Beijing Capital Jiaye Property Services Co., Limited approved the resignation of Mr. Wang Wei as a Shareholder representative Supervisor of the Company and proposed appointment of Mr. Yang Nan as a Shareholder representative Supervisor of the Company. The Board hereby announces that the appointment of Mr. Yang Nan as a Shareholder representative Supervisor of the Company has been approved by the Shareholders at the AGM. According to the poll results of the AGM, from the date of this announcement, Mr. Yang Nan has formally served as a Shareholder representative Supervisor of the Company for a term of office until the expiry of the term of the first session of the Supervisory Committee.

On the same day, Mr. Wang Wei ceased to serve as a Shareholder representative Supervisor of the Company.