The board of directors (the "Board") of Beijing Enterprises Environment Group Limited announced that with immediate effect, Mr. KE Jian ("Mr. Ke"), due to segregation of duties, has resigned as the Chief Executive Officer of the Company and will remain as an Executive Director of the Company and the Chairman of the Board. Mr. Ke and the Board have confirmed that they have no disagreement, and there is no other matter in relation to the resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Board further announces that with immediate effect, Mr. CHEN Xinguo ("Mr. Chen"), is appointed as the Chief Executive Officer of the Company. Prior to joining the Company, Mr. Chen was an officer and a Deputy Commissioner of Beijing Planning Committee and Beijing Development and Planning Committee from 1994 to 2003. From 2003 to 2021, Mr. Chen was an assistant manager of the investment department of Beijing Holdings Limited; a manager of the strategic development department of Beijing Enterprises Group Company Limited; a Deputy General Manager of Beijing Gas Group Company Limited and Beijing Beiran Enterprise Company Limited; an Executive Director (2013 to 2015) and a Vice President of China Gas Holdings Limited. Mr. Chen has been appointed as a Vice President of Beijing Enterprises Holdings Limited since July 2021. Mr. Chen has substantial experience in business management and development.