The board of directors of Beijing Capital Land Ltd. announced that, due to other business commitment, Mr. Zhang Shengli ("Mr. Zhang") will resign as an executive Director at the forthcoming EGM. Mr. Zhang confirmed that he has no disagreement with the Board and the company and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders. The Board further announced that Ms. Sun Baojie ("Ms. Sun") has been nominated as a candidate for election at the EGM as a non-executive Director of the company subject to the approval by the shareholders. The proposed term of service shall commence from the date of the forthcoming EGM to the expiry of the fifth session of the Board being 4 December 2017. Ms. Sun Baojie, aged 45. Ms. Sun joined the Capital Group in June 1993 and had been serving as the department manager of Beijing Capital Sunshine Real Estate Development Co. Ltd. and the general manager of its subsidiaries from June 1993 to 2001, the general manager of the subsidiaries of the company from August 2002 to December 2005, the vice president of the company from January 2006 to October 2013, and the general manager of Beijing Capital Investment Limited from October 2013 to present.