Beijing Capital Development reports September sales, elects new director

Beijing Capital Development Co., Ltd. reported total contracted sales of 91,500 square meters and CNY 853 million for September 2025. This included CNY 527 million from company and controlled subsidiary projects (60,100 square meters) and CNY 326 million from cooperative projects (31,400 square meters). For the first nine months of 2025, total contracted sales reached 943,800 square meters, amounting to CNY 14.005 billion. The company has not acquired any new land reserves since its August 2025 sales brief.

The company also held its Sixth Extraordinary Shareholder Meeting on October 15, 2025, in Beijing. A total of 1,300 shareholders and proxies attended, representing 1,496,932,742 voting shares, or 58.0304% of total voting shares.

During the meeting, Wang Hongwei was elected as a director, securing 1,408,240,057 votes, representing 94.0750% of effective voting shares. The meeting, presided over by chairman Li Yan, confirmed that its procedures complied with relevant laws and regulations.