References are made to the announcement of Beijing North Star Company Limited (the “Company”) dated 27 September 2019 in relation to, the Major and Connected Transaction of the Transfer Agreement on Land Use Right of the Asian Games Village, and the announcements of the Company dated 31 October 2019 and 31 December 2019 in relation to Delay in Despatch of Circular (the “Announcements”). Unless otherwise defined herein, capitalised terms in this announcement shall have the same meanings as those defined in the Announcements.

Details：DELAY IN DESPATCH OF CIRCULAR