Beijing Enterprises Holdings Ltd. (Beijing Enterprises) announced that its wholly-owned subsidiary, Beijing Enterprises Asset Management Ltd., signed a facility letter with an unnamed bank on 24 April 2026, providing up to RMB950 million in financing over a three-year term.

The loan agreement contains specific covenants linked to the company’s controlling shareholder, Beijing Enterprises Group Co. Ltd. (BE Group): 1. BE Group must remain the direct or indirect single largest shareholder of Beijing Enterprises. 2. BE Group is required to hold, directly or indirectly, at least 40% of the voting rights in Beijing Enterprises, free from any security. 3. BE Group must continue to be effectively wholly owned, supervised and controlled by the People’s Government of Beijing Municipality.

Disclosure was made under Listing Rule 13.18 of the Hong Kong Stock Exchange, which mandates reporting when loan documentation imposes specific obligations on a listed issuer’s controlling shareholder.

As of the announcement date, the board comprises five executive directors, two non-executive directors and four independent non-executive directors, chaired by Mr. Yang Zhichang.