Beijing Jingkelong : VOTING RESULTS OF THE SECOND EXTRAORDINARY GENERAL MEETING OF 2021 HELD ON 26 MARCH 2021 AND CHANGE OF SUPERVISOR

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北京京客隆商業集團股份有限公司

BEIJING JINGKELONG COMPANY LIMITED*

(a joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 814)

VOTING RESULTS OF

THE SECONE EXTRAORDINARY GENERAL MEETING OF 2021

HELD ON 26 MARCH 2021

AND

CHANGE OF SUPERVISOR

The Board is pleased to announce that the EGM was held on 26 March 2021, and the proposed ordinary resolution and special resolution as set out in the Notice were duly passed by way of poll at the EGM.

The Board also announces that Ms. Fu Yanjun has resigned as a Supervisor with effect from the conclusion of the EGM. Further, Mr. Wang Deshan has been appointed as a Supervisor for the term from the conclusion of EGM to the conclusion of the 2021 Annual General Meeting.

Reference is made to the notice of the second extraordinary general meeting of 2021 (the "EGM") of Beijing Jingkelong Company Limited* (北京京客隆商業集團股份有限公司) (the "Company") dated 5 March 2021 (the "Notice") in relation to the proposals for (i) the election of a Supervisor, and (ii) the amendment to the Articles of Association. Unless defined otherwise, the terms used herein shall have the same meanings as those defined in the Notice.

The EGM was held on 26 March 2021 at the Conference Room, 4th Floor, Block No. 45, Xinyuan Street, Chaoyang District, Beijing, the People's Republic of China.

The Board is pleased to announce that the ordinary resolution and special resolution as set out in the Notice were duly passed by way of poll.

POLL RESULTS OF THE EGM

The poll results in respect of the ordinary resolution proposed at the EGM were as follow:

ORDINARY RESOLUTION

To consider and approve the appointment of Mr. Wang

Number of votes and	Total
approximate	number of
percentage of total	votes cast
number of votes cast	(including
abstained

For

Against votes, if any)

1.

Deshan as a supervisor of the Company for a term from the conclusion of the Extraordinary General Meeting to the conclusion of the 2021 Annual General Meeting.

227,367,002 96.66%

7,861,000 3.34%

235,228,002 100.00%

The poll results in respect of the special resolution proposed at the EGM were as follow:

Number of votes and

approximate

percentage of totalTotal number of votes cast

SPECIAL RESOLUTION number of votes castForAgainst

(including abstained votes, if any)

To consider and approve the amendment to the Articles of

2.

Association set out in the Notice.

227,367,002 96.66%

7,861,000 3.34%

235,228,002 100.00%

As more than 50% of the votes were cast in favour of the ordinary resolution set out above, and more than two-thirds of the votes were cast in favour of the special resolution set out above, the ordinary resolution and the special resolution proposed at the EGM were duly passed.

As at the date of the EGM, the Company had an aggregate of 412,220,000 shares (the "Shares") in issue, of which 182,160,000 Shares were H Shares and 230,060,000 Shares were Domestic Shares. The total number of Shares entitling the shareholders of the Company (the "Shareholders") to attend and vote for or against on the above-mentioned ordinary resolution and special resolution at the EGM was 412,220,000 Shares.

There was no Share entitling the Shareholder to attend but abstain from voting in favour on the above-mentioned ordinary resolution and special resolution at the EGM as set out in rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

No Shareholder was required under the Listing Rules to abstain from voting on the ordinary resolution or special resolution at the EGM. There were no restrictions on the Shareholders to cast votes on the ordinary resolution or special resolution at the EGM. None of the Shareholders had stated their intention in the Notice to vote against the above-mentioned ordinary resolution or special resolution or to abstain from voting at the EGM.

The Shareholders and authorised proxies of the Shareholders holding an aggregate of 235,228,002

Shares, representing approximately 57. 06% of the total number of Shares, were present at the EGM.

Computershare Hong Kong Investor Services Limited, the H Shares registrar of the Company, was appointed as the scrutineer at the EGM for the purpose of vote-taking, and was responsible for vote-taking.

CHANGE OF SUPERVISOR

The Board announces that Ms. Fu Yanjun ("Ms. Fu") has resigned as a Supervisor with effect from the conclusion of the EGM due to personal work reasons. Ms. Fu has confirmed that she has no disagreement with the supervisory committee and there is no matter relating to her resignation as a Supervisor that needs to be brought to the attention of the Shareholders or The Stock Exchange of Hong Kong Limited.

The Board further announces that, following the approval by Shareholders at the EGM, Mr. Wang Deshan ("Mr. Wang") has been appointed as a Supervisor for the term from the conclusion of the EGM to the conclusion of the 2021 Annual General Meeting. The biography of Mr. Wang Deshan is set out as follows:

Mr. Wang Deshan (王德山), aged 57, graduated and obtained a master's degree in law from China University of Political Science and Law* (中國政法大學), specializing in civil and commercial Law.

Since March 1994, Mr. Wang has served in the School of Law of Capital University of Economics and Business* (首都經濟貿易大學) as a professor and master supervisor, and teaches contract law, corporate law, commercial law and other courses for graduate and undergraduate students. Mr. Wang's main research fields are contract law and company law. He has written and edited more than 20 books such as "Contract Law", "Company Law", "Contract Validity Study" and "Company Law Training Course". Mr. Wang also serves as the vice president of Beijing Aging Law Research Association* (北 京市老齡法律研究會).

Mr. Wang has entered into a service contract with the Company. He is subject to retirement by rotation and re-election at the 2021 Annual General Meeting in accordance with the Articles of Association.

Pursuant to the service contract, Mr. Wang will receive a remuneration of RMB35,100 per year (before tax) as a Supervisor.

Save as disclosed above, Mr. Wang (i) does not hold any position with the Company or any of its subsidiaries; (ii) has not held any other directorship in any listed public companies on securities markets, whether in Hong Kong or overseas, in the last three years; (iii) does not have any other relationship with any director, senior management or substantial or controlling shareholder of the Company; (iv) does not hold any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); and (v) there is no other information which Mr. Wang is required to disclose pursuant to the requirements under rule 13.51(2)(h) to rule 13.51(2)(v) of the Listing Rules, and there are no other matters relating to his appointment that need to be brought to the attention of the Shareholders.

By Order of the Board

Beijing Jingkelong Company Limited

Li Bo

Company Secretary

Beijing, the People's Republic of China

26 March 2021

As at the date of this announcement, the executive directors of the Company are Mr. Li Jianwen, Mr. Zhang Liwei, Ms. Li Chunyan and Mr. Li Shenlin; the non-executive directors are Ms. Zhang Yan and Mr. Li Shunxiang; and the independent non-executive directors are Mr. Wang Liping, Mr. Chen Liping and Mr. Choi Onward.

* For identification purpose only