Beijing Capital Development advances shareholder returns, strengthens capital and governance

Beijing Capital Development Corporation (BCDC) reported robust sales, achieving a signed area of 1.0282 million square meters and a signed amount of 15.001 bn yuan from January to October 2025. This includes notable breakthroughs in selling commercial, office, and parking assets. The company successfully acquired a new land parcel in Beijing's Chaoyang District, reinforcing its Beijing strategy. Furthermore, BCDC secured 1.5 bn yuan in new liquidity support from its controlling shareholder, Shoukai Group, and an additional 3 bn yuan in perpetual bonds, significantly improving its capital structure and reducing its asset-liability ratio.

In governance, BCDC revised its Articles of Association and rules of procedure for shareholder and board meetings. The company abolished the supervisory board and established an audit committee-centric oversight mechanism, enhancing financial oversight, compliance review, and risk management. These changes aim to bolster corporate governance and drive high-quality development.

BCDC also emphasized increased transparency through investor communication, hosting two investor briefings in May and October 2025, and publishing 104 interim announcements and four periodic reports. These efforts underscore the company's commitment to protecting investor interests and maintaining market stability.