Beijing Capital Development shareholders approve bond issuance, auditor reappointment

Beijing Capital Development Co., Ltd. held its seventh extraordinary general meeting of shareholders for 2025 on December 24, 2025. The meeting saw 1,668 shareholders and proxies attend, representing 58.2616% of total voting shares. All resolutions presented during the meeting were approved.

Key resolutions passed include the re-appointment of Tianjian Certified Public Accountants (Special General Partnership) as the company's auditor for 2025, receiving 99.8500% of votes in favor. Shareholders also approved the company's eligibility to issue non-public corporate bonds to professional investors, with 99.8271% approval, and the specific plan for issuing these bonds, with 99.8269% approval.

Additionally, the meeting granted the board of directors or an authorized individual full authority to manage all related matters concerning the non-public offering of corporate bonds to professional investors. Revisions to the "Beijing Capital Development Co., Ltd. Management Measures for Raised Funds" and "Beijing Capital Development Co., Ltd. Management Measures for External Donations" were also approved. Lastly, the company's guarantee for Guiyang Shokai Longtai Real Estate Development Co., Ltd.'s trust loan application passed with 99.7722% approval.