Beijing Properties : NOTICE OF SPECIAL GENERAL MEETING

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BEIJING PROPERTIES (HOLDINGS) LIMITED

北 京 建 設（ 控 股 ）有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 925)

NOTICE OF SPECIAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that an special general meeting ("SGM") of Beijing Properties (Holdings) Limited (the "Company") will be held at 11:00 a.m. on 5 October 2020, Monday at 66/F., Central Plaza, 18 Harbour Road, Wanchai, Hong Kong for the purpose of considering and, if thought fit, passing, with or without modifications, the following resolution as ordinary resolution:

ORDINARY RESOLUTION

"THAT:

1. the fixed asset syndicated loan agreement 固定資產銀團貸款合同(the "Agreement") dated 26 August 2020 entered into by and among: (1) Jiangsu Sunan Zhicheng

Technology Development Co., Ltd.*（江蘇蘇南智城科技發展有限公司）as borrower,

1. Changzhou Xiaoyingqian Branch of Industrial and Commercial Bank of China*（中 國工商銀行股份有限公司常州小營前支行）as lead bank, (3)(i) Beijing Enterprises Group Finance Co., Ltd.*（北京控股集團財務有限公司）, (ii) Changzhou Branch of Bank of Communications Co., Ltd*（交通銀行股份有限公司常州分行）; and (iii)

Changzhou Xiaoyingqian Branch of Industrial and Commercial Bank of China*（中國 工商銀行股份有限公司常州小營前支行）as lenders, and (4) Changzhou Xiaoyingqian Branch of Industrial and Commercial Bank of China*（中國工商銀行股份有限公 司常州小營前支行）as agent bank in relation to RMB1,300,000,000 on the project

• for identification purpose only

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relating to development of industrial properties in Changzhou City, Jiangsu Province, the People's Republic of China (details of the Agreement are set out in the Company's circular dated 16 September 2020 (the "Circular"), copies of the Agreement and the Circular have been tabled at the meeting marked "A" and "B" respectively and signed by the Chairman of the meeting for the purpose of identification), and the transactions contemplated thereunder (including without limitation the Guarantee Agreement and the Pledge Agreement (as defined and more particularly described in the Circular)) be and are hereby approved, confirmed and ratified; and

1. the directors of the Company, acting together, individually or by committee, be and are hereby authorised to take such actions, do all such acts and things and execute all such further documents or deeds as they may consider necessary, appropriate, desirable or expedient for implementation of or giving effect to the Agreement and any of the transactions contemplated thereunder."

By Order of the Board

Beijing Properties (Holdings) Limited

Cheng Ching Fu

Company Secretary

Hong Kong, 16 September 2020

Registered Office:

Clarendon House

2 Church Street

Hamilton HM 11

Bermuda

Head office and principal place of business in Hong Kong 66th Floor

Central Plaza

18 Harbour Road

Wanchai, Hong Kong

Notes:

1. A member entitled to attend and vote at the SGM is entitled to appoint one or more proxy to attend and vote on his behalf. A proxy need not be a member of the Company. If more than one proxy is so appointed, the appointment shall specify the number and class of share in respect of which each such proxy is so appointed.

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1. To be valid, a form of proxy and the power of attorney or other authority, if any, under which it is signed, or a notarially certified copy of such power of attorney or authority, must be lodged with the Company's branch share registrar and transfer office in Hong Kong, Tricor Tengis Limited at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong not less than 48 hours before the time appointed for holding the SGM.
2. Delivery of an instrument appointing a proxy shall not preclude a member from attending and voting in person at the SGM convened.
3. A form of proxy for use at the SGM is enclosed.
4. The voting on the above resolution at the SGM will be conducted by way of a poll.

PRECAUTIONARY MEASURES FOR THE SPECIAL GENERAL MEETING

To safeguard the health and safety of shareholders of the Company and to prevent the spreading of the novel coronavirus disease (COVID-19) pandemic, the following precautionary measures will be implemented at the special general meeting:

1. Compulsory body temperature screening/checks
2. Compulsory wearing of surgical face mask
3. No provision of food or beverages and no distribution of gifts

For the health and safety of shareholders of the Company, the Company would strongly encourage shareholders of the Company to exercise their right to vote at the special general meeting by appointing the chairman of the special general meeting as their proxy and to return their forms of proxy by the time specified above, instead of attending the special general meeting in person.

As at the date of this notice, Mr. Qian Xu, Mr. Zhao Jiansuo, Mr. Siu Kin Wai, Mr. Zhang Xudong, Mr. Dong Qilin, Mr. Li Changfeng, Mr. Cheng Ching Fu, Mr. Yu Luning and Mr. Ng Kin Nam are the executive Directors; and Mr. Goh Gen Cheung, Mr. Zhu Wuxiang, Mr. James Chan, Mr. Song Lishui and Mr. Xie Ming are the independent non-executive Directors.

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