Stock Code: 001914 Stock Abbreviation: China Merchants Property Announcement No.: 2026-14 China Merchants Property Operations Services Co., Ltd. Announcement on Reduction of Registered Capital, Addition of Vice Chairman Position, and Amendment to Articles of Association and its Appendices The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions. China Merchants Property Operations Services Co., Ltd. (hereinafter referred to as the "Company") held the fifth meeting of the eleventh Board of Directors on April 2, 2026. The meeting deliberated and approved the "Proposal on Reducing Registered Capital and Amending the Articles of Association" and the "Proposal on Adding the Position of Vice Chairman and Amending the Articles of Association and its Appendices." The Board of Directors agreed to reduce the Company's registered capital and amend the relevant clauses in the Articles of Association pertaining to total share capital and registered capital. Concurrently, in accordance with work requirements, the position of Vice Chairman will be added, and relevant clauses in the Articles of Association and its appendices, the "Rules of Procedure for Shareholders' Meetings" and the "Rules of Procedure for Board Meetings," will be amended accordingly. The specific details are hereby announced as follows:
I. Matters Regarding Reduction of Registered Capital and Amendment to the Articles of Association On November 28, 2024, the Company's third extraordinary general meeting of shareholders in 2024 deliberated and approved the "Proposal on the Scheme for Repurchasing Company Shares Through Centralized Bidding Transactions." It was agreed that the Company would use its own funds or raised funds to repurchase Company shares through centralized bidding transactions on the Shenzhen Stock Exchange system. The repurchased shares would be canceled to reduce the registered capital. As of November 27, 2025, the Company's share repurchase plan had been fully implemented. The Company cumulatively repurchased 6,626,202 shares through the dedicated securities account for share repurchases via centralized bidding transactions. On December 5, 2025, the cancellation procedures for the repurchased shares were completed at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. The Company's total share capital changed from 1,060,346,060 shares to 1,053,719,858 shares. The Company's registered capital correspondingly changed from RMB 1,060,346,060 to RMB 1,053,719,858. Relevant clauses in the Articles of Association pertaining to total share capital and registered capital have been amended.
II. Matters Regarding Addition of Vice Chairman Position and Amendment to the Articles of Association and its Appendices In accordance with work requirements, the Company plans to add the position of Vice Chairman and amend the relevant clauses in the Articles of Association and its appendices, the "Rules of Procedure for Shareholders' Meetings" and the "Rules of Procedure for Board Meetings."
The comparison table of amendments to the Articles of Association, the Rules of Procedure for Shareholders' Meetings, and the Rules of Procedure for Board Meetings is detailed in the appendix. The full text of the amended Articles of Association, Rules of Procedure for Shareholders' Meetings, and Rules of Procedure for Board Meetings will be disclosed on the Juchao Information Network on the same day.