Beijing Urban Construction Development Co., Ltd. Announcement on Providing Guarantee for Beijing Chengao Real Estate Co., Ltd.

Stock Code: 600266 Stock Abbreviation: Urban Construction Development Announcement No.: 2026-10

Beijing Urban Construction Development Co., Ltd.

Announcement on Providing Guarantees for Beijing Cheng’ao Real Estate Co., Ltd.

The board of directors of the company and all directors guarantee that the content of this announcement does not contain any false records, misleading statements, or significant omissions, and they bear legal responsibility for the authenticity, accuracy, and completeness of its content.

Important Content Reminder:

● Guarantee Target and Basic Information

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● Cumulative Guarantee Situation

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I. Overview of Guarantees

(1) Basic Situation of the Guarantee

Beijing Cheng’ao Real Estate Co., Ltd. (hereinafter referred to as “Cheng’ao Company”) is a holding subsidiary of the company, established jointly by the company and Beijing Sub-Center Investment Construction Group Co., Ltd. (hereinafter referred to as “Beitou Group”), with the company holding 83% and Beitou Group holding 17%. It is responsible for the cooperative development of Cheng’ao Tower. The cooperation agreement stipulates that the investment ratio is confirmed according to the area ratio enjoyed by each party for Cheng’ao Tower (5:2). To repay shareholder loans as soon as possible and reduce financial costs, Cheng’ao Company applied to Minsheng Bank Beijing Branch for a loan not exceeding 1.35 billion yuan, with a term not exceeding 3 years, providing collateral guarantees with the corresponding rent and property fees of the Cheng’ao Tower project, and the company and Beitou Group will provide joint liability guarantee guarantees according to the investment ratio of 5:2, that is, the company’s guarantee amount does not exceed 964,285,714.29 yuan.

(2) Internal Decision-Making Procedures

On June 5, 2025, and June 26, 2025, the company held the 17th meeting of the ninth board of directors and the 2024 annual general meeting of shareholders, respectively, to review and approve the proposal on guarantee authorization for the 2025-2026 fiscal year. The company expects to provide a total guarantee amount not exceeding 250 million yuan (inclusive) for Cheng’ao Company, and this guarantee is within the guarantee limit and authorization validity period.

On March 26, 2026, the company held the 33rd meeting of the ninth board of directors, and the meeting reviewed and approved the proposal for Cheng’ao Company to apply for a loan not exceeding 1.35 billion yuan from Minsheng Bank and for the company to provide guarantees according to the investment ratio. It was agreed that Cheng’ao Company apply for a loan not exceeding 1.35 billion yuan from Minsheng Bank, providing collateral guarantees with the corresponding rent and property fees of the Cheng’ao Tower project, and the company and Beitou Group will provide joint liability guarantee guarantees according to the investment ratio of 5:2.

II. Basic Situation of the Guaranteed Party

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III. Main Content of the Guarantee Agreement

Cheng’ao Company applies for a loan not exceeding 1.35 billion yuan from Minsheng Bank Beijing Branch, with a term not exceeding 3 years, providing collateral guarantees with the corresponding rent and property fees of the Cheng’ao Tower project, and the company and Beitou Group will provide joint liability guarantee guarantees according to the investment ratio of 5:2, that is, the company’s guarantee amount does not exceed 964,285,714.29 yuan.

IV. Necessity and Reasonableness of the Guarantee

As of now, Cheng’ao Company has no external borrowings, and all interest-bearing liabilities are shareholder loans. Although Cheng’ao Company’s debt-to-asset ratio exceeds 70%, its operations are stable, its credit situation is good, and it has the ability to repay due debts. The company believes the guarantee risk is low and will not have an adverse impact on the company.

V. Board of Directors’ Opinion

The participating directors unanimously agree that Cheng’ao Company applies for a loan not exceeding 1.35 billion yuan from Minsheng Bank Beijing Branch, with a term not exceeding 3 years, providing collateral guarantees with the corresponding rent and property fees of the Cheng’ao Tower project, and the company and Beitou Group will provide joint liability guarantees according to the investment ratio of 5:2, that is, the company’s guarantee amount does not exceed 964,285,714.29 yuan.

VI. Cumulative Number of External Guarantees and Overdue Guarantees

As of the announcement disclosure date, the total external guarantee amount provided by the company and its holding subsidiaries is 6,579 million yuan, accounting for 29.58% of the company’s most recent audited net assets. The total guarantee amount provided by the company to its holding subsidiaries is 5,439 million yuan, accounting for 24.45% of the company’s most recent audited net assets. The company has not provided guarantees to controlling shareholders, actual controllers, and their related parties, and there are no overdue guarantees that have not been recovered.

This announcement is hereby made.

Board of Directors of Beijing Urban Construction Investment Development Co., Ltd.

March 27, 2026

Stock Code: 600266 Stock Abbreviation: Urban Construction Development Announcement No.: 2026-09

Beijing Urban Construction Investment Development Co., Ltd.

Resolution Announcement of the 33rd Meeting of the 9th Board of Directors

The board of directors of the company and all directors guarantee that the content of this announcement does not contain any false records, misleading statements, or significant omissions, and they bear legal responsibility for the authenticity, accuracy, and completeness of its content.

I. Meeting of the Board of Directors

On March 26, 2026, the 33rd meeting of the 9th board of directors of Beijing Urban Construction Investment Development Co., Ltd. (hereinafter referred to as “the company”) was held in the conference room on the sixth floor of the company. The meeting notice and materials were delivered to all directors in written and electronic form on March 23, 2026. There were 7 directors present, all of whom were present. Chairman Qi Zhanfeng presided over the meeting, and some senior management personnel of the company attended the meeting. The convening of this meeting complies with the provisions of the Company Law and the Articles of Association.

II. Review of the Board of Directors Meeting

(1) Proposal to Use Scenic Area Assets to Offset the Transfer Fee for the Operation Rights of the Heilongtan Scenic Area

Voting Result: 7 votes in favor, 0 votes against, 0 votes abstained.

(2) Proposal for Cheng’ao Company to Apply for a Loan Not Exceeding 1.35 Billion Yuan from Minsheng Bank and for the Company to Provide Guarantees According to the Investment Ratio

Agreed that Beijing Cheng’ao Real Estate Co., Ltd. apply for a loan not exceeding 1.35 billion yuan from China Minsheng Bank Beijing Branch, with a term not exceeding 3 years, providing collateral guarantees with the corresponding rent and property fees of the Cheng’ao Tower project, and the company and Beijing Sub-Center Investment Construction Group Co., Ltd. will provide joint liability guarantees according to the investment ratio of 5:2, that is, the company’s guarantee amount does not exceed 964,285,714.29 yuan.

Voting Result: 7 votes in favor, 0 votes against, 0 votes abstained.

For specific details, please refer to the company’s announcement No. 2026-10.

This announcement is hereby made.

Board of Directors of Beijing Urban Construction Investment Development Co., Ltd.

March 27, 2026

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