Beijing Enterprises Urban Resources Group Limited approved and put into effect its Third Amended and Restated Articles of Association on 27 May 2026 after passing a special resolution at a general meeting on the same date. The new Articles replace the previous version and comprise 169 articles that comprehensively update the company’s corporate-governance framework. Key elements include the following:

1. Share-capital flexibility • Par value confirmed at US$0.10 per share. • Board empowered to repurchase shares, hold them as treasury shares and fund buy-backs from capital or other reserves. • Authority to issue new shares, warrants, convertible or similar securities, with discretion to exclude jurisdictions where local requirements make offers impracticable.

2. Capital-alteration powers • Ordinary resolutions may increase, consolidate, subdivide or cancel share capital; special resolutions may reduce capital or redemption reserves.

3. Digital and remote-meeting provisions • Formal recognition of physical, hybrid and fully electronic general meetings, including detailed rules on quorum, voting, adjournments and postponements via electronic facilities. • Members may receive notices, corporate communications and dividend instructions electronically or via company website postings, in line with Hong Kong Listing Rules and Cayman law.

4. Uncertificated securities and electronic transfers • Articles align with Hong Kong’s Uncertificated Securities Market regime, allowing share issuance, holding and transfer through electronic systems such as CCASS and the upcoming UNSRT platform.

5. Director requirements and protections • Board size set at a minimum of two directors with no maximum. • Every director must retire by rotation at least once every three years but is eligible for re-election. • Updated rules on directors’ interests, indemnities and alternate appointments; prohibition on loans to directors aligned with Hong Kong Companies Ordinance standards.

6. Dividend and reserve arrangements • Dividends may be paid from realised or unrealised profits or share-premium account; scrip-dividend alternatives and distributions in specie authorised. • Unclaimed dividends revert to the company after six years.

7. Treatment of untraceable shareholders • After 12 years of returned mail and unclaimed dividends, the company may sell the relevant shares and hold net proceeds for the benefit of former holders.

The revised Articles enhance compliance with Hong Kong listing requirements, expand capital-management options and embed electronic processes to facilitate remote shareholder participation and paperless securities handling.