Beijing Capital Jiaye Property Services Co., Limited announced the resignation of Mr. Xu Lude as a joint company secretary of the Company. The board of directors of the Company announced that Mr. Chen Shuang has been appointed as a joint company secretary of the company with effect from March 15, 2023. Mr. Chen will cooperate with Ms. Mok Ming Wai, another joint company secretary of the Company, to act as the joint company secretaries of the Company.

The biographical details of Mr. Chen are set out below: Mr. Chen has been appointed as the deputy general manager and secretary to the Board of the Company since August 2022. Prior to joining the Company, Mr. Chen held several positions in Beijing Urban Construction Investment & Development Co. Ltd. a controlling shareholder of the Company, including as the deputy manager and general manager of commercial real estate division of BUCID from August 2012 to March 2022, the manager assistant of BUCID from February 2017 to August 2022, the director of Beijing Juntai Real Estate Co.

Ltd. an associate of BUCID, from June 2017 to August 2022 and the director and general manager of Beijing Chengjian Xinghe Real Estate Development Co. Ltd. a subsidiary of BUCID, from November 2017 to March 2022. Mr. Chen graduated from Renmin University of China with a bachelor's degree in economics in July 1998, and graduated from Renmin University of China with a master's degree in business administration in July 2004.

Mr. Chen was awarded the qualification of senior economist by Beijing Advanced Professional and Technical Qualification Review Committee in October 2009. Ms. Mok has been appointed as a joint company secretary of the Company since October 2021. Mok is currently the Head of Listed Company Corporate Services of Tricor Services Limited.

Ms. Mok has over 25 years of experience in professional and internal company secretarial work. Ms. Mok was admitted as a fellow of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom in December 2011.