The board of directors Beijing Enterprises Urban Resources Group Limited announced that Mr. Li Haifeng, the executive director of the Company, has been appointed as a member of the remuneration committee of the Board (the "Remuneration Committee"), while Mr. Zhao Kexi, the Chief Executive Officer and executive director ("Mr. Zhao"), will cease to be a member of the Remuneration Committee, with effect from 5 June 2024. The members of the Remuneration Committee after the change include Mr. Li Haifeng, Mr. Wu Tak Kong and Dr. Du Huanzheng (Chairman).