The board of directors of Beijing Urban Construction Design & Development Group Co., Limited announced that due to change in work arrangement, Mr. Shi Yubin (Mr. Shi) has tendered his resignation from his position as a non-executive director of the company, chairman of the Board, chairman of the Nomination Committee and chairman of the Overseas Risk Control Committee under the Board on 5 December 2019, with effect from the date of approval for the new appointment of non-executive director at the shareholders' general meeting of the company. Mr. Shi confirmed that he had no disagreement with the Board. The Board also announced that due to retirement, Mr. Yuan Guoyue (Mr. Yuan) has tendered his resignation from his position as a supervisor and chairman of the board of supervisors (the Board of Supervisors) of the company on 5 December 2019, with effect from the date of approval of the new appointment of supervisor at the shareholders' general meeting of the company. Mr. Yuan confirmed that he had no disagreement with the Board and the Board of Supervisors of the company.