Departure of Vice President of China Construction

On September 13, China Construction Co., Ltd. issued a notice on the departure of senior managers of the company. The twenty-first meeting of the fourth session of the board of directors (the "Meeting") of

China State Construction Engineering Corporation Limited (the "Company") was held on 12 September 2025. After obtaining the consent of all directors, the meeting shall be conducted by way of written voting by the directors. The meeting considered and approved the Proposal on Wu Bingqi's Cessation as Vice President and General Counsel of China State Construction Engineering Corporation Limited.

According to the relevant provisions of the Rules Governing the Listing of Stocks on the Shanghai Stock Exchange, the Guidelines for Self-regulation of Listed Companies on the Shanghai Stock Exchange No.1 – Standardized Operation and the Articles of Association, the resignation of Mr. Wu Bingqi shall take effect upon the approval of the board of directors of the Company. After his resignation, Mr. Wu Bingqi will no longer hold any position in the Company. Mr. Wu Bingqi has completed the handover work in accordance with the relevant regulations of the Company, and his departure will not affect the normal operation of the Company. The board of directors of the Company would like to express its sincere gratitude to Mr. Wu Bingqi for his diligent work and contribution to the development of the Company during his term of office!

Previously, Super Building introduced to you that on September 5, the SASAC website of the State Council released information on the appointment and removal of leaders of central enterprises. Among them, Wu Bingqi was appointed Deputy Secretary of the Party Committee and Director of Overseas Chinese Town Group Co., Ltd. and nominated as General Manager of Overseas Chinese Town Group Co., Ltd. Bi

ography

Wu Bingqi, male, born in 1971, a member of the Communist Party of China, holds a bachelor's degree in industrial and civil construction engineering from Tongji University and a master's degree in business administration from the University of South Australia, Australia, and is a senior engineer. He joined China Resources (Holdings) Limited

in 1993 and worked in China Resources Property Limited and China Resources Construction (Holdings) Limited. He joined China Resources Land Limited

in 2007. In October

2013, he was appointed as Senior Vice President of China Resources Land Co., Ltd. and concurrently served as Strategic Director and Chengdu Regional General Manager of China Resources Land Co., Ltd. He was appointed as an executive director of China Resources Land Limited on 12 February

2019. Later, he served as a member of the Party Committee of China Resources Land, Secretary of the Party Committee of North China Region and Chairman of the Board of Directors of North China Region. In July

2022, he became the president of China Resources Land. In September

2023, Party member and deputy general manager of China Construction Group Co., Ltd. In October

2023, he was appointed Vice President and General Counsel of China State Construction Engineering Corporation Limited.

He has successively served as Deputy General Manager and Party Member of China State Construction Engineering Corporation Limited, Vice President, General Counsel and Chief Compliance Officer of China State Construction Engineering Corporation Limited. In September

2025, Deputy Secretary of the Party Committee and Director of Overseas Chinese Town Group Co., Ltd. nominated candidates for general manager.

Overseas Chinese Town Group Co., Ltd. (Hereinafter referred to as "Overseas Chinese Town Group"), founded in 1985, is a large central enterprise directly managed by the State-owned Assets Supervision and Administration Commission of the State Council, headquartered in Shenzhen, has formed a development pattern with culture, tourism and real estate as its main industries, and has been awarded the top 30 national cultural enterprises and the top 20 Chinese tourism groups for many times. Its business covers more than 100 cities in China and many countries and regions in the world, and has three listed companies at home and abroad, namely, OCT A, Yunnan Tourism and OCT (Asia). After 40 years of development, OCT Group's culture, tourism, real estate and other industries have gone hand in hand, and the quality of industrial development has been continuously improved.