Beijing Properties (Holdings) Limited announced that Mr. Yu Luning has tendered his resignation as an executive director, the member of Remuneration Committee and the member of Nomination Committee of the Company with effect from 2 November 2023 due to his other business engagements which require more of his dedications and time commitment; and Mr. Song Lishui ("Mr. Song") has tendered his resignation as Independent Non-Executive Director, the member of Audit Committee, the member of Remuneration Committee and the member of Nomination Committee with effect from 2 November 2023 due to his other business engagements which require more of his dedications and time commitment.