Group 1 - The company Beijing Beichen Industrial (601588) has appointed Mr. Zhu Yan as an executive director of the 10th Board of Directors [1] - Mr. Zhu's term will commence from the date of his election at the temporary shareholders' meeting until the end of the 10th Board's term [1]

董事名單與其角色和職能 北京北辰實業股份有限公司（「本公司」）董事會（「董事會」）成員載列如下： 執行董事： 張杰 梁捷 楊華森 張文雷 魏明乾 朱岩 獨立非執行董事： （股份代號：588） 甘培忠 錢愛民 1 董事會設立5個委員會。下表提供各董事會成員在這些委員會中所擔任的職位： | | 委員會 | | | | | | --- | --- | --- | --- | --- | --- | | | 審計 | 提名 | 薪酬與考核 | 戰略 | 法律合規 | | 董事 | 委員會 | 委員會 | 委員會 | 委員會 | 委員會 | | 張杰 | | | M | C | | | 梁捷 | | | M | M | C | | 楊華森 | | M | | | | | 張文雷 | | | | | | | 魏明乾 | | | | | | | 朱岩 | | | | | | | 周永健 | M | | M | M | M | | 甘培忠 | M | C | C | M | M | | 錢愛民 | C | M | M | M | M | 附註： C 有關委員會主席 周永健 M 有關委員會成員 二零二六年一月二十三日 2 ...

Group 1 - The core point of the article is the appointment of Zhu Yan as an executive director of Beijing Beichen Industrial Co., Ltd. (00588.HK) [1] - Zhu Yan's term will begin from the date of election at the temporary shareholders' meeting until the end of the term of the tenth board of directors [1]

Core Viewpoint - Beijing Beichen Industrial Co., Ltd. has appointed Mr. Zhu Yan as an executive director of the 10th Board of Directors, effective from the date of his election at the extraordinary general meeting until the term of the 10th Board expires [1] Group 1 - The appointment of Mr. Zhu Yan is part of the company's governance structure [1] - The term of the newly appointed executive director aligns with the tenure of the current Board of Directors [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的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 （股份代號：588） 二零二六年第一次臨時股東會投票結果 及委任執行董事公告 謹此提述北京北辰實業股份有限公司（「本公司」）日期為二零二六年一月六日的通 函（「該通函」）以及二零二六年第一次臨時股東會通告。除文義另有所指外，本公 告所用的詞彙與該通函所界定者具有相同涵義。 臨時股東會的投票結果 董事會欣然宣佈，臨時股東會已於二零二六年一月二十三日（星期五）上午九時正 假座中國北京市朝陽區北辰東路8號匯欣大廈A座12層第一會議室舉行。 臨時股東會舉行日期之本公司已發行總股數為 3,367,020,000 股，分別為 2,660,000,000股A股及707,020,000股H股。 附註： 上述普通決議案的全文載於臨時股東會通告內。 普通決議案由親身或委託代理人出席臨時股東會之股東所持表決權的二分之一以 上通過。 香港中央證券登記有限公司獲委任為臨時股東會投票表決過程之監票員。 本次臨時股東會之過程由北京市 ...

| 证券代码：601588 | 证券简称：北辰实业 | | | 公告编号：临 | 2026-003 | | --- | --- | --- | --- | --- | --- | | 债券代码：188461 | 债券简称：21 | 北辰 | G1 | | | | 债券代码：185114 | 债券简称：21 | 北辰 | G2 | | | | 债券代码：185738 | 债券简称：22 | 北辰 | G1 | | | | 债券代码：254174 | 债券简称：24 | 北辰 | F1 | | | | 债券代码：258224 | 债券简称：25 | 北辰 | F1 | | | | 债券代码：258483 | 债券简称：25 | 北辰 | F2 | | | 北京北辰实业股份有限公司 2026年第一次临时股东会决议公告 1 (一) 股东会召开的时间：2026 年 1 月 23 日 (二) 股东会召开的地点： | 2、出席会议的股东所持有表决权的股份总数（股） | 1,219,564,123 | | --- | --- | | 其中：A 股股东持有股份总数 | 1,205,822,002 | | 境外上市外资股股东持有 ...

北京市安理律师事务所 关于北京北辰实业股份有限公司 2026 年第一次临时股东会的 法律意见书 致：北京北辰实业股份有限公司 北京北辰实业股份有限公司（以下简称公司）2026 年第一次临时股东会（以下简称本 次股东会）于 2026 年 1 月 23 日采用现场投票和网络投票相结合的方式举行，现场会议于 2026 年 1 月 23 日 9 时在北京市朝阳区北辰东路 8 号汇欣大厦 A 座 12 层第一会议室召开。 网络投票时间为 2026 年 1 月 23 日，其中，交易系统投票平台的投票时间为上午 9 时 15 分 至 9 时 25 分、上午 9 时 30 分至 11 时 30 分、下午 13 时至 15 时；互联网投票平台的投票 时间为上午 9 时 15 分至下午 15 时。北京市安理律师事务所（以下简称本所）接受公司的 委托，指派律师出席本次股东会现场会议并依法出具法律意见书。 本所律师根据《中华人民共和国证券法》（以下简称《证券法》）、《中华人民共和国公 司法》《上市公司股东会规则》（以下简称《股东会规则》）等有关法律、法规和规范性文件 的规定以及《北京北辰实业股份有限公司章程》（以下简称《公司章程》） ...

Group 1: Domestic News - The People's Bank of China (PBOC) emphasizes accelerating the construction of a cross-border payment system for the renminbi, aiming for a diversified and multi-layered development by 2026 [2] - The Ministry of Industry and Information Technology (MIIT) reports that the industrial and information sectors contributed over 40% to economic growth, with a projected 5.9% increase in industrial value added by 2025 [3] - The Ministry of Housing and Urban-Rural Development (MOHURD) plans to stabilize the real estate market by focusing on urban renewal, community construction, and improving housing sales systems [5] Group 2: International News - Former President Trump announces a framework agreement with NATO regarding Greenland, temporarily halting planned tariffs on European countries [6] - The U.S. Treasury yields show a general decline, with the 10-year Treasury yield down by 4 basis points to 4.26% [25] Group 3: Bond Market Dynamics - The bond market shows a strong performance with the 10-year government bond yield decreasing by 0.05 basis points to 1.8335% [10] - The credit bond market experiences significant price deviations, with some industrial bonds seeing price changes exceeding 10% [11] - Vanke announces a bondholder meeting where a proposal to extend the maturity of a portion of its bonds was approved [12] Group 4: Commodity Market - International crude oil prices rise, with WTI crude up 0.43% to $60.62 per barrel, and natural gas prices surge nearly 30% to $5.040 per million British thermal units [7] Group 5: Equity and Convertible Bond Market - The equity market sees a collective rise, with major indices increasing, and the convertible bond market also reflects this trend with major indices up by approximately 0.90% [21] - The convertible bond market records a trading volume of 912.89 billion yuan, with 308 out of 385 bonds rising in value [21]

Core Viewpoint - North China International Exhibition Co., Ltd. has been awarded the "Golden Dawn Market Value Management Award" for its robust operational resilience and multi-business synergy centered around exhibition services, establishing itself as a benchmark for high-quality development in the exhibition industry [1][10]. Group 1: Business Strategy and Performance - The core strategy of North China International Exhibition Co., Ltd. is to leverage its exhibition business as an engine to drive the collaborative development of diverse sectors, including real estate and commercial properties [2]. - In 2025, the company achieved significant breakthroughs in major event support, industry chain extension, and hardware facility upgrades, with a total of 22 major exhibition projects hosted [2][3]. - The company successfully organized several established events, including the Service Trade Fair and the China Refrigeration Exhibition, enhancing its leading position in the professional exhibition sector [2][3]. Group 2: Infrastructure Development - The Capital International Exhibition Center and the second phase of the National Conference Center were entrusted to North China International Exhibition Co., Ltd. for operation management, significantly enhancing Beijing's exhibition space and the company's service capabilities [3][4]. - The Capital International Exhibition Center has become the largest and most advanced exhibition venue in Beijing, capable of hosting comprehensive professional exhibitions exceeding 100,000 square meters [4]. Group 3: Commercial Property and Innovation - The commercial property sector of North China International Exhibition Co., Ltd. thrived in 2025, with innovative marketing activities boosting consumer traffic in the Asia-Oceania business circle [5]. - The company is actively creating new consumption scenarios by integrating culture, commerce, tourism, and sports, thereby enhancing regional influence [5]. Group 4: Strategic Partnerships and Ecosystem Development - In 2025, North China International Exhibition Co., Ltd. expanded its strategic partnerships with over ten key entities, including Beijing Telecom and Xiaomi Group, focusing on 5G and AI smart park construction [6]. - The establishment of the Artificial Intelligence Exhibition Ecosystem Alliance marks a significant step towards a smart ecological collaboration in the exhibition industry [6]. Group 5: Market Value Management and ESG - The company emphasizes market value management and ESG governance, implementing systematic measures to enhance intrinsic value and market recognition [7][9]. - North China International Exhibition Co., Ltd. has established a regular market value management mechanism and has been actively engaging with investors through various activities [7]. - The company has been recognized as an "ESG Pioneer Enterprise," reflecting its commitment to economic, political, and social responsibilities [9][10]. Group 6: Future Outlook - Moving forward, North China International Exhibition Co., Ltd. aims to deepen its "exhibition-led" strategy, enhance core competitiveness in the exhibition business, and optimize resource allocation efficiency [10]. - The company plans to continue releasing the composite value of the "exhibition+" ecosystem, contributing to sustainable development in the capital market [10].

Core Viewpoint - The real estate sector continues to face widespread losses, with most listed companies in the A-share market reporting varying degrees of deficit for 2025, except for the leading company, Poly Developments [2][3]. Group 1: Company Performance - Among the 27 listed real estate companies that have released performance forecasts, only Poly Developments reported a positive net profit of approximately 1.03 billion yuan, while the total losses of the other companies ranged from 47.546 billion to 62.464 billion yuan [3]. - Poly Developments experienced a revenue decline of 1.09% year-on-year, with a net profit drop of 79.49% due to decreased gross profit margins and anticipated asset impairment losses of about 6.9 billion yuan [3]. - Other companies, such as China Fortune Land Development, are projected to incur losses of 16 billion to 24 billion yuan for 2025, with net assets expected to decline by 10 billion to 15 billion yuan [4]. Group 2: Industry Challenges - The real estate sector has been struggling with significant losses since 2022, attributed to factors such as low-profit project settlements, increased impairment provisions, and rising interest expenses [6]. - The sales volume of commercial housing is expected to decline by 12.6% year-on-year in 2025, indicating ongoing market challenges [7]. - The real estate development prosperity index has been on a downward trend, reaching 91.45 by December 2025, reflecting a sluggish economic activity in the sector [7]. Group 3: Future Outlook - Analysts suggest that the adjustment cycle in the real estate market may be nearing its end by 2026, with potential growth in the high-quality residential market driven by policy support and demand structure upgrades [8]. - Companies facing significant losses must manage their market value and ensure compliance with financial reporting to avoid delisting risks, which could arise from continuous losses or failure to meet revenue thresholds [9].