Beijing Enterprises Urban Resources announces executive director change

Beijing Enterprises Urban Resources Group Limited announced changes to its executive directorate, effective December 18, 2025. Li Li has resigned from his position as an executive director to dedicate more time to other work within the Group. The board expressed its gratitude for his contributions.

Concurrently, Yu Liguo has been appointed as an executive director of the company, effective the same date. Yu, who holds a postgraduate degree in business administration and is a Certified Public Accountant of China, has a significant background with Beijing Enterprises Water Group Limited, the controlling shareholder of the company. His past roles include assistant to the president, general manager, chief investment officer, and vice president of Treasury Resources Centre. Since March 2017, he has served as senior vice president of BEWG.

Yu has entered into a three-year service agreement, subject to re-election, and will receive director's emoluments of HK$180,000 per annum. As of the announcement date, he beneficially holds 3,560,000 shares in the company, representing approximately 0.1% of the total issued share capital.