Beijing Properties Limited Reports Earnings Results for the Full Year Ended December 31, 2023

Beijing Properties (Holdings) Ltd is a investment holding company principally engaged in the frozen food trading business. The Company operates through five segments. The Trading Business segment is engaged in the trading of frozen products. The Logistics Business segment is engaged in the leasing of general warehouses, cold chain logistics warehouses and specialized wholesale market as well as provision of related logistics and management services. The Industrial Business segment is engaged in the leasing of industrial plants and provision of related management services. The segment is also engaged in the sale of properties. The Property Business segment is engaged in the leasing of commercial properties, health care properties and the provision of related management services. The Primary Land Development business is engaged in the sale of land held for development or sale and the provision of primary land development services.