The Board of Beijing Enterprises Urban Resources Group Limited announced that Mr. Orr Ka Yeung, Kevin retired as an independent non-executive Director immediately after the conclusion of the AGM as he needs to devote more time to his other work. Upon his retirement, Mr. Orr ceased to be a member of the Audit Committee and Nomination Committee of the Company. Mr. Orr has confirmed that he has no disagreement with the Board and that there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Orr for his valuable contributions to the Company during his tenure of office. The Board announces that Ms. Judith Yu was elected as a new Director at the AGM and has been appointed as an independent non-executive Director and a member of the Audit Committee and Nomination Committee of the Company. Ms. Judith Yu, aged 56.

Ms. Judith Yu is a Member of The 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) and currently a Standing Committee Member of The 14th Beijing Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC). She is also an Executive Vice President of HK Association for the Promotion of Peaceful Reunification of China since 2018 and a Vice President of Hong Kong Beijing Association since 2015. She is now a Chairman of Hong Kong Chamber of Commerce in China (HKCCC), which is based in Beijing, facilitating the economic and cultural exchange between Hong Kong and Mainland China.

As the CEO and Executive Director of HKI China Land Limited, Ms. Judith Yu plays an instrumental role in leading the corporation to excel in the industry sector of real estate development since 2005. Ms. Yu has a passion for youth development. With her extensive experience serving the community as a Director of Child Development Matching Fund (CDMF) and a Vice Chairman of Child Development Initiative Alliance (CDIA) as well as a Steering Committee Member of Child Development Fund (CDF), she is poised to extend her commitment to nurturing the youth generation as a respected Chairman of Quality Mentorship Network (QMN).

As a responsible citizen, Ms. Yu had actively engaged in various social service and charitable activities to serve Hong Kong. She is fully committed and dedicated to the well-being of the local community as a Chief Executive Vice President of Kowloon East Association Limited. Ms. Yu had been graduated from University of Warwick with a Bachelor Degree in Science in Management in 1989.