Announcement • Jul 17
Beijing North Star Company Limited Provides Group Earnings Guidance for the Half Year Ended 30 June 2026 Beijing North Star Company Limited provided group earnings guidance for the half year ended 30 June 2026. For the period, the Company announced that the profit attributable to owners of the Company is estimated to continue to record a loss, details of which are set out as follows: Based on the preliminary assessment by the Company's finance department: The net loss attributable to owners of the Company for the first half of 2026 is estimated to range from RMB 881,000,000 to RMB 1,080,000,000, continuing to record a loss as compared with the corresponding period of the preceding year. Among these, the net loss (excluding gains or losses from changes in fair value of investment properties) attributable to owners of the Company ranges from RMB 701,000,000 to RMB 860,000,000. The net loss (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the Company for the first half year of 2026 is estimated to range from RMB 721,000,000 to RMB 880,000,000, continuing to record a loss as compared with the corresponding period of the preceding year. Results for the corresponding period of the preceding year: The loss attributable to owners of the Company was RMB 1,647,124,000 (or RMB 1,475,877,000 if excluding gains or losses from changes in fair value of investment properties); and the loss attributable to owners of the Company (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) was RMB 1,501,570,000. Losses per share attributable to ordinary shareholders of the Company were RMB 0.4892 (or RMB 0.4383 if excluding gains or losses from changes in fair value of investment properties, or RMB0.4460 if excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss). During the reporting period, the loss attributable to owners of the Company achieved a significant year-on-year decrease in losses. Specifically, the operations of the Company's convention and exhibition and supporting facilities services segment remained stable. However, the real estate development segment - which balanced pricing and inventory turnover - continued to incur losses, resulting in an overall loss for the Company. Announcement • Jun 30
Beijing North Star Company Limited to Report First Half, 2026 Results on Aug 21, 2026 Beijing North Star Company Limited announced that they will report first half, 2026 results on Aug 21, 2026 Announcement • Mar 30
Beijing North Star Company Limited to Report Q1, 2026 Results on Apr 30, 2026 Beijing North Star Company Limited announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Mar 28
Beijing North Star Company Limited, Annual General Meeting, May 14, 2026 Beijing North Star Company Limited, Annual General Meeting, May 14, 2026. Announcement • Jan 23
Beijing North Star Company Limited Appoints Zhu Yan as an Executive Director Beijing North Star Company Limited announced the appointment of Mr. ZHU Yan as an executive director of the tenth session of the board of directors of the Company. Announcement • Jan 14
Beijing North Star Company Limited Provides Earnings Guidance for the Year Ended 31 December 2025 Beijing North Star Company Limited provided earnings guidance for the year ended 31 December 2025. For the year, the company expects The net loss attributable to owners of the Company for the year 2025 is estimated to range from RMB 2,696,000,000 to RMB 3,380,000,000, continuing to record a loss as compared with the corresponding period of previous year (or range from
RMB 2,463,000,000 to RMB 3,093,000,000 if excluding gains or losses from changes in the fair value of investment properties, as the Company's expected loss from changes in the fair value of investment properties ranges approximately from RMB 233,000,000 to RMB 287,000,000). The net loss (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the Company for the year of 2025 is estimated to range from RMB 2,513,000,000 to RMB 3,153,000,000, continuing to record a loss as compared with the corresponding period of previous year. During the reporting period, the Company 's convention and exhibition (including hotel) business and commercial properties business remained generally stable in their operations. The losses were mainly attributable to the impact of market adjustments, as the selling prices of the Company's real estate projects fell short of expectations. In accordance with accounting standards, the Company conducted a preliminary impairment test of its inventories and expects to make provisions for the impairment of inventories on certain real estate projects. Announcement • Dec 26
Beijing North Star Company Limited to Report Fiscal Year 2025 Results on Mar 28, 2026 Beijing North Star Company Limited announced that they will report fiscal year 2025 results on Mar 28, 2026 Announcement • Sep 30
Beijing North Star Company Limited to Report Q3, 2025 Results on Oct 31, 2025 Beijing North Star Company Limited announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Aug 19
Beijing North Star Company Limited Provides Unaudited Consolidated Earnings Guidance for the First Half of 2025 Beijing North Star Company Limited provided unaudited consolidated earnings guidance for the first half of 2025. For the period, due to the expected loss on changes in fair value arising from the revaluation of the Group's investment properties of approximately RMB 152,410,000 to RMB 188,370,000, the net loss attributable to owners of the Company for the first half of 2025 is expected to be approximately RMB 1,566,000,000 to RMB 1,939,000,000, as compared to a loss attributable to owners of the Company of approximately RMB 769,580,000 for the first half of 2024. Announcement • Jun 30
Beijing North Star Company Limited to Report First Half, 2025 Results on Aug 23, 2025 Beijing North Star Company Limited announced that they will report first half, 2025 results on Aug 23, 2025 Announcement • Mar 28
Beijing North Star Company Limited to Report Q1, 2025 Results on Apr 30, 2025 Beijing North Star Company Limited announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Mar 27
Beijing North Star Company Limited, Annual General Meeting, May 15, 2025 Beijing North Star Company Limited, Annual General Meeting, May 15, 2025. Announcement • Jan 24
Beijing North Star Company Limited Appoints Qian Ai-Min as an Independent Non-Executive Director Beijing North Star Company Limited at its EGM held on 24 January 2025 appointed QIAN Ai-min as an independent non-executive director. Announcement • Jan 17
Beijing North Star Company Limited Provides Earnings Guidance for the Year Ended 31 December 2024 Beijing North Star Company Limited provided earnings guidance for the year ended 31 December 2024. The net loss attributable to owners of the company (excluding gains or losses from changes in fair value of investment properties) for the year of 2024 is estimated to range from RMB 2,410,840,000 to RMB 3,053,880,000, representing a loss as compared with the corresponding period of 2023. The net loss (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the company for the year of 2024 is estimated to range from RMB 2,549,640,000 to RMB 3,226,540,000, representing a loss as compared with the corresponding period of 2023. During the reporting period, though the operation of convention and exhibition (including hotels) business and commercial properties business of the Company remained stable, the settlement area in the period decreased as compared with the same period of previous year as affected by decrease in both development scale and sales volume of real estate business, resulting in decrease in the revenue year-on-year. The company dynamically adjusted its marketing strategies for real estate business according to market conditions to accelerate inventory reduction, resulting in decrease in gross profit margin. Certain real estate projects showed signs of impairment and the company is expected to make provisions for the impairment of inventories on certain real estate projects based on the prudence principle. Announcement • Dec 27
Beijing North Star Company Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Beijing North Star Company Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Announcement • Nov 28
Beijing North Star Company Limited Appoints Zhang Jie as an Executive Director Beijing North Star Company Limited at its EGM approved the election of Mr. ZHANG Jie as an executive Director of the tenth session of the Board of the Company. The Board announce that Mr. ZHANG Jie has been appointed as an executive Director of the tenth session of the Board for a term commencing from the date of election as an executive Director of the Company at the EGM to the date of expiry of the term of the tenth session of the Board. Announcement • Oct 31
Beijing North Star Company Limited Appoints Hu Hao as Secretary The board of directors of Beijing North Star Company Limited announced that Mr. HU Hao has been appointed as the secretary to the Board with effect from 30 October 2024, for a term that is the same as the current session of the Board. Mr. HU Hao, aged 45, is an executive director and the deputy general manager of the Company. Mr. HU graduated from the Central University of Finance and Economics with a bachelor's degree in economics. Mr. HU joined the Company in 2002 and served successively as the deputy head and head of the investment and financing department, the head of the strategic operation department, the assistant to the general manager and the shareholder representative supervisor of the Company. He has served as a representative for securities affairs of the Company since July 2008. He has served as the deputy general manager of the Company since January 2021. He was appointed by the Board of the Company in January 2024 to perform the corresponding duties during the absence of the secretary to the Board until such date a new secretary to the Board has been appointed by the Board. Mr. HU was elected as an executive director of the Company at the general meeting of the Company in May 2024. Mr. HU has extensive experience in corporate capital operation, real estate development and operation control. Mr. HU has rich experience in corporate management and is familiar with the business and daily operations of the Company as well as the regulatory requirements and laws both in mainland China and Hong Kong, the Company believes that Mr. HU has the relevant experience required by the Listing Rules, therefore the appointment of Mr. HU as the secretary to the Board is in the interests of the Company and is conducive to its corporate governance. The Board considers that Mr. HU is suitable for serving as the secretary to the Board. Announcement • Oct 17
Beijing North Star Company Limited Announces Resignation of LI Wei-Dong as Chairman and Executive Director The board of directors of Beijing North Star Company Limited announced that on 17 October 2024, the Board received a resignation application from Mr. LI Wei-Dong, the Chairman of the Board and an executive director of the Company. Due to work rearrangement, Mr. LI applied to resign as the Chairman of the Board and an executive director of the Company and from all other positions in each of the special committees under the Board. Announcement • Sep 30
Beijing North Star Company Limited to Report Q3, 2024 Results on Oct 31, 2024 Beijing North Star Company Limited announced that they will report Q3, 2024 results on Oct 31, 2024 Announcement • Jun 28
Beijing North Star Company Limited to Report First Half, 2024 Results on Aug 29, 2024 Beijing North Star Company Limited announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 16
Beijing North Star Company Limited, Annual General Meeting, May 16, 2024 Beijing North Star Company Limited, Annual General Meeting, May 16, 2024, at 09:00 China Standard Time. Location: 12th Floor, Tower A,Hui Xin Building, No. 8 Bei Chen Dong Road Chao Yang District Beijing China Agenda: To consider "Amendments to the Articles of Association" of the Company; to consider "Amendments to the Rules of Procedures for Shareholders' General Meetings" of the Company; to consider "Amendments to the Rules of Procedures for the Meetings of the Board of Directors" of the Company; to consider "Amendments to the Rules of Procedures for Meetings of the Supervisory Committee" of the Company; to consider "Amendments to the Working Policy for Independent Directors" of the Company; to consider "The resolution on estimation of guarantee limit for the year of 2024" of the Company; to consider "The resolution on grant of general mandate for issuance of shares" of the Company; to consider "The resolution on grant of general mandate for issuance of debt financing instruments" of the Company. Announcement • Mar 29
Beijing North Star Company Limited to Report Q1, 2024 Results on Apr 30, 2024 Beijing North Star Company Limited announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Mar 22
Beijing North Star Company Limited Proposes Final Ordinary Dividend for the Financial Year End 31 December 2023, Payable on 15 July 2024 Beijing North Star Company Limited proposed final ordinary dividend of RMB 0.02 per share for the financial year end 31 December 2023, payable on 15 July 2024 with record date of 29 May 2024 and Ex-dividend date of 20 May 2024. Announcement • Mar 14
Beijing North Star Company Limited Announces Management Changes Beijing North Star Company Limited received a written resignation application from Mr. MO Fei ("Mr. MO"), the shareholder representative supervisor of the Company, on 13 March 2024. Due to work rearrangement, Mr. MO applied to resign from the position of shareholder representative supervisor of the ninth session of the supervisory committee of the Company (the "Supervisory Committee"). In accordance with the requirements of relevant laws and regulations and the Company's Articles of Association, Mr. MO's application for resignation shall take effect from the date on which it was served on the Company. Mr. MO has confirmed that he does not have any disagreement with the board of directors (the "Board") and the Supervisory Committee of the Company and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. Reference is made to the announcement of the Company dated 30 January 2024 in relation to the resignation of the executive director, deputy general manager, secretary to the Board and chief legal advisor of the Company. On 14 March 2024, the Company convened the 96th meeting of the ninth session of the Board to approve the appointment of Mr. MO as the chief legal advisor of the Company for a term of office commencing from 14 March 2024. Mr. MO Fei, aged 53, graduated from Southwest University of Political Science and Law, with a bachelor's degree in laws, and has legal professional qualifications. Mr. MO joined Beijing North Star Industrial Group Limited Liabilities Company ("BNSIGC"), the controlling shareholder of the Company in 2003, and used to serve as the deputy director of the legal affairs department of BNSIGC, the director of the legal affairs department and shareholder representative supervisor of the Company, and the deputy general manager of Beijing North Star Exhibition Investment Co. Ltd. Mr. MO has extensive experience in corporate legal affairs regulation. The Board has approved to appoint Ms. LIANG Jie as a member of the strategic committee, the nomination committee and the legal compliance committee of the Board at the 96th meeting of the ninth session of the Board convened on 14 March 2024. Announcement • Mar 13
Beijing North Star Company Limited Elects Ms. Liang Jie as an Executive Director of the Ninth Session of the Board of the Company Beijing North Star Company Limited elected Ms. LIANG Jie as an executive Director of the ninth session of the Board of the Company. Announcement • Jan 30
Beijing North Star Company Limited Announces Executive Changes Beijing North Star Company Limited announced resignation of Mr. Guo Chuan as Executive Director, A Member of the Legal Compliance Committee, the Deputy General Manager, the Secretary to the Board and the Chief Legal Advisor the company. Effective from January 29, 2024 due to his work rearrangements. The Company held the 93th meeting of the ninth session of the Board on 30 January 2024, appointing Mr. HU Hao, the deputy general manager, financial manager and representative for securities affairs of the Company, to perform the corresponding duties during the absence of the secretary to the Board, until such date a new secretary to the Board has been appointed by the Board. Announcement • Jan 11
Beijing North Star Company Limited Announces Resignation of LI Xue-Mei as Chairman of the Supervisory Committee Beijing North Star Company Limited recently received a resignation application from Ms. LI Xue-Mei ("Ms. LI"), the chairman of the Supervisory Committee. Ms. LI, who, due to reaching retirement age, applied to resign from her positions of the chairman of the Supervisory Committee and the shareholder representative supervisor. Pursuant to the requirements of the Company Law of the People's Republic of China, the Articles of Association of the Company and relevant laws and regulations, Ms. LI's resignation will not result in the number of members of the Supervisory Committee falling below the minimum quorum and will not affect the normal operation of the Supervisory Committee. As at the date of this announcement, the said resignation has taken effect. The Company will complete the election of chairman of the Supervisory Committee and the shareholder representative supervisor in accordance with the legal procedures to fill the vacancies as soon as possible. Announcement • Dec 30
Beijing North Star Company Limited to Report Fiscal Year 2023 Results on Apr 30, 2024 Beijing North Star Company Limited announced that they will report fiscal year 2023 results on Apr 30, 2024 Announcement • Dec 07
Beijing North Star Company Limited Announces Resignation of Li Yun as Executive Director The board of directors of Beijing North Star Company Limited announces that on 6 December 2023, the Board received a resignation application from Ms. LI Yun, an executive director of the Company. Due to work rearrangement, Ms. LI applied to resign as an executive director, a member of the nomination committee, a member of the strategic committee and the general manager of the Company. According to the Company Law of the People's Republic of China, the Articles of Association of the Company and related requirements, Ms. LI's resignation as an executive director will not result in the number of members of the Board falling below the minimum quorum and will not affect the normal operation of the Board. Ms. LI's resignation application took effect from the date on which it was served on the Board. The Company will complete the election of an executive director, as well as members of the relevant special committees of the Board and the general manager of the Company in accordance with the legal procedures to fill the vacancies as soon as possible. The Company held the 89th meeting of the ninth session of the Board on 7 December 2023, appointing Mr. LI Wei-Dong, Chairman of the Company, to act as the general manager during the absence of general manager, until the date of appointment of a new general manager by the Board. Announcement • Sep 30
Beijing North Star Company Limited to Report Q3, 2023 Results on Oct 31, 2023 Beijing North Star Company Limited announced that they will report Q3, 2023 results on Oct 31, 2023 Announcement • Jul 15
Beijing North Star Company Limited Provides Earnings Guidance for Six Months June 30, 2023 Beijing North Star Company Limited provided earnings guidance for six month ended June 30, 2023. For the period, the company expects Profit attributable to owners of the Company (excluding gains or losses from changes in fair value of investment properties) is estimated to range from RMB 108,000,000 to RMB 112,000,000, as compared with the corresponding period of the preceding year, recording a turnaround from loss to profit. Profit (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the Company is estimated to range from RMB 43,000,000 to RMB 59,000,000, as compared with the corresponding period of the preceding year, recording a turnaround from loss to profit. Announcement • Jan 31
Beijing North Star Company Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022 Beijing North Star Company Limited provided group earnings guidance for the year ended 31 December 2022. Based on the preliminary assessment by the Company's finance department: Loss attributable to owners of the company (excluding gains or losses from changes in fair value of investment properties) for the year of 2022 is estimated to range from RMB 1,071,259,000 to RMB 1,240,743,000, representing a loss as compared with the profit for the corresponding period of the preceding year. Loss (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the Company for the year of 2022 is estimated to range from RMB1,121,257,000 to RMB1,300,744,000, representing a loss as compared with the profit for the corresponding period of the preceding year. Main Reasons for the Estimated Losses in Results for the Relevant Period: The Company's operation of convention and exhibition centers (including hotels) and commercial properties was time and again affected by the pandemic, with conference and exhibition centers, hotels and apartments being in stagnation for a long time, affecting the profit level of the Company. The real estate development segment was affected by macroeconomic regulation and control and settlement cycle changes, the settlement floor area was reduced, and the gross profit quality of the project that can be settled as revenue tended to be low. At the same time, as affected by the market environment, certain real estate projects ofthe Company showed signs of impairment. The Company conducted a preliminary impairment test on its inventories in accordance with accounting standards and expected to make provisions for the impairment of inventories on certain real estate projects, resulting in a comparatively substantial decline in profits for the segment.