Shoukai shares approves asset disposal, guarantee at shareholder meeting

At its third interim shareholders' meeting in 2025, Beijing Capital Development (SSE:600376) approved the resolution to terminate the transfer of its 100% equity stake and related debt in Beijing Shoukai Ruiai Commercial Management Co., Ltd. Shareholders holding 1,495,652,793 shares voted in favor, representing 99.6938% of the voting power. The meeting also approved providing a guarantee for a loan taken out by Beijing Shoukai Renxin Real Estate Co., Ltd., with 1,484,260,234 shares voting in favor, representing 98.9344% of voting power. The meeting was attended by 222 shareholders and proxies, representing 58.1588% of the company's total voting shares. Beijing Dachen Law Firm provided legal attestation, confirming the validity of the meeting's procedures and resolutions.