The board of directors of Beijing Enterprises Urban Resources Group Limited announced that Mr. Fung Che Wai, Anthony has tendered his resignation due to personal reason as Company Secretary of the Company and will cease to be an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 30 December 2022. The Board further announced that Mr. Zhang Xiangyu has been appointed as the Company Secretary and Authorized Representative of the Company respectively with effect from 30 December 2022. Mr. Zhang, aged 32, is an associate member of both The Hong Kong Chartered Governance Institute (formerly "The Hong Kong Institute of Chartered Secretaries") and The Chartered Governance Institute (formerly "The Institute of Chartered Secretaries and Administrators").

Mr. Zhang holds a master degree in Science from the City University of Hong Kong, a master degree in Arts from the Chinese University of Hong Kong and a bachelor degree in Arts from Beijing International Studies University. Mr. Zhang has extensive experience in company secretarial practice and meets the requirements under Rules 3.28 and 8.17 of the Listing Rules in respect of a company secretary.