Urban Development: Cancel cooperation with related parties on investing in real estate projects.

Urban Development Announcement: The company convened the 40th meeting of the ninth board of directors on July 22, 2026, and approved the proposal to cancel the company's collaboration with related parties in real estate investment projects. It was decided that the company will independently or in collaboration with other non-related parties participate in the pre-application and subsequent bidding for the CP02-0405-0002 land parcel in Dongxiaokou Town, Changping District. This proposal has been approved by the company's independent directors' meeting.