Sales Performance is also available on the website of the Company (www.bjcapitalland.com.cn). The Sales Performance has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditor, and as such the data is for investors' reference only. The Sales Performance is not an offer or solicitation for the purchase or sale of any securities or financial instruments or to provide any investment service or investment advice.

By Order of the Board

Beijing Capital Land Ltd.

Lee Sze Wai Company Secretary

Hong Kong, 5 March 2021

The Board as of the date of this announcement comprises Mr. Li Songping (Chairman) who is the non-executive Director, Mr. Zhong Beichen (President), Mr. Huang Ziquan, Mr. Hu Weimin and Mr. Fan Shubin who are the executive Directors, Ms. Sun Baojie who is the non-executive Director, Mr. Li Wang, Mr. Wong Yik Chung, John and Mr. Liu Xin who are the independent non-executive Directors.

Share Price…. ………… .……..…..HK$1.29 52-week range .………HK$1.26 - HK$2.23 P/E (Trailing)… ...................... … 4.37 times Market Capitalization……… .... HK$5.628bn

*Source: Bloomberg, as of 5/3/2021

Beijing Capital Land Ltd. ("BCL", stock code: 2868.HK) is one of the leading integrated property developers in China. Aspiring to be "the Most Valuable Comprehensive Property Developer" in China, the Company focuses on the following core business lines: Residential Property, Integrated Outlets, Urban Core Complex and Primary Land Development. It also actively pushes forward its expansion into innovative businesses including cultural and creative industrial property development, high-tech industrial property development, and rental housing business. The Company differentiates itself from its peers through its fully integrated operations and the seamless coordination among all business lines, which helps to increase competitiveness. The Company focuses on three metropolitan areas of Beijing-Tianjin-Hebei, Yangtze River Delta and Guangdong-Hong Kong-Macau Greater Bay Area and key tier-2 potential cities. The Company is committed to its strategy of "high-quality development" and focuses on products for homeowners looking to upgrade as well as high turnover projects for rigid demand. Beijing Capital Group, a large state-owned enterprise in Beijing and under the direct supervision of the Beijing State-owned Assets Supervision and Administration Commission, is the parent company of BCL.

Contact Us

Investor Relations Tel: +852 2869 3288 +8610 6192 8710

Email:ir@bjcapitalland.com.cn

Christensen China Limited

Tel: +852 2117 0861 Fax: +852 2117 0869

Email:bjcapitalland@christensenir.com

Sales Performance for February 2021

In February 2021, BCL achieved a total contracted sales area of approximately 217,000 sq.m., while the corresponding contracted sales amounted to approximately RMB4.86 billion. As at the end of February 2021, BCL's cumulative contracted sales area was approximately 404,000 sq.m., and the cumulative contracted sales amounted to approximately RMB9.07 billion, with contracted average selling price of approximately RMB22,000/sq.m.. As at the end of February 2021, cumulative subscription sales awaiting signing of official sales contracts amounted to approximately RMB2.25 billion.

Annex: Sales Breakdown for February 2021

Contracted Sales Area ('000 sq.m.)Contracted Sales

Amount (RMB million)Beijing, Tianjin and Shanghai

86

3,150

131

1,710

Other Regions

217

4,860

Total

Jan-Feb 2020

Jan-Feb 2021

Contracted Sales Area ('000 sq.m.)

Contracted Sales Amount (RMB million)Core Projects

167

2,950

Non-core Projects

50

1,910

Total

217

4,860

Contracted Sales Area ('000 sq.m.)

Contracted Sales Amount (RMB 10 million)

Due to uncertainties incurred in the calculation of the sales figures, discrepancies may exist between the information disclosed above and the periodic reports. Therefore, investors are advised to treat the information disclosed in this letter as periodic references only.