Group 1 - The core viewpoint of the news is the launch of an integrated service scenario for construction project commencement in Beijing, aimed at optimizing the approval process and improving efficiency [1] - The new integrated service allows enterprises to apply for multiple permits simultaneously, including construction permits, fire design reviews, and waste disposal plans, through a unified online platform [1] - The reform standardizes the application process by unifying the reporting entity for construction waste disposal and site management, enabling a "one entity, one application" approach [1] Group 2 - The integrated service scenario builds on previous reforms initiated in 2018, which combined the issuance of construction permits with quality and safety supervision processes [2] - The initiative promotes cross-departmental collaboration among various governmental bodies, enhancing both online and offline service channels [2]

Group 1 - The plan announced by Beijing Construction (00925) has been approved by the court on August 22, 2025, without any amendments [1] - A copy of the court's approval order was registered with the Bermuda Registrar of Companies on August 27, 2025 [1] - All conditions outlined in the memorandum related to the plan have been fulfilled, and the plan became effective on August 27, 2025 [1] Group 2 - The listing status of the shares on the Stock Exchange will be revoked on August 29, 2025, at 4:00 PM [1]

Core Viewpoint - Beijing Construction (00925) has received court approval for its plan, which is set to take effect on August 27, 2025, and will result in the delisting of its shares from the Hong Kong Stock Exchange on August 29, 2025 [1] Summary by Relevant Sections - The plan was approved by the court on August 22, 2025, without any amendments [1] - A copy of the court's approval order was registered with the Bermuda Registrar on August 27, 2025 [1] - All conditions outlined in the memorandum related to the plan have been fulfilled, leading to the plan's effectiveness on August 27, 2025 [1] - The listing status of the shares on the Stock Exchange will be revoked at 4 PM on August 29, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本聯合公告之內容 概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本 聯合公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承 擔任何責任。 本聯合公告僅供參考，並不擬亦非構成或組成於任何司法權區購買或認購要 約人或本公司任何證券的任何要約或購買或認購有關證券的邀請，亦非招攬 任何投票或批准，亦不會於任何司法權區在違反適用法律的情況下出售、發 行或轉讓本公司證券。 本聯合公告並非供在、向或從刊發、登載或分發全部或部分內容即構成違反 任何司法權區適用法律或法規的有關司法權區刊發、登載或分發。 BRILLIANT BRIGHT HOLDINGS LIMITED 皓明控股有限公司 （根據英屬處女群島法律註冊成立為商業股份有限公司） BEIJING PROPERTIES (HOLDINGS) LIMITED 北京建 設（ 控 股 ）有限公 司 （於百慕達註冊成立之有限公司） （股份代號：925） 聯合公告 (1)建議由皓明控股有限公司根據公司法第99條 以計劃安排方式私有化北京建設（控股）有限公司 及 (2)建議撤銷北京建設（控股）有限公司的 ...

Core Viewpoint - Beijing Construction's privatization and delisting plan has been officially implemented, marking a smooth completion of the process in less than three and a half months [2] Group 1: Privatization Details - The privatization plan proposed by Haoming Holdings was approved by the court and the shareholders' meeting, with the plan taking effect on August 27 [2] - The shares of Beijing Construction will be delisted from the Hong Kong Stock Exchange on August 29 [2] - The privatization offers a premium of 250% over the share price before suspension, with the acquisition price set at HKD 0.14 per share compared to HKD 0.04 prior to suspension [8][9] Group 2: Benefits for Stakeholders - The privatization is seen as a win-win for both the controlling shareholders and minority shareholders, as it allows for greater operational flexibility and cost savings related to maintaining a public listing [4][9] - Minority shareholders will receive a significant premium, and the stock price jumped 220% on the day the privatization plan was announced [4][8] Group 3: Market Context - The real estate sector has faced adjustments, leading to continuous losses for Beijing Construction, which has resulted in a stock price significantly below its net asset value [4][9] - The company has struggled with low liquidity, making it difficult for investors to sell shares at favorable prices, thus the privatization provides an attractive exit opportunity for public shareholders [9] Group 4: Broader Market Trends - A total of 36 companies have delisted from the Hong Kong Stock Exchange this year, with real estate companies making up the largest share of these delistings [11] - Among the delisted companies, 8 are from the real estate sector, with 4 opting for privatization and 4 being canceled [11]

Group 1 - Beijing Construction (Holdings) Limited announced a plan for privatization by Haoming Holdings Limited, which includes the proposal to delist from the stock exchange [1][3] - The plan has received court approval on August 22, 2023, and is expected to take effect on August 27, 2025 [1] - The court's approval of the privatization and delisting proposal is final and without amendments [1] Group 2 - Following the plan's effectiveness, Beijing Construction's shares will be delisted from the exchange on August 29, 2025, at 4 PM [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本聯合公告之內容 概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本 聯合公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承 擔任何責任。 本聯合公告僅供參考，並不擬亦非構成或組成於任何司法權區購買或認購要 約人或本公司任何證券的任何要約或購買或認購有關證券的邀請，亦非招攬 任何投票或批准，亦不會於任何司法權區在違反適用法律的情況下出售、發 行或轉讓本公司證券。 本聯合公告並非供在、向或從刊發、登載或分發全部或部分內容即構成違反 任何司法權區適用法律或法規的有關司法權區刊發、登載或分發。 要約人之財務顧問 獨立董事委員會之獨立財務顧問 BRILLIANT BRIGHT HOLDINGS LIMITED 皓明控股有限公司 （根據英屬處女群島法律註冊成立為商業股份有限公司） BEIJING PROPERTIES (HOLDINGS) LIMITED 北京建 設（ 控 股 ）有限公 司 （於百慕達註冊成立之有限公司） （股份代號：925） 聯合公告 (1)建議由皓明控股有限公司根據公司法第99條 以計劃安排方式私有化北京建設（控股）有限公 ...

Group 1 - The company Beijing Construction (00925) announced a change in the trading unit of its shares from 2,000 shares to 890,000 shares [1] - This change will take effect on August 28, 2025, at 9:00 AM, subject to the plan becoming effective on August 27, 2025 [1]

Group 1 - The company Beijing Construction (00925) announced a change in the trading unit of its shares from 2,000 shares to 890,000 shares [1] - This change will take effect on August 28, 2025, at 9:00 AM, subject to the condition that it becomes effective after August 27, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告 全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 BEIJING PROPERTIES (HOLDINGS) LIMITED 北京建 設（ 控 股 ）有限公 司 （於百慕達註冊成立之有限公司） （股份代號：925） 更改每手買賣單位 茲提述(i)皓明控股有限公司（「要約人」）與北京建設（控股）有限公司（「本公 司」）聯合刊發日期為二零二五年七月二十八日內容有關該建議及計劃的計劃 文件（「計劃文件」）；及(ii)要約人與本公司刊發日期為二零二五年八月二十日 內容有關（其中包括）法院會議及股東特別大會之結果的聯合公告（「結果公 告」）。除另有界定者外，本公告所用詞彙與計劃文件所界定者具有相同涵義。 誠如業績公告「撤回股份上市之建議」及「預期時間表」各節所述，(i)本公司已 根據上市規則第6.15(2)條向聯交所申請，且聯交所已批准自二零二五年八月 二十九日（星期五）下午四時正起撤銷股份於聯交所的上市地位，惟須待計劃 於二零二五年八月二十七日（星期三）（百慕 ...