北辰实业(601588)_公司公告_北辰实业：2025年度可持续发展暨ESG报告_公司公告

北辰实业：2025年度可持续发展暨ESG报告（下载公告）
公告日期:2026-03-28
CONTENTS 目录报告说明领导致辞公司概览可持续发展管理专题一：数智融合，激活产业发展新动能专题二：赋能亚奥，打造潮流活力新地标北辰之治引领合规新航程北辰之绿谱写生态新篇章北辰之情共筑美好新生活未来展望附录强化党建引领完善公司治理恪守合规经营推动科技创新完善环境管理应对气候变化推行节能减排坚持绿色运营构建和谐企业携手伙伴共赢品牌价值引领倾力回馈社会 0203 报告说明报告时间范围与周期报告获取与反馈释义报告组织范围报告准则除非特殊说明，本报告主要描述2025年1月1日至2025年12月31日期间，本公司在环境、社会及管治工作方面的具体政策与表现。由于涉及连续性及可比性，本报告中部分信息内容将根据需要做适当延伸。本报告可在本公司网站、上海证券交易所、香港交易及结算所有限公司披露易网站查阅和下载。若您对本报告有任何疑问、评论或反馈，欢迎发送邮件至northstar@beijingns.com.cn与本公司联系。本报告以重要性为原则界定组织范围。除非特殊说明，本报告所涉及的实质性内容均源自北京北辰实业股份有限公司及旗下分公司及子公司。环境关键绩效指标范围仅包括本公司京内持有型物业，社会关键绩效指标范围包括本公司及旗下分公司及子公司。本报告根据上海证券交易所发布的《上海证券交易所上市公司自律监管指引第1号?规范运作（2025年5月修订）》、香港联合交易所有限公司发布的《香港联合交易所有限公司证券上市规则》附录C2《环境、社会及管治报告守则》以及《中国企业可持续发展报告指南（CASS-ESG 6.0）》。本报告遵循《环境、社会及管治报告守则》有关“重要性”“量化”“平衡”“一致性”汇报原则。请参阅下表以了解本公司如何应用该等汇报原则以准备本报告。北京北辰实业股份有限公司欣然发布第18份《可持续发展暨ESG报告》。本公司董事会及全体董事保证本报告内容不存在任何虚假记载、误导性陈述或重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。本报告旨在向各利益相关方展示与本公司可持续发展相关的环境、社会及管治议题内容，以便各利益相关方更好地了解本公司可持续发展的理念、行动及相关绩效等。本报告以简体中文及英文双语进行编制，如有任何字面歧义，请以简体中文版本为准。编制本报告期间，本公司在专业咨询机构协助下，进行了重要性议题评估，以识别对北辰实业及主要利益相关方而言至关重要的议题。其后，重大议题的相关资料已被收集并有针对性地于本报告中作出披露。另外，本公司的董事会已经知悉重要性议题的评估结果，并且批准了本报告。本公司已在“关键绩效”中提供了有关汇报的排放量/能耗所用的标准、方法、假设及计算工具的资料。本报告中已计量历史数据的关键绩效指标。本公司已定下减少个别影响的目标，包含实际数字或方向性、前瞻性声明。本报告所载内容反映客观事实，同时披露了正面及负面指标。本公司所采用的数据统计方法与去年一致。北京北辰实业股份有限公司首都会展（集团）有限公司北京北辰地产集团有限公司北京北辰商业管理有限公司北京北辰实业股份有限公司国家会议中心北京北辰实业股份有限公司北京国际会议中心北京北辰实业股份有限公司北京五洲大酒店北京北辰实业股份有限公司五洲皇冠国际酒店北京北辰实业股份有限公司北辰洲际酒店北京北辰实业股份有限公司公用设施管理分公司中国国际服务贸易交易会环境、社会及管治碳达峰、碳中和目标《2025年可持续发展暨ESG报告》 2025年1月1日至2025年12月31日本公司在北京约120万平方米持有型物业北京市人民政府国有资产监督管理委员会中国共产党北京市委员会北京市人民政府北京市人力资源和社会保障局北辰实业首都会展北辰地产北辰商管国家会议中心北京国际会议中心北辰五洲大酒店五洲皇冠酒店北京北辰洲际公设公司服贸会 ESG“双碳”目标本报告报告期、本年度京内持有型物业北京市国资委/市国资委市委市政府市人社局重要性量化平衡一致性汇报原则全称本公司的原则应用简称报告说明 0405 领导致辞公司概览岁月沉淀实力，征程书写荣光。2025年是“十四五”规划收官、“十五五”规划谋篇布局的关键之年。北辰实业始终以习近平新时代中国特色社会主义思想为指导，认真贯彻党的决策部署，坚持以协同凝聚合力、以创新驱动发展、以实干彰显担当，在赋能产业升级、践行生态保护、助力社会共建的道路上稳步前行。这一年，我们深耕主业，全面提升经营质效。北辰实业持续巩固会展主业优势，聚焦会展全产业链布局发力，并依托在会展领域积淀的深厚底蕴与丰富资源，引领带动会展配套设施服务的品牌价值提升与地产转型探索，两大主业协同发展、相互赋能，在持续深耕中形成更具韧性的业务体系，实现经营质量与综合效益的同步提升。这一年，我们精进治理，护航企业稳健发展。北辰实业坚持以高效治理引领企业稳健前行，通过党建领航把准治理方向，持续完善现代公司治理体系与运行机制，将合规经营深度嵌入决策运营全流程，稳步推进数字化转型，不断提升ESG治理水平，为公司长远发展提供坚实保障。这一年，我们逐绿前行，着力构建低碳未来。北辰实业坚定践行绿色低碳发展理念，系统推进环境治理体系优化完善，将气候变化深度融入核心战略以应对挑战，深入推进节能技术改造与能源结构优化，全面践行绿色运营以构建可持续的产业生态，以务实行动为建设美丽中国注入强劲动能。这一年，我们勇担责任，主动创造社会价值。北辰实业始终将社会责任深度融入公司发展，着力构建企业与职工协同共进的发展共同体，主动携手合作伙伴共同构建开放共赢的协作网络，坚持以高品质服务与产品回馈客户信赖，同时积极投身乡村振兴与社会公益，以实际行动传递企业温度、贡献社会价值。山海寻梦，不觉其远；前路迢迢，阔步而行。2026年是扎实推进“十五五”规划开局起步的关键一年，也是锚定新战略目标、夯实高质量发展根基的攻坚之年。北辰实业将围绕“国际一流的会展品牌企业国内领先的复合地产品牌企业”愿景，以战略协同凝聚发展共识，以改革创新激发内生动能，以务实举措推进业务拓展，聚力开创卓越发展新征程。公司简介核心理念北辰实业核心业务涵盖会展及配套设施服务、房地产开发，两大主业互为依托、相互赋能、共同发展。会展及配套设施服务以首都会展与北辰商管为依托，首都会展大力整合会展资源，不断强化会展产业新业务、新技术的外延扩张，积极推进会展全产业链布局，已成为中国国际服务贸易交易会专业运营商、高端国务政务活动服务商、首都国际会展产业发展的重要载体，承担着聚焦首都城市功能定位、培育首都会展核心竞争力的职责使命，助力北京“四个中心”功能建设和国际消费中心城市建设，并致力于打造“国内领军、国际领先的会展产业链链主企业”。北辰商管统筹开展会展配套设施服务，以产业思维做实资产运营，对公司持有的写字楼、公寓、综合商业等多业态资产进行专业化资产运营和物业服务管理，积极服务北京国际科创中心和全球数字经济标杆城市建设，打造具有北辰特色的资产运营管理模式和物业管理标准体系，树立北京亚奥商圈资产管理新标杆。房地产开发业务以北辰地产为依托，已形成多区域多层级的全国规模化发展布局，业务涉及住宅、公寓、别墅、写字楼、商业等多元化、多档次的物业开发和经营。截至报告期末，公司开发项目及土地储备分布在京津冀、长江经济带、川渝城市群、海南自贸港以及粤港澳大湾区等15个核心城市。《北京市属国企环境、社会及治理（ESG）蓝皮书（2025）》北京市属国有控股上市公司十佳报告《北京市属国企环境、社会及治理（ESG）蓝皮书（2025）》北京市属国有控股上市公司ESG十佳案例2025中国房地产综合开发专业领先品牌－复合地产2025年度财联社“致远奖”之“ESG先锋企业” 金曙光?市值管理奖2025年高质量发展领军企业 2025.9北京市国资委2025.92025.102025.122025.12 中国房地产TOP10研究组财联社《证券市场周刊》财经网荣誉名称获奖时间授予单位年度荣誉北辰实业企业愿景国际一流的会展品牌企业国内领先的复合地产品牌企业企业宗旨回报股东奉献社会珍惜员工企业使命服务国际交往筑造理想空间核心价值观忠诚担当同创共美领导致辞 / 公司概览 0607 会展优秀实践案例智慧场馆创新奖环境、社会和公司治理（ESG）管理体系认证证书HYROX卓越合作场地ICCA荣誉致谢奖2024年度中国最具竞争力专业会展场馆智慧场馆创新奖2025会奖之星?最具影响力会议中心成员单位2025福布斯旅行指南推荐酒店2025福布斯旅行指南认证社会责任酒店绿色旅游饭店金树叶奖2025米其林星钥酒店精选推荐酒店 2025年优秀理事单位2025会奖之星?最具影响力会议中心亚运村东大门修缮及照明更新工程2024 年度“优秀照明工程”二等奖金坐标?年度数智化运营领先企业 2025年度创新商业资管企业金鼎奖·2025年度商业标杆影响力项目 2025年度文化艺术商业地标 2025年度城市精致生活地标北京市“安康杯”竞赛优胜单位中国展览馆协会CEIDIC 2025中国会展业数字化与创新大会 HYROX全球组委会国际大会及会议协会（ICCA）中国会展经济研究会中国会展业数字化与创新大会第十七届中国会议产业大会（CMIC 2025）互联网3.0应用场景研究院全国旅游星级评定委员会《酒店婚礼HotelWedding》杂志、《中国酒店传媒网cnhotelnews》及EliteStyle游榜中国旅游饭店业协会第十七届中国会议产业大会（CMIC 2025）北京中建协认证中心有限公司《福布斯旅游指南》《米其林指南》第20届中国商业地产节北京市总工会、北京市应急管理局、北京市卫生健康委员会万商年度泛商业创新大会中国商业联合会商业地产工作委员会等机构知名生活方式媒体“北京gogo”知名生活方式媒体“北京潮生活” 北京照明学会 2025.112025.22025.4 2025.102025.112025.122025.11 2025.32025.52025.5 首都会展国家会议中心北京国际会议中心五洲·会议中心北京北辰洲际最美婚礼场地五洲皇冠酒店长沙北辰国际会议中心北辰商管北辰商管北京北辰荟项目 2025.102025.112025.112025.22025.112025.32025.22025.62025.9 2025.112025.112025.112025.11 荣誉名称荣誉名称获奖时间获奖时间获奖企业/单位获奖企业/单位授予单位授予单位会展企业商管企业可持续发展管理管理架构议题管理北辰实业高度重视ESG管理，由董事会统筹领导ESG相关工作，负责监督公司ESG工作推进情况，完善相关制度体系建设，研究审议包括环境、社会及治理在内的ESG规划与重大事项，指导并评估ESG绩效及信息披露等工作；公司管理层深度参与ESG决策与推进，董事会工作部负责ESG工作牵头协调，各职能部门及辖属企业是ESG工作的实施主体，负责分解落实ESG指标、识别管理相关风险与机遇，并参与内外部沟通与能力建设，系统推动ESG融入日常运营，保障公司ESG战略有效落地。北辰实业严格遵循监管机构对双重重要性议题的识别与披露要求，结合全球可持续发展趋势、公司战略方向及利益相关方诉求，系统性开展议题识别、评估与确认工作。董事会负责指导公司整体的运营和业务发展策略，对ESG事宜进行总体监管：（1）主要负责审议本公司ESG方针与策略（2）参与ESG事宜决策（3）审批ESG报告，确认重要性议题评估结果，检视ESG相关目标的完成情况及ESG风险管理情况，并解释ESG 事宜与本公司业务的联系董事会秘书负责对ESG报告进行审阅，向董事会进行汇报董事会工作部在各职能部门与本公司旗下企业开展数据及资料收集工作，深入了解ESG相关事宜的推进情况，撰写本报告可持续发展管理北辰实业ESG信息披露工作职责：实质性议题确定流程：梳理企业内外部环境现状及可持续发展趋势，并识别核心利益相关方的诉求与期望综合自身业务现状与行业发展特点，通过内外部的沟通、研判与比较等工作，开展从影响程度和财务相关性两个维度对议题进行重要性评估通过标准对标、政策解读及行业比较，识别、筛选与公司相关的可持续发展议题构建双重重要性评估矩阵，完成议题审议批准及信息披露工作背景分析议题梳理议题分析审阅披露 0809 ESG管理体系建设利益相关方沟通北辰实业扎实开展ESG体系建设工作，优化ESG治理架构，明确职责权限，积极开展专项ESG培训提升全员认知，并大力推动ESG管理体系认证工作致力于将ESG要求融入战略与运营全流程，推动ESG从管理实践向长效价值创造转化，助力企业可持续发展。北辰实业始终聚焦利益相关方核心关切，持续加强常态化、多元化沟通机制建设，在可持续发展进程中凝聚各方共识。依托规范信息披露体系，回应利益相关方诉求，构建双方互信、高效协同的沟通生态，持续提升可持续发展能力，致力于实现多方价值的共创与共享。国家会议中心启动ESG专项培训国家会议中心荣获国内首家ESG认证会展场馆客户服务热线客户满意度调查社交媒体宣传客户座谈会职工访谈职工代表大会职工关爱活动投诉信箱电话访谈现场考察供应商大会战略合作新闻发布会媒体访问年报及ESG报告年度及中期业绩发布会新闻稿及刊物传媒查询社区活动参与慈善公益捐赠乡村振兴社交媒体宣传开展环保行动宣贯环保理念实施“双碳”行动参加会议定期汇报接受监督论坛及交流项目股东大会公司网站投资者专栏投资者关系热线年报及ESG报告投资者调研上证e互动投资者集体接待日策略会遵守法律法规促进就业诚信守法经营支持地区发展创造市场价值降低经营风险信息合规披露产品质量安全提供优质服务保护客户隐私遵守行业规范促进产业创新推动行业发展保护职工权益关爱职工健康促进职工发展阳光采购互利共赢共同发展参与社区建设支持社会公益保护生态环境合理利用资源环境社区与非政府组织科研院所行业组织媒体与社会团体供应商职工客户投资者及股东政府及监管机构利益相关方类别利益相关方类别期望与诉求期望与诉求沟通渠道沟通渠道北辰实业主要通过以下内容来判断本公司主要利益相关方：是否已投资或将要投资北辰实业是否对北辰实业的业务运营具有影响力是否在北辰实业的业务产品及服务中占有利益或受到影响等 9.能源利用 10.水资源利用 11.循环经济 12.生态系统与生物多样性保护 13.污染物排放 14.废弃物处理 15.董事会多元化 16.责任供应链 17.助推行业发展 18.绿色运营 19.社会贡献 20.乡村振兴 21.数据安全与客户隐私保护 22.反不正当竞争 23.利益相关方沟通 24.中小股东权益保护对公司财务的重要性 2025年北辰实业双重重要性矩阵同时具有财务重要性与影响重要性的议题具有财务重要性，但不具有影响重要性的议题具有影响重要性，但不具有财务重要性的议题既不具有财务重要性，也不具有影响重要性的议题 25.平等对待中小企业 26.尽职调查 27.科技伦理 7.反商业贿赂及反贪污 8.环境合规管理 1.产品和服务安全与质量 2.绿色建筑 3.创新驱动 4.应对气候变化 5.安全生产 6.员工可持续发展管理 1011 专题一：数智融合，激活产业发展新动能北辰实业牢牢把握数字经济发展战略机遇，推进核心业务数字化转型与智能化升级，促进会展行业上下游资源整合与能力共建，引领行业向数据驱动、智慧协同的发展阶段演进，并通过专业人才引进与全员素养提升并举，全方位构建起支撑产业发展的数字化新生态。打造智慧场馆开拓数字合作北辰实业全面深化会展业务数字化转型，重点聚焦受托管理的首都国际会展中心与国家会议中心二期两大核心场馆，系统构建数字化综合服务场景与智慧运营体系，提升场馆精细化管理水平、资源利用效率及响应能力。北辰实业致力于构建开放协同的数字化合作生态，积极搭建多方参与的合作平台，通过链接政府、企业、高校及科研机构等多维资源，促进优势互补与能力共建，携手开展会展行业数字化转型的前沿探索与创新实践。努力打造行业领先、国际知名的智慧会展综合体。构建了“一中枢、一底座、多系统、全终端”的整体架构，部署了智慧场馆数字平台，开发了涵盖业务运营、场馆运维、智慧服务的20个应用系统，实现了35个智慧化应用场景，全面提升了场馆的智慧化管理水平和业内知名度。自投运以来，整体运行平稳、效果良好，已成功保障机床展、啤酒节、HICOOL峰会等重要展会活动。同时，项目积极参与各类奖项及认证的申报，获得全国智能建筑及居住区数字化标准化技术委员会“2025年智慧园区标准应用五星案例”、2025年北京市国有企业应用场景示范项目、2025年中国会展人大会智慧会展场馆奖、华为智慧园区全球样板点等荣誉。以“智慧会展”数字新技术应用为核心，从用户体验应用、场馆运营管理、关联业务集成、场馆安全管理、数字基础设施、场馆设备管理等方面打造一系列智慧化应用，包括元宇宙看馆系统、虚拟排桌系统、场馆智能运维系统等，依托深度融合的信息化体系，持续提升运营效率与高端服务能力，树立会展行业数字化转型的标杆。 2025年9月23日，北辰联合多方力量倡议成立了人工智能会展生态联盟。汇聚了政府部门、50余家领先企业及科研院校等多元主体，构建起覆盖“政产学研用”全链条的产业生态集群，标志着我国会展产业正迈入“智能生态协同”的新阶段。北辰以实际行动推动会展产业的数智化升级，致力于为全球会展业转型提供“北京样板”。首都国际会展中心国家会议中心二期智联会展·生态共生?成立人工智能会展生态联盟线上展馆场地展示虚拟排桌系统元宇宙看馆系统 IOC智慧运营中心场地示意图人工智能会展生态联盟成立大会专题 1213 2025年10月17日，北辰联合北京邮电大学、北京电信等各方资源，依托数智北京创新中心成立会展消费数据实验室，充分整合公共数据资源、会展行业数据资源、亚奥区域消费数据等资源，通过数字化手段赋能会展产业链上下游，构建“技术、场景、数据、模型、标准、资本”融合的生态平台，探索“文商旅体展”的深度融合，推动行业从传统模式向智能化、精准化方向转型。数智会展·生态融合?组建会展消费数据实验室培育数字人才北辰实业构建以实战为导向、覆盖全员、贯穿全业务链的科技人才培养体系，同步推进专业人才引进与全员素养提升，围绕数据治理、信息安全等关键领域开展系统性培训，增强全员数字化认知与实践能力。未来，北辰实业将坚定以公司“十五五”数字化转型规划作为驱动主业升级与价值增长的核心引擎，深化智慧场馆的场景应用与价值挖掘，构建开放、协同的数字生态，全面加强数字化人才的引进与培育，巩固并提升公司在数智新时代的领先地位与竞争优势。开展数字化与信息管理部门共组织组织完成次党委中心组科技创新专题学习场数字化专题培训余次数字化调研31430 2025年，北辰实业：专题二：赋能亚奥，打造潮流活力新地标北辰实业深度整合亚奥商圈优势资源，依托协同营销与品牌活动两大抓手，持续推动业态创新与消费体验升级，加速“文商旅体展”多业态深度融合与协同发展，全力将亚奥商圈打造成为引领北京消费潮流的新地标、展现首都国际化风貌的新平台。构建亚奥联盟，汇聚发展合力北辰作为“北京亚奥商圈新消费创新联盟”与“北京亚奥商圈发展促进会”两大平台的发起与主导单位，不断健全组织体系、深化协同联动，积极拓展成员单位，丰富区域服务生态的多样性与专业性，为亚奥商圈能级提升提供坚实支撑。北辰发起设立北京亚奥商圈新消费创新联盟，吸纳了北京国资公司、首旅集团、北京银行、中国音乐学院等25家成员单位，全年累计召开四次理事会会议，系统确立组织章程与运行机制，深化成员间的战略协同，促进业态合作与资源共享，推动融合消费场景创新，提升亚奥商圈的发展活力。北辰牵头发起设立北京亚奥商圈发展促进会，汇聚政府部门、文化场馆、龙头企业等32家核心成员，构建起跨行业、全链条的资源协同网络，以“文商旅体展”深度融合激活区域消费新动能，助力区域成长为活力澎湃、多元融合的国际化消费新地标。北京亚奥商圈新消费创新联盟北京亚奥商圈发展促进会亚奥商圈新消费创新联盟一届理事会四次会议专题 1415 2025年3月11日，北辰与中国电信北京分公司（北京电信）、天翼云在国家会议中心签署战略合作协议。同时，北京电信正式加入亚奥商圈新消费创新联盟。三方将以创新引领服务生态，将5G+AI应用到国际展会直播、赛事活动、生活体验等场景中，为九大消费场景创新赋能，赋予5G+AI全场景示范园区的崭新标签，助力亚奥消费提质升级。 “健康环保行亚奥五月红”：5月1日至4日，北辰组织志愿者团队保障“健康环保行亚奥五月红”活动成功举办。此次活动集健康、环保、趣味于一体，将环保理念融入休闲场景，吸引了众多市民游客参与，引领了绿色生活新风尚。 2025年6月27日，北辰与北京广播电视台在国家会议中心签署战略合作协议。同时，北京广播电视台正式加入亚奥商圈新消费创新联盟，双方将深度整合会展经济、媒体传播、城市运营等资源，共同激活亚奥商圈消费潜能。企企协同联动，加速数字化升级活力亚奥·精彩纷呈媒企携手合作，打造消费新生态北京电信加入亚奥商圈新消费创新联盟签约仪式北辰与北京广播电视台在国家会议中心签署战略合作协议 2025法国独立沙龙中国展 CMG音乐·国会国韵新年音乐会 “健康环保行亚奥五月红” 激发商圈活力，共建繁荣生态北辰依托自身优势与平台资源，打造并升级多元业态融合的消费新场景，通过创新内容与特色活动，有效带动区域消费增长，为亚奥商圈注入持久动能。未来，北辰将持续深化联盟机制建设，探索创新合作模式与实施路径，强化资源整合与协同效能，不断提升区域综合服务能力与国际化水平，以亚奥商圈为抓手，助力北京打造具有广泛全球影响力的国际交往平台。北京朝阳美食观光巴士中轴专线：7月27日，北辰与朝阳文旅集团联合推出的北京朝阳美食观光巴士?中轴专线首发运营，作为北京首个国企打造的“移动观景餐厅+文化解说”双层巴士，以交通餐饮观光一体化方式串联中轴文旅地标，生动展现首都古韵与现代活力。2025法国独立沙龙中国展：9月13日至15日，“国会国韵”国际文化艺术交流展?2025法国独立沙龙中国展隆重举行，以“中法文化‘超级连接’”为主题，促进两国艺术深度对话与融合，是亚奥商圈联盟资源整合与国际化平台效应的生动体现。CMG音乐·国会国韵新年音乐会：12月29日至31日，CMG音乐·国会国韵新年音乐会圆满举办，为北京“文商旅体展”深度融合矩阵注入高雅基因，进一步营造亚奥商圈的文艺氛围。专题北辰之治引领合规新航程 1617 北辰之治引领合规新航程北辰实业坚持将党的领导、公司治理与合规经营深度融合，构建以党建引领方向、以治理夯实基础、以合规护航发展的三位一体管控体系，持续优化权责清晰、运转高效、诚信合规的治理机制，以高标准治理支撑公司高质量发展。强化党建引领完善公司治理本章回应的SDGs：恪守合规经营推动科技创新北辰之治引领合规新航程 1819 强化党建引领加强党的建设深化理论武装建强组织体系北辰实业坚持以习近平新时代中国特色社会主义思想为指导，紧密围绕新时代党的建设总要求，将党建工作系统融入公司治理与业务发展，坚定不移推进全面从严治党，扎实推动深入贯彻中央八项规定精神学习教育走深走实，不断建强基层党组织和党员队伍，切实把党建优势转化为推动公司发展的强大动力。北辰实业严格落实“第一议题”制度，深化“两个一以贯之”，持续推动党的领导和公司治理深度融合，学习以严的基调推进全面从严治党，着力促进党建与业务深度融合，将党的政治优势、组织优势有效转化为推动业务发展、战略落地与改革创新的实际效能。北辰实业突出抓好理论学习，积极组织开展党的二十届四中全会精神宣讲，推动深入贯彻中央八项规定精神学习教育走深走实，开展学习贯彻习近平总书记关于国有企业改革发展和党的建设的重要论述专题教育，着力引导全体党员干部职工增强“四个意识”、坚定“四个自信”、做到“两个维护”，持续筑牢思想政治根基。北辰实业持续完善党建工作规范化手册（2.0版），明确“三会一课”、组织生活、换届选举、发展党员等工作流程和标准，坚持“基本流程+操作手册+负面清单”一体推进党组织标准化规范化建设，严把发展党员政治标准，加大在高层次人才、基层一线职工等重点群体发展党员力度，并积极开展党支部书记培训班、“青马工程”班，持续提升党团骨干的政治素养与履职能力，增强党组织的政治功能和组织功能。北辰实业召开2025年警示教育大会北辰实业举办“国会国韵红心向党”庆祝中国共产党成立104周年音乐会北辰实业举办2025年党支部书记培训班北辰实业开展2025年度党员集中轮训构建“双向进入、交叉任职”的领导体制常态化推进党建入章工作动态优化党组织前置研究讨论重大事项清单深入开展群众身边不正之风和腐败问题集中整治完善全面从严治党（党建）考核体系，建立“基础+重点+亮点”框架，实施“一企一单”差异化考核，并将考核结果纳入年度业绩考核，强化“指挥棒”作用开展党风廉政建设“宣教月”“以案为鉴、以案促改”警示教育大会等活动，推动廉洁理念融入日常管理、嵌入业务流程在重大任务与日常经营中充分发挥基层党组织战斗堡垒和党员先锋模范作用，通过青年人才培养、产业链协同、党建共建等载体促进业务创新，推动党建与经营双向赋能、一体发展融入公司治理全面从严治党党建业务融合共开展党的二十届四中全会精神宣讲累计开展中央八项规定精神学习专题党课场次次12934996 2025年，北辰实业及分子公司：北辰之治引领合规新航程 2021 完善公司治理规范治理架构优化治理机制落实国企改革北辰实业严格遵循《中华人民共和国公司法》等相关法律法规，全面落实《上市公司治理准则》等监管要求，建立并坚持完善权责明晰、运转高效、制衡有效的现代化治理体系，持续深化国企改革，有力促进公司高效运作、稳定运行。北辰实业不断完善公司治理架构，董事会下设审计、战略、薪酬与考核、提名、法律合规五个专门委员会，各专门委员会依照职责权限有序运行，为董事会科学决策、精准规划提供坚实有力支持。北辰实业董事会现由8名成员组成，其中5名内部董事、3名独立董事。北辰实业系统优化公司治理机制，通过明晰权责配置、健全决策与授权机制、构建精准化考核体系、完善董事会运作程序、提升数字化管理水平、强化关键岗位人员能力素养以及保障股东权益，有效促进公司整体治理能力跃升。北辰实业坚决贯彻关于深化国企改革的各项决策部署，锚定高质量发展目标，围绕优化发展格局与激发内生动力，持续深化改革攻坚，确保各项改革任务取得扎实成果，实现长效发展。明确权责边界：修订公司“三重一大”决策制度与《董事会议事规则》，优化董事会及专委会职责，细化董事长职权，规范董秘管理，厘清各治理主体权责加强数字化管理：聚焦管理制度化、制度清单化、清单信息化，建立并维护好“三重一大”决策和监管系统以及董事会工作系统健全考核机制：制定董事会对经理层的差异化考核方案，强化个人与目标绑定；季度检查子企业决策程序与执行情况，督促问题整改保障股东权益：畅通股东沟通渠道，保障股东知情权与参与权规范董事会运作：认真筹备董事会会议和专委会会议，加强与独立董事沟通，规范会议召集、审议和决策程序，加大对决策执行情况的跟踪督导力度规范授权体系：根据实际调整年度董事会向总经理授权方案与清单，落实总经理报告机制提升履职能力：组织针对派出董事的专项培训优化产业布局提升活力效率系统梳理各业务板块最新战略定位与核心需求，对管理架构进行迭代升级，重点强化会展作为第一主业的核心地位，构建主业突出、多板块协同发展的现代化产业体系。会展产业实现全链条协同升级，深化上游主承办能力，在圆满举办既有项目的基础上，成功开拓北京半程马拉松博览会、IASP世界大会等新项目，拓展中游运营管理规模，创新下游专业服务布局，打通会展业务的价值闭环。会展配套设施服务业发展稳健，管理质效持续提升，顺利完成北辰中心、北辰荟等项目的平稳接管，高效承接辰运大厦及奥林匹克塔项目；通过政策优化与机制创新激发经营活力，实现品牌升级与IP打造；紧扣数据产业集聚目标，通过举办活动与硬件升级扩大园区影响，完善园区生态。地产板块进一步加强区域整合，构建以“大服务”为理念引领、以“双改”（城市更新改造、高品质改善产品）为核心驱动力的“一核两翼”新战略格局，将自身发展深度融入城市进化脉络，实现从单一“空间建造者”向“综合生活服务商”与“城市运营伙伴”的价值蜕变。成功举办“仲满杯”击剑公开赛、北京国际燕京啤酒文化节等活动，深化“北京亚奥”与“长沙滨江”南北商圈合作，在推动资源共享、数据联通、汇智聚力方面务求实效，促进“文商旅体展”多业态综合发展，构建更具韧性的产业生态体系。全面推进“三项制度”改革走深走实，深化市场化经营机制改革，围绕干部能上能下、员工能进能出、收入能增能减和加速人力资源数字化建设制定改革任务，强化绩效考核与薪酬激励的精准联动，推动管理人员竞争上岗与末等调整机制全覆盖，积极探索中长期激励模式，加强年轻干部队伍建设，全面提升内部活力。会展及配套设施服务地产会展+ IASP世界大会红橡墅项目集中交付业绩亮眼长沙北辰滨江商圈新生活创新联盟正式成立，激活“文商旅体展”多元业态融合新消费长沙北辰荟焕新升级北辰之治引领合规新航程 2223 恪守合规经营落实合规管理防控合规风险北辰实业将合规要求融入运营管理全流程，系统推进法律、合规、内控与风控“四位一体”的协同运作机制，通过健全制度、强化执行、持续监督以及文化培育，确保各项经营活动严格遵循合规准则。北辰实业持续完善合规管理体系，全面推进法治建设，系统强化知识产权保护与信息披露质量，推动合规管理迈向系统化、标准化、常态化新阶段。北辰实业坚持以“管理有序、管控有效、协同有机”为目标，深入推进合规风险防控工作，实现覆盖范围横到边、管理幅度纵到底，持续提升风险管控能力。健全合规体系加强信息披露完善法治建设保护知识产权严格遵循公司《合规管理办法》《合规行为准则》等制度要求，通过系统规划、专项部署、定期检查与闭环整改，深化合规审查与管控优化，确保合规管理机制持续有效运行并不断迭代完善，同步开展专项合规培训与宣教，推动全员签署《合规承诺书》，营造主动合规的良好氛围。严格按照沪港两地监管要求，规范并及时完成公司定期报告及董监高变更、财务资助及融资担保、控股股东增持、估值提升计划、市值管理等重大事项临时公告的编制和发布工作，认真做好信息披露。截至2025年底，共发公告262个，其中A股102个，H股160个。不断深化“法治北辰”建设，编制《“十五五”规划法治建设初步思路和发展建议》《法治建设管理办法》，健全“一企一策”考核评价机制，促进“规范化、系统化、标准化、智能化”法治建设数字化转型，提升法治效能；同时，深化总法律顾问制度，加强法律专业人才队伍建设，并通过开展民法典宣传月、法治文化作品征集等主题活动与专项培训，增强全员法治意识。完善知识产权管理体系，不断加大知识产权保护力度，持续提升“北辰”品牌的价值与影响力。2025年，提起3件商标注册申请、1件商标异议，积极应对北辰第39类商标撤三事项，核心商标“北辰”成功被认定为“北京知名商标品牌”，覆盖第36类及第41类商标服务项目，紧密契合公司在不动产及商业物业开发与运营领域的主营布局和在会展及文娱活动组织板块的业务拓展。全系统专职法务人员资格到位率全系统法律人员共计完成参训总人数达人课时“律盾”法律人才培训课程余人5182.3540160 2025年，北辰实业： % 构建由主要负责人领导、首席合规官牵头、相关部门和企业协同配合的合规风险报告和应对机制定期组织召开风险管控工作领导小组会，分析研判资金监管政策及市场环境、公司资金情况、融资情况以及公司风险事项将合规要求嵌入内部控制流程，将合规管理措施嵌入内控矩阵跟踪宏观政策调整、行业监管新规等关键风险动态，及时发布风险提示与应对指引定期识别重要风险，更新《合规风险清单》评估不同领域合规风险等级，同步评价管控措施的有效性，调整《内部控制手册》并组织制定管理完善计划梳理年度部室职责、岗位工作的调整变化，结合风险识别情况，更新《重要岗位职责清单》围绕公司战略和中心任务，制定新一轮对辖属企业内控监督评价“三年全覆盖（2025-2027）”工作方案通过书面评估、现场穿行等方式，评估新业务、新企业合规风险监测防控落实情况加强对重要企业和重要事项的风险管控，加强关键指标监控，保持企业整体资本结构稳健完善制度体系风险监测与识别压紧责任考核北辰之治引领合规新航程 2425 严守商业道德北辰实业对违反商业道德的行为始终坚持零容忍态度，通过制度保障与文化引导相结合，确保各项工作在规范、透明、健康的轨道上稳健运行。治理数字化转型重点项目战略指标与目标影响、风险和机遇管理北辰实业严格落实《中华人民共和国公司法》《中华人民共和国反不正当竞争法》等法律法规要求，建立健全公司《合规管理办法》《合规行为准则》等制度体系，并通过严格考核推进反商业贿赂反贪污、反不正当竞争工作落实。北辰实业已完成集中采购平台、“辰E家”一期、财务系统升级、资业财一体化等重点项目建设，云上数字基础设施、本地数字化基础设施及数据底座逐步完善，受托管理的首都国际会展中心与国家会议中心二期作为智慧场馆标杆已投入运行并取得阶段性成效。北辰实业坚决反对和禁止任何形式的商业贿赂，审慎开展对外捐赠与赞助的评估工作，设立并畅通举报与投诉渠道，鼓励并保护职工、合作伙伴及其他相关方就违规行为进行举报，防范潜在风险；积极组织反商业贿赂及反贪污、反不正当竞争教育培训，强化全员廉洁意识与职业操守，全面营造风清气正、公开透明的商业环境。北辰实业将持续完善反商业贿赂及反贪污治理体系，健全关键领域、重点环节的监督与审查机制，积极开展廉洁教育，努力实现廉洁风险动态清零。年度雇员接受反腐倡廉相关培训职工人数涉及关于贿赂、勒索、欺诈及洗钱案件汇报期内对公司或雇员提出并已审结的贪污诉讼案件数目 6084人次0宗0宗开展工程领域专项治理、深化招投标突出问题整治、规范差旅报销管理，常态化开展廉洁教育，筑牢风险防控体系随着监管政策日益收紧，公司面临的廉洁与合规风险日趋复杂，若在变更洽商、合同签订、招标工作、差旅报销等环节出现合规问题，可能导致运营效率降低或面临监管处罚贪污舞弊风险风险影响应对措施 2025年指标推动科技创新治理战略北辰实业系统构建创新驱动发展体系，通过完善顶层治理机制、强化战略协同，统筹推进数字化转型与产业创新，以科技赋能业务升级与价值增长。北辰实业坚持完善网信工作领导体系，发布“1+5”数据管理制度，推进“四平台、两基础底座、两标杆”数字化建设重点工作，组织数字化对标评估，对30余个管控及业务系统进行全面诊断与优化规划，为“十五五”期间对标一流、提升数字化能力奠定扎实基础。数据管理成熟度达到国家DCMM稳健级（甲方三级）水平北辰实业数字营销平台“辰E家”正式发布 2025年，北辰实业：数字化转型成熟度达到国家DLMM场景级（三星级）水平荣耀见证北辰之治引领合规新航程 2627 案例2025年，北辰实业以启动司库体系建设、升级财务信息系统平台为工作重点，以数字化手段为抓手，持续推进各类口径数据的标准化工作，提高财务系统与非财务系统之间的集成度，跨层级、跨部门、跨系统的数据交换和整合效率得到大幅提升。同时重视提高财务系统的算力效率，拓宽数据处理和分析的深度和广度，深度挖掘财务系统应用的业务场景，充分释放数据价值，提升财务管理水平。北辰实业以数字化转型提升财务管理效能产业数字化数字产业化北辰实业大力推动产业数字化发展，服贸会数字平台实现功能优化与智能化服务拓展，北极星会员体系加快构建跨业态积分生态，助力客户价值深度运营，会展数据消费实验室积极推进行业数据应用与商业模式探索，以数智赋能扎实推进产业转型。北辰实业围绕数字产业化战略，系统开展政策研究、技术路径规划、区域产业调研、架构设计和财务测算等方面的可行性研究，组建北京北辰大都会展数智科技有限公司，推动数据要素价值转化与数字业务规模化发展。影响、风险和机遇管理指标与目标调研头部企业与战略伙伴，研判趋势，明确技术方向以“小步快跑、试点先行”模式对新技术进行验证，成熟后推广规划专项资源，保障系统平滑迭代，降低转型影响聚焦核心场景，打造差异化数字产品与服务紧跟市场需求变化，动态优化服务与运营，提升客户满意度与黏性数字化技术迭代迅速，若未能及时跟进前沿技术应用，可能导致现有系统与业务需求脱节，制约运营效率提升技术路线的不确定性可能增加转型投入并延长转型周期，影响转型进度随着数字经济快速发展，会展、商管等领域的数字化竞争日趋激烈，公司数字产业化业务面临来自跨界及同行的市场挤压风险技术挑战市场竞争风险风险影响应对措施北辰实业将以“十五五”数字化转型规划为引领，统筹实施“春苗”行动计划，全面推进总部管控系统信创改造与下属单位非信创系统、终端及数字基础设施升级，进一步加速数字化转型进程。有效专利总数研发投入 5项 0.78亿元 2025年指标 2726 北辰之绿谱写生态新篇章 2829 北辰之绿谱写生态新篇章北辰实业将生态文明理念深度融入经营发展，完善环境治理体系以筑牢环保根基，锚定“双碳”目标积极应对气候挑战，在运营中深挖节能潜力、拓展减排成效，并协同供应链共建绿色生态，全面构建绿色低碳、环境友好的发展新范式。完善环境管理应对气候变化本章回应的SDGs：推行节能减排坚持绿色运营北辰之绿谱写生态新篇章 3031 完善环境管理应对气候变化治理治理战略战略指标与目标影响、风险和机遇管理北辰实业坚持完善环境治理制度体系，扎实推进重点环保工作落地实施，有效防范环境风险，不断提升全员环保能力与专业素养，全方位优化环境管理效能，为公司绿色低碳转型提供坚实保障。北辰实业积极响应国家“双碳”号召，系统构建并持续完善气候变化治理体系，科学评估气候风险与转型机遇，制定并实施针对性举措，将低碳转型融入长期发展战略。北辰实业以《中华人民共和国环境保护法》等法律法规为根本遵循，依据最新要求修订完善《节约能源管理办法》《环境保护管理办法》，强化环境管理的规范性、合规性，夯实环境管理体系与制度基础。北辰实业建立碳达峰碳中和领导小组，负责组织、协调、推进、落实“双碳”具体工作，办公室设在安全与工程环保部，与各子企业协同联动，系统推进气候变化应对、碳减排路径落实与低碳转型相关工作。北辰实业不断优化环境风险防控机制，常态化开展环境隐患排查与整治，持续提升环境突发事件应对能力，全面防范各类环境风险，同时积极组织开展环保专项培训，提升相关岗位人员的专业能力，并结合常态化宣教，深化全员环保意识。北辰实业将持续深化环境管理体系建设，强化风险管控机制，进一步加强节能环保专项培训与绿色理念宣导，努力推动环境风险动态清零，牢牢守住环境风险防线。北辰地产、五洲·会议中心张贴环保宣传海报碳达峰碳中和领导小组北辰实业绿电购买证书安装在线扬尘监测设备，实现对颗粒物浓度的实时监控制定并严格执行施工时间管理规定建立分类收集、合规运输、定点处置的全流程管理，确保所有环节符合环保法规要求设置环评管理专员，系统跟踪环保法规、政策及地方标准的最新动态，确保项目始终符合现行规定污水、废气、扬尘或噪声若超标排放，可能导致行政处罚、项目施工许可被暂停、声誉受损及舆论压力等多重风险若未遵循规范流程处理废弃物，易引发土壤与水体污染若未能依法取得或及时更新建设项目环评文件，可能导致项目无法合法开工或继续建设排放物超标年度环保投入涉及非法向环境排放污染物的案件涉及对自然环境造成破坏的案件万元宗宗废弃物处理不规范项目准入风险指标风险影响单位2025年指标应对措施组长常务副组长副组长成员公司党委副书记、总经理分管安全与工程环保部的副总经理分管各下属单位的副总经理和高级管理人员安全与工程环保部、办公室、党委宣传部、财务资金部负责人各下属单位主要负责人落实“双碳”行动北辰实业认真落实碳达峰行动方案，定期跟进碳达峰碳中和重点项目进度，积极响应绿电政策，持续扩大绿电采购规模，并依托科技创新，构建数字化、智能化的能碳管理体系，全方位助力减碳目标实现。2025年，北辰实业共购买绿电1049.3万度，折合二氧化碳减排量6337吨。北辰之绿谱写生态新篇章 3233 打造绿色建筑创新碳中和会展北辰实业严格对标绿色建筑认证标准，积极应用低碳环保技术，系统降低建筑全生命周期碳排放，着力打造高品质绿色低碳建筑产品。优先选用符合环保标准及绿色认证的建材，推行装配式施工工艺，建立建筑废弃物分类回收利用体系，选用本地建材降低运输碳排放景观规划中优先选用乡土植物，融入海绵城市设计以增强碳汇能力，降低建筑碳足迹通过优化建筑朝向、窗墙比及围护结构设计，充分利用自然采光与通风，减少采暖和制冷负荷；采用高效节能设备、可再生能源系统，搭建能耗监测与智能调控平台，降低建筑运行能耗与碳排放北辰实业将低碳发展理念系统融入会展项目的全流程管理，聚焦关键环节，推进碳减排措施的创新与落地，积极探索可量化、可实现的碳中和会展实施新路径。指标与目标北辰实业将继续以“双碳”目标为引领，全面落实碳达峰行动方案与“十五五”规划，坚持跟踪监控碳排放情况，统计并披露相关指标，进一步提高气候风险应对及管理能力。温室气体排放总量直接排放量（范围一）间接排放量（范围二）持有的树木减排量每平方米楼面面积温室气体排放量（范围一及二）绿色建筑证书公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量个 59429 58531 0.1156 指标单位2025年指标影响、风险和机遇管理建立政策跟踪研判机制，主动参与行业标准讨论提前规划并投入研发，布局低碳、绿色建筑、零碳转型关键技术与顶尖高校、科研机构共建产学研平台，跟踪前沿技术制定传统技术升级路线图，系统提升能源与资源利用效率加快推出“绿色产品线”全面提高产品与服务的绿色认证等级与覆盖率建立常态化的ESG信息披露机制逐步推进发布独立验证的碳中和进展与减排绩效报告制定针对不同灾种的专项应急预案加强气象监测与预警全面推广节水技术与智能能耗管理系统政府推出更严格的政策易导致合规成本增加绿色低碳技术迭代加速，创新周期缩短，传统技术面临淘汰风险客户对绿色建筑需求提升，市场竞争加剧若未达碳中和目标，可能损害公司品牌形象与公信力，并导致ESG评级下调，影响投资者信心极端天气（如暴雨、大风）影响持有物业和改扩建工程项目施工安全与进度长期高温、干旱加剧水资源供应压力，影响建筑能耗政策与法律技术市场声誉急性慢性转型风险物理风险风险类型风险影响应对策略北京绿色交易所颁发2025中国会展业数字化与创新大会碳中和服务认证授牌北京绿色交易所颁发2025年中国国际服务贸易交易会碳中和证书 2025世界燃气大会碳中和证书案例在2025年世界燃气大会期间，北辰实业受托管理的国家会议中心二期与北京市节能环保中心合作，构建“会前减排—会中管控—会后中和”的全流程碳中和体系，主动对接专业技术团队对会议全流程的碳排放进行系统盘查，最终通过“2024年北京绿色生活平台快电新能源车充电减碳场景”产生的碳普惠减排量抵消了4544.76吨二氧化碳当量，实现会议碳中和，拓展了绿色低碳理念的实践路径与社会影响力。北辰实业获2025年世界燃气大会碳中和证书环保建材节能设计生态融合北辰之绿谱写生态新篇章 3435 推行节能减排节约能源资源北辰实业坚持以绿色发展为导向，系统实施节能技术改造与管理优化，推进能源结构调整与利用效率提升，同时强化污染物源头控制和全过程治理，努力实现经济效益与环境效益的协调统一。北辰实业深入贯彻节能环保总体部署，建立健全长效管理机制，系统推进技术升级与模式创新，持续深化节能专项工作，推动能源资源整体利用效率提升。2025年，北辰实业能源消耗总量15310吨标准煤，同比2024年15682吨标准煤，下降2.4%。设备改造：开展制冷机组、水泵、扶梯等高耗能设备更新与变频改造精细运行：精准调控供冷/供热系统，根据气温、客流及会议安排动态调整运行策略；加强设备巡检与维护，杜绝“跑冒滴漏”，建立能耗异常监测与溯源整改机制智能系统：推广智能能源管理系统，实时监测能耗数据环保材料应用：明确要求参展商减少使用一次性搭建物料，鼓励复用上届展会公共设施食材边角料二次利用：对食材边角料开展创意化加工，例如将西蓝花根茎制作成开胃小菜、将豆腐渣蒸制成馒头，提升食材利用率减塑行动：实施一次性塑料制品全面禁用政策，会议茶歇、餐饮服务均采用可降解餐具及可循环利用的玻璃杯、陶瓷餐具，联合合作伙伴推广“自带水杯”行动，在公共区域科学布设充足直饮水点无纸化会议：通过场馆专属APP、小程序和数字导览系统，实现会议议程、资料、通知等内容的电子化发放与查阅，减少纸质文件的印制与使用设备管理：使用节水型器具；对供水系统进行常态化巡检与即时维修，严防跑冒滴漏循环利用：积极推进水资源循环利用，如对冷凝水进行回收利用，采用中水回用系统等，提高水资源利用效率能源管理物料管理水资源管理锅炉改造前后智能配电管理系统冷水机组改造前后循环水泵改造前后案例案例 2025年，五洲皇冠酒店进行了三大项节能改造项目，可实现年节电量16.67万千瓦时、年节燃油8.82吨，年节能量折合标准煤57.69吨，成功获得北京市朝阳区节能减碳专项资金52.15万元。 2025年，公设公司完成智能配电系统安装投运，搭设智能配电管理主站，为亚运村、国会区域采集点位加装远程抄表装置，实现该区域电能数据远程集采与实时监控，形成量化分析成果并输出重点能耗分布曲线与占比，提出科学用电建议，为节能工作与后续针对性节能改造提供数据支撑。燃油锅炉改造：将原有的4台高耗能燃油锅炉全部替换为3台385千瓦全自动电热水锅炉，并同步升级供电系统，实现了备用热源系统的清洁化转型，显著提升能源使用的环保性。冷水机组改造：将能效低下的1号冷水机组更换为2039千瓦制冷量、 390.9千瓦功率的一级能效离心式冷水机组，并为2号机组加装变频器、3号机组更换冷凝器，全面提升系统能效与运行灵活性。循环水泵升级：对长期运行能效下降的循环水泵进行全面升级，共更换9台高效水泵（包括冷冻泵、冷却泵、供暖循环泵各3台），显著降低输送能耗，提升系统整体能效。五洲皇冠酒店开展三大节能改造项目公设公司搭建智能配电系统北辰之绿谱写生态新篇章 3637 咖啡角围挡采用可循环瓦楞纸板五洲·会议中心张贴节能标识北辰实业受托管理的首都国际会展中心采用智能垃圾桶，优化垃圾收集与处理流程案例北辰实业携手亚洲基础设施投资银行（亚投行）第十届理事会年会主办方，构建起覆盖会议全流程的绿色体系，从可循环材料的会场布置、可降解餐具的使用，到融合电子与回收材料的标识系统、可循环瓦楞纸板围挡的咖啡角，以及沿用可循环设施的公共区域和醒目的垃圾分类指引，每一处细节均传递出环保理念。同时，场馆配备的600平方米太阳能光热系统，更是通过智能科技与环保理念的融合，构建了现代化高效节能的场馆运营新模式。北辰实业构建全流程绿色会展体系控制污染排放北辰实业系统建立覆盖固体、液体、气体废物及施工扬尘等重点污染物的防治体系，严格执行排放标准，通过动态更新与自查《环境保护设施设备管理台账》《污染源统计台账》，实现对排放源的实时监测和闭环管理，提升污染防治效能，切实降低运营活动对环境的负面影响。2025年，未发生污染物违法违规排放事件。连续多年选择具有专业资质的单位签署危险废物无害化处置技术服务协议，对项目经营过程中产生的废荧光灯管、废铅酸电池、硒鼓等危险废弃物进行无害化集中处置推广使用无磷清洁剂，减少水资源污染前端精准投放：在场馆会议室、餐厅、办公区、客房区等全域配置四分类垃圾桶，餐饮区域餐盘回收处单独设置厨余垃圾、可回收物投放点，张贴图文清晰分类标识，精准引导职工及宾客规范分类中端专业收运与监管：规范收集暂存厨余垃圾，交由政府指定专业处理厂统一收运；对纸张、塑料瓶、金属等可回收物开展二次分拣，交由具备资质的再生资源回收企业规范处理末端数据追踪：全面采集各类垃圾产生量、收运量、处置去向等核心数据，为后续管理优化提供坚实数据支撑北辰商管汇宾汇欣项目部国家会议中心节能管理节水管理绿色出行纸张与办公用品节约坚持绿色运营推广绿色办公开展环保公益北辰实业将绿色发展理念全面融入运营管理，广泛推行绿色办公，积极开展环保公益活动，并以绿色采购为抓手，带动供应链伙伴提升环境绩效，共同构建环境友好型的可持续生态体系。北辰实业编制印发《公共及办公区域节能实施方案》《节能低碳行为规范》等制度文件，加强对能源、纸张及水资源的消耗管控，并结合多渠道、多形式的环保宣传引导，号召全体职工践行简约适度、绿色低碳的工作与行为方式。北辰实业积极组织开展环保公益活动，将生态保护理念转化为具体实践，增强职工与社会公众环保意识，厚植绿色发展文化。办公室照明、空调、电脑做到人走关闭，减少“待机”能耗损失公区照明结合自然采光进行控制，白天尽量利用自然光源，夜间严格执行开闭时间规定在茶水间、卫生间等重点用水区域张贴节水标识提倡使用公共交通工具、骑行或步行，减少公务车、私家车使用频率全面推广电子化办公，减少纸质文件使用打印时双面利用纸张，用过的单面纸收集作为内部草稿纸循环使用合理使用文具，避免采购一次性用品北辰之绿谱写生态新篇章 3839 北京国际会议中心、北辰五洲大酒店、五洲皇冠酒店熄灯前后亚运村中心花园小微湿地国家会议中心熄灯前后案例 2025年3月22日，在北辰实业号召下，多个项目与全球众多国家地标建筑同时熄灯60分钟。亚运村：亚运村园区景观照明提前一小时关闭，节约电能132.46千瓦时，降碳82.19千克。公设公司：将亚运村草坪改造为小微湿地，现有几十种绿植、10余种湿生植物、3~4种鱼类，给园区增加了氧气含量，改善了亚运村园区的生态环境。北京北辰洲际：开展奥林匹克森林公园城市清洁公益活动，参与者在沉浸式感受奥林匹克文化氛围与自然美景的同时，顺手清理烟头、碎纸屑、矿泉水瓶、塑料袋等沿途垃圾，通过实际行动增强环保意识，为打造美丽城市贡献力量。国家会议中心：连续第14年参与地球一小时活动，除了熄灭景观灯及部分室内区域照明，并提前在电子屏播放海报号召职工、客户一起为地球献出一小时。北辰实业参与地球一小时活动落实绿色采购北辰实业将环保理念贯穿供应商管理全流程，明确各环节标准与规范，推动绿色采购从“合规达标”向“主动践行”升级，有效引领供应链合作伙伴协同实现绿色转型。将“是否具备绿色认证”作为供应商筛选的优先条件，优先采购具备中国环境标志、节能产品认证等资质的商品包装物应使用可循环、可降解或无害化处理材料，避免过度包装及有毒有害物质，运输车辆需符合国家及地方排放标准，定期提供环保检测合格证明定期对供应商履约情况进行评估，对不符合要求的供应商进行约谈、督促整改，必要时暂停合作准入筛选过程管理评价考核 3839 北辰之情共筑美好新生活 4041 北辰之情共筑美好新生活北辰实业坚持与各方共创价值、共享美好，秉持以人为本理念，促进职工与企业共同成长，主动携手合作伙伴，共同推动行业协同与进步，持续深耕品牌价值，以优质产品与服务回馈客户信赖，积极投入民生与乡村振兴事业，切实履行责任担当，为社会和谐发展贡献力量。构建和谐企业携手伙伴共赢本章回应的SDGs：品牌价值引领倾力回馈社会北辰之情共筑美好新生活 4243 构建和谐企业凝聚职工合力北辰实业以构建和谐稳定的劳动关系为核心，全面维护职工合法权益，持续完善人才培养体系与职业发展通道，扎实推进职工关怀各项举措，从严强化职业健康保护和安全生产管理，实现职工成长与企业发展同频共振、双向赋能的良性循环。北辰实业始终视职工为公司最宝贵的财富，建立健全以权益保障为基础、以赋能成长为核心、以职工关爱为纽带的综合支持体系，促进职工与企业共同成长，持续增强组织凝聚力与向心力。治理战略北辰实业修订完善《职工薪酬管理办法》《补充医疗保险管理办法》《公司总部职工福利管理办法》等核心制度，全面评估“十四五”人力资源规划实施情况，并围绕市国资委“十五五”发展方向，明确战略目标与实施路径，为人力资源工作奠定基础。北辰实业严格遵守各项内部管理制度，着力构建覆盖全面、执行有力的职工权益保障体系，切实维护职工合法权益，致力于为职工创造平等、包容的工作环境。北辰实业深入践行“人才强企”战略，全面优化人才发展体系，持续加强梯队建设与内部流动机制，构建贯穿职业全周期、多通道并行的成长路径，有效激发人才活力。恪守公开、公平、公正的招聘原则禁止雇用童工及强制劳工建立电子劳动合同管理体系降低医疗保险起付线标准，增加数字化自助服务平台，提高报销结算的时效性和便捷性建立薪酬字典，形成公司统一的薪酬体系，进一步明确薪酬分配导向严格按照总部职工薪酬管理办法规定，及时支付薪酬，未出现逾期支付等情况落实市人社局工资收入内外检查整改要求，规范福利待遇召开公司第四届职工代表大会第四次会议开展企业厂务公开民主管理自查权益保障赋能成长公平雇用薪酬福利社会保障民主管理优化人才“引、育、用、留”全周期管理，对外积极拓展合作，对内搭建内部招聘平台，明确关键岗位基础素质模型，从严把控入职标准，建立健全考核评估机制，将考核结果作为职务聘任与梯队建设的重要依据，严格执行干部选拔“六步走”方案，优化领导班子结构与功能，并着力加强优秀年轻干部的常态化储备与系统化培养，强化组织人才支撑。构建覆盖经营管理与专业技能的人才培养机制，依托“北辰研学院”等平台，分层分类提升核心人才的政治素养、专业能力与领导力，深入实施“工匠计划”，着力培育高技能人才，激发产业工人创新活力，打造支撑公司高质量发展的复合型人才梯队。2025年，北辰成功获评北京市首批“产教评”技能生态链链主单位。优化人才体系重视人才培养案例 2025年6月16日，北辰实业首期青年人才“新锐班”在中国人民大学正式启动。培训围绕深化文化认同与使命担当、系统提升综合能力、强化协同与创新意识三大核心目标展开。60名青年骨干在18天集中培养过程中，完成15门课程学习、团队拓展、领导力沙盘模拟及标杆企业参访，并通过“降本增效协同发展”主题工作坊，推动学习成果落地实践，助力青年骨干成长与业务能力提升。北辰实业组织开展首期青年人才“新锐班” 北辰实业首期青年人才“新锐班” 北辰实业举办职工沙龙，锻炼素质能力北辰与ICCA签署“注册国际商务会展专业人士（CIBEP）”三级认证课程体系合作协议北辰之情共筑美好新生活 4445 北辰实业举办职工心理关爱训练营系列活动北辰实业举办篮球赛北辰实业围绕职工实际需求，精心策划并扎实开展冬送温暖、夏送清凉、暖心助考等形式多样的职工慰问与帮扶工作，切实为职工办实事、解难题，并通过丰富多彩的文体活动，充实职工业余生活，营造温暖和谐、健康向上、团结融洽的工作氛围，持续提升职工幸福感与归属感。截至2025年底，职工互助保障完成各项理赔累计331人次，116万余元。职工关爱审查招聘公告文字表述，建立标准化、结构化的面试流程，规范录用通知内容建立关键岗位继任计划推广内部竞聘与轮岗工作机制根据岗位特质审慎选择用工模式，规范相关用工协议，避免直接管理劳务外包人员招聘过程中易出现歧视带来的法律风险“人岗不匹配”容易导致人才流失率升高核心岗位依赖长期经验积累，可能出现后备人才断层问题各类用工（劳务派遣、外包等）的法律边界不清，可能被认定为事实劳动关系，承担雇主责任人才引进与配置用工模式多元化风险风险影响应对措施影响、风险和机遇管理指标与目标北辰实业将持续优化用工结构与用工模式，完善人力资源配置机制，推进精准招聘与高质量选拔，强化人才与岗位的动态匹配，系统拓宽职业成长通道，激发内生动力，并全面深化职工关怀，提升组织效能。职工人数女性职工占比受训雇员百分比劳动合同签订率社会保险覆盖率人%%%% 4729 42.9 98.76 指标单位2025年指标守护健康安全北辰实业通过完善制度机制、严格执行规范化流程、开展常态化培训，持续提升全员职业健康素养与安全行为能力，努力营造安全、稳定、健康的工作环境。治理战略北辰实业科学构建并坚持完善职业健康安全与安全生产管理体系，扎实推进安全生产治本攻坚三年行动，强化从源头到终端的全过程安全监督，严格落实健康安全责任，夯实安全发展基础。北辰实业高度重视职业健康保障，定期组织全员体检，积极开展职业健康安全培训，优化工作环境并规范劳动防护用品管理与使用，多维度筑牢职业健康安全防线。2025年，参与互助保障送健康知识答题活动职工突破1900人次。北辰实业始终将安全生产作为公司发展的首要任务，坚持从源头防范化解重大风险，推动形成全员参与、全流程覆盖、全方位落实的风险防控机制，切实提升本质安全水平。2025年，北辰实业荣获市管企业“平安北京建设考核优秀单位”荣誉称号。职业健康安全生产北辰商管创新“安全家书”形式，推动安全文化融入员工家庭针对高层建筑、大型商业综合体及会展场馆等重点运营场景，常态化开展动火作业、消防控制室、燃气与冷库安全、有限空间作业等关键领域的专项排查与整治工作，并定期组织综合应急演练，加强专业化应急抢险力量，提升突发事件的处置与协同响应能力。高度重视安全文化建设，开展“安全生产月”“安康杯”竞赛等专题活动，结合常态化安全生产专项培训，推动安全理念内化于心、外化于行，切实转化为全员的自觉行动与长效实践。防范安全风险培育安全文化北辰之情共筑美好新生活 4647 建立覆盖所有业务场景的安全生产管理制度体系，形成常态化安全审查与动态更新机制开展安全培训与专项演练，增强安全意识和应急处置能力组建专职应急队伍，配足应急物资与装备，确保响应及时有效商业及会展业务因人员密集、设备复杂、作业环节多，易出现包括火灾、人员踩踏、治安事件及设备故障在内的多重安全风险，可能引发人身伤害、财产损失、运营中断、法律纠纷及声誉受损等后果安全生产风险风险影响应对措施影响、风险和机遇管理指标与目标北辰实业将持续深化职业健康安全管理与安全生产治本攻坚行动，强化重点场所风险排查与专项整治，深入开展安全文化建设与全员宣传教育，持续筑牢安全健康发展根基。安全生产总投入安全培训人次安全培训覆盖率因伤损失工作日数因工死亡事故二十万小时可记录工伤事故率职业病率亿元人次%天宗%% 指标单位2025年指标案例案例 2025年11月19日，北辰实业“安康杯”消防安全技能比赛暨“119”消防宣传日活动成功举办，12支队伍在近50米赛道上展开消防技能实战比拼，并安排消防器材识别和“逃生帐篷”疏散逃生体验，让现场观众进一步掌握实用的消防安全技能，在沉浸式互动中提升应急处置与自救互救能力，将“全民消防，生命至上”的安全理念深植于心。 2025年9月11日，北辰会展研究院联合中国会展经济研究会创新编纂的《中国展览指数报告（2024）》在第四届国际会展经济发展论坛上重磅发布。该报告系统分析了会展行业在消费复苏、数字化浪潮下的发展态势，为行业发展提供了坚实的数据支撑。此次发布是该系列报告连续第七年亮相，通过与中国会展经济研究会开展数据合作，打通了国内会展数据统计渠道，实现了全国性展览指数评价体系建设的从零到一，充分彰显了北辰在会展行业研究方面的引领性与创新性。北辰实业举办“保安全、促经营”消防安全技能比赛暨“119”消防宣传日活动北辰会展研究院发布《中国展览指数报告（2024）》 “安康杯”消防安全技能比赛暨“119”消防宣传日活动《中国展览指数报告（2024）》北辰商管针对供应商在平台操作中的共性难题组织集中培训携手伙伴共赢深化战略合作助力行业发展加强供应链管理北辰实业秉持协作共赢理念，拓展并深化战略合作，积极参与行业交流，分享实践经验，以自身探索助力行业进步，着力加强供应链的可持续管理，推动构建负责任的供应链体系，努力实现价值共创与成果共享。北辰实业积极构建多元开放的合作生态体系，不断拓展高质量合作伙伴网络，广泛汇聚内外部创新资源与发展能力，系统提升协同效能，稳步培育并增强长期核心竞争优势。北辰实业积极参加并支持国内外高端会展行业交流活动，主动分享实践成果与行业洞察，重视会展产业研究与智库建设，深度参与行业标准制定，连续7年发布《中国展览指数报告》，以专业研究能力与权威数据体系为会展行业高质量发展提供系统性支持与专业指引。北辰实业持续推进供应商管理体系的优化升级，制定并严格实施《货物、服务采购招标管理规定》，建立健全涵盖供应商准入、招标比选、招标评审等环节的管控机制，全面部署数字化采购平台，系统规范采购流程与职责权限，实现对采购的全周期闭环管理，构建开放透明、安全可靠、高效协同的供应链体系。供应商准入：严格开展资质调查，全面进行风险排查，规范执行准入机制供应商选择：通过招标比选方式公开、公平、合理选择适当的合作伙伴供应商评估：通过年度评估与周期评估，完成供应商履约考核评价，并根据结果进行通报、督促整改和处罚北辰之情共筑美好新生活 4849 品牌价值引领锻造卓越品质北辰实业扎实推动产品与服务品质升级，夯实品牌内生基础，并不断深化品牌建设，扩大品牌综合影响力，提升社会认同感，切实彰显品牌价值。北辰实业坚持以卓越标准提供高质量服务，将匠心精神融入工程建造全流程，推动服务与产品品质双提升，在深化品牌内涵的同时，为客户、合作伙伴及社会创造可靠、可持续的长远价值。治理北辰实业不断完善产品与服务质量管理体系，围绕服务保障、工程管理、项目运营等关键领域完善标准化制度框架，明确各环节的规范标准与责任机制，确保产品与服务持续符合客户期待。战略北辰实业主承办业务加速拓展，圆满举办服贸会、科博会等既有项目，成功开拓2025年北京国际健康生活消费博览会、北京国际老龄产业博览会等6个规模均超1万平方米会展项目，年度主承办展会项目累计达22个。北辰实业坚持“首善标准”，以专业高效的保障能力圆满完成本年度各项重大国务政务活动，生动诠释服务品质与专业实力的卓越高度。主承办业务创新升级高质量保障国务政务活动 2025年中国国际服务贸易交易会北京市政协十四届三次会议中国－拉美和加勒比国家共同体论坛第四届部长级会议第二十七届中国北京国际科技产业博览会第十一届北京国际老龄产业博览会 9月10日至14日，2025年中国国际服务贸易交易会在北京首钢园举办。北辰实业秉持归零心态，从“新”出发，聚焦“国际化、数智化、便利化、特色化”，多维度打造参会新体验，在展览展示、会议论坛、市场化招商等方面均实现新突破。 1月13日至17日，北京市政协十四届三次会议顺利召开。北辰实业高效完成各项服务任务，以全守时、零失误、零差错的场次衔接，获得委员、工作人员的一致认可。 5月13日，中国－拉美和加勒比国家共同体论坛第四届部长级会议隆重举办。北辰实业坚持“北辰标准”，统筹旗下资源保障大会顺利举行。 5月8日，第二十七届中国北京国际科技产业博览会在国家会议中心开幕，北辰实业以专业高效的“北辰服务”为博览会保驾护航，凭借场馆智慧运营优势，升级活动体验，助力本届科博会规模创历史新高。 10月29日，第十一届北京国际老龄产业博览会开幕。北辰实业发挥专业优势，助力本次展会规模较往届实现显著提升。 2025年中国国际服务贸易交易会现场北京市政协十四届三次会议会前准备中国—拉美和加勒比国家共同体论坛第四届部长级会议会前准备第二十七届中国北京国际科技产业博览会现场第十一届北京国际老龄产业博览会现场亚洲基础设施投资银行（亚投行）第十届理事会年会 6月24日至26日，亚洲基础设施投资银行（亚投行）第十届理事会年会顺利召开。北辰实业通过全链条碳中和实践与“科技+人文+绿色”的创新融合，将专业服务与人文温度注入每一处细节，展现“北京服务”的卓越品质。亚洲基础设施投资银行（亚投行）第十届理事会年会会前准备北辰之情共筑美好新生活 5051 上合组织天津峰会全球妇女峰会 8月31日至9月1日，上合组织天津峰会成功举办。北辰实业以“迭代升级”的服务标准，统筹旗下企业协同作战，为峰会圆满举办提供了坚实支撑。 10月13日至14日，全球妇女峰会成功举办。北辰实业以“最高标准、最严要求、最细举措、最快行动”为原则，以精心组织、周密部署、周到服务落实“北辰标准”，为峰会提供安全、舒适、专业的会议环境。上合组织天津峰会会前准备北辰实业女性职工全力保障全球妇女峰会北辰实业坚持“从零出发追求臻美”的服务理念，树立“客户第一、服务至上”的意识，持续优化服务品质与体验，系统开展满意度调研与闭环整改，落实标准化服务体系，建立标准化投诉应对机制，严格执行信息保密与隐私保护制度，同时全面完善无障碍硬件设施，努力满足特殊群体需求，为客户提供安全、可信、有温度的高质量服务。北辰实业围绕“管理提质增效、风险合规防控”核心目标，以制度为根本、科技为支撑、监督为保障，督导持有资产运营、地产开发工程管理，完成年度持有资产改扩建项目计划年中调整，通过工程月报常态化跟踪地产项目进度与质量，推进经营管理单位年中专项与年底检查，落实年度考核，有效防范质量风险，保障各项建设任务高质量达成。致力客户满意打造精品工程深耕品牌建设北辰实业持续深化品牌战略布局，发布《北辰品牌手册》，构建包含品牌文化内涵体系和品牌标识应用规范在内的品牌标准化体系，展现公司在品牌价值沉淀与形象升级方面的最新成果；启动“十五五”品牌战略规划编制工作，以科学规划引领品牌建设方向，为提升品牌影响力和公司竞争力提供坚实的战略支撑与理论指引。案例 2025年8月8日，《北辰品牌手册》正式发布。该手册是一本集思想性、指导性、实用性于一体的品牌纲领性手册，分为北辰品牌内涵、北辰品牌标识规范两个部分。北辰品牌内涵包含北辰简介、品牌架构、品牌愿景、品牌定位、品牌使命、品牌价值观六个内容；北辰品牌标识规范部分包含北辰品牌标志的释义、色彩内涵、规范颜色与原则、母子品牌背书方式等内容。《北辰品牌手册》的发布，开启了北辰品牌建设新的里程碑，未来，在品牌文化的引领下，北辰将持续在服务国际交往、筑造理想空间的征程中书写更加璀璨的篇章。发布《北辰品牌手册》《北辰品牌手册》建立工程项目全流程质量管理体系，实行设计审查、施工监理、竣工验收“三关”控制机制实行供应商准入评估与动态考核，建立材料检测与追溯机制建立客户服务热线与快速响应机制，定期开展客户满意度调研工程质量若未达标准，可能直接危及建筑安全，缩短使用寿命，并引发客户投诉及潜在的安全事故材料质量不达标可能导致工程延期，成本增加，并存在安全隐患客户满意度下降，影响品牌声誉项目设计或施工质量不达标工程项目材料质量不稳定售后服务响应不及时风险风险影响应对措施影响、风险和机遇管理指标与目标北辰实业将持续夯实服务与工程质量管理，全面提升业务综合运营能力与项目品质，构建高质量、可信赖的服务与产品保障机制。客户（例如：酒店宾客、写字楼租户、小区业主、展馆宾客等）服务满意度产品及服务涉嫌安全与健康的诉讼案件年内收到的客户投诉件数妥善回复和处置的投诉占比保修期内房屋出现质量问题的占比房屋及服务涉嫌安全与健康的诉讼案件因泄露客户信息而遭到投诉件数 %宗例%%宗例 93.41 1526 98.5 32.5 指标单位2025年指标北辰之情共筑美好新生活 5253 倾力回馈社会助力乡村振兴响应民生需求践行公益慈善北辰实业坚持以责任筑根基，以善举暖人心，持续助力乡村振兴，积极响应民生诉求，常态化开展暖心公益，全方位践行企业社会责任，努力与时代发展同频，与民生福祉同行。北辰实业结合自身功能定位与资源优势，扎实推进乡村振兴帮扶工作，持续深化产业兴村、就业稳岗、消费助农等多维举措，构建起覆盖外埠及本市对口帮扶村的多元长效帮扶体系，以务实举措为乡村振兴注入持久动力。北辰实业深入贯彻北京市委、市政府及市国资委关于深化接诉即办改革的精神与部署，锚定“快速响应、高效办理、及时反馈、主动治理”核心目标，持续健全完善“接诉即办”组织机制与制度体系，强化主动治理，提升诉求处理质效，2025年共接到、办理市民热线派单121件，全部以“事要解决”为目标要求，做到“件件有着落、事事有回音”。同时，按照加强和改进人民信访工作总要求，北辰实业持续推进信访工作法治化，年内经市国资委网信平台办理网上信访事项14件，总部接待来访人员7人次。北辰实业持续深耕公益慈善事业，积极组建志愿者团队，开展丰富多样的志愿活动，以实际行动传递企业温度、践行人文关怀，弘扬向上向善的社会正能量。2025年，志愿者活动时长约958小时。定期召开乡村振兴工作小组会和驻村第一书记会议，推进各项工作落实见效。成立乡村振兴工作领导小组和工作小组，由领导小组统一指挥，统筹协调。选派三名有责任有担当的干部赴怀柔区汤河口镇任驻村第一书记，让干部在推进乡村振兴工作的第一线扛责任、强作为。立足乡村实际需求，构建起集消费、公益、产业、党建于一体的多维帮扶体系，系统赋能当地发展。强化顶层设计国家会议中心党委与怀柔区汤河口镇大栅子村党支部联合开展共建活动消费帮扶：通过“双创”采购，累计完成外埠帮扶采购 642.50万元；帮销对口帮扶的汤河口镇三个集体经济薄弱村4.85万斤农产品，助力增收36.50万元，有效拓宽农产品销售渠道就业帮扶：招收录用帮扶地区人口34人，为帮扶地区提供稳定就业渠道公益帮扶：捐赠50万元支持和田地区公益治沙项目；捐赠15万元专项用于怀柔帮扶村受汛情影响的灾后重建工作（银河沟村、许营村、大栅子村每村5万元）党建帮扶：通过“党建+”模式，组织下属单位党组织赴帮扶村开展主题党日活动，通过共建交流、义务劳动等形式，强化党建引领作用，实现“党建强、乡村兴、企业旺”的共赢局面开展多元帮扶案例 2025年3月20日，五洲皇冠酒店联合五洲·会议中心组织党团员代表走进北辰东路社区，开展“学雷锋、树新风，服务社区、奉献爱心”主题志愿服务活动。志愿者在社区工作人员引导下，集中清理绿地枯枝落叶，并对过密、枯死及凌乱的枝条进行精细修剪。大家分工有序、配合默契，用实际行动改善社区环境。五洲皇冠酒店与五洲·会议中心团委联合参与社区志愿服务志愿者们进行社区志愿服务首都会展开展“团徽闪耀净滩路，雷锋精神永护航”志愿活动国家会议中心开展雷锋日志愿服务活动 5455 未来展望 2026年是“十五五”规划的开局之年，北辰实业将立足于此关键历史节点，在“一体两翼”战略引领下，持续深耕会展核心主业，并带动会展配套设施服务业和地产业务发展，以“协同发展，改革创新”为驱动力，深化产业融合，致力于构建全链条协同、全方位赋能的产业生态体系，向着“国际一流的会展品牌企业国内领先的复合地产品牌企业”的目标坚定前行。优化治理，夯实发展根基。2026年，北辰实业将以精细化治理为核心，持续巩固国企改革成效，完善“三重一大”决策机制，优化法律、合规、内控与风险管理一体化体系，深化ESG管理与信息披露，严格规范资产交易、招标采购等关键环节，保障公司稳健发展。低碳环保，引领绿色未来。2026年，北辰实业将深入推进“双碳”工作，完善环境管理体系，常态化开展能耗监测与碳核算，重点推进既有建筑节能改造与绿色建材应用，提升清洁能源占比与资源循环水平，探索覆盖项目全周期的绿色运营模式，加快绿色低碳转型进程。践行责任，共筑和谐社会。2026年，北辰实业将持续完善重大活动服务保障，推进产品与服务提质升级，深化人才强企战略，构建协同发展生态，携手合作伙伴推动行业提质升级，积极落实乡村振兴部署，深化社区共建与公益实践，共享发展成果。蓝图已绘就，奋进正当时。未来，北辰实业将以铿锵步履踏破前路荆棘，以同心奋斗创造新的奇迹，开创北辰更加美好的明天！附录关键绩效未来展望 / 附录资产总额所有者权益营业收入利润总额纳税总额净资产收益率资产负债率党建活动次数董事会召开会议次数独立董事数量女性董事占比可持续发展（社会责任、ESG）培训次数可持续发展（社会责任、ESG）培训人次可持续发展（社会责任、ESG）培训时长年度可持续发展（社会责任、ESG）荣誉数量汇报期内对公司或雇员提出并已审结的贪污诉讼案件数目涉及关于贿赂、勒索、欺诈及洗钱案件年度雇员接受反腐倡廉相关培训职工人数环境类绩效氮氧化物硫氧化物温室气体排放温室气体排放总量直接排放量（范围一）间接排放量（范围二）持有的树木减排量每平方米楼面面积温室气体排放量（范围一及二）无害废弃物产生总量厨余垃圾生活垃圾每平方米楼面面积无害废弃物产生总量无害废弃物合规处理率有害废弃物产生总量含水银的废弃灯管亿元亿元亿元亿元亿元 %%次次人%次人次小时个宗宗人次环境类绩效公吨公吨公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公斤公斤公斤公斤%公斤公斤 1．2．3．4．5．6．7．8．9．10．11．12．13．14．15．16．17．18．19．20．21． 22．23．24．25．26．27．28． 562.25 155.30 157.51 3.99 14.39 -0.40 72.38 1296 4210环境类绩效 0.667 0.021 61282 60318 0.0759 1014666716776308469037 11.69 3485 2132 488.42 117.67 71.52 -31.52 9.63 -25.06 75.91 1260 8706环境类绩效 0.679 0.021 64566 63600 0.0823 1008332917031778380152 12.86 7115 6432 431.67 91.59 60.60 -29.21 13.65 -36.44 78.78 3199 6084环境类绩效 0.646 0.019 59429 58531 0.1156 680208326393504162733 13.23 1169 编号绩效指标单位2023年2024年2025年治理类绩效环境类绩效 5657 编号编号绩效指标绩效指标单位单位2023年2023年2024年2024年2025年2025年电子废弃物废电池废墨盒清洗冷气系统的废油每平方米楼面面积有害废弃物产生总量有害废弃物合规处理率涉及非法向环境排放污染物的案件能源消耗量能源消耗总量外购电力天然气汽油柴油外购热力每平方米楼面面积能源消耗总量用水总量外购自来水占比每平方米楼面面积用水总量污水排放量回收再利用玻璃制品回收再利用塑料制品回收再利用酒店客房废旧毛巾回收再利用酒店客房肥皂回收再利用酒店客房牙刷持有5米及以上的树木涉及对自然环境造成破坏的案件年度环保投入绿色建筑证书社会类绩效职工人数按性别划分男职工女职工按受教育程度划分研究生及以上本科大专中专其他按年龄划分 30岁及以下30至50岁50岁及以上按地区划分中国内地港澳台地区海外按雇员类别划分高层人员中层人员一般人员职工变动情况按性别划分男职工女职工按年龄划分 30岁及以下30至50岁50岁及以上按地区划分中国内地港澳台地区海外受训雇员百分比按性别划分男职工女职工按雇员类别划分高层人员中层人员一般人员人均受训时长按性别划分男职工女职工公斤公斤公斤公斤公斤 %宗兆瓦时兆瓦时兆瓦时兆瓦时兆瓦时兆瓦时兆瓦时立方米%立方米立方米公斤公斤块公斤支棵宗万元个社会类绩效人人人人人人人人人人人人人人人人人%%%%%%%%%%%%%%小时小时 0.004 128283542024505 69287 0.16 734548 0.91 6757845775487853152701085210715 //社会类绩效 529029802310 17571404 1010 13823236 5285 4741 12.4 13.2 20.5 10.3 6.1 12.8 16.67 99.00 54.60 45.40 0.69 9.10 90.21 33.80 43.56 0.009 135369571044420 73565 0.17 771118 0.98 709428638058430318483 374.6 244010 社会类绩效 511528422273 17741320 11633228 5112 4549 10.4 12.9 25.2 7.9 5.7 11.5 97.89 54.8 45.2 1.48 9.13 89.39 30.00 37.00 0.002 124618527814215 67354 0.24 725008 1.41 68150710188488380106141270259000 1234 社会类绩效 472927012028 16441218 1190 10562997 4728 4162 13.0 18.4 23.7 14.0 11.5 15.8 98.76 54.7 45.3 1.62 9.15 89.23 38.00 40.00 29．30．31．32．33．34．35．36． 37．38．39．40．41．42．43．44．45．46．47．48．49．50．51．52． 53． 54． 55． 56．57． 58． 59．60．61． 62．社会类绩效附录 5859 编号编号绩效指标绩效指标单位单位2023年2023年2024年2024年2025年2025年按雇员类别划分高层人员中层人员一般人员管理团队中女性所占比例（部门主任级及以上）女性与男性职工薪酬比例管理层一般职工人均带薪休假天数劳动合同签订率社会保险覆盖率员工体检覆盖率安全生产总投入安全培训人次安全培训覆盖率因伤损失工作日数因工死亡事故二十万小时可记录工伤事故率职业病率研发投入有效专利总数与公司建立了长期合作的供应商数量总数中国内地其中经公司环境、社会风险筛选及管控的供应商数量总数中国内地通过质量、职业健康安全、环境或能源管理等体系认证的供应商数量客户（例如：酒店宾客、写字楼租户、小区业主、展馆宾客等）服务满意度产品及服务涉嫌安全与健康的诉讼案件年内收到的客户投诉件数妥善回复和处置的投诉占比产品及服务涉嫌侵犯知识产权的案件数目保修期内房屋出现质量问题的占比房屋及服务涉嫌安全与健康的诉讼案件因泄露客户信息而遭到投诉件数小时小时小时%%%天%%%亿元人次 %天宗%%亿元项个个个个间宗例%宗%宗例 39.59 45.02 37.32 /3748 / 0.359 - 10051005 51.00 47.00 31.00 0.3 5822 957.5 0.361 0.17 55.00 47.00 34.00 0.78 1247123811461137 1526 98.5 32.5 63． 64．65．66．67．68．69．70．71．72．73．74．75．76．77．78．79．80．81．83．84．85．86．87．88．89．乡村振兴工作投入金额（包含扶贫项目中投入资金及物资折款的资金）其中：资金总额其中：物资折款总额乡村振兴惠及人数帮困慰问金受助人次帮困慰问金投入总额公司志愿者人数志愿者活动时长 90．91．92．93．94．95．96．97． %82．95.1194.3193.41 万元万元万元人人次万元人小时 905.5 75.00 830.45 5.2 806.66 50.00 756.66 6.07 745.17 65.00 680.17 8.5 附录氮氧化物排放量是本公司京内持有型物业2025年度以柴油和天然气为燃料的设备导致的大气污染物排放总量。此大气污染物排放的计算方法及相关排放系数参考了《排放源统计调查产排污核算方法和系数手册》。此温室气体排放清单的计算方法及相关排放系数参考了北京市生态环境局发布的《北京市企业 ( 单位 ) 二氧化碳排放核算和报告指南 (2018 版 )》《二氧化碳排放核算和报告要求电力生产业》（DB11/T1781-2020）及世界资源研究所 (WRI) 和世界可持续发展工商理事会 (WBCSD) 发布的《温室气体核算系 : 企业核算与报告标准》。本公司 2025 年度的温室气体计算范围包括使用汽油机动车、柴油机动车等以柴油为燃料的设备 , 及燃气锅炉等以天然气为燃料的设备导致的温室气体直接排放 , 使用外购电力及外购热力导致的温室气体间接排放。计算范围为本公司京内持有型物业年度用量的总和。本报告所披露的各能源消耗量数据根据能源的实际消耗量及国际能源署提供的相关转换因子计算。所排放污水均属于生活污水。硫氧化物排放量是本公司京内持有型物业2025年度以柴油和天然气为燃料的设备导致的大气污染物排放总量。此大气污染物排放的计算方法及相关排放系数参考了原中华人民共和国环境保护部发布的《关于北京市燃气设施燃用市政管道天然气 ) 二氧化硫排污系数有关问题的复函》以及《排放源统计调查产排污核算方法和系数手册》。 6061 范畴与层面一般披露及关键绩效指标披露位置或备注层面B1：雇佣雇佣与劳工实践层面B2：健康与安全层面B3：发展与培训层面B4：劳工准则香港联交所《环境、社会及管治报告守则》 B.社会一般披露：有关薪酬及解雇、招聘及晋升、工作时数、假期、平等机会、多元化、反歧视以及其他待遇及福利的政策及遵守对发行人有重大影响的相关法律及规例的资料。B1.1按性别、雇佣类型（如全职或兼职）、年龄组别及地区划分的雇员总数。B1.2按性别、年龄组别及地区划分的雇员流失比率。一般披露：披露有关提供安全工作环境及保障雇员避免职业性危害的政策及遵守对发行人有重大影响的相关法律及规例的资料。B2.1过去三年（包括汇报年度）每年因工亡故的人数及比率。B2.2因工伤损失工作日数。B2.3描述所采纳的职业健康与安全措施，以及相关执行及监察方法。一般披露：有关提升雇员履行工作职责的知识及技能的政策。描述培训活动。B3.1按性别及雇员类别（如高级管理层、中级管理层等）划分的受训雇员百分比。B3.2按性别及雇员类别划分，每名雇员完成受训的平均时数。一般披露：有关防止童工或强制劳工政策及遵守对发行人有重大影响的相关法律及规例的资料。B4.1描述检讨招聘惯例的措施以避免童工及强制劳工。B4.2描述在发现违规情况时消除有关情况所采取的步骤。附录范畴与层面一般披露及关键绩效指标披露位置或备注指标索引一般披露：有关废气排放、向水及土地的排污、有害及无害废弃物的产生等的政策及遵守对发行人有重大影响的相关法律及规例的资料。A1.1排放物种类及相关排放数据。A1.2所产生有害废弃物总量（以吨计算）及（如适用）密度（如以每产量单位、每项设施计算）。A1.3所产生无害废弃物总量（以吨计算）及（如适用）密度（如以每产量单位、每项设施计算）。A1.4描述所订立的排放量目标及为达到这些目标所采取的步骤。A1.5描述处理有害及无害废弃物的方法，及描述所订立的减废目标及为达到这些目标所采取的步骤。一般披露：有效使用资源（包括能源，水及其他原材料）的政策。A2.1按类型划分的直接及/或间接能源（如电、气或油）总耗量（以千个千瓦时计算）及密度（如以每产量单位、每项设施计算）。A2.2总耗水量及密度（以每产量单位、每项设施计算）。A2.3描述所订立的能源使用效益目标及为达到这些目标所采取的步骤。A2.4描述求取适用水源上可有任何问题，以及所订立的用水效益目标及为达到这些目标所采取的步骤。A2.5制成品所用包装材料的总量（以吨计算）及（如适用）每生产单位占量。一般披露：减低发行人对环境及天然资源造成重大影响的政策。A3.1描述业务活动对环境及天然资源的重大影响及已采取管理有关影响的行动。二、北辰之绿，谱写生态新篇章-（三）推行节能减排- 控制污染排放二、北辰之绿，谱写生态新篇章-（一）完善环境管理三、北辰之情，共筑美好新生活-（一）构建和谐企业-凝聚职工合力三、北辰之情，共筑美好新生活-（一）构建和谐企业-守护健康安全三、北辰之情，共筑美好新生活-（一）构建和谐企业-守护健康安全三、北辰之情，共筑美好新生活-（一）构建和谐企业-凝聚职工合力三、北辰之情，共筑美好新生活-（一）构建和谐企业-凝聚职工合力三、北辰之情，共筑美好新生活-（一）构建和谐企业-凝聚职工合力三、北辰之情，共筑美好新生活-（一）构建和谐企业-凝聚职工合力附录-关键绩效表附录-关键绩效表附录-关键绩效表附录-关键绩效表附录-关键绩效表附录-关键绩效表二、北辰之绿，谱写生态新篇章-（三）推行节能减排- 控制污染排放二、北辰之绿，谱写生态新篇章-（三）推行节能减排- 控制污染排放二、北辰之绿，谱写生态新篇章-（三）推行节能减排- 节约能源资源二、北辰之绿，谱写生态新篇章-（三）推行节能减排- 节约能源资源二、北辰之绿，谱写生态新篇章-（三）推行节能减排- 节约能源资源由于本公司业务性质，此项指标对本公司而言不适用二、北辰之绿，谱写生态新篇章二、北辰之绿，谱写生态新篇章附录-关键绩效表附录-关键绩效表附录-关键绩效表附录-关键绩效表附录-关键绩效表层面A1：排放物层面A2：资源使用层面A3：环境及天然资源香港联交所《环境、社会及管治报告守则》 A环境 6263 范畴与层面范畴与层面一般披露及关键绩效指标一般披露及关键绩效指标披露位置或备注披露位置或备注层面B7：反贪污气候相关披露层面B8：社区投资社区管治策略风险管理香港联交所《环境、社会及管治报告守则》香港联交所《环境、社会及管治报告守则》 B.社会B.社会 B5.1按地区划分的供应商数目。B5.2描述有关聘用供应商的惯例，向其执行有关惯例的供应商数目和有关惯例的执行及监察方法。B5.3描述有关识别供应链每个环节的环境及社会风险的惯例，以及相关执行及监察方法。B5.4描述在拣选供应商时促使多用环境产品服务的惯例，以及相关执行及监察方法。一般披露：有关所提供产品和服务的健康与安全、广告、标签及私隐事宜以及补救方法的政策及遵守对发行人有重大影响的相关法律及规例的资料。B6.1 已售或已运送产品总数中因安全健康理由而须回收的百分比。B6.2接获关于产品及服务的投诉数目以及应对方法。 B6.5描述消费者资料保障及私隐政策，以及相关执行及监察方法。一般披露：有关防止贿赂、勒索、欺诈及洗黑钱的政策及遵守对发行人有重大影响的相关法律及规例的资料。B7.1于汇报期内对发行人或其雇员提出并已审结的贪污诉讼案件的数目及诉讼结果。B7.2描述防范措施及举报程序，以及相关执行及监察方法。 B6.3描述与维护及保障知识产权有关的惯例。B6.4描述质量检定过程及产品回收程序。 B7.3描述向董事及员工提供的反贪污培训。附录一般披露：有关以社区参与来了解营运所在社区需要和确保其业务活动会考虑社区利益的政策。B8.1专注贡献范畴（如教育、环境事宜、劳工需求、健康、文化、体育）。B8.2在专注范畴所动用资源（如金钱或时间）。气候相关风险和机遇策略和决策财务状况，财务表现及现金流量管治业务模式和价值链气候韧性风险管理三、北辰之情，共筑美好新生活-（三）品牌价值引领-锻造卓越品质二、北辰之绿，谱写生态新篇章-（二）应对气候变化-治理三、北辰之情，共筑美好新生活-（三）品牌价值引领-锻造卓越品质附录-关键绩效表二、北辰之绿，谱写生态新篇章-（二）应对气候变化-战略二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、风险和机遇管理二、北辰之绿，谱写生态新篇章-（二）应对气候变化-战略二、北辰之绿，谱写生态新篇章-（二）应对气候变化-战略二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、风险和机遇管理二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、风险和机遇管理 ? 一、北辰之治，引领合规新航程-（三）恪守合规经营-落实合规管理三、北辰之情，共筑美好新生活-（二）携手伙伴共赢-加强供应链管理三、北辰之情，共筑美好新生活-（三）品牌价值引领-锻造卓越品质由于本公司业务性质，此项指标对本公司而言不适用二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、风险和机遇管理三、北辰之情，共筑美好新生活-（三）品牌价值引领-锻造卓越品质一、北辰之治，引领合规新航程-（三）恪守合规经营-严守商业道德一、北辰之治，引领合规新航程-（三）恪守合规经营-严守商业道德三、北辰之情，共筑美好新生活-（四）倾力回馈社会三、北辰之情，共筑美好新生活-（四）倾力回馈社会三、北辰之情，共筑美好新生活-（四）倾力回馈社会附录-关键绩效表一、北辰之治，引领合规新航程-（三）恪守合规经营-严守商业道德一、北辰之治，引领合规新航程-（一）强化党建引领-加强党的建设附录-关键绩效表层面B6：产品责任营运惯例层面B5：供应链管理一般披露：管理供应链的环境及社会风险政策。三、北辰之情，共筑美好新生活-(二)携手伙伴共赢-加强供应链管理三、北辰之情，共筑美好新生活-（二）携手伙伴共赢-加强供应链管理三、北辰之情，共筑美好新生活-（二）携手伙伴共赢-加强供应链管理三、北辰之情，共筑美好新生活-（二）携手伙伴共赢-加强供应链管理附录-关键绩效表意见反馈尊敬的读者：您好！非常感谢您阅读北京北辰实业股份有限公司《2025年可持续发展暨ESG报告》。如果您对本报告有任何意见和建议，请您填写下面的意见反馈表，通过信件、电子邮件或传真等方式发给本公司。对于您的宝贵意见，本公司致以深深的谢意！ 1.您对本报告的总体评价是： 2.您认为本报告能否反映公司对经济、社会和环境的重大影响： 3.您认为本报告所披露信息、数据、指标的清晰、准确、完整度如何： 7.本公司联系方式：地址：北京市朝阳区北辰东路8号邮政编码：100101 电子邮箱：northstar@beijingns.com.cn 4.您最满意本报告哪一方面？ 5.您希望进一步了解哪些信息？ 6.您对我们今后发布报告有哪些建议？ □好 □较好 □一般 □高 □较高 □一般 □较低 □低 □好 □较好 □一般 □差 □不了解由于气候变化相关财务影响涉及较多长期假设，公司正评估适配自身业务模式的情景分析方法，目前尚未建立成熟的量化模型与情景分析框架，若现阶段进行量化披露，可能存在结果偏差，易对投资者决策造成潜在误导。基于此，公司已计划启动气候风险和机遇财务影响评估。本公司价值链上下游供应商及客户数量众多、结构复杂，相关数据基础较为薄弱，为确保信息披露的准确性与可靠性，现阶段暂无法对所有范围3温室气体排放类别进行合理且准确的量化核算。未来，公司将根据战略需要逐步搭建完善范围3温室气体排放数据收集、核算体系，推进相关量化工作落地。公司为应对气候相关风险与机遇所产生的支出已纳入维修费与年度环保投入，由于相关项目较多，且公司尚未设置气候相关风险与机遇资本开支的专项分类，故暂无法从维修费与年度环保投入中精确提取仅用于气候相关风险与机遇的支出数据。为此，公司已计划新增气候相关风险与机遇资本开支统计维度。公司主营业务不属于高排放、高碳密集型行业，碳成本对经营决策、产品定价及投资回报的影响不构成重大影响。基于对公司气候风险的实质性评估，现阶段气候管理资源优先配置于范围1与范围2温室气体减排及能源效率提升，内部碳定价暂未纳入短期管理议程。公司计划持续跟踪行业实践与监管趋势，评估内部碳定价的适用性与实施时机，若未来业务结构变化或监管要求提升，将适时启动内部碳定价机制设计与试点。公司目前正处于气候治理的基础建设阶段，尚未建立科学、可量化的气候绩效指标，暂不具备将气候绩效与薪酬挂钩的基础，将结合公司战略情况探索制定可量化、可考核的气候目标。范畴与层面一般披露及关键绩效指标披露位置或备注香港联交所《环境、社会及管治报告守则》 B.社会温室气体排放资本运作内部碳定价薪酬行业指标跨行业指标以及行业指标适用性指标及目标气候相关转型风险气候相关物理风险气候相关机遇气候相关目标二、北辰之绿，谱写生态新篇章-（二）应对气候变化-指标与目标附录-关键绩效表二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、风险和机遇管理二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、风险和机遇管理二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、风险和机遇管理二、北辰之绿，谱写生态新篇章-（二）应对气候变化-指标与目标附录-关键绩效表二、北辰之绿，谱写生态新篇章-（二）应对气候变化-指标与目标附录-关键绩效表二、北辰之绿，谱写生态新篇章-（二）应对气候变化-指标与目标 ? ? ? CONTENTS About the ReportMessage from ManagementCompany ProleSustainable DevelopmentManagement Feature 1: Integrating Digital and SmartTechnologies to UnleashNew Momentum for IndustryDevelopment Feature 2: Empowering the Asian-OlympicCBD to Create a Vibrant NewTrendsetting Landmark Beijing North Star’sGovernance: Charting a NewCourse in Compliance Green North Star: Pioneeringa New Chapter in EcologicalSustainability North Star’s Commitment: Co-Creating a BrighterFuture Future ProspectsAppendix Strengthening the Guidance of Party BuildingPerfecting Corporate GovernanceCommitment to Compliant OperationsDriving Technological Innovation Rening Environmental ManagementAddressing Climate ChangePromoting Energy Conservation and EmissionReductionCommitting to Green Operations Building a Harmonious WorkplaceAchieving Mutual Success with Our PartnersLeading with Brand ValueDedicated to Giving Back to Society 0203 About the Report Report Period Report Acquisition and Feedback InterpretationScope of Organization Covered Basis of Reporting Unless otherwise mentioned, the Report mainly describes the specic policies and performance of the Company in terms ofenvironmental, social and governance from January 1, 2025, to December 31, 2025. For continuity and comparability, someinformation in the Report is extended as needed. The Report can be accessed and downloaded on the website of the Company, the website of Shanghai Stock Exchange and the HKEXnews website of Hong Kong Exchanges and Clearing Limited. If you have any questions, comments, or feedback on the Report, please email us at northstar@beijingns.com.cn. The scope of organization covered by the Report is based on the principle of materiality. Unless otherwise mentioned,the material content of the Report covers Beijing North Star Company Limited and its branches and subsidiaries. The keyenvironmental performance indicators cover only the properties held by Beijing North Star Company Limited in Beijing, whilethe key social performance indicators cover the Company and its branches and subsidiaries. The Report is prepared according to the No. 1 Self-Regulatory Guidelines for Listed Companies of Shanghai Stock Exchange -Standardized Operation (Rev. May 2025) published by the Shanghai Stock Exchange, the Environmental, Social and GovernanceReporting Guide under Appendix C2 of the Main Board Listing Rules of the Stock Exchange of Hong Kong Limited published bythe Stock Exchange of Hong Kong Limited and the Guidelines on Sustainability Reporting for Chinese Enterprises (CASS-ESG 6.0).The Report follows the reporting principles of Environmental, Social and Governance Reporting Guide related to “Materiality”,“Quantication”, “Balance” and “Consistency”. Please refer to the following table to learn about how the Company hasapplied the reporting principles when preparing the Report. Beijing North Star Company Limited is delighted to publish its 18th Sustainability/ESG Report. The Board of Directors and all thedirectors of the Company warrant that there are no false records, misleading statements or major omissions in the Report, andthey shall be individually and severally liable for the authenticity, accuracy and completeness of the contents.The purpose of the Report is to present the environmental, social and governance issues related to the sustainabledevelopment of the Company to all stakeholders, so that, they can better understand the Company’s sustainable developmentphilosophy, actions, and related performance.The Report is prepared in both simplified Chinese and English. In case of any discrepancy between the two versions, thesimplied Chinese version shall prevail. During the preparation of the Report, the Company has conducted, with the help of a professional consultingagency, a materiality assessment, to identify the issues material to Beijing North Star and its key stakeholders,and then collected and disclosed the related information of the material issues accordingly in the Report.Moreover, the Company’s Board of Directors has already been notied of the materiality assessment results andapproved the Report.The Company has already provided information on the standards, methodologies, assumptions and calculationtools used for the reporting of emissions/energy consumption in the “Key Performance”.Key performance indicators for historical data have been measured in the Report. The Company has set targetsto reduce individual impact, including actual gures or directional, forward-looking statements.The statistical methods for data analysis adopted by the Company are consistent with those of last year.The content contained herein reects objective facts and discloses both positive and negative indicators. Beijing North Star Company LimitedBeijing Capital Group Exhibitions Events Co., Ltd. Beijing North Star Real Estate Group Co., Ltd.Beijing North Star Commercial Management Co., Ltd.China National Convention Center of Beijing North Star Company LimitedBeijing International Convention Center of Beijing North Star Company LimitedBeijing Continental Grand Hotel of Beijing North Star Company LimitedV-Continent Beijing Parkview Wuzhou Hotel of Beijing North Star Company LimitedInterContinental Beijing Beichen Hotel of Beijing North Star Company LimitedPublic Facilities Management Branch Company of Beijing North Star Company Limited China International Fair for Trade in Services Environmental, Social and Governance Carbon peaking and carbon neutrality goals 2025 Sustainability/ESG Report From January 1, 2025 to December 31, 2025The properties of around 1.2 million m2 held by the Company in Beijing Beijing Municipal Committee of the Communist Party of China The People's Government of Beijing MunicipalityBeijing Municipal Human Resources and Social Security Bureau The State-owned Assets Supervision and Administration Commission of the People’s Government of Beijing Municipality Municipal Human Resources and Social Security Bureau Beijing North StarBeijing Capital Group Exhibitions Events Beijing North Star Real EstateBeijing North Star Commercial Management China National Convention CenterBeijing International Convention Center Beijing Continental Grand HotelV-Continent Beijing Parkview Wuzhou Hotel InterContinental Beijing Beichen HotelPublic Facilities Management Branch Company CIFTIS ESGDual-carbon goals This/the ReportThe "reporting period"/this year Properties held in BeijingBeijing Municipal SASACBeijing Municipal Party Committee Beijing Municipal Government MaterialityQuantication Balance Consistency Reporting principles Full form Implementation by the Company Shortened form About the Report 0405 About the Company Core Philosophy Beijing North Star’s core business operations encompass exhibition events along with supporting facility services, and real estate development.These two primary businesses are highly interdependent, mutually empowering one another to achieve synergistic growth.The exhibition events and supporting facility services are driven by Beijing Capital Group Exhibitions Events and Beijing North Star CommercialManagement. Beijing Capital Group Exhibitions Events vigorously integrates industry resources, continuously expanding into new businesssegments and technologies within the sector. By actively advancing a full-industry-chain footprint, it has established itself as the professionaloperator of the China International Fair for Trade in Services, a premier service provider for high-level state and government events, and a criticalcatalyst for the development of Beijing’s international exhibition industry. Bearing the mission to align with Beijing’s strategic urban positioningand cultivate the core competitiveness of the capital’s exhibition sector, Beijing Capital Group Exhibitions Events supports the development ofBeijing’s “Four Centers” and its emergence as an International Consumption Center City. Ultimately, it strives to become a domestic trailblazerand an internationally leading anchor enterprise within the convention and exhibition value chain. Beijing North Star Commercial Managementcoordinates exhibition supporting facility services, applying an industry-centric approach to optimize asset operations. It provides professionalasset operation and property management services across the Company’s diverse portfolio, which includes oce buildings, apartments, andcomprehensive commercial complexes. Actively contributing to developing Beijing into an international center for science and technologyinnovation and a global benchmark city for the digital economy, it is forging an asset operation and management model and propertymanagement standardization system unique to Beijing North Star. In doing so, it sets a new benchmark for asset management within the Asian-Olympic CBD in Beijing.Driven by Beijing North Star Real Estate, our real estate development business has achieved a nationwide development layout with multipleregions and levels. The business involves diversified and multi-level property development and operation in residential, apartment, villa,oce building, commercial and other areas. As of the end of the Reporting Period, the Company’s development projects and land reservesare distributed in 15 core cities, including the Beijing-Tianjin-Hebei region, the Yangtze River Economic Belt, the Sichuan-Chongqing urbanagglomeration, the Hainan Free Trade Port, and the Guangdong-Hong Kong-Macao Greater Bay Area. Top 10 ESG Reports among Beijing municipal state-owned listedcompanies in the ESG Blue Book of Beijing Municipal State-owned Enterprises (2025)Top 10 ESG Cases among Beijing municipal state-owned listedcompanies in the ESG Blue Book of Beijing Municipal State-owned Enterprises (2025)2025 China’s Leading Brand in Comprehensive Development of Real Estate (Diversied Real Estate Operation)2025 Leading Enterprise in High-Quality Development“Golden Dawn” Award for Market Value Management“ESG Pioneer” recognized at the 2025 CLS.CN “ZHIYUAN Award” Presentation Ceremony September 2025Beijing Municipal SASACSeptember 2025October 2025December 2025December 2025 China Real Estate Top 10 Research Group CLS.CNWeekly on Stocks Caijing.com.cn Honors and awardsDateGiven by Honors and Awards Beijing North Star Vision To become a world-class exhibition event service provider, anda leading domestic compound real estate operator and branded company Commitment Reward shareholders, dedicate ourselves to communities, and place great emphasis on employees Mission Oer service for international communication, and build an ideal space Core values Loyalty, responsibility, co-creation and mutual benets Message from Management / Company Prole Message from Management Company ProleWith the passage of time, we accumulate strength; as we forge ahead, we write chapters of glory. The year 2025 is a pivotal one, marking the conclusion of the 14th Five-Year Plan and the strategic planning phase for the 15th Five-Year Plan. Guided consistently by Xi Jinping Thought onSocialism with Chinese Characteristics for a New Era, Beijing North Star earnestly implements the Party’s decisions and directives. Committed tofostering cohesion through synergy, driving development through innovation, and demonstrating accountability through concrete actions, weare making steady strides in empowering industrial upgrading, advancing ecological conservation, and contributing to social development.Over the past year, we have deepened our focus on our core operations to comprehensively enhance operational quality and eciency. BeijingNorth Star has continued to consolidate its competitive edge in its core convention and exhibition business, strategically expanding across theentire industry chain. Leveraging our profound expertise and extensive resources in the convention and exhibition sector, we have elevated thebrand value of our supporting facilities and services while actively exploring the transformation of our real estate business. By enabling our twoprimary businesses to develop synergistically and empower one another, we have cultivated a more resilient business ecosystem, achievingsimultaneous improvements in operational quality and comprehensive performance.Over the past year, we have refined our corporate governance to safeguard the steady development of the Company. Beijing North Star remains committed to driving steady progress through highly efficient governance. With Party building steering our strategic direction, wehave continuously improved our modern corporate governance systems and operational mechanisms. We have deeply embedded regulatorycompliance into the entire lifecycle of our decision-making and operations, steadily advanced our digital transformation, and consistentlyelevated our ESG governance standards, providing a robust foundation for the Company’s long-term, sustainable growth.Over the past year, we have advanced our green agenda, focusing on building a low-carbon future. Beijing North Star rmly adheres to thephilosophy of green and low-carbon development, systematically optimizing our environmental governance system. To address emergingchallenges, we have deeply integrated climate change considerations into our core strategy. Furthermore, we have intensied eorts in energy-saving technological upgrades and energy structure optimization, comprehensively implementing green operations to foster a sustainableindustrial ecosystem. Through these pragmatic actions, we are injecting robust momentum into the building of a “Beautiful China.” Over the past year, we have readily embraced our responsibilities, proactively creating social value. Beijing North Star has consistently embeddedsocial responsibility deep within its corporate development. We are dedicated to building a community of shared progress between the Companyand our employees, while actively partnering with stakeholders to forge an open, mutually beneficial collaborative network. We remaincommitted to rewarding our customers’ trust with high-quality services and products. In addition, we actively engage in rural revitalization andpublic welfare initiatives, demonstrating corporate compassion and contributing social value through concrete actions. Driven by our aspirations, no distance is too far; though the road ahead is long, we stride forward with condence. The year 2026 is a critical year for initiating the solid implementation of the 15th Five-Year Plan. It is also a pivotal year for anchoring our new strategic objectives andconsolidating the foundation for high-quality development. Centered on our vision of becoming a “world-class exhibition event service providerand a leading domestic compound real estate operator and branded company,” Beijing North Star will build developmental consensus throughstrategic synergy, stimulate internal drive through reform and innovation, and advance business expansion through pragmatic measures, unitingour eorts to embark on a new journey of excellence. 0607 Honors and awards Honors and awards Date Date Given to Given to Given by Given by Exhibition Event Service Subsidiaries Commercial Management Subsidiaries Sustainable DevelopmentManagementManagement Structure Topic Management Beijing North Star attached great importance to ESG management. The Board of Directors exercises overarching leadershipover relevant ESG work, taking responsibility for overseeing progress, rening the institutional governance framework, andreviewing ESG strategic planning and material issues across the environmental, social, and governance domains. The Boardalso guides and evaluates ESG performance and information disclosure. Furthermore, executive management is deeplyengaged in ESG decision-making and implementation. The Board Oce takes the lead in coordinating these eorts, whilevarious functional departments and subsidiary companies act as the primary executing bodies. They are tasked with cascadingand fullling ESG targets, identifying and managing relevant risks and opportunities, and participating in internal and externalcommunication as well as capacity building. Together, they systematically drive the deep integration of ESG principles intodaily operations, ensuring the eective execution of the Company’s ESG strategy. Beijing North Star strictly complies with regulatory requirements regarding the identication and disclosure of dual materialityissues. By integrating global sustainability trends, our corporate strategic direction, and the expectations of our stakeholders,we systematically conduct the identication, assessment, and validation of material ESG issues. The Board of Directors is responsible for guiding the overall operation and business development strategy of theCompany, and conducting overall supervision on all ESG matters: (1) To be responsible for reviewing the Company’s ESG policies and strategies (2) To participate in ESG decision-making (3) To approve ESG reports, confirm the assessment results of material issues, review the progress of ESG related goals and ESG risk management, and explain the connection between the ESG matters and the overall business of theCompany.The Secretary of the Board of Directors is responsible for reviewing the ESG report and reporting to the BoardThe Board Oce collects data and information from functional departments and subsidiaries of the Company, gainsinsights into the progress of ESG related tasks, and prepares this reports Sustainable Development Management The division of duties for ESG disclosures in Beijing North Star: The process of determining material issues: We review our currentinternal and externaloperating environmentsalongside broadersustainability trends toidentify the core demandsand expectations of ourkey stakeholders Integrating our current businesscontext with industry-specicdynamics, we evaluate thesignicance of these issuesacross two dimensions: impactmateriality and nancialmateriality. This assessment isachieved through comprehensiveinternal and external stakeholderengagement, rigorous analysis,and peer evaluations. Through standardbenchmarking, policyanalysis, and peercomparisons, weidentify and shortlistsustainability issuesthat are highly relevantto our corporateoperations We construct a DualMateriality AssessmentMatrix. The nalizedmaterial issues are thenreviewed and approvedby management, andintegrated into our publicESG disclosures Context analysisIssue screeningMateriality analysisReview and disclosure Outstanding Practice Case for Exhibitions EventsSmart Venue Innovation AwardESG Management System CerticationOutstanding Partner Venue of HYROX ICCA Honorary RecognitionChina’s Most Competitive ProfessionalConvention and Exhibition Venue 2024 Smart Venue Innovation Award2025 MICE Star—The Most Inuential Convention CenterMember Institution2025 Forbes Travel Guide Recommended Hotel Green Tourism Gold Award2025 Michelin Key Hotel &Michelin Guide SelectionMost Beautiful Wedding Venue2025 Outstanding Council Member2025 MICE Star—The Most Inuential Convention Center Second Prize of the 2024 “OutstandingIlluminating Engineering” Award for the AsianGames Village East Gate Renovation and Lighting UpgradeGolden Coordinate Award of Inuential Enterprisein Digital and Intelligent Operations2025 Innovative Commercial Asset Management EnterpriseGolden Tripod Award—2025 InuentialCommercial Benchmark Project2025 Cultural and Artistic Commercial Landmark2025 Urban Exquisite Lifestyle Landmark Outstanding Enterprise of the Beijing “Safe Sound Cup” Competition China Association for Exhibition Centers (CAEC)CEIDIC 2025 China Exhibition Industry Digital and Innovation CongressBeijing Zhong Jian Xie Certication Centre Co., Ltd. HYROX Global Organizing Committee ICCAChina Convention and Exhibition SocietyChina Exhibition Industry Digital and Innovation CongressCMIC 2025Institute of Web 3.0 Application Scenarios Forbes Travel GuideNational Tourist Hotel Star Rating Committee The Michelin GuideHotelWedding, cnhotelnews.com, EliteStyle China Tourist Hotel Association CMIC 2025 Illuminating Engineering Society of BeijingThe 20th Commercial Real Estate Festival of China Wanshang Annual Pan-Commercial Innovation ConferenceCommercial Real Estate Working Committee of China General Chamber of Commerce, et al.Beijing GoGo (a leading lifestyle media brand)Beijing Trendy Life (a leading lifestyle media brand) Beijing Municipal Federation of Trade Unions, BeijingMunicipal Emergency Management Bureau, and Beijing Municipal Health Commission November 2025February 2025April 2025 October 2025November 2025November 2025February 2025November 2025March 2025 February 2025September 2025October 2025November 2025December 2025November 2025 March 2025 May 2025 November 2025 November 2025 November 2025 November 2025 May 2025 Beijing Capital Group Exhibitions Events China NationalConvention Center Beijing International Convention CenterContinental Grand Hoteland Beijing International Convention CenterInterContinental Beijing Beichen Hotel V-Continent BeijingParkview Wuzhou Hotel Changsha North StarInternational Convention Center Beijing NorthStar Commercial Management POLPAS Projectof Beijing NorthStar Commercial Management 0809 Building of an ESG Management System Communication with Stakeholders Beijing North Star is actively advancing thedevelopment of its ESG management system. Wehave optimized our ESG governance frameworkand clearly defined roles and responsibilities.By actively benchmarking against domestic andinternational standards alongside industry bestpractices, we have established a scientific andquantiable ESG indicator system. Furthermore,we have formulated internal ESG managementpolicies to standardize workflows , andconducted specialized ESG training to elevatecompany wide awareness, and vigorouslypromoted ESG management system certication.We are deeply committed to integrating ESGprinciples across the entire lifecycle of ourstrategy and operations, driving the evolution ofESG from a foundational management practiceinto a catalyst for long-term value creation,thereby empowering the Company’s sustainablegrowth. Beijing North Star consistently focuses on the core concerns of its stakeholders, continuously strengthening the developmentof regular and diversied communication mechanisms to build consensus throughout our sustainable development journey.Relying on a standardized information disclosure framework, we actively respond to stakeholder demands and cultivatea communication ecosystem characterized by mutual trust and efficient collaboration. By continuously enhancing oursustainable development capabilities, we are dedicated to the co-creation and sharing of value across all parties. A specialized ESG training launched by China NationalConvention Center China National ConventionCenter recognized as China’srst ESG-certied venue forexhibitions events Customer service hotlineCustomer satisfaction surveySocial media promotion Customer symposiumEmployee interviews Workers’ congress Employee care activities Complaint mailboxTelephone interviewField visitSupplier conferenceStrategic cooperationPress conferenceMedia interviewAnnual report and ESG reportAnnual and mid-term performance release conferencePress releases and publications Media inquiryCommunity involvementCharitable and public benet donations Rural revitalizationSocial media promotionExecuting environmental campaignsAdvocating for environmental awarenessImplementing “Dual Carbon” initiatives Attending meetings Regular reportingAccepting supervisionForum and exchange activitiesGeneral meeting of shareholdersInvestors column on the Company’s website Investor relations hotlineAnnual report and ESG report Investor researchSSE e-Interactive Platform (SEE INFO) Investor reception day Strategy meeting Complying with laws and regulations Promoting employmentOperating with integrity and compliance Supporting regional development Creating market valueMitigating operational risks Compliant Information Disclosure Product quality and safetyProviding quality servicesProtecting customer privacy Complying with industry standards Boosting industry innovationPromoting industry development Protecting employee rights and interests Prioritizing occupational healthFostering employee growth and development Transparent ProcurementMutual benet and win-win Joint development Participating in community development Supporting public welfareProtecting ecological environment Putting resources to rational useEnvironment Communities and non-governmental organizations Research institutesTrade organizations Media and social organizations Suppliers EmployeesCustomers Investors and shareholders Government and regulatory agencies Type of stakeholders Type of stakeholders Expectations and demands Expectations and demands Communication channels Communication channels Beijing North Star use the following criteria to identify individuals and organizations who qualify as its key stakeholders: Have invested inor will invest in theCompany Have inuence on thebusiness operation ofBeijing North Star Have interests in or are aected by theproducts and services provided by BeijingNorth Star 9. Energy utilization 10. Utilization of water resources 11. Circular Economy 12. Ecosystem and BiodiversityProtection 13. Pollutant Emissions 14. Waste Treatment 15. Board Diversity 16. Responsible Supply Chain 25. Treating Small and Medium Enterprises Equally 26. Due diligence 27. Scientic and technological ethics 7. Anti-bribery and anti-corruption 8. Environmental compliance management 1. Product and service safety and quality 2. Green buildings 3.Innovation 4.Climate change 5. Work safety 6. Employees Importance to the Company Finance 2025 Beijing North Star Dual Materiality Matrix Topics with bothnancial and impactmaterialityTopics with nancialmateriality but notimpact materialityTopics with impactmateriality but notnancial materialityTopics with neithernancial nor impactmateriality Signicance of Impact on Economy, Society, and Environment Sustainable Development Management 17. Promoting the Development of theIndustry 18. Green Operations 19. Social Contribution 20. Rural Revitalization 21. Data security and Customer PrivacyProtection 22. Anti-unfair Competition 23. Stakeholder Communication 24. Protection of Minority Shareholders' Interests 1011 Feature 1: IntegratingDigital and SmartTechnologies toUnleash NewMomentumfor IndustryDevelopment Beijing North Star is firmly seizing thestrategic opportunities presented bythe digital economy to drive the digitaltransformation and smart upgrading ofour core businesses. We are proactivelyfacilitating the integration of upstreamand downstream resources andfostering joint capacity-building withinthe convention and exhibition eventservice industry. In doing so, we areleading the sector’s evolution towarda highly data-driven and smartlycollaborative future. Concurrently, byaggressively attracting specializedtalent while elevating the digitalliteracy of our entire workforce, we arecomprehensively constructing a newdigital ecosystem designed to serveas a robust foundation for continuedindustry development. Building Smart Venues Forging Digital Partnerships Beijing North Star is comprehensively deepening the digital transformation ofour convention and exhibition operations. We are placing great importance totwo core venues under our entrusted management: the Capital InternationalExhibition Convention Center and the China National Convention CenterPhase II (CNCC II). By systematically developing comprehensive digital servicescenarios and intelligent operational systems, we are elevating our venues’refined operational management, resource utilization efficiency, and overallresponsiveness. Beijing North Star is committed to cultivating an open and collaborative digital ecosystem. The Company actively builds a multi-stakeholderplatform that connects diverse resources across government bodies, enterprises, universities, and research institutions. By fosteringcomplementary strengths and joint capacity building, we collaborate with our partners to pioneer cutting-edge explorations and innovativepractices that drive the digital transformation of the convention and exhibition event service industry. With a core focus on applying new digital technologies for “Smart Exhibitions,” a comprehensive suite of smart applications has beendeveloped, including user experience, venue operations management, associated business integration, venue security management,digital infrastructure, and facility equipment management. Key innovations include a metaverse-based venue tour system, a virtual seatingarrangement system, and an intelligent venue operation and maintenance system. Powered by a deeply integrated IT framework, theseinitiatives continuously enhance operational eciency and premium service capabilities, setting a benchmark for digital transformation inthe convention and exhibition event service industry. On September 23, 2025, Beijing NorthStar, in collaboration with multiplestakeholders, spearheaded theestablishment of the AI Conventionand Exhibition Ecosystem Alliance.Bringing together diverse entities—including government departments,over 50 leading enterprises, andresearch institutions—the Alliance hasbuilt an industrial ecosystem clusterthat covers the entire value chain of“government, industry, academia,research, and application.” Thismilestone marks a new phase of“intelligent ecosystem synergy” forChina’s convention and exhibitionevent service industry. Through theseconcrete actions, Beijing North Star isdriving the smart and digital upgradeof the industry, striving to providea “Beijing Model” for the globaltransformation of the convention andexhibition industry. Capital International Exhibition Convention Center CNCC II Smart Exhibition Networks with Shared Ecosystem Prosperity: The AI Convention and ExhibitionEcosystem Alliance Online venue display The virtual seating arrangement systemThe metaverse-based venue tour system Layout of the Intelligent Operations CenterInaugural meeting of the AI Convention and Exhibition Ecosystem Alliance Feature We are striving to build an industry-leading, internationally renownedsmart convention and exhibition complex. To this end, we have establisheda holistic architecture defined by “One Hub, One Foundation, MultipleSystems, and Universal Terminals.” Underpinning this is the deploymentof a digital platform for smart venues, featuring 20 bespoke applicationsthat span business operations, facility maintenance, and intelligentservices. Together, these systems enable 35 distinct smart applicationscenarios. This robust digital infrastructure has comprehensively elevatedthe venue’s intelligent management capabilities and its prole within theindustry. Since commencing operations, the system has run smoothly withexceptional results, ensuring the seamless execution of major events suchas the Machine Tool Exhibition, the Beer Festival, and the HICOOL GlobalEntrepreneur Summit. Furthermore, the project has actively pursuedvarious industry benchmarks and certications. It has been honored withmultiple accolades, including the “2025 Five-Star Case for the Applicationof Smart Park Standards” by the National Technical Committee for DigitalTechnique of Intelligent Building and Residence Community, a 2025 BeijingSOE application scenario demonstration project, a smart convention andexhibition venue award at the 2025 China Convention and ExhibitionProfessionals Conference, and designation as a global benchmark forHuawei Smart Parks. 1213 On October 17, 2025, Beijing North Star pooled resources with Beijing University of Posts and Telecommunications, ChinaTelecom Beijing, and other partners to establish the Convention and Exhibition Consumption Data Laboratory, leveragingthe Beijing Digital Intelligence Innovation Center. The laboratory comprehensively integrates public data, industry-specicdata, and consumption data from the Asian-Olympic CBD. By empowering both the upstream and downstream of theindustry value chain through digital technologies, it builds an integrated ecosystem platform encompassing “technology,scenarios, data, models, standards, and capital.” Furthermore, it explores the deep integration of “culture, commerce,tourism, sports, and exhibitions,” driving the industry’s transition from traditional models toward a more intelligent andprecision-oriented future. Smart Exhibitions and Ecosystem Integration: The Convention and Exhibition Consumption Data Laboratory Cultivating Digital TalentBeijing North Star has established a practice-oriented technology talent development system that encompasses all employeesand spans the entire business value chain. The Company advances the recruitment of specialized professionals in tandemwith improving the digital literacy of its entire workforce. By conducting systematic training focused on key areas such as datagovernance and information security, Beijing North Star enhances the digital awareness and practical capabilities of all sta. Looking ahead, Beijing North Star will firmly leverage the Company’s “15th Five-Year” digital transformation plan as thecore engine to drive core business upgrades and value growth. We will deepen the application of smart venue scenarios andvalue creation, cultivate an open and collaborative digital ecosystem, and comprehensively strengthen the recruitment anddevelopment of digital talent. These eorts will consolidate and elevate the Company’s leading position and competitive edgein the new era of digital intelligence. Conducted dedicated studysessions on technological innovationfor the Party Committee Center Group Organized a total of dedicateddigital training sessions through theDigital and Information ManagementDepartment Organized and completed over digital research initiatives In 2025, Beijing North Star: Building the Asian-OlympicAlliance to Forge SynergisticDevelopment As the initiator and leading entity of two major platforms—the “BeijingAsian-Olympic CBD New Consumption Innovation Alliance” and the“Beijing Asian-Olympic CBD Development Promotion Association”—Beijing North Star continuously strengthens the organizationalstructure and deepens collaborative eorts. By actively expanding itsmembership base and enhancing the diversity and professionalismof the regional service ecosystem, we provide solid support forelevating the overall capacity and impact of the Asian-Olympic CBD. Beijing North Star initiated the establishment of the BeijingAsian-Olympic CBD New Consumption Innovation Alliance,bringing together 25 member entities, including BeijingState-Owned Assets Management Co., Ltd., Beijing TourismGroup, Bank of Beijing, and the China Conservatory of Music.Throughout the year, the Alliance convened four councilmeetings to systematically establish its organizational charterand operational mechanisms. These efforts have deepenedstrategic synergy among members, promoted cross-formatcollaboration and resource sharing, and driven innovation inintegrated consumption scenarios, ultimately boosting thevitality and growth of the Asian-Olympic CBD. Beijing North Star also spearheaded the establishment of theBeijing Asian-Olympic CBD Development Promotion Association,uniting 32 core members that span government departments,cultural venues, and leading enterprises. This initiative has builta cross-industry, full-value-chain collaborative resource network.By deeply integrating “culture, commerce, tourism, sports, andexhibitions,” the Association activates new drivers of regionalconsumption, propelling the area’s evolution into a dynamic,diverse, and internationally recognized landmark for consumertrends. Beijing Asian-Olympic CBD New ConsumptionInnovation Alliance Beijing Asian-Olympic CBD Development PromotionAssociation The Fourth Meeting of the First Council of Beijing Asian-Olympic CBD NewConsumption Innovation Alliance Feature Feature 2: Empowering theAsian-Olympic CBDto Create a VibrantNew TrendsettingLandmark Beijing North Star is deeply integratingthe premium resources of the Asian-Olympic CBD. Leveraging synergisticmarketing and brand events as twoprimary drivers, we continuouslypromote business format innovationand elevate the consumer experience.By accelerating the deep integrationand coordinated developmentof “culture, commerce, tourism,sports, and exhibitions,” we are fullycommitted to transforming the Asian-Olympic CBD into a trendsettinglandmark for Beijing’s consumermarket and a new platform showcasingthe capital’s international appeal. 1415 On March 11, 2025, Beijing North Star signed a strategic cooperation agreement with China Telecom Beijing andeSurng Cloud at the CNCC. Simultaneously, China Telecom Beijing ocially joined the Beijing Asian-Olympic CBD NewConsumption Innovation Alliance. By championing innovation within the service ecosystem, the three parties will deploy“5G + AI” technologies across various applications, including live broadcasts of international exhibitions, sporting events,and lifestyle experiences. This partnership empowers innovation across nine major consumer scenarios, establishing thearea as a trailblazing “5G + AI” all-scenario demonstration park and driving the qualitative upgrade of consumption inthe Asian-Olympic CBD. Healthy and Eco-Friendly Walk Asian-Olympic CBD’s Vibrant May: From May 1 to May 4, Beijing North Star organized a volunteer teamto ensure the successful execution of the Healthy and Eco-FriendlyWalk: Asian-Olympic CBD’s Vibrant May event. Integrating health,environmental protection, and recreation, the event embedded eco-friendly concepts into leisure activities. It attracted a large numberof residents and tourists, championing a new trend of green living. On June 27, 2025, Beijing North Star entered into a strategic cooperation agreement with Beijing Radio & Television Station(BRTV) at the CNCC. Concurrently, BRTV ocially became a member of the Beijing Asian-Olympic CBD New ConsumptionInnovation Alliance. The two parties will deeply integrate their respective resources in the convention and exhibitioneconomy, media broadcasting, and urban operations to jointly unlock the consumer potential of the Asian-Olympic CBD. Enterprise-to-Enterprise Synergy: Accelerating Digital Upgrades Dynamic Asian-Olympic CBD with Spectacular Events Media-Enterprise Collaboration: Forging a New Consumption Ecosystem Signing ceremony for China Telecom Beijing joining the Beijing Asian-Olympic CBD New Consumption Innovation Alliance Beijing North Star enters into a strategic cooperation agreement with BRTV at the CNCC 2025 Salon des Indépendants China Exhibition CMG Music and CNCC Elegance New Year Concert The “Healthy and Eco-Friendly Walk: Asian-Olympic CBD’sVibrant May” event Invigorating the Asian-Olympic CBD and Cultivating aProsperous EcosystemLeveraging its inherent strengths and platform resources, Beijing North Star creates and upgrades new consumption scenariosthat integrate diverse business formats. Through innovative content and signature events, we effectively drive regionalconsumption growth, injecting sustained momentum into the Asian-Olympic CBD. Looking ahead, Beijing North Star will continue to deepen the development of alliance mechanisms, explore innovativecooperation models and implementation pathways, and strengthen resource integration and synergistic efficiency. Byleveraging the Asian-Olympic CBD as a strategic focal point, we will continuously enhance our comprehensive regional servicecapabilities and international standards, actively supporting Beijing in building an international exchange platform with broadglobal inuence. Beijing Chaoyang Gourmet Sightseeing Bus—Central Axis Route: On July 27, the Beijing Chaoyang Gourmet Sightseeing Bus—Central Axis Route, jointly launched by Beijing North Star and theChaoyang Culture and Tourism Group, commenced its inauguralrun. As Beijing’s rst double-decker bus developed by state-ownedenterprises to feature a “mobile sightseeing restaurant + culturalcommentary” model, it seamlessly connects cultural and tourismlandmarks along the Central Axis by integrating transportation,dining, and sightseeing. This initiative vividly showcases both thehistoric charm and modern vitality of the capital.2025 French Salon des Indépendants China Exhibition: FromSeptember 13 to 15, the “CNCC Elegance” International Culturaland Art Exchange Exhibition—2025 Salon des Indépendants ChinaExhibition was successfully held. Themed “Sino-French Cultural‘Hyper-Connection’,” the event fostered profound artistic dialogueand integration between the two nations. This exhibition servesas a vivid manifestation of the Asian-Olympic Alliance’s resourceintegration and its eectiveness as an international platform.CMG Music and CNCC Elegance New Year Concert: From December29 to 31, the CMG Music and CNCC Elegance New Year Concert wassuccessfully hosted. This event injected a touch of high culture intoBeijing’s deeply integrated matrix of “culture, commerce, tourism,sports, and exhibitions,” further elevating the artistic and culturalambiance of the Asian-Olympic CBD. Feature 1617 Beijing North Star’s Governance: Charting a New Course in Compliance Beijing North Star’sGovernance: Charting a NewCourse in ComplianceBeijing North Star consistently integrates Party leadership with corporate governance and compliant operations.We have constructed a Three-in-One management and control system where Party building charts the course,governance lays the foundation, and compliance safeguards development. We continuously optimize agovernance mechanism characterized by clear rights and responsibilities, highly ecient operations, integrity,and compliance, thereby supporting our high-quality development through high-standard governance. Strengthening the Guidance ofParty Building Commitment to CompliantOperationsPerfecting CorporateGovernance Driving TechnologicalInnovation 18222025 SDGs address in this Part: 1819 Beijing North Star’s Governance: Charting a New Course in ComplianceStrengthening the Guidance of PartyBuilding Strengthening Party building Deepening theoretical study Strengthening the organizational system Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, Beijing North Star closely alignswith the general requirements for Party building in the new era. We systematically integrate Party building into corporategovernance and business development. Specically, we steadfastly advance full and rigorous Party self-governance,solidly promote in-depth learning and education on implementing the spirit of the central Eight-Point Regulation, andcontinuously strengthen primary-level Party organizations and the ranks of Party members. Through these eorts, weeectively translate the advantages of Party building into a powerful driving force for corporate development. Beijing North Star strictlyimplements the “Top Agenda”system and deepens the “TwoPolicies of Consistency.” Wecontinuously drive the deepintegration of Party leadershipand corporate governance.Guided by a strict tone, BeijingNorth Star advances full andrigorous Party self-governanceand focuses on deeplyintegrating Party buildingwith business operations. Thiseectively translates the Party’spolitical and organizationaladvantages into tangibleoutcomes that drive businessdevelopment, strategicexecution, and reform andinnovation. Beijing North Star places a strong emphasis ontheoretical study. The Company actively organizedpresentations on the guiding principles of theFourth Plenary Session of the 20th CPC CentralCommittee. It also promoted in-depth learning andeducation on implementing the spirit of the centralEight-Point Regulation, and carried out specialeducational programs to study and implementGeneral Secretary Xi Jinping’s important discourseson the reform and development of state-ownedenterprises and Party building. These effortsare geared toward guiding all Party members,cadres, and employees to strengthen the “FourConsciousnesses,” solidify the “Four-SphereConfidence,” and ensure the “Two Upholds,”thereby continuously fortifying the Company’sideological and political foundation. Beijing North Star continuously refines its Standardized Work Manual for Party Building (Version 2.0). This manual clarifiesthe workows and standards for activities such as the “Three Meetings and One Lecture” system, organizational life, term-transition elections, and Party member recruitment. The Company adheres to an integrated approach of “basic procedures +operational manual + negative list” to advance the standardization and normalization of Party organizations. Beijing NorthStar strictly enforces the political criteria for Party member recruitment, intensifying eorts to recruit members from key prioritygroups such as high-level talent and frontline workers. Furthermore, the Company actively organizes training programs forParty branch secretaries and “Young Marxist Project” classes. These initiatives continuously enhance the political literacyand operational capabilities of key Party and Youth League members, thereby strengthening the political and organizationalfunctions of the Party organizations. Beijing North Star holds the 2025 Warning Education Conference Beijing North Star hosts the “CNCC Elegance: Red Hearts to the Party” Concertcelebrating the 104th anniversary of the founding of the Communist Party of China Beijing North Star hosts the 2025 Training Program for Party BranchSecretaries Beijing North Star conducts the 2025 Intensive Rotational Training forParty Members Establish a leadershipsystem characterizedby “two-way entry andcross-appointment.”Normalize theincorporation of Partybuilding requirementsinto the Company’sArticles of AssociationDynamically optimizethe list of majordecision-makingmatters requiringpreliminary review anddiscussion by the Partyorganization Thoroughly conduct centralized rectication of misconduct andcorruption occurring at the grassroots levelImprove the assessment system for full and rigorousParty self-governance (Party building). By establishing aframework of “fundamentals + key priorities + highlights”and implementing dierentiated “one enterprise, onechecklist” assessments, we integrate these results into annualperformance appraisals, thereby strengthening their guidingrole.Carry out activities such as the “Education Month” for Partyconduct and clean governance, along with warning educationconferences featuring “drawing lessons from cases andpromoting reform through cases.” All these initiatives embedintegrity concepts into daily management and core businessprocesses Fully leverage the roleof primary-level Partyorganizations as “ghtingbastions” and Partymembers as “vanguardexemplars” during majortasks and daily operations.Through initiatives likeyouth talent development,value chain synergy, andjoint Party building, wefoster business innovationand drive the mutualempowerment andintegrated developmentof both Party building andbusiness operations Integration intoCorporate Governance Full and Rigorous Party Self-Governance Integration of PartyBuilding and Business In 2025, Beijing North Star and its branches and subsidiaries: Conducted presentations on the guidingprinciples of the Fourth Plenary Session of the20th CPC Central Committee Held a total of study sessions on the spirit of the centralEight-Point Regulation and special Party lectures 2021 Beijing North Star’s Governance: Charting a New Course in Compliance Perfecting Corporate Governance Standardizing the governance structure Optimizing governance mechanisms Implementing state-owned enterprise reform Beijing North Star strictly complies with relevant laws and regulations, including the Company Law of the People’sRepublic of China, and fully implements regulatory requirements such as the Code of Corporate Governance for ListedCompanies. The Company has established and continuously renes a modern governance system characterized by clearrights and responsibilities, highly ecient operations, and eective checks and balances. By continuously deepeningstate-owned enterprise reform, Beijing North Star eectively promotes its highly ecient and stable operations. Beijing North Star continuously improves its corporate governance structure. The Board of Directors has established fivespecialized committees: Audit, Strategy, Compensation and Evaluation, Nomination, and Legal and Compliance. Eachcommittee operates systematically within its dened scope of duties and authority, providing robust support for the Board’sinformed decision-making and precise strategic planning. The Board of Directors of Beijing North Star currently consists of 8members, comprising 5 internal directors and 3 independent directors. Beijing North Star systematically optimizes its corporate governance framework. The Company eectively drives a signicantleap in its overall governance capabilities by clarifying the allocation of rights and responsibilities, improving decision-makingand authorization mechanisms, building a precision-oriented performance evaluation system, elevating digital managementstandards, enhancing the competencies of personnel in key positions, and safeguarding shareholder rights and interests. Beijing North Star resolutely implements all decisions and deployments related to deepening State-Owned Enterprise reform.Anchored by the goal of high-quality development, the Company focuses on optimizing its development paradigm andstimulating endogenous growth momentum. By continuously tackling key challenges in deepening reform, Beijing North Starensures that all reform tasks yield solid results, thereby achieving long-term, sustainable development. Clarifying the Boundaries of Rights and Responsibilities: Revisingthe Company’s decision-making system for “Three Majors and OneLarge” system and the Rules of Procedure for the Board of Directors;optimizing the responsibilities of the Board of Directors and itsspecialized committees; detailing the powers of the Chairman;standardizing the management of the Board Secretary; and clearlydelineating the rights and responsibilities of all governance entities Standardizing Board Operations: Diligently preparing formeetings of the Board of Directors and its specialized committees;strengthening communication with independent directors;standardizing the procedures for convening, reviewing, anddecision-making at meetings; and intensifying the tracking andsupervision of how those decisions are executedReinforcing Digital Governance: Focusing on systematizingmanagement, translating systems into actionable checklists,and digitizing those checklists; establishing and meticulouslymaintaining the “Three Majors and One Large” decision-making and supervision system, alongside the Board of Directors’operational systemElevating Duty-Performance Capabilities: Organizing specializedtraining programs tailored for dispatched directorsSafeguarding Shareholder Rights: Streamlining communicationchannels for shareholders to rmly protect their rights to informationand participation. Standardizing the Authorization System: Adjusting the annualauthorization scheme and list from the Board of Directors to theGeneral Manager based on actual operational needs; and fullyimplementing the General Manager reporting mechanismRening the Assessment Mechanism: Formulating a dierentiatedperformance assessment plan by the Board of Directors for theexecutive management team, strengthening the alignment betweenindividual performance and corporate goals; conducting quarterlyreviews of the decision-making procedures and execution status ofsubsidiaries, actively supervising the rectication of identied issues Optimizing business layout Enhancing Vitality and Eciency The Company has systematically reviewed the latest strategic positioning and core requirements of each business segment toiteratively upgrade its management architecture. With a strong emphasis on reinforcing the core status of the convention andexhibition event service as its primary operation, Beijing North Star is building a modern industrial system characterized by aprominent core business and the synergistic development of multiple segments. The convention and exhibition event service has achieved asynergistic upgrade across its entire value chain. The Companyhas deepened its upstream hosting and organizing capabilities: Building upon the successful execution of existing projects, ithas successfully secured new projects such as the Beijing HalfMarathon Expo and the IASP World Conference. Furthermore,Beijing North Star has expanded the scale of its midstreamoperations and management, and innovated its downstreamprofessional services layout, effectively completing the closed-loop value chain of the convention and exhibition business.The convention and exhibition supporting facilities service hasmaintained steady development, with continuous improvementsin management quality and efficiency. The Company hassmoothly completed the seamless takeover of projects suchas the North Star Shopping Center and POLPAS, and efficientlyassumed management of the Chenyun Building and the OlympicTower. By optimizing policies and innovating mechanisms,Beijing North Star has stimulated operational vitality, achievingbrand upgrades and successful IP creation. Closely alignedwith the goal of fostering a data industry cluster, the Companyhas expanded the industrial park’s influence and perfected itsecosystem through targeted events and hardware upgrades. The real estate business has further strengthened regionalintegration, constructing a new “One Core, Two Wings” strategicframework. This framework is guided by the philosophy of “HolisticService” and driven by the core engine of “Dual Upgrades” (urbanrenewal and premium products). By deeply embedding its growthinto the fabric of urban evolution, the Company is achieving astrategic value transformation—evolving from a traditional “spacebuilder” into a “comprehensive lifestyle service provider” andan “urban operation partner.” The Company successfully hosted events such as the “ZhongMan Cup” Fencing Open and the Beijing International YanjingBeer Culture Festival. In deepening the North-South cross-regional cooperation between the Beijing Asian-Olympic CBDand Changsha Binjiang CBD, Beijing North Star focused ondelivering tangible results in resource sharing, data connectivity,and collaborative innovation. These initiatives have driventhe comprehensive development of diverse business formatsspanning culture, commerce, tourism, sports, and exhibitions,ultimately building a more resilient industrial ecosystem. Beijing North Star has comprehensively deepened the “Three Systems” reform and the market-oriented operatingmechanisms. We established reform objectives centered on dynamic personnel management, flexible staffing, andperformance-based compensation, alongside accelerating the digital transformation of our human resources. Westrengthened the precise alignment between performance evaluations and compensation incentives, and ensured the fullimplementation of competitive selection and performance-based adjustment mechanisms for underperforming managers.Furthermore, we actively explored medium- to long-term incentive models and strengthened the development of our youngmanagerial talent pool, comprehensively boosting our internal organizational vitality. Convention and exhibition events and supporting facilityservices Real Estate Exhibition+ IASP World Conference Outstanding Performance in the Mass Delivery of the Red Oak VillaProject The New Life Innovation Alliance of the Changsha NorthStar Binjiang CBD was ocially established, stimulating newconsumption growth driven by the integration of culture,commerce, tourism, sports, and exhibitionsThe Retrotted Changsha North Star International Hotel 2223 Beijing North Star’s Governance: Charting a New Course in Compliance Commitment to Compliant Operations Implementing compliance management Preventing and mitigating compliance risks Beijing North Star integrates compliance requirements throughout the entire operational management process. Wesystematically advance an integrated “Four-in-One” collaborative mechanism encompassing legal aairs, compliance,internal controls, and risk management. By rening corporate policies, strengthening execution, maintaining continuousoversight, and fostering a culture of compliance, we ensure that all business activities strictly adhere to compliancestandards. Beijing North Star continuously optimizes its compliance management system and comprehensively strengthens its corporatelegal framework. We have systematically enhanced intellectual property protection and the quality of our informationdisclosure, propelling our compliance management into a new era featuring systematization, standardization, andinstitutionalization. Guided by the objectives of “systematic management, eective control, and seamless synergy,” Beijing North Star has deeplyembedded compliance risk mitigation into its operations. We have achieved comprehensive oversight spanning horizontallyacross all business units and vertically through all organizational levels, continuously elevating our risk management andcontrol capabilities. Strengthening the Compliance Framework Enhancing information disclosure Advancing Legal Governance Protecting intellectual property Beijing North Star strictly adheres to institutional requirements, including the Compliance Management Measures and theCode of Compliance Conduct. Through systematic planning, targeted initiatives, regular audits, and closed-loop remediation,we have deepened our compliance reviews and optimized internal controls. This ensures that our compliance managementmechanisms operate effectively and undergo continuous iterative improvement. Concurrently, we conducted specializedcompliance training and educational campaigns, requiring all employees to sign the Compliance Commitment Letter, therebyfostering a strong culture of proactive compliance. Strictly adhering to the regulatory requirements of both the Shanghai and Hong Kong stock exchanges, we have standardizedand promptly executed the preparation and publication of our periodic reports. Furthermore, we ensured the timelyrelease of ad hoc announcements regarding major corporate events, including changes in directors, supervisors, andsenior management; nancial assistance and nancing guarantees; stake increases by controlling shareholders; valuationenhancement initiatives; and market capitalization management. Through these eorts, we maintained rigorous informationdisclosure standards. As of the end of 2025, we published a total of 262 announcements, comprising 102 for A-shares and 160for H-shares. We are continuously deepening the “Rule of Law in Beijing North Star” initiative. To this end, we formulated the “15th Five-Year” Preliminary Concepts and Development Recommendations for Legal Governance and the Measures for the Managementof Corporate Legal Governance. We rened our enterprise-specic performance evaluation mechanisms and drove the digitaltransformation of our legal operations to be more standardized, systematic, institutionalized, and intelligent, ultimatelyenhancing overall legal ecacy. Simultaneously, we strengthened the general counsel system and the development of ourprofessional legal talent pool. By organizing specialized training and themed activities—such as Civil Code Awareness Monthand legal culture work competitions—we successfully heightened legal awareness across our entire workforce. Beijing North Star has refined its intellectual property (IP) management framework and intensified its IP protection effortsto continuously elevate the value and inuence of the “North Star” brand. In 2025, we led 3 new trademark registrationapplications and 1 trademark opposition, and we actively defended against a non-use cancellation action regarding the NorthStar Class 39 trademark. Notably, our core “North Star” trademark was ocially recognized as a “Beijing Famous TrademarkBrand,” covering Class 36 and Class 41 services. This designation closely aligns with our strategic footprint in real estate andcommercial property development and operations, as well as our continued business expansion within the exhibition, cultural,and entertainment event sectors. In 2025, Beijing North Star: Established a compliance riskreporting and response mechanismchampioned by the principalexecutive, directed by the ChiefCompliance Ocer, and supportedby seamless collaborationacross relevant departments andsubsidiariesRegularly convened meetings ofthe Risk Management SteeringCommittee to analyze and evaluatecapital regulatory policies, thebroader market environment, theCompany’s liquidity and nancingstatus, and other signicantcorporate risk factorsEmbedded compliancerequirements directly into internalcontrol workows and integratedcompliance management measuresinto the internal control matrix Continuously tracked keyrisk dynamics, includingmacroeconomic policy shiftsand new industry regulations,ensuring the timely issuanceof risk alerts and responseguidelinesRegularly identied material risksand updated the Compliance RiskList.Assessed compliance risk levelsacross various operationaldomains and simultaneouslyevaluated the eectivenessof existing control measures.Based on these assessments,we updated the Internal ControlManual and formulated targetedmanagement improvement plans Reviewed annual adjustmentsto departmental and positionalresponsibilities and updated theKey Position Responsibilities List inalignment with our risk identicationndingsFormulated a new “Three-YearComprehensive Coverage (2025-2027)” internal control supervisionand evaluation plan for aliatedsubsidiaries according to theCompany’s overarching strategy andcore missionsAssessed the implementation ofcompliance risk monitoring andmitigation for new business venturesand newly established entities throughdesk reviews and on-site walkthroughtestsIntensied risk management andcontrol over critical subsidiariesand material events, and enhancedthe monitoring of key indicators tomaintain a robust and stable overallcapital structure Optimizing Institutional FrameworkRisk Monitoring and Identication Strengthening Accountability and Appraisals Maintained a dedicated team of full-timelegal professionals throughout the Company, achieving aprofessional qualication rate of 82.35 % Completed a total of credit hours of the “Legal Shield”professional development program for legal sta throughout theCompany, with total attendance exceeding participants 2425 Beijing North Star’s Governance: Charting a New Course in Compliance Upholding strong business ethicsBeijing North Star maintains a steadfast zero-tolerance policy toward any breaches of business ethics. By integrating robustinstitutional safeguards with proactive cultural guidance, we ensure that all business activities operate steadily within astandardized, transparent, and sound framework.Governance Key digital transformation projects Strategy Indicators and targets Impacts, risks, and opportunities management Beijing North Star strictly adheres to statutory requirements, including the Company Law of the People’s Republic of Chinaand the Anti-unfair Competition Law of the People’s Republic of China. We have established and rened a comprehensiveinstitutional framework featuring our Compliance Management Measures and Code of Compliance Conduct. Additionally, weenforce the execution of our anti-commercial bribery, anti-corruption, and anti-unfair competition initiatives through stringentperformance evaluations. Beijing North Star has successfully completed the constructionof several key projects, including the Centralized ProcurementPlatform, Phase I of the “Chen E-Jia” platform, the FinancialSystem Upgrade, and the Integration of Capital, Business, andFinance. Our cloud-based digital infrastructure, on-premisesdigital infrastructure, and foundational data architectureshave been progressively optimized. Furthermore, the CapitalInternational Exhibition Convention Center and the CNCCII—both managed under our entrustment—have been putinto operation as benchmark “Smart Venues,” achievingsignicant phased success. Beijing North Star maintains a steadfast zero-tolerance policy against all forms of commercial bribery. We conduct prudent duediligence and assessments for all external donations and sponsorships. Furthermore, we have established and maintain highlyaccessible whistleblowing and complaint channels, actively encouraging and protecting employees, business partners, andother stakeholders who report misconduct, thereby mitigating potential risks. We proactively organize educational and trainingprograms focused on anti-commercial bribery, anti-corruption, and anti-unfair competition to elevate integrity awarenessand professional ethics across our entire workforce, ultimately fostering a culture of integrity and a fully transparent businessenvironment. Beijing North Star will continue to optimize its anti-commercial bribery and anti-corruption governance framework. We arestrengthening our oversight and review mechanisms in key areas and critical processes, and proactively conducting corporateintegrity education, striving to dynamically eliminate integrity risks. Number of employees received anti-corruption and integrity training in the yearNumber of cases involving bribery, extortion, fraud, and money launderingNumber of corruption lawsuits led and concluded against the Company or its employees during the reporting period 6084 Person-time0 Case0 Case Launch targeted governance campaigns within theengineering and construction sectors; deepen theremediation of prominent issues in bidding andtendering processes; standardize travel expensereimbursement management; institutionalize regularcorporate integrity education; and build a robust,impenetrable risk prevention and control framework As regulatory policies continue to tighten, the integrityand compliance risks facing the Company are becomingincreasingly complex. Any compliance failures in processessuch as change order negotiations, contract execution,bidding and tendering, or travel expense reimbursementscould result in diminished operational eciency orregulatory penalties.Corruption andFraud RisksRisk ImpactMeasures Indicators in 2025 Driving Technological Innovation Governance Strategy Beijing North Star is systematically building an innovation-driven development framework. By refining top-levelgovernance mechanisms and strengthening strategic synergy, we are comprehensively advancing both digitaltransformation and industrial innovation, leveraging technology to empower business upgrades and drive valuegrowth. Beijing North Star continues to refine its cybersecurity and IT leadership framework. We promulgated the “1+5” datamanagement policy system and advanced key digital infrastructure initiatives, specifically the “Four Platforms, TwoFoundational Bases, and Two Benchmarks.” Furthermore, we organized digital benchmarking assessments, conductingcomprehensive diagnostics and optimization planning for over 30 management and business systems. These eorts lay a solidfoundation for benchmarking against industry leaders and elevating our digital capabilities throughout the 15th Five-Year Planperiod. Reached Level 3 (Stable) for Data owner inthe national Data Management CapabilityMaturity Assessment Model (DCMM) Ocial launch of Beijing North Star’s digital marketing platform,Chen E-Jia In 2025, Beijing North Star: Reached Level 3 (Scenario Level / 3-Star) inthe national Digital Transformation Maturity Model (DLMM). Achievements 2627 Beijing North Star’s Governance: Charting a New Course in Compliance CaseIn 2025, Beijing North Star prioritized the development of a comprehensive Treasury Management System and theupgrade of its financial information system platforms. Leveraging digital tools as key enablers, we continuouslyadvanced data standardization across various reporting dimensions and enhanced the integration between nancialand non-financial systems. Consequently, the efficiency of cross-level, cross-departmental, and cross-system dataexchange and consolidation has improved dramatically. Simultaneously, we focused on boosting the computingeciency of our nancial systems, broadening both the depth and breadth of our data processing and analytics. Bydeeply exploring diverse business scenarios for nancial applications, we have successfully unlocked the full value ofour data and elevated our overall nancial management capabilities. Enhancing nancial management eciency through digital transformation Industrial digitalization Digital industrialization Beijing North Star is actively driving the digital transformation of its core businesses. We have successfully optimized thefunctionalities and expanded the intelligent services of the CIFTIS digital platform. Concurrently, our North Star MembershipSystem is accelerating the development of a cross-sector loyalty points ecosystem, enabling deep customer lifecyclemanagement and value generation. Furthermore, the Convention and Exhibition Consumption Data Laboratory is proactivelyadvancing the application of industry data and the exploration of new business models. Through these data-driven andintelligent enablement initiatives, we are steadily advancing our industrial transformation. Anchored to our digital industrialization strategy, Beijing North Star systematically conducted comprehensive feasibilitystudies encompassing policy research, technology roadmapping, regional market analysis, architectural design, and nancialmodeling. As a result, we established Beijing North Star Metropolis Exhibition Digital Intelligence Technology Co., Ltd., astrategic move designed to drive the commercialization of our data assets and scale the development of our new digitalbusiness ventures. Impact, risk, and opportunity management Indicators and targets Conduct comprehensive research into industryleaders and strategic partners to evaluateemerging trends and dene clear technologicaldirections.Adopt an agile, pilot-rst approach to validatenew technologies, scaling them across theorganization only upon proven maturityAllocate dedicated resources to ensureseamless system iterations and minimizeoperational disruptions during thetransformation processFocus on core business scenarios to develophighly dierentiated digital products andservicesClosely track shifts in market demand anddynamically optimize operations and servicedelivery to maximize customer satisfaction andretention Digital technologies evolve rapidly. Failure to keeppace with cutting-edge applications could resultin legacy systems failing to meet current businessrequirements, thereby constraining operationaleciencyUncertainties in technology roadmaps mayincrease transformation costs and delay deliverytime, ultimately hindering overall transformationprogressDriven by the rapid expansion of the digitaleconomy, digital competition within the exhibitionservice and commercial property managementsectors has intensied signicantly. Consequently,the Company’s digital industrialization venturesface the risk of market squeeze from both traditionalindustry peers and cross-sector disruptors TechnologicalChallenge MarketCompetition RisksRisk ImpactMeasures Guided by our digital transformation roadmap for the 15thFive-Year Plan, Beijing North Star will comprehensively executethe “Spring Seedling” Action Plan. We are fully drivingInformation Technology Application Innovation (ITAI) upgradesfor our headquarters’ management systems, alongside themodernization of non-ITAI systems, endpoint devices, anddigital infrastructure across our subsidiaries. These concertedeorts will further accelerate our overall digital transformationjourney. Total number of valid patentsR&D investment 0.78 CNY 100 millionNos. Indicators in 2025 2726 2829 Green North Star: Pioneering a New Chapter in Ecological Sustainability Green North Star: Pioneering a New Chapter inEcological Sustainability Rening EnvironmentalManagement Promoting Energy Conservationand Emission ReductionAddressing Climate ChangeCommitting to Green Operations 30343137 SDGs address in this Part: Beijing North Star deeply integrates the principles of ecological sustainability into its business operationsand broader development strategies. We are continuously rening our environmental governance frameworkto establish a robust foundation for environmental stewardship. Anchored by the national “Dual Carbon”goals, we proactively address climate challenges by maximizing energy-efficiency potential and amplifyingemission-reduction outcomes across our operations. Furthermore, we actively collaborate with our supply chainpartners to cultivate a green ecosystem, comprehensively forging a new paradigm of green, low-carbon, andenvironmentally friendly corporate development. 3031 Green North Star: Pioneering a New Chapter in Ecological Sustainability Carbon Peaking and Carbon Neutrality Steering Committee Rening Environmental ManagementAddressing Climate Change Governance Governance Strategy Strategy Indicators and targets Impact, risk, and opportunity management Beijing North Star is committed to refining its environmental governance policy framework and steadily advancingthe implementation of key environmental protection initiatives. We effectively mitigate environmental risks andcontinuously strengthen the environmental capabilities and professional competencies of all employees. Bycomprehensively elevating our environmental management ecacy, we provide a solid foundation for the Company’sgreen and low-carbon transition. Actively responding to the strategy for achieving the two goals of carbon peaking and carbon neutrality, Beijing NorthStar has systematically built and continuously optimized its climate change governance framework. We scienticallyevaluate climate-related risks and transformation opportunities, formulating and implementing targeted measures tointegrate our low-carbon transition into our long-term development strategy. Taking the Environmental Protection Law of the People’s Republic of China and other relevant laws and regulations as ourfundamental compliance baseline, Beijing North Star has revised and optimized the Energy Conservation Management Rulesand the Environmental Management Rules in accordance with the latest regulatory requirements. These eorts strengthenthe standardization and compliance of our environmental management, further solidifying the institutional and systematicfoundation of our environmental governance. Beijing North Star has established the Carbon Peaking and Carbon Neutrality Steering Committee to oversee the organization,coordination, advancement, and execution of specific “Dual Carbon” initiatives. The executive office for this committee ishoused within the Safety, Engineering, and Environmental Protection Department. Working in seamless synergy with oursubsidiaries, the committee systematically drives our climate change response, the execution of carbon reduction pathways,and our broader low-carbon transition. Beijing North Star continuously optimizes its environmental riskprevention and mitigation mechanisms. We have institutionalized regularenvironmental hazard identification and remediation, continuouslyenhanced our emergency response capabilities for environmentalincidents, and comprehensively mitigated various environmental risks.Concurrently, we actively organize specialized environmental protectiontraining to elevate the professional capabilities of personnel in relevantpositions. Coupled with ongoing educational campaigns, we are deeplyembedding environmental awareness across our entire workforce. Beijing North Star will continue to deepen the developmentof its environmental management system and strengthen itsrisk control mechanisms. We will further enhance specializedtraining on energy conservation and environmental protectionwhile actively promoting green concepts. We strive todynamically eliminate environmental risks and rmly safeguardour environmental defense line. Environmental awareness posters displayed at BeijingNorth Star Real Estate, Beijing Continental Grand Hoteland Beijing International Convention Center Green Power Purchase Certicateof Beijing North Star Deploy online dust monitoring systems for the real-timetracking of particulate matter concentrationsFormulate and strictly enforce construction schedulemanagement protocols.Implement an end-to-end management systemencompassing source-segregated collection, complianttransportation, and designated disposal, ensuring strictadherence to environmental regulations at every stageAppoint dedicated EIA compliance specialists tosystematically monitor the latest developments inenvironmental laws, regulatory policies, and localstandards, ensuring that projects remain continuouslyaligned with current mandates Excessive discharge of wastewater, exhaust gases,fugitive dust, or noise may trigger multiple risks, includingadministrative penalties, suspension of constructionpermits, reputational damage, and intense public scrutinyFailure to adhere to standardized waste disposalprocedures poses signicant risks of soil and watercontaminationFailure to legally obtain or promptly update EnvironmentalImpact Assessment (EIA) documentation for constructionprojects could prevent the legal commencement orcontinuation of construction activities. ExcessiveEmissions Environmental protection investment in the yearNumber of cases involving illegal discharge of pollutants into the environmentNumber of cases involving damage to the natural environment CNY10,000 Case Case ImproperWasteDisposalProjectPermitting& Approvals Risks Indicator Risk Impact Unit Indicators in 2025 Measures ChairExecutiveVice ChairVice Chairs Members Deputy Secretary of the Party Committee and General Manager of the Company Deputy General Manager in charge of the Safety, Engineering, and Environmental Protection DepartmentDeputy General Managers and Senior Executives in charge of various subsidiariesHeads of the Safety, Engineering, and Environmental Protection Department; the GeneralAdministration Oce; the Publicity Department of the Party Committee; and the Finance and Treasury DepartmentPrincipal Executives of all aliated subsidiaries Implementing “Dual Carbon” initiativesBeijing North Star diligently executes its carbon peaking action plan andregularly tracks the progress of key carbon peaking and carbon neutralityprojects. We actively respond to green power policies by continuously scaling upour procurement of renewable energy. Leveraging technological innovation, weare constructing a digitalized and intelligent energy and carbon managementsystem to comprehensively support the realization of our emission reductiontargets. In 2025, Beijing North Star purchased a total of 10.493 million kWhof green electricity, equivalent to a reduction of 6,337 tons of carbon dioxideemissions. 3233 Green North Star: Pioneering a New Chapter in Ecological Sustainability Developing green buildings Pioneering carbon-neutral conventions and exhibitions Beijing North Star strictly benchmarks its projects against green building certication standards. We proactively deploy low-carbon and environmentally friendly technologies to systematically reduce carbon emissions across the entire buildinglifecycle, dedicating our eorts to delivering high-quality, green, and low-carbon property developments. Beijing North Star prioritizes materials that meet rigorous environmental standards and hold green certications. Weactively promote prefabricated construction techniques and have established a comprehensive sorting and recycling systemfor construction waste. Furthermore, we source materials locally to minimize transportation-related carbon emissions We optimize building orientation, window-to-wall ratios, and envelope designs to maximize natural daylighting andventilation, thereby signicantly reducing heating and cooling loads. We deploy high-eciency equipment and renewableenergy systems, and have developed an intelligent energy monitoring and control platform to drive down operationalenergy consumption and carbon emissions In our landscape planning, we prioritize native ora and incorporate “sponge city” design principles to bolster carbon sinkcapacity and eectively reduce the overall carbon footprint of our buildings Beijing North Star systematically embeds low-carbon development principles into the end-to-end management of itsconvention and exhibition projects. By focusing on critical operational phases, we drive the innovation and practicalimplementation of carbon reduction measures, actively exploring new, quantiable, and achievable pathways for deliveringcarbon-neutral conventions and exhibitions. Indicators and targetsBeijing North Star will continue to be guided by the national “Dual Carbon” goals. We are committed to comprehensivelyexecuting our carbon peaking action plan alongside the strategic directives of our 15th Five-Year Plan. We will maintainrigorous tracking and monitoring of our carbon emissions, ensuring the consistent compilation and disclosure of relevantindicators, thereby further elevating our climate risk resilience and management capabilities. Total greenhouse gas emissionsScope 1 direct emissionsScope 2 indirect emissionsEmission reduction from trees heldGreenhouse gas emissions per square meter of oor area (Scopes 1 and 2) Number of Green Building Certicates Metric tons of carbon dioxide equivalent (MTCO e)Metric tons of carbon dioxide equivalent (MTCO e)Metric tons of carbon dioxide equivalent (MTCO e)Metric tons of carbon dioxide equivalent (MTCO e)Metric tons of carbon dioxide equivalent (MTCO e)No. 59429 58531 0.1156 IndicatorUnitIndicators in 2025 Impact, risk, and opportunity management Establish robust policy tracking and assessment mechanisms,and actively participate in meetings designed to shape industrystandardsProactively plan and invest in R&D to strategically deploy keytechnologies for low-carbon, green building, and zero-carbontransitionsCo-build industry-academia-research collaborative platformswith top-tier universities and scientic institutions to continuouslytrack frontier technologiesFormulate upgrade roadmaps for traditional technologies tosystematically enhance energy and resource utilization eciencyAccelerate the launch and expansion of “green productportfolios”Comprehensively elevate the green certication levels andmarket coverage of our products and servicesInstitutionalize regular ESG information disclosure mechanismsProgressively advance the publication of independently veriedreports detailing carbon neutrality progress and emissionreduction performanceFormulate specialized emergency contingency plans tailored todistinct disaster typesStrengthen meteorological monitoring and early warningsystemsComprehensively promote the adoption of water-savingtechnologies and intelligent energy management systems The introduction of more stringentgovernment regulations may drive upcompliance costsThe rapid iteration of green andlow-carbon technologies andshortening innovation cycles exposetraditional technologies to the risk ofobsolescenceEscalating customer demand forgreen buildings is intensifying marketcompetitionFailure to meet carbon neutralitytargets could damage the Company’sbrand image and credibility, potentiallytriggering ESG rating downgrades anderoding investor condenceExtreme weather events (e.g., torrentialrain, gale-force winds) threaten theoperational safety and constructionschedules of existing properties andexpansion/renovation projectsProlonged heatwaves and droughtsexacerbate water supply constraintsand negatively impact building energyconsumption Policy andLegalTechnologyMarketReputationAcuteChronicPhysical Risks TransformationRisks Risk typeRisk ImpactResponse Strategies Carbon Neutral Service Certicate awarded by the China BeijingGreen Exchange (CBGEX) for the 2025 China Events Industry Digital &Innovation Conference Carbon Neutrality Certicate awarded by the CBGEX for the CIFTIS 2025 Carbon Neutrality Certicate for the World GasConference 2025 Case During the World Gas Conference 2025, the CNCC II—managed byBeijing North Star under entrustment—partnered with the BeijingEnergy Conservation and Environmental Protection Center to pioneer acomprehensive carbon neutrality framework. This end-to-end systemencompassed pre-event emission reduction, in-event management, andpost-event osetting. We proactively engaged technical experts to conducta rigorous carbon footprint assessment across the entire event lifecycle.Ultimately, we successfully offset 4,544.76 metric tons of carbon dioxideequivalent (tCO2e) utilizing Carbon Inclusive Benet Mechanism generatedby the “2024 Beijing Green Life Platform Kuaidian New Energy VehicleCharging Carbon Reduction Scenario.” By achieving full carbon neutralityfor the conference, we signicantly broadened the practical pathways andsocial impact of our green, low-carbon development philosophy. Beijing North Star awarded Carbon Neutrality Certicate for the World Gas Conference (WGC) 2025 EnvironmentalBuildingMaterials Energy-Ecient Design EcologicalIntegration 3435 Green North Star: Pioneering a New Chapter in Ecological SustainabilityPromoting Energy Conservation andEmission Reduction Conservation of energy and resources Guided by our commitment to green development, Beijing North Star systematically implements energy-savingtechnological retrots and management optimizations. We are proactively optimizing our energy mix and enhancingoverall utilization eciency. Concurrently, we are strengthening both the source control and end-to-end management ofpollutants, striving to achieve a harmonious balance between economic performance and environmental stewardship. While thoroughly executing our overarching energy conservation and environmental protection strategies, Beijing North Starhas established a robust, long-term management mechanism. We systematically drive technological upgrades and businessmodel innovations, continuously deepening targeted energy-saving initiatives to elevate our overall energy and resourceutilization eciency. In 2025, the Company’s total energy consumption stood at 15,310 tons of standard coal equivalent (tce),representing a 2.4% year-over-year decrease compared to 15,682 tce in 2024. Equipment Retrots: Execute upgrades and variable-frequency drive retrots on energy-intensive equipment,including refrigeration units, water pumps, andescalatorsPrecision Operations: Precisely regulate cooling andheating systems, dynamically adjusting operationalstrategies based on ambient temperature, foot trac,and event schedules; intensify equipment inspectionsand maintenance to eradicate leaks and operationalineciencies, and establish mechanisms for monitoring,tracing, and rectifying energy consumption anomaliesIntelligent Systems: Broadly deploy smart energymanagement systems to enable real-time monitoring ofenergy consumption data Eco-Friendly Materials: Explicitly mandate exhibitors to minimize the use of single-use booth construction materials, whileactively encouraging the reuse of public infrastructure from previous eventsUpcycling Food Scraps: Innovate the culinary processing of food trimmings and by-products—such as transforming broccolistems into appetizers or incorporating okara into steamed buns—to maximize food utilizationPlastic Reduction Initiatives: Enforce a comprehensive ban on single-use plastics; mandate the use of biodegradabletableware and reusable glassware or ceramics for all event catering and coee breaks; and collaborate with partners tochampion a “Bring Your Own Cup” campaign, supported by the strategic installation of ample direct drinking water stationsacross public areasPaperless Events: Leverage proprietary venue apps, mini-programs, and digital navigation systems to digitize the distributionand accessibility of event agendas, materials, and notications, signicantly reducing reliance on printed documents Equipment Management: Mandate the use of water-ecient xtures; institutionalize regular inspections andprompt maintenance of water supply systems to strictlyprevent leaks and wasteCircular Utilization: Proactively advance water recyclinginitiatives, such as harvesting condensate water anddeploying reclaimed water systems, thereby maximizingwater use eciency Energy Management Material Management Water Resource Management Before and after boiler retrots Interface of the Intelligent Power Distribution Management System Before and after chiller unit retrots Before and after the circulating water pump retrots Case Case In 2025, the V-Continent Beijing Parkview Wuzhou Hotel implemented three major energy-saving retrofit projects.These initiatives are projected to achieve annual electricity savings of 166,700 kWh and annual fuel oil savings of 8.82metric tons, equating to a total annual energy savings of 57.69 tce. In recognition of these eorts, the hotel successfullysecured CNY 521,500 from the Chaoyang District Energy Saving and Carbon Reduction Special Funds. In 2025, the Public Facilities Management BranchCompany successfully installed and commissioned anintelligent power distribution system. By establishinga central management hub and equipping datacollection points across the Asian Games Village andthe CNCC areas with remote meter-reading devices,we have enabled the centralized remote collectionand real-time monitoring of regional electricity data.The system generates quantitative analyses, yieldingdistribution curves and proportional breakdowns ofcritical energy consumption. These insights allow usto formulate evidence-based recommendations forelectricity usage, providing robust data support forcurrent energy conservation initiatives and futuretargeted eciency retrots. Fuel-Fired Boiler Retrots: The hotel replacedfour legacy, energy-intensive fuel-red boilerswith three 385 kW fully automated electric hotwater boilers. Concurrently, the associatedpower supply systems were upgraded. Thisachieved a complete clean-energy transitionfor the backup heating system, signicantlyenhancing the environmental sustainability ofthe hotel’s energy consumption.Chiller Unit Upgrades: The inecient No. 1chiller was replaced with a Tier-1 energy-ecientcentrifugal chiller featuring a cooling capacityof 2,039 kW and a power rating of 390.9 kW.Additionally, variable-frequency drives wereinstalled on the No. 2 chiller, and the condenseron the No. 3 chiller was replaced. These targetedupgrades have comprehensively boosted overallsystem energy eciency and operational exibility.Circulating Water Pump Upgrades: Wecomprehensively upgraded our agingcirculating water pumps to address long-termeciency degradation. A total of nine high-eciency pumps were installed—comprisingthree chilled water pumps, three cooling waterpumps, and three heating circulation pumps.This initiative signicantly reduced transmissionenergy consumption and enhanced the overallenergy eciency of the system. V-Continent Beijing Parkview Wuzhou Hotel executes three major energy-saving retrot projects Public Facilities Management Branch Company sets up an intelligent power distribution system 3637 Green North Star: Pioneering a New Chapter in Ecological Sustainability Coee corner enclosure made of recyclable corrugatedcardboard Energy conservation signage displayed at the Beijing ContinentalGrand Hotel and Beijing International Convention Center The Capital International Exhibition Convention Center, managed byBeijing North Star, utilizes smart waste bins to optimize collection anddisposal workows Case In partnership with the organizers of the 10th AnnualMeeting of the Board of Governors of the Asian InfrastructureInvestment Bank (AIIB), Beijing North Star developed acomprehensive green system covering the entire lifecycleof the event. Sustainability was embedded in every detail—from venue decorations using recyclable materials and theprovision of biodegradable tableware, to a signage systemintegrating digital displays with recycled materials. The eventfeatured coffee corners with reusable corrugated cardboardenclosures, public areas utilizing recyclable facilities, andprominent waste sorting guidelines. Furthermore, the venue isequipped with a 600-square-meter solar thermal system. Byintegrating smart technology with environmental stewardship,this system has pioneered a modern, highly efficient, andenergy-saving operational model for our venues. Beijing North Star establishes an end-to-end green convention and exhibition system Controlling pollution emissions Beijing North Star has systematically established a pollution prevention and control framework targeting key pollutants,including solid waste, wastewater, exhaust gas, and construction dust. We strictly adhere to emission standards and achievereal-time monitoring and closed-loop management of emission sources through dynamic updates and self-inspections of ourEnvironmental Facilities and Equipment Management Checklist and Pollution Source Statistics Checklist. These eorts enhancethe eectiveness of our pollution control measures and practically mitigate the environmental impact of our operations. In2025, there were no incidents of illegal or non-compliant pollutant emissions. For consecutive years, we have partnered with licensedprofessional agencies, maintaining technical serviceagreements for the safe and compliant disposal ofhazardous waste. This ensures the centralized andenvironmentally sound treatment of hazardousmaterials generated during our operations, includingspent uorescent tubes, spent lead-acid batteries, andused toner cartridgesActively promote the use of phosphorus-free cleaningagents across our facilities to mitigate water pollution Precision Source Separation: We have comprehensivelydeployed four-stream waste sorting bins across allvenue areas, including meeting rooms, dining halls,office spaces, and guest rooms. Designated drop-offpoints for food waste and recyclables are establishedat tray return stations in dining areas, accompanied byclear, illustrated signage to accurately guide both staand guests in proper waste sortingProfessional Interim Collection and Oversight: Foodwaste is systematically collected and temporarily storedbefore being transferred to government-designatedprofessional treatment facilities for centralized handling.Recyclables, including paper, plastic bottles, andmetals, undergo a secondary sorting process and aresubsequently handed over to certied resource recoveryenterprises for compliant processingTerminal Data Tracking: We comprehensively collectcore information across all waste categories—includinggeneration volumes, transfer quantities, and finaldisposal destinations—providing robust data support forongoing management optimization Huibin and Huixin Project Department of BeijingNorth Star Commercial Management China National Convention Center Energy Management Water Conservation Green Commuting Initiatives Paper and Oce Supply Conservation Committing to Green Operations Promoting green oce practices Engaging in environmental public welfare Beijing North Star integrates green development principles into its overall operational management. We extensivelypromote sustainable oce practices, proactively engage in environmental public welfare initiatives, and leverage greenprocurement as a key driver to elevate the environmental performance of our supply chain partners. Together, we arecultivating an environmentally friendly and sustainable business ecosystem. Beijing North Star has formulated and issued internal governance documents, including the Implementation Plan for EnergyConservation in Public and Oce Areas and the Code of Energy-Saving and Low-Carbon Conduct. We exercise stringent controlover the consumption of energy, paper, and water resources. Supported by multi-channel and multi-form environmentaladvocacy campaigns, we actively encourage all employees to embrace a minimalist, moderate, and low-carbon approach totheir work and daily behaviors. Beijing North Star actively organizes and participates in environmental public welfare activities, translating ecologicalconservation concepts into concrete actions. These initiatives signicantly enhance the environmental awareness of bothour employees and the general public, deeply cultivating a corporate culture of green development. Ensure that oce lighting, air conditioning, and computersare turned o when personnel leave the premises tominimize standby power consumptionOptimize lighting controls in public areas by maximizingnatural daylighting during the day and strictly enforcingscheduled switch-on/o times at night Prominently display water conservation signage in key usageareas, such as pantries and restrooms Advocate for the use of public transportation, cycling, orwalking to proactively reduce the frequency of corporate andprivate vehicle usage Comprehensively promote paperless oce operations tosignicantly reduce reliance on printed documentsDefault to double-sided printing and systematically collectsingle-sided printed paper for internal reuse as scratchpaperOptimize the use of oce stationery and actively avoid theprocurement of single-use items 3839 Green North Star: Pioneering a New Chapter in Ecological Sustainability Views before and after lights out at Beijing International Convention Center, Beijing Continental Grand Hotel, and V-Continent BeijingParkview Wuzhou Hotel Micro-wetland in the central garden of the Asian Games Village Views before and after lights out at CNCC Case On March 22, 2025, answering the call of Beijing North Star, multiple aliated properties joined landmark buildingsacross the globe in simultaneously turning o their non-essential lights for 60 minutes.Asian Games Village: The landscape lighting within the Asian Games Village was turned off one hour ahead ofschedule, saving 132.46 kWh of electricity and reducing carbon emissions by 82.19 kg. The Public Facilities Management Branch Company: Transformed the lawn of the Asian Games Village into a micro-wetland. This newly created habitat is now home to dozens of terrestrial plant species, over ten varieties of wetland plants,and three to four sh species. This initiative has eectively boosted the local oxygen content and signicantly improved theoverall ecological environment and biodiversity of the Asian Games Village. InterContinental Beijing Beichen Hotel: Organized a community clean-up public welfare initiative at the Olympic ForestPark. While immersing themselves in the Olympic cultural atmosphere and natural beauty, participants actively collectedlitter along the trails, including cigarette butts, paper scraps, water bottles, and plastic bags. Through these concreteactions, participants strengthened their environmental awareness and contributed to the cultivation of a beautiful,sustainable city.CNCC: Participating in Earth Hour for the 14th consecutive year. CNCC not only turned off its exterior landscapelighting and selected indoor illumination, but also proactively displayed campaign posters on digital screens. Thisearly engagement eectively encouraged employees and clients alike to dedicate an hour to the Earth. Beijing North Star participates in “Earth Hour” Movement Implementing green procurement Beijing North Star integrates environmental principles throughout its end-to-end supplier management process.By defining clear standards and protocols for every operational phase, we are driving the evolution of our greenprocurement strategy from mere “compliance” to “proactive practice.” Through this strategic approach, we eectivelyguide our supply chain partners to collaboratively achieve a comprehensive green transition. We prioritize green certicationsduring supplier screening, givingpreference to products thatpossess qualications such as theChina Environmental Labellingand Energy Conservation ProductCertications Packaging must utilize recyclable,biodegradable, or environmentallysound materials, strictlyavoiding over-packaging andtoxic or hazardous substances.Furthermore, transportationvehicles must comply with nationaland local emission standards,requiring the regular submissionof valid environmental inspectioncerticates We conduct regular suppliercompliance and performanceevaluations. For non-compliantsuppliers, we initiate correctiveinterviews, mandate rectications,and, if necessary, suspendpartnerships Supplier OnboardingProcess ManagementEvaluation & Assessment 3839 North Star’s Commitment: Co-Creating a Brighter Future 4041 Beijing North Star is dedicated to co-creating value and sharing prosperity with all stakeholders. Adhering to apeople-rst philosophy, we foster the mutual growth of our employees and the Company. We proactively joinhands with our partners to drive industry synergy and progress. By continuously cultivating our brand value,we reward customer trust with high-quality products and services. Furthermore, we actively invest in publiclivelihoods and rural revitalization initiatives, earnestly fullling our corporate responsibilities and contributingto the harmonious development of society. North Star’s Commitment: Co-Creating a Brighter Future Building a Harmonious WorkplaceLeading with Brand ValueAchieving Mutual Success withOur Partners Dedicated to Giving Back to Society42484752 SDGs address in this Part: North Star’s Commitment: Co-Creating a Brighter Future 4243 Building a Harmonious Workplace Fostering workforce cohesion With the establishment of harmonious and stable labor relations at its core, Beijing North Star comprehensivelysafeguards the legitimate rights and interests of its employees. We continuously optimize our talent cultivation systemsand career development pathways while solidly advancing comprehensive employee care initiatives. Furthermore, westrictly enforce occupational health and safety management, ultimately forging a virtuous cycle of mutual empowermentand synergistic growth between our employees and the Company. Beijing North Star consistently regards its employees as its most valuable asset. We have established a robust andcomprehensive support system founded on the protection of rights, centered on empowering growth, and bonded byemployee care. This holistic approach not only facilitates the mutual development of our staff and the enterprise but alsocontinuously strengthens overall organizational cohesion and the employees’ sense of belonging. Governance Strategy Beijing North Star has revised and refined core policies, including the Employee Compensation Management Measures,Supplementary Medical Insurance Management Measures, and Headquarters Employee Benets Management Measures. Wecomprehensively evaluated the implementation of our “14th Five-Year” Human Resources Plan. Furthermore, in alignmentwith the development directions set by the Beijing Municipal SASAC for the “15th Five-Year” period, we have claried ourstrategic objectives and implementation pathways, laying a solid foundation for our human resources management. Beijing North Star strictly adheres to all internal management policies and focuses on building a comprehensive and eectivelyenforced employee rights protection system. We are dedicated to actively safeguarding the legitimate rights and interests ofour workforce and are committed to creating an equal and inclusive working environment for all employees. Beijing North Star actively implements our “Talent-Driven Enterprise” strategy by comprehensively optimizing our talentdevelopment framework. By continuously strengthening our talent pipeline and internal mobility mechanisms, we haveestablished a multi-channel growth pathway that spans the entire career lifecycle, effectively stimulating the vitality andpotential of our workforce. Uphold the principles of open, fair, and impartial recruitmentProhibit the use of child labor and forced labor Developed a comprehensive compensation matrix to establish a unied corporate remuneration system, furtherclarifying our guidelines for compensation distributionStrictly adhered to the Headquarters’ Employee Compensation Management Measures to ensure the timelydisbursement of salaries, maintaining a record of zero delayed or overdue paymentsImplemented the rectication requirements mandated by the Beijing Municipal Human Resources and SocialSecurity Bureau following its wage and income distribution audits, standardizing our employee benets andwelfare provisionsConvened the Fourth Session of the Fourth Workers’ CongressConducted comprehensive self-assessments regarding the transparency of corporate aairs and workplacedemocratic management practices Established an electronic labor contract management systemLowered the deductible threshold for medical insurance, introduced digital self-service platforms, and enhancedthe timeliness and convenience of reimbursement settlements Safeguarding employee rights Empowering growth Fair Employment Compensationand Benets Social Securityand Benets DemocraticManagement We are optimizing our full-lifecycle talent management,encompassing the “attraction, development, deployment, andretention” of personnel. Externally, we are actively expandingstrategic partnerships, while internally, we have establisheddedicated recruitment platforms. By dening foundationalcompetency models for key positions, we strictly enforce ourhiring standards. Furthermore, we have established a robustperformance evaluation mechanism, utilizing assessment resultsas a critical basis for job appointments and talent pipelinedevelopment. We strictly execute our “Six-Step” selectionprotocol for management personnel to optimize the structureand eectiveness of our leadership teams. Additionally, we focuson the continuous pipeline building and systematic cultivationof outstanding young managerial talent, thereby fortifying ourorganizational talent foundation. We have established a comprehensive talent developmentmechanism covering both business management andprofessional skills. Leveraging platforms such as the North StarField Learning Institute, we implement tiered and categorizedtraining to enhance the political awareness, professionalcompetencies, and leadership skills of our core personnel.We are deeply committed to implementing the “CraftsmanInitiative,” focusing on the cultivation of highly skilledprofessionals to stimulate the innovative vitality of our industrialworkforce. This enables us to build a versatile talent pipelinethat supports the Company’s high-quality development. In2025, Beijing North Star was successfully recognized as oneof Beijing’s inaugural “Chain Master” enterprises within the“Industry-Education-Evaluation” skills ecosystem. Optimizing the Talent SystemPrioritizing Talent Development Case On June 16, 2025, Beijing North Star officially launched itsinaugural “Emerging Leaders” Program for young talent atRenmin University of China. The training was anchored by threecore objectives: deepening cultural alignment and a sense ofmission, systematically enhancing comprehensive capabilities,and fortifying a mindset for collaboration and innovation. Overthe course of an 18-day intensive training period, 60 key youngtalents completed 15 academic courses, team-building exercises,leadership business simulations, and site visits to benchmarkenterprises. Furthermore, through a themed workshop on“Cost Reduction, Efficiency Enhancement, and SynergisticDevelopment,” the program facilitated the practical applicationof learning outcomes, eectively driving the professional growthand operational capabilities of our young core team. Beijing North Star launches the inaugural “Emerging Leaders” Program for young talent Beijing North Star’s inaugural “Emerging Leaders”Program for young talent Beijing North Star hosts employee salons to cultivate professionalcompetencies Beijing North Star and ICCA sign a cooperation agreement for thethree-tier certication curriculum of the CIBEP program North Star’s Commitment: Co-Creating a Brighter Future 4445 Beijing North Star hosts a series of employee mental health andwellbeing bootcamps Beijing North Star hosts an employee basketball match Centered on the actual needs of our employees, Beijing North Star meticulously plans and executes a diverse array ofemployee care and assistance programs. These include seasonal wellbeing initiatives—such as winter warmth and summercooling campaigns—as well as exam season support programs. We are committed to addressing practical challenges andsolving real problems for our workforce. Furthermore, through a rich variety of cultural and sports activities, we enrichour employees’ personal lives and cultivate a warm, harmonious, healthy, and united working environment, continuouslyenhancing their sense of happiness and belonging. By the end of 2025, our employee mutual aid insurance program hadsuccessfully processed claims for 331 individuals, amounting to a total of over CNY 1.16 million. Employee wellbeing Rigorously review the wording of recruitmentannouncements, establish standardized andstructured interview processes, and standardize thecontent of employment oersEstablish robust succession plans for key positionsPromote internal competitive recruitment and jobrotation mechanismsPrudently select employment models based onspecic role characteristics, standardized relevantemployment agreements, and strictly avoid the directoperational management of outsourced personnel Legal risks associated with potential discriminationduring the recruitment process.Elevated turnover rates resulting from misalignmentbetween personnel and role requirementsThe risk of a succession gap in core positions that heavilyrely on long-term accumulated experienceUnclear legal boundaries regarding various employmentmodels (e.g., labor dispatch and outsourcing), whichcould lead to them being deemed a de facto employmentrelationship, thereby incurring direct employer liabilities Talent Acquisitionand DeploymentDiversiedEmploymentModels RisksRisk ImpactMeasuresImpacts, risks, and opportunities management Indicators and targets Beijing North Star will continue to optimize its workforce structure and employment models while rening its human resourcesallocation mechanisms. By advancing targeted recruitment and high-quality selection, we aim to strengthen the dynamicalignment between our talent and their respective roles. We will systematically broaden career progression pathwaysto stimulate intrinsic motivation, comprehensively deepen our employee wellbeing initiatives, and elevate our overallorganizational eectiveness. Total number of employeesPercentage of female employeesPercentage of employees trained Labor contract signing rate Coverage of social insurance No.%%%% 4729 42.9 98.76 IndicatorUnitIndicators in 2025 Safeguarding health and safetyBy continually rening our management systems, strictly executing standardized procedures, and conducting regular training,Beijing North Star steadily enhances the occupational health awareness and safety behavioral competencies of our entireworkforce. With these eorts, we are dedicated to cultivating a safe, stable, and healthy working environment for all.Governance Strategy Beijing North Star has scientifically structured and continuously refines its occupational health and safety and work safetymanagement system. We are solidly advancing our “Three-Year Special Action Plan for Eliminating Root Causes of Work SafetyRisks.” By strengthening end-to-end safety supervision—from the strategic source to the operational frontlines—and strictlyenforcing health and safety responsibilities, we are consolidating a robust foundation for safe development. Beijing North Star highly prioritizes occupational health protection. We build a robust, multi-dimensional defense foroccupational health and safety by regularly organizing comprehensive health examinations for all employees, activelyconducting occupational health and safety training, optimizing work environments, and standardizing the management andutilization of personal protective equipment. In 2025, employee participation in health knowledge quizzes associated with ourmutual aid insurance program exceeded 1,900 instances. Beijing North Star consistently regards workplace safety as a paramount priority for corporate development. We are committedto preventing and mitigating major risks at their source, driving the establishment of a risk prevention and control mechanismcharacterized by universal participation, end-to-end coverage, and comprehensive implementation, thereby effectivelyelevating our intrinsic safety levels. In 2025, Beijing North Star was honored with the title of “Outstanding Enterprise in theAssessment of Peaceful Beijing Construction” among municipal state-owned enterprises. Occupational health Work safety Beijing North Star CommercialManagement introduces innovative“Safety Letters to Families,” extendingcorporate safety culture into employees’households Focusing on key operational scenarios such as high-rise buildings, large-scalecommercial complexes, and convention and exhibition venues, we conduct regular,targeted inspections and remediations in critical areas. These include hot workoperations, re control rooms, gas and cold storage facilities safety, and conned spaceoperations. Furthermore, we regularly organize comprehensive emergency drills tostrengthen our specialized emergency response teams and enhance our capabilities forincident management and coordinated response during emergencies.We attach great importance to the development of our corporate safety culture. Byorganizing specialized campaigns such as “Work Safety Month” and the “Safe SoundCup” Fire Safety Skills Competition, and integrating them with routine, targeted safetytraining, we drive the safety principles into the hearts of all employees. This ensures thatsafety awareness is effectively translated into the conscious actions and sustainable,long-term practices of all employees. Preventing Safety Risks Cultivating a Safety Culture North Star’s Commitment: Co-Creating a Brighter Future 4647 Establish a comprehensive work safety management frameworkthat covers all operational scenarios, supported by routine safetyaudits and dynamic update mechanismsConduct targeted safety training and specialized emergency drillsto elevate safety awareness and incident response capabilitiesForm dedicated emergency response teams and maintain adequatestockpiles of emergency supplies and equipment to ensure swiftand eective responses Commercial and exhibition operations—characterized by high crowd density, complexequipment, and numerous operational phases—aresusceptible to multiple safety risks. These includeres, crowd stampedes, security incidents, andequipment failures. Such risks could potentially leadto personal injury, property damage, operationaldisruptions, legal disputes, and reputationaldamageWorkSafety RisksRisk ImpactMeasuresImpacts, risks, and opportunities management Indicators and targetsBeijing North Star will continuously deepen its occupational health and safety management and steadfastly advance its specialaction plan for eliminating root causes of work safety risks. We will intensify risk inspections and targeted remediations atcritical venues, thoroughly promote the cultivation of a corporate safety culture alongside comprehensive employee education,and consistently fortify the foundation for our safe and healthy development. Total investment in work safetyNumber of participants of work safety trainingCoverage of work safety trainingNumber of lost workdays due to work-related injury Number of work-related fatalitiesIncidence rate of work-related accidents recordable within 200,000 hours Incidence rate of occupational diseases CNY 100 million Person-time %DayCase % % IndicatorUnitIndicators in 2025 Case Case On November 19, 2025, Beijing North Starsuccessfully hosted the “Safe Sound Cup” FireSafety Skills Competition and the “119” FirePrevention Awareness Day event. Twelve teamsengaged in practical reghting drills on a nearly50-meter course. The event also featured fireequipment identication exercises and simulated“escape tent” evacuation experiences. Thesehands-on activities enabled attendees to masterpractical fire safety skills and enhance theircapabilities in emergency response, self-rescue,and mutual aid through immersive interactions,deeply embedding the core philosophy of “FireSafety for All, Life Above All.” On September 11, 2025, the China Exhibition Index Report(2024)—innovatively co-compiled by the Beijing North StarConvention and Exhibition Research Institute and the ChinaConvention and Exhibition Society—was officially launchedat the 4th International Convention and Exhibition EconomyDevelopment Forum. The report provides a systematicanalysis of the industry’s development trajectories amidstconsumption recovery and the wave of digitalization, oeringrobust data support for the sector’s continued growth.Marking the seventh consecutive year of publication for thisseries, the initiative leveraged strategic data collaborationwith the China Convention and Exhibition Society to streamlinedomestic industry data channels. This milestone represents agroundbreaking “zero-to-one” achievement in establishinga nationwide exhibition index evaluation framework, fullydemonstrating Beijing North Star’s pioneering leadershipand innovative capabilities in the research on convention andexhibition event service industry. Beijing North Star hosts the “Ensuring Safety, Driving Operations” Fire Safety Skills Competitionand “119” Fire Prevention Awareness Day event Beijing North Star Convention and Exhibition ResearchInstitute releases the China Exhibition Index Report (2024) The “Safe Sound Cup” Fire Safety Skills Competition and “119” FirePrevention Awareness Day event China Exhibition IndexReport (2024) North Star Commercial Managementhosts a centralized training sessionto help suppliers navigate commonchallenges when operating the digitalplatform Achieving Mutual Success with Our Partners Deepening strategic cooperation Supportingindustrydevelopment Strengthening supply chain management Upholding the philosophy of mutually benecial collaboration, Beijing North Star continuously expands and deepens itsstrategic partnerships. We actively participate in industry dialogues, sharing our practical experiences and leveraging ourown explorations to drive industry-wide progress. Furthermore, we are dedicated to strengthening sustainable supplychain management and promoting the development of a responsible supply chain ecosystem, striving to achieve valueco-creation and shared success. Beijing North Star actively cultivates a diverse and open collaborative ecosystem, continuously expanding our network of high-quality partners.By broadly integrating internal and external innovation resources and developmental capabilities, we systematically enhance our synergisticeciency, thereby steadily fostering and reinforcing our long-term core competitive advantages. Beijing North Star actively participates in andsupports premier convention and exhibitionindustry events and forums both domesticallyand internationally. We proactively share ourpractical achievements and industry insights,placing a strong emphasis on industryresearch and think tank development. We aredeeply involved in the formulation of industrystandards and have published the ChinaExhibition Index Report for seven consecutiveyears. Through our specialized researchcapabilities and authoritative data systems, weprovide systematic support and professionalguidance for the high-quality development ofthe convention and exhibition event serviceindustry. Beijing North Star continuously advances theoptimization and upgrading of our suppliermanagement system. We have formulatedand strictly enforced the Regulations onProcurement and Bidding Managementfor Goods and Services, establishing arobust control mechanism that coverscritical phases such as supplier admission,competitive bidding, and bid evaluation.By comprehensively deploying a digitalprocurement platform, we systematicallystandardize procurement workows whileclarifying roles and responsibilities. Thisapproach enables the end-to-end, closed-loop management of our procurementactivities, ultimately cultivating an open,transparent, secure, reliable, and highlycollaborative supply chain ecosystem. Supplier Admission: Conducting rigorousqualication due diligence, performingcomprehensive risk screenings, and strictlyexecuting admission protocolsSupplier Selection: Selecting appropriatepartners openly, fairly, and rationally throughcompetitive bidding and evaluation processesSupplier Evaluation: Conducting annual andperiodic assessments to evaluate ongoingsupplier performance and contract fulllment.Based on these assessment results, we issueformal feedback, mandate rectications, orapply penalties as necessary North Star’s Commitment: Co-Creating a Brighter Future 4849 Leading with Brand Value Forging exceptional quality Beijing North Star steadfastly advances the quality enhancement of its products and services, consolidating the corefoundation of our brand. We continuously deepen our brand-building initiatives to expand our comprehensive brandinuence and enhance social identity, eectively demonstrating our brand value. Beijing North Star is committed to delivering high-quality services guided by standards of excellence. By embedding the spiritof craftsmanship into our end-to-end engineering and construction processes, we drive the simultaneous enhancement ofboth service and product quality. While deepening our brand essence, we create reliable, sustainable, and long-term value forour customers, partners, and society at large. GovernanceBeijing North Star continuously renes its product and service quality management system. Focusing on critical areas such asservice assurance, engineering management, and project operations, we have enhanced our standardized policy framework.By clarifying operational standards and accountability mechanisms across all phases, we ensure that our products andservices consistently meet customer expectations.StrategyBeijing North Star has accelerated the expansion of its event hostingand organizing operations. We successfully executed establishedevents, such as the CIFTIS and the China Beijing International High-Tech Expo (CHITEC). Furthermore, we successfully launched six newconvention and exhibition projects—each exceeding 10,000 squaremeters in scale—including the 2025 Beijing International HealthyLifestyle and Consumption Expo and the Beijing International SeniorCare and Aging Industry Expo. Consequently, our annual portfolio ofhosted and organized exhibition projects has reached a total of 22. Adhering to the “best practice” standards, Beijing North Star awlessly executed support services for various major state andgovernment events throughout the year, relying on our professional and highly ecient operational capabilities. This vividlyillustrates the pinnacle of our service quality and professional expertise. Innovative upgrades in event hosting and organizing operations Delivering high-quality support for state and government events 2025 China International Fair for Trade in Services The 3rd Conference of the 14th CPPCC Beijing MunicipalCommittee The Fourth Ministerial Meeting of the China-CELAC Forum The 27th China Beijing International High-Tech Expo The 11th Beijing International Senior Care and AgingIndustry Expo From September 10 to 14, the 2025 CIFTIS was held at Shougang Parkin Beijing. Embracing a “zero-base” mentality and a commitmentto continuous renewal, Beijing North Star focused on “global reach,digital intelligence, seamless convenience, and distinct features” tocraft a novel, multidimensional attendee experience. We achieved newbreakthroughs across various fronts, including exhibitions and displays,conferences and forums, and market-driven investment promotion. From January 13 to 17, the 3rd Conference of the 14th CPPCCBeijing Municipal Committee was successfully convened.Beijing North Star eciently fullled all service mandates. Byensuring absolute punctuality and executing awless, zero-errortransitions between sessions, we earned unanimous acclaimfrom committee members and administrative sta alike. On May 13, the Fourth Ministerial Meeting of the China-CELACForum was grandly convened. Adhering to the “Beijing NorthStar Standard,” Beijing North Star fully coordinated its diverseportfolio of resources to ensure the seamless execution of theconference. On May 8, the 27th CHITEC opened at the National Convention Center.Beijing North Star ensured the seamless execution of the expothrough our professional and highly ecient “North Star Service.”By leveraging our competitive edge in smart venue operations, wesignicantly upgraded the event experience, ultimately helping thisyear’s CHITEC achieve a record-breaking scale in its history. On October 29, 2025, the 11th Beijing International Senior Careand Aging Industry Expo ocially opened. Leveraging ourindustry expertise, Beijing North Star played a pivotal role indriving a signicant expansion in the expo’s scale compared toprevious editions. On-site view at the 2025 CIFTIS Pre-session preparations for the 3rd Conference of the 14th CPPCCBeijing Municipal Committee Pre-meeting preparations for the Fourth Ministerial Meeting of theChina-CELAC Forum On-site view at the 27th CHITEC On-site view at the 11th Beijing International Senior Care and AgingIndustry Expo The 10th Annual Meeting of the Board of Governors ofthe Asian Infrastructure Investment Bank (AIIB)From June 24 to 26, the 10th Annual Meeting of the Board ofGovernors of the AIIB was successfully convened. Through end-to-end carbon-neutral practices and the innovative integrationof “technology + humanism + sustainability,” Beijing North Starinfused professional expertise and a human touch into everydetail, fully showcasing the exceptional quality of “BeijingService.” Pre-meeting preparations for the 10th Annual Meeting of the Board ofGovernors of the AIIB North Star’s Commitment: Co-Creating a Brighter Future 5051 The Tianjin SCO Summit 2025 The Global Summit of Women 2025 From August 31 to September 1, the Tianjin SCO Summit wassuccessfully held. Guided by our iteratively upgraded servicestandards, Beijing North Star orchestrated synergistic operationsacross its affiliated enterprises, providing robust backing for thesummit’s awless execution. From October 13 to 14, the Global Summit of Women 2025 wassuccessfully held. Adhering to the core principles of “the higheststandards, the strictest requirements, the most meticulous measures,and the swiftest execution,” Beijing North Star fully embodied the“Beijing North Star Standard” through meticulous organization,comprehensive deployment, and highly attentive service. Ultimately,we delivered a secure, comfortable, and thoroughly professionalconference environment for the summit. Pre-summit preparations for the Tianjin SCO Summit 2025 Beijing North Star’s female workforce dedicated to supportingthe Global Summit of Women Beijing North Star adheres to the service philosophy of “Starting from Zero, Pursuing Excellence” and firmly embeds a“Customer First, Service Foremost” mindset. We continuously optimize our service quality and customer experience bysystematically conducting satisfaction surveys and implementing closed-loop rectications. We enforce standardized servicesystems, establish standardized complaint response mechanisms, and strictly execute policies for information condentialityand privacy protection. Furthermore, we are comprehensively upgrading our barrier-free facilities to better accommodateindividuals with specic accessibility needs, ultimately providing our customers with safe, reliable, and high-quality servicesdelivered with a human touch. Centered on the core objectives of “Enhancing Management Quality and Eciency, Preventing and Controlling ComplianceRisks,” Beijing North Star operates on a foundation of robust policies, supported by technology, and safeguarded by rigorousoversight. We actively supervise the operations of our held assets and the engineering management of our real estatedevelopments. We successfully completed the mid-year adjustments to the annual renovation and expansion plans for ourheld assets. By utilizing monthly engineering reports, we routinely track the progress and quality of our real estate projects.Furthermore, we advance mid-year specialized inspections and year-end reviews across our operating and management units,and strictly implement annual performance evaluations. These measures eectively mitigate quality risks and guarantee thehigh-quality fulllment of all construction mandates. Commitment to customer satisfaction Delivering premium projects Deepening brand development Beijing North Star continues to rene its strategic brand positioning. With the release of the Beijing North Star Brand Manual,we have established a standardized brand system encompassing our core cultural connotations and visual identity applicationguidelines, showcasing our latest achievements in brand value accumulation and image revitalization. Furthermore, we haveinitiated the formulation of our “15th Five-Year” Brand Strategic Plan. By leveraging scientic planning to lead our brandingdirection, we provide solid strategic support and theoretical guidance to enhance both our brand influence and corporatecompetitiveness. Case On August 8, 2025, the Beijing North Star BrandManual was officially released. As a foundationalbrand guideline that integrates conceptual depth,strategic guidance, and practical utility, the manualis structured into two primary sections: Beijing NorthStar’s Brand Essence and the Brand Visual IdentityGuidelines. The Brand Essence section encompassessix core components: the Company Profile, BrandArchitecture, Brand Vision, Brand Positioning, BrandMission, and Brand Values. Meanwhile, the BrandVisual Identity Guidelines detail the interpretation ofthe brand logo, the underlying signicance of the colorpalette, standardized colors and application principles,as well as the endorsement framework for parentand sub-brands. The launch of this manual marks asignicant new milestone in Beijing North Star’s branddevelopment. Looking ahead, guided by our robustbrand culture, we will continue to write an even morebrilliant chapter in our ongoing journey to facilitateinternational exchanges and construct ideal spaces. Ocial release of the Beijing North Star Brand Manual The Beijing North Star Brand Manual Establish an end-to-end quality management system forengineering projects; implement a “three-gate” controlmechanism that encompasses design review, constructionsupervision, and nal completion acceptanceImplement stringent supplier admission evaluations anddynamic performance assessments; establish robustmaterial testing and traceability mechanismsEstablish dedicated customer service hotlines andrapid-response mechanisms; conduct regular customersatisfaction surveys If engineering quality falls short of standards, itcould directly compromise building safety, shortenthe asset’s service life, and trigger customercomplaints alongside potential safety incidentsSubstandard material quality could lead to projectdelays, cost overruns, and underlying safetyhazardsDecreased customer satisfaction, which adverselyimpacts brand reputation Substandard ProjectDesign or ConstructionQualityInconsistent Qualityof Engineering andConstruction MaterialsDelayed After-SalesService Response RisksRisk ImpactMeasures Impacts, risks, and opportunities management Indicators and targetsBeijing North Star will continuously consolidate its service and engineering quality management. We are committed tocomprehensively elevating our integrated business operational capabilities and overall project quality, ultimately constructinga high-quality, trustworthy assurance mechanism for both our services and products. Number of lawsuits involving the safety or health of products or servicesNumber of customer complaints received within the yearProportion of complaints properly responded to and solvedProportion of quality problems occurred in properties during their warranty periods Number of lawsuits involving the safety or health of houses or servicesNumber of complaints received due to leakage of customer information Customer satisfaction with services (the customers include but not limited to hotel guests, oce building tenants, property owners, and exhibition guests) %CaseCase例%%CaseCase 93.41 1526 98.5 32.5 IndicatorUnit2025 North Star’s Commitment: Co-Creating a Brighter Future 5253 Dedicated to Giving Back to Society Supporting rural revitalization Responding to the citizens’ appeals for their livelihood Practicing philanthropy and charity Beijing North Star is committed to building a foundation of responsibility and presenting warming hearts throughphilanthropic endeavors. We steadfastly support rural revitalization, actively respond to the needs of the community,and regularly engage in community care initiatives. By comprehensively fullling our corporate social responsibilities,we strive to align with the progress of our times and advance alongside the well-being of the people. Leveraging our strategic positioning and unique resources, Beijing North Star is steadily advancing its rural revitalizationassistance programs. We continuously deepen multidimensional initiatives—such as driving industrial development toinvigorate villages, stabilizing employment, and supporting agriculture through consumption. We have established adiversied, long-term assistance framework that encompasses partnered villages both locally and in other regions. Throughthese pragmatic measures, we inject enduring momentum into rural revitalization. Beijing North Star deeply implements the directives and strategic deployments of the Beijing Municipal Party Committee, theMunicipal Government, and the Municipal SASAC regarding the deepening of the “Swift Response to Public Complaints”reform. Anchored by the core objectives of “rapid response, ecient processing, timely feedback, and proactive governance,”we continuously perfect the organizational mechanisms and institutional frameworks of this response system. By strengtheningproactive governance, we signicantly enhance the quality and eciency of addressing public appeals. In 2025, we receivedand processed 121 citizen hotline work orders. Guided by the fundamental mandate of “resolving the actual issue,” weensured that “every case is accounted for, and every inquiry receives a timely resolution.” Concurrently, in accordance with theoverall requirements for strengthening and improving public grievance mechanisms, Beijing North Star consistently advancesthe rule of law in handling public petitions. During the year, we processed 14 online petition cases via the Beijing MunicipalSASAC’s digital platform and received 7 in-person visits at our headquarters. Beijing North Star continues to deepen its commitment to philanthropic endeavors. We actively establish volunteer teamsand organize a diverse array of volunteer activities. Through concrete actions, we demonstrate corporate compassion,practice humanistic care, and promote a positive social ethos of striving for progress and benevolence. In 2025, our workforcecontributed a cumulative total of approximately 958 hours of volunteer activities.It regularly holds meetings of the Rural Revitalization Working Group and meetings for First Secretaries stationed in villages to ensure theeective implementation of all initiatives. A Rural Revitalization Leading Group and an operational Working Group have been established,with the Leading Group providing unied command and overall coordination. It has dispatched three highly responsible and dedicatedcadres to serve as First Secretaries in Tanghekou Town, Huairou District. This empowers our cadres to shoulder responsibilities and takeproactive actions on the frontlines of consolidating poverty alleviation achievements and advancing rural revitalization. Grounded in the actual needs of rural communities, we have established a multidimensional assistance framework that integratesconsumption, philanthropy, industrial development, and Party-building initiatives, thereby systematically empowering localdevelopment. Strengthening Top-Level Design Deploying Multidimensional Assistance Initiatives The CNCC Party Committee and the Party Branch of DazhaziVillage (Tanghekou Town, Huairou District) conduct a jointcommunity-building activity Consumption-Driven Assistance: Through “Mass Entrepreneurshipand Innovation” procurement, we completed a total of CNY 6.4250million in purchases from partnered regions outside the municipality.Furthermore, we facilitated the sale of 24,250 kg of agriculturalproducts for three partnered villages with vulnerable collectiveeconomies in Tanghekou Town. This initiative generated CNY 365,000in additional income, eectively broadening the market channel forlocal agricultural productsEmployment Assistance: Recruited and hired 34 individuals fromassisted regions, providing stable employment channels for theassisted areasPhilanthropic Assistance: We donated CNY 500,000 to support publicwelfare anti-desertication and ecological restoration projects in theHotan region. Donated RMB 150,000 as a designated fund for post-disaster reconstruction in our partnered villages in Huairou Districtaected by oods (allocated as RMB 50,000 each for Yinhegou Village,Xuying Village, and Dazhazi Village)Party-Building Assistance: Leveraging a “Party-Building+” model,we organized grassroots Party organizations from our subsidiariesto conduct Theme Party Day activities in our partnered villages.Through collaborative exchanges and volunteer labor, we reinforcedthe guiding role of Party building. This approach fosters a mutuallybenecial scenario characterized by “Strong Party Building, ThrivingRural Communities, and a Prosperous Enterprise” Case On March 20, 2025, the V-Continent Beijing Parkview Wuzhou Hotel, incollaboration with the Beijing Continental Grand Hotel and Beijing InternationalConvention Center, organized representatives of Party and Youth League membersto visit the Beichendonglu Community for a themed volunteer service activity: “Learning from Lei Feng, Fostering New Social Trends, Serving the Community,and Dedicating Compassion.” Guided by community workers, the volunteerscollectively cleared dead branches and fallen leaves from the green spaces. Theyalso meticulously pruned overgrown, withered, and disorderly branches. With awell-organized division of labor and seamless teamwork, the group used concreteactions to tangibly improve the community environment. The Youth League Committees of V-Continent Beijing Parkview Wuzhou Hotel, and the BeijingContinental Grand Hotel and Beijing International Convention Center jointly participate incommunity volunteer services Volunteers engaged in communityservice Beijing Capital GroupExhibitions Eventslaunches the “YouthLeague BadgesShining with theSpirit of Lei Feng”volunteer campaign The CNCC conductsvolunteer serviceactivities in honor of“Lei Feng Day” 5455 Future Prospects The year 2026 marks the inaugural year of the “15th Five-Year” Plan. Standing at this critical historical juncture and guidedby the “One Body, Two Wings” strategy, Beijing North Star will continue to deeply cultivate its core convention and exhibitionbusiness, while simultaneously driving the development of complementary exhibition supporting services and real estateoperations. Driven by “Coordinated Development and Reform-driven Innovation,” we will deepen industrial integrationand dedicate ourselves to building an industrial ecosystem characterized by end-to-end synergy and comprehensiveempowerment. We will forge ahead resolutely toward our overarching goal: to become a “world-class exhibition event serviceprovider and a leading domestic compound real estate operator and branded company.”Optimizing Governance to Consolidate the Foundation of Development. In 2026, Beijing North Star will center on refinedcorporate governance, continuing to consolidate the achievements of state-owned enterprise reforms. We will perfect the “ThreeMajors and One Large” decision-making framework, optimize our integrated system of legal affairs, compliance, internalcontrols, and risk management, while deepening ESG management and information disclosure. By strictly standardizingcritical procedures such as asset transactions and bidding procurement, we will rmly safeguard the Company’s robust andsteady development.Embracing Low-Carbon Practices to Lead a Green Future. In 2026, Beijing North Star will continuously deepen its DualCarbon initiatives, and further rene its environmental management system by institutionalizing routine energy consumptionmonitoring and carbon accounting. We will place a strategic focus on advancing energy efficiency retrofits for existingbuildings and promoting the application of green building materials. By increasing the proportion of clean energy andenhancing resource circularity, we will explore full-lifecycle green operational models for our projects, thereby accelerating ourgreen and low-carbon transition.Fulfilling Corporate Responsibilities to Co-build a Harmonious Society. In 2026, Beijing North Star will continuously refineour service assurance capabilities for major events and drive the quality enhancement of our products and services. We willdeepen our “Talent-Driven Enterprise” strategy and cultivate a collaborative development ecosystem. Working hand in handwith our partners, we aim to propel industry-wide upgrades. Furthermore, we will actively implement rural revitalizationinitiatives and deepen our community co-construction and philanthropic practices, ensuring that the fruits of our developmentare shared by all.The blueprint has been drawn, and the time to forge ahead is now. Looking ahead, Beijing North Star will take resolute stridesto overcome any challenges along the path. Through united eorts and dedicated perseverance, we will create new miraclesand usher in an even brighter tomorrow for Beijing North Star! Appendix Key Performance Future Prospects / Appendix Total assetsOwner’s equityOperating revenueTotal protTotal tax paymentReturn on equityDebt-to-assets ratioNumber of Party building activitiesNumber of meetings held by the Board of Directors Number of independent directors Proportion of female directorsNumber of sustainability/CSR/ESG training sessionsNumber of participants of sustainability/CSR/ESG training sessions Hours of sustainability/CSR/ESG training sessions Nitrogen oxides Sulfur oxides Greenhouse gas emission Total greenhouse gas emissionsScope 1 direct emissionsScope 2 indirect emissionsEmission reduction from trees heldTotal amount of harmless waste generated Kitchen wasteDomestic garbageTotal harmless waste generated per square meter of oor area Compliance rate of harmless waste disposalTotal amount of hazardous waste generatedWaste uorescent tubes containing mercury Number of honors/awards earned for sustainability/CSR/ESG in the yearNumber of corruption lawsuits led and concluded against the Company or its employees during the reporting periodNumber of cases involving bribery, extortion, fraud, and money launderingNumber of employees received anti-corruption and integrity training in the year Greenhouse gas emissions per square meter of oor area (Scopes 1 and 2) CNY 100 millionCNY 100 millionCNY 100 millionCNY 100 millionCNY 100 million%%TimesTimesNo.%TimesPerson-time Hours No.CaseCasePerson-timeMetric tons (MT)Metric tons (MT) kgkgkgkg%kgkg Metric tons of carbon dioxide equivalent (MTCO e)Metric tons of carbon dioxide equivalent (MTCO e)Metric tons of carbon dioxide equivalent (MTCO e)Metric tons of carbon dioxide equivalent (MTCO e)Metric tons of carbon dioxide equivalent (MTCO e) 1．2．3．4．5．6．7．8．9．10．11．12．13．14．15．16．17．18．19．20．21． 22．23．24．25．26．27．28． 562.25 155.30 157.51 3.99 14.39 -0.40 72.38 1296 4210环境类绩效 0.667 0.021 61282 60318 0.0759 1014666716776308469037 11.69 3485 2132 488.42 117.67 71.52 -31.52 9.63 -25.06 75.91 1260 8706环境类绩效 0.679 0.021 64566 63600 0.0823 1008332917031778380152 12.86 7115 6432 431.67 91.59 60.60 -29.21 13.65 -36.44 78.78 3199 6084环境类绩效 0.646 0.019 59429 58531 0.1156 680208326393504162733 13.23 1169 S.N.IndicatorUnit202320242025 ESG performance: governance ESG performance: environmental 5657 S.N.S.N.IndicatorIndicatorUnitUnit202320232024202420252025 Electronic wasteWaste batteriesWaste printer ink cartridgesWaste oil generated from cleaning of air conditioning system Compliance rate of hazardous waste disposalEnergy consumption Total energy consumption Purchased electricity Natural gas Gasoline DieselPurchased heatTotal energy consumption per square meter of oor area Total water consumptionProportion of purchased tap waterTotal water consumption per square meter of oor area Sewage discharge Recycled glass products Recycled plastic productsNumber of recycled hotel room waste/old towels Recycled hotel room soapNumber of recycled hotel room toothbrushesNumber of trees held, at height of 5m or aboveNumber of cases involving damage to the natural environmentEnvironmental protection investment in the year Number of Green Building Certicates Total number of employeesBy sex MaleFemaleBy education background Master degree or higherBachelor degreeAssociate degreeSecondary school education Others Total amount of hazardous waste generated per square meter of oor areaNumber of cases involving illegal discharge of pollutants into the environment By age (years old) ~3030~5050~By nationality Chinese MainlandHong Kong, Macao and TaiwanForeign countriesBy job level Top managementMiddle management Non-managementChange in composition of employeesBy sex MaleFemaleBy age (years old) ~30 30~50 50~By nationality Chinese MainlandHong Kong, Macao and TaiwanForeign countriesPercentage of employees trainedBy sex MaleFemaleBy job level Top managementMiddle management Non-managementPer capita training durationBy sex MaleFemale kgkgkgkgkg%CaseMWhMWhMWhMWhMWhMWhMWhCubic meter %Cubic meterCubic meter kg kg / kg / /CaseCNY 10,000 No.No.No.No.No.No.No.No.No. No.No.No.No.No.No.No.No.No.%%%%%%%%%%%%%%HoursHours 0.004 128283542024505 69287 0.16 734548 0.91 6757845775487853152701085210715 //社会类绩效 529029802310 17571404 1010 13823236 5285 4741 12.4 13.2 20.5 10.3 6.1 12.8 16.67 99.00 54.60 45.40 0.69 9.10 90.21 33.80 43.56 0.009 135369571044420 73565 0.17 771118 0.98 709428638058430318483 374.6 244010 社会类绩效 511528422273 17741320 11633228 5112 4549 10.4 12.9 25.2 7.9 5.7 11.5 97.89 54.8 45.2 1.48 9.13 89.39 30.00 37.00 0.002 124618527814215 67354 0.24 725008 1.41 68150710188488380106141270259000 1234 社会类绩效 472927012028 16441218 1190 10562997 4728 4162 13.0 18.4 23.7 14.0 11.5 15.8 98.76 54.7 45.3 1.62 9.15 89.23 38.00 40.00 29．30．31．32．33．34．35．36． 37．38．39．40．41．42．43．44．45．46．47．48．49．50．51．52． 53． 54． 55． 56．57． 58． 59．60．61． 62． ESG performance: social Appendix 5859 S.N.S.N.IndicatorIndicatorUnitUnit202320232024202420252025 By job level Top managementMiddle managementNon-managementProportion of female managers (department head or above) Salary ratio of female employees to male employees ManagementNon-management employeesNumber of per capita paid vacation days Labor contract signing rateCoverage of social insuranceCoverage of physical examination for employees Total investment in work safetyNumber of participants of work safety training Coverage of work safety trainingNumber of lost workdays due to work-related injury Number of work-related fatalitiesIncidence rate of work-related accidents recordable within 200,000 hours Incidence rate of occupational diseases R&D investmentTotal number of valid patentsSuppliers established long-term partnership with the Company TotalChinese MainlandTotalChinese Mainland Number of lawsuits involving the safety or health of products or servicesNumber of customer complaints received within the yearProportion of complaints properly responded to and solvedNumber of lawsuits involving the safety or health of houses or servicesNumber of complaints received due to leakage of customer information Wherein, suppliers selected and controlled by the Company based on its environmental and social risk control policies Number of suppliers passed certication of quality, OHSE or energy management system Number of cases involving infringement of intellectual property rights by products or servicesProportion of quality problems occurred in properties during their warranty periods Investment in rural revitalization work (including money andmaterials invested in poverty alleviation projects) Customer satisfaction with services (the customers include but not limitedto hotel guests, oce building tenants, property owners, and exhibition guests) HoursHoursHours %%%Day%%%%DayCase%%Nos.No.No.No.No.No.CaseCase %Case %CaseCase CNY 100million CNY 100million Person- time 39.59 45.02 37.32 /3748 / 0.359 - 10051005 51.00 47.00 31.00 0.3 5822 957.5 0.361 0.17 55.00 47.00 34.00 0.78 1247123811461137 1526 98.5 32.5 63． 64．65．66．67．68．69．70．71．72．73．74．75．76．77．78．79．80．81．83．84．85．86．87．88．89． Wherein: total money investedAnd wherein: total materials investedNumber of beneciaries of rural revitalization programs Times of payments made to persons in need Total payments made to persons in needNumber of volunteers assigned by the Company Hours of voluntary activities 90．91．92．93．94．95．96．97． %82．95.1194.3193.41 CNY 10,000CNY 10,000CNY 10,000 No.Person-timeCNY 10,000 No.Hours 905.5 75.00 830.45 5.2 806.66 50.00 756.66 6.07 745.17 65.00 680.17 8.5 Nitrogen oxide emissions represent the total atmospheric pollutant emissions generated by diesel- and natural gas-fueled equipmentat the Company's held properties within Beijing for the year 2025. The calculation methodologies and relevant emission factors for theseatmospheric pollutants are based on the Manual of Accounting Methods and Coecients for Pollutant Generation and Emission fromStatistical Investigation of Emission Sources.Sulfur oxide emissions represent the total atmospheric pollutant emissions generated by diesel- and natural gas-fueled equipment atthe Company's held properties within Beijing for the year 2025. The calculation methodologies and relevant emission factors for theseatmospheric pollutants reference the Ocial Reply on Issues Concerning the Sulfur Dioxide Emission Coecient of Gas Facilities BurningMunicipal Pipeline Natural Gas in Beijing issued by the former Ministry of Environmental Protection of the People's Republic of China, aswell as the Manual of Accounting Methods and Coecients for Pollutant Generation and Emission from Statistical Investigation of EmissionSources.The calculation methodologies and relevant emission factors for this greenhouse gas emission inventory reference the Guidelines forAccounting and Reporting of Carbon Dioxide Emissions from Enterprises (Entities) in Beijing (2018 Edition) and the Requirements for CarbonDioxide Emission Accounting and Reporting - Power Generation Industry (DB11/T1781-2020) issued by the Beijing Municipal Ecologyand Environment Bureau, as well as the GHG Protocol Corporate Accounting and Reporting Standard issued by the World ResourcesInstitute (WRI) and the World Business Council for Sustainable Development (WBCSD). The calculation scope for the Company's 2025 GHGemissions includes direct GHG emissions generated by gasoline and diesel vehicles, other diesel-fueled equipment, and natural gas-fueledequipment such as gas boilers, as well as indirect GHG emissions resulting from the consumption of purchased electricity and purchasedheat.The calculation scope covers the total annual consumption of the Company's held properties within Beijing. The energy consumption datadisclosed in this report are calculated based on actual energy consumption and the relevant conversion factors provided by the IEA. All discharged wastewater is classied as domestic wastewater. Appendix 6061 Aspect B1: Employment Employment and Labour Practices Aspect B2: Health andSafety Aspect B3: Developmentand Training Aspect B4: LabourStandards B. SocialSubject Areas, Aspects General Disclosures and KPIsReferences/Remarks Index of Indicators General Disclosure: Information on: the policies; andcompliance with relevant laws and regulations that havea signicant impact on the issuer relating to air andgreenhouse gas emissions, discharges into water andland, and generation of hazardous and non-hazardouswaste. II. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: controllingpollution emissionsII. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(I) Rening Environmental Management General Disclosure: Information on: the policies; and compliance withrelevant laws and regulations that have a signicant impact on the issuerrelating to compensation and dismissal, recruitment and promotion, workinghours, rest periods, equal opportunity, diversity, anti-discrimination, andother benets and welfare. General Disclosure: Information on: the policies; and compliance withrelevant laws and regulations that have a signicant impact on the issuerrelating to providing a safe working environment and protecting employeesfrom occupational hazards.B2.1 Number and rate of work-related fatalities occurred in each of the pastthree years including the reporting year.B2.2 Lost days due to work injury.B2.3 Description of occupational health and safety measures adopted, andhow they are implemented and monitored.General Disclosure: Policies on improving employees’ knowledge and skillsfor discharging duties at work. Description of training activities.B3.1 The percentage of employees trained by gender and employee category(e.g. senior management, middle management).B3.2 The average training hours completed per employee by gender andemployee category.General Disclosure: Information on: the policies; and compliance withrelevant laws and regulations that have a signicant impact on the issuerrelating to preventing child and forced labour.B4.1 Description of measures to review employment practices to avoid childand forced labour.B4.2 Description of steps taken to eliminate such practices when discovered. B1.1 Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.B1.2 Employee turnover rate by gender, age group and geographical region.A1.1 The types of emissions and respective emissionsdata.A1.2 Total hazardous waste produced (in tonnes) and,where appropriate, intensity (e.g. per unit of productionvolume, per facility).A1.3 Total non-hazardous waste produced (in tonnes)and, where appropriate, intensity (e.g. per unit ofproduction volume, per facility).A1.4 Description of emission target(s) set and steps takento achieve them.A1.5 Description of how hazardous and non-hazardouswastes are handled, and a description of reductiontarget(s) set and steps taken to achieve them.General Disclosure: Policies on the ecient use ofresources, including energy, water and other rawmaterials.A2.1 Direct and/or indirect energy consumption by type(e.g. electricity, gas or oil) in total (kWh in ‘000s) andintensity (e.g. per unit of production volume, per facility).A2.2 Water consumption in total and intensity (e.g. perunit of production volume, per facility).A2.3 Description of energy use eciency target(s) set andsteps taken to achieve them.A2.4 Description of whether there is any issue in sourcingwater that is t for purpose, water eciency target(s) setand steps taken to achieve them.A2.5 Total packaging material used for nished products(in tonnes) and, if applicable, with reference to per unitproduced.General Disclosure: Policies on minimising the issuer’ssignicant impacts on the environment and naturalresources.A3.1 Description of the signicant impacts of activities onthe environment and natural resources and the actionstaken to manage them. III. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesion III. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: safeguarding health and safety III. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: safeguarding health and safetyIII. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesion III. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesionIII. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesionIII. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesion Appendix - Key performance indicators Appendix - Key performance indicatorsAppendix - Key performance indicators Appendix - Key performance indicatorsAppendix - Key performance indicators Appendix - Key performance indicators II. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: controllingpollution emissionsII. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: controllingpollution emissionsII. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: conservingenergy and resources II. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: conservingenergy and resourcesII. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: conservingenergy and resourcesNot applicable due to the nature of the Company’s business.II. Green North Star: Pioneering a New Chapter in EcologicalSustainabilityII. Green North Star: Pioneering a New Chapter in EcologicalSustainability Appendix - Key performance indicatorsAppendix - Key performance indicators Appendix - Key performance indicatorsAppendix - Key performance indicatorsAppendix - Key performance indicatorsAspect A1: Emissions AspectA2: Use ofResources AspectA3: TheEnvironmentand NaturalResources HKEX ESG A Environmental Subject Areas, Aspects References/RemarksGeneral Disclosures and KPIs HKEX ESG Appendix 6263 AspectB7: Anti-corruption Community Climate-related DisclosuresGovernance Strategy RiskManagement Aspect B8: CommunityInvestment III. North Star’s Commitment: Co-Creating a BrighterFuture-(III) Leading with Brand Value: forging exceptionalquality II. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change: governance III. North Star’s Commitment: Co-Creating a BrighterFuture-(III) Leading with Brand Value: forging exceptionalqualityAppendix - Key performance indicators II. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change: strategyII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunities managementII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change: strategyII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change: strategyII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunities managementII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunities management ——I. Beijing North Star’s Governance: Charting a New Coursein Compliance-(III) Commitment to Compliant Operations: implementing compliance managementIII. North Star’s Commitment: Co-Creating a BrighterFuture-(II) Achieving Mutual Success with Our Partners: strengthening supply chain managementIII. North Star’s Commitment: Co-Creating a BrighterFuture-(III) Leading with Brand Value: forging exceptionalquality Not applicable due to the nature of the Company’sbusiness. II. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunities management III. North Star’s Commitment: Co-Creating a BrighterFuture-(III) Leading with Brand Value: forging exceptionalqualityI. Beijing North Star’s Governance: Charting a New Coursein Compliance-(III) Commitment to Compliant Operations: upholding strong business ethicsI. Beijing North Star’s Governance: Charting a New Coursein Compliance-(III) Commitment to Compliant Operations: upholding strong business ethics III. North Star’s Commitment: Co-Creating a Brighter Future-(IV) Dedicated to Giving Back to Society III. North Star’s Commitment: Co-Creating a Brighter Future-(IV) Dedicated to Giving Back to Society III. North Star’s Commitment: Co-Creating a Brighter Future-(IV) Dedicated to Giving Back to Society Appendix - Key performance indicators I. Beijing North Star’s Governance: Charting a New Coursein Compliance-(III) Commitment to Compliant Operations: upholding strong business ethicsI. Beijing North Star’s Governance: Charting a New Coursein Compliance-(I) Strengthening the Guidance of PartyBuilding: strengthening Party building Appendix - Key performance indicators Aspect B6: ProductResponsibility B. SocialSubject Areas, Aspects References/RemarksGeneral Disclosures and KPIs HKEX ESG B. SocialSubject Areas, Aspects References/RemarksGeneral Disclosures and KPIs HKEX ESG General Disclosure: Information on: the policies; andcompliance with relevant laws and regulations that have asignicant impact on the issuer relating to health and safety,advertising, labelling and privacy matters relating to productsand services provided and methods of redress.B6.1 Percentage of total products sold or shipped subject torecalls for safety and health reasons.B6.2 Number of products and service related complaintsreceived and how they are dealt with.B6.3 Description of practices relating to observing andprotecting intellectual property rights.B6.4 Description of quality assurance process and recallprocedures.B6.5 Description of consumer data protection and privacypolicies, and how they are implemented and monitored.General Disclosure: Information on: the policies; andcompliance with relevant laws and regulations that have asignicant impact on the issuer relating to bribery, extortion,fraud and money laundering.B7.1 Number of concluded legal cases regarding corruptpractices brought against the issuer or its employees duringthe reporting period and the outcomes of the cases.B7.2 Description of preventive measures and whistle-blowingprocedures, and how they are implemented and monitored.B7.3 Description of anti-corruption training provided todirectors and sta. General Disclosure: Policies on community engagement tounderstand the needs of the communities where the issueroperates and to ensure its activities take into considerationthe communities’ interests.B8.1 Focus areas of contribution (e.g. education,environmental concerns, labour needs, health, culture, sport).B8.2 Resources contributed (e.g. money or time) to the focusarea.GovernanceClimate-related risks and opportunitiesBusiness model and value chainStrategy and decision-makingFinancial position, nancial performance and cash ows Climate resilienceRisk Management Appendix Operating Practices Aspect B5: Supply ChainManagement General Disclosure: Policies on managing environmental andsocial risks of the supply chain.B5.1 Number of suppliers by geographical region.B5.2 Description of practices relating to engaging suppliers,number of suppliers where the practices are beingimplemented, and how they are implemented and monitored.B5.3 Description of practices used to identify environmentaland social risks along the supply chain, and how they areimplemented and monitored.B5.4 Description of practices used to promote environmentallypreferable products and services when selecting suppliers,and how they are implemented and monitored. III. North Star’s Commitment: Co-Creating a BrighterFuture-(II) Achieving Mutual Success with Our Partners: strengthening supply chain managementIII. North Star’s Commitment: Co-Creating a BrighterFuture-(II) Achieving Mutual Success with Our Partners: strengthening supply chain managementIII. North Star’s Commitment: Co-Creating a BrighterFuture-(II) Achieving Mutual Success with Our Partners: strengthening supply chain managementIII. North Star’s Commitment: Co-Creating a BrighterFuture-(II) Achieving Mutual Success with Our Partners: strengthening supply chain management Appendix - Key performance indicators FeedbackDear readers: Thank you very much for reading the Beijing North Star 2025 Sustainability/ESG Report. If you have any comments orsuggestions on this Report, please kindly ll in the feedback form below and send it to us by mail, e-mail or fax. We would liketo express our deep gratitude for your valuable comments! 1.Your general impression of this Report: 2. What do you think about this Report in disclosing the significant impacts of the Company on the economy, society and environment? 3. What do you think about the clarity, accuracy and completeness of the information, data and indicators disclosed in this Report? 7. Contact information of the Company: Address: No. 8, the East Beichen Road, Chaoyang District, Beijing CityPost Code: 100101Email: northstar@beijingns.com.cn 4. What aspect of this report are you most satised with? 5. What further information would you like to know? 6. What suggestions do you have for us to release the reports in the future? □Very good □Good □Average □Very good □Good □Average □Poor □Very poor □Very good □Good □Average □Poor □I don’t know Metrics andTargets II. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: indicators and targetsAppendix - Key performance indicatorsII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunitiesmanagementII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunitiesmanagementII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunitiesmanagement II. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: indicators and targetsAppendix - Key performance indicatorsII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: indicators and targetsAppendix - Key performance indicatorsII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: indicators and targets —————— B. SocialSubject Areas, Aspects References/RemarksGeneral Disclosures and KPIs HKEX ESG Greenhouse gas emission Climate-related transition risksClimate-related physical risksClimate-related opportunitiesCapital deployment Internal carbon prices Remuneration Industry-based metricsClimate-related targetsApplicability of cross-industry metrics andindustry-based metrics As assessing the nancial impacts of climate change involves numerous long-term assumptions, the Company is currently evaluatingscenario analysis methodologies tailored to our specic business model. We have not yet established a mature quantitative model or acomprehensive scenario analysis framework. Prematurely disclosing quantied nancial impacts at this stage could lead to skewed results,potentially misleading investors in their decision-making. Consequently, the Company has scheduled the initiation of a formal assessmentregarding the nancial impacts of climate-related risks.Given the vast number and complex structure of suppliers and customers across our upstream and downstream value chain, our currentdata foundation remains relatively limited. To ensure the accuracy and reliability of our information disclosure, we are currently unable toreasonably and accurately quantify all categories of Scope 3 greenhouse gas emissions at this stage. aligned with our strategic imperatives,the Company will progressively establish and optimize a comprehensive data collection and accounting system for Scope 3 emissions in thefuture, steadily advancing our quantication initiatives.Expenditures incurred by the Company to address climate-related risks and opportunities have currently been integrated into our broadermaintenance expenses and annual environmental protection investments. Given the substantial number of associated projects and thecurrent absence of a dedicated accounting classication for climate-related capital expenditures, it is not feasible at this stage to accuratelyisolate data exclusively pertaining to climate risks and opportunities from these general budgets. To address this, the Company plans tointroduce a new tracking and statistical dimension specically dedicated to capital expenditures related to climate risks and opportunities.The Company’s core operations do not fall within high-emission or carbon-intensive industries; therefore, carbon costs do not currently exerta material impact on our operational decisions, product pricing, or return on investment. Based on our climate risk materiality assessment,our current climate management resources are prioritized toward reducing Scope 1 and Scope 2 greenhouse gas emissions and enhancingoverall energy eciency. Consequently, internal carbon pricing has not been incorporated into our short-term management agenda. TheCompany plans to continuously monitor industry best practices and evolving regulatory trends to evaluate the applicability and optimaltiming for implementing an internal carbon pricing mechanism. Should our business structure evolve or regulatory requirements tighten inthe future, we will initiate the design and pilot testing of an internal carbon pricing mechanism at an appropriate juncture.The Company is currently in the foundational stage of building its climate governance framework and has not yet established scientic andquantiable climate performance metrics. Consequently, the prerequisite conditions for linking climate performance to remuneration are notcurrently in place. Moving forward, the Company will explore the formulation of quantiable and assessable climate targets in alignmentwith our overarching strategic imperatives.
附件： ↘公告原文阅读

CONTENTS

报告说明领导致辞公司概览可持续发展管理专题一：

数智融合，激活产业发展新动能专题二：

赋能亚奥，打造潮流活力新地标

北辰之治引领合规新航程

北辰之绿谱写生态新篇章

北辰之情共筑美好新生活

未来展望附录

强化党建引领完善公司治理恪守合规经营推动科技创新

完善环境管理应对气候变化推行节能减排坚持绿色运营

构建和谐企业携手伙伴共赢品牌价值引领倾力回馈社会

0203

报告说明

报告时间范围与周期

报告获取与反馈

释义报告组织范围

报告准则

除非特殊说明，本报告主要描述2025年1月1日至2025年12月31日期间，本公司在环境、社会及管治工作方面的具体政策与表现。由于涉及连续性及可比性，本报告中部分信息内容将根据需要做适当延伸。

本报告可在本公司网站、上海证券交易所、香港交易及结算所有限公司披露易网站查阅和下载。若您对本报告有任何疑问、

评论或反馈，欢迎发送邮件至northstar@beijingns.com.cn与本公司联系。

本报告以重要性为原则界定组织范围。除非特殊说明，本报告所涉及的实质性内容均源自北京北辰实业股份有限公司及旗下分公司及子公司。环境关键绩效指标范围仅包括本公司京内持有型物业，社会关键绩效指标范围包括本公司及旗下分公司及子公司。

本报告根据上海证券交易所发布的《上海证券交易所上市公司自律监管指引第1号?规范运作（2025年5月修订）》、香港联合交易所有限公司发布的《香港联合交易所有限公司证券上市规则》附录C2《环境、社会及管治报告守则》以及《中国企业可持续发展报告指南（CASS-ESG 6.0）》。本报告遵循《环境、社会及管治报告守则》有关“重要性”“量化”“平衡”“一致性”汇报原则。请参阅下表以了解本公司如何应用该等汇报原则以准备本报告。

北京北辰实业股份有限公司欣然发布第18份《可持续发展暨ESG报告》。本公司董事会及全体董事保证本报告内容不存在任何虚假记载、误导性陈述或重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。本报告旨在向各利益相关方展示与本公司可持续发展相关的环境、社会及管治议题内容，以便各利益相关方更好地了解本公司可持续发展的理念、行动及相关绩效等。本报告以简体中文及英文双语进行编制，如有任何字面歧义，请以简体中文版本为准。

编制本报告期间，本公司在专业咨询机构协助下，进行了重要性议题评估，以识别对北辰实业及主要利益相关方而言至关重要的议题。其后，重大议题的相关资料已被收集并有针对性地于本报告中作出披露。另外，本公司的董事会已经知悉重要性议题的评估结果，并且批准了本报告。本公司已在“关键绩效”中提供了有关汇报的排放量/能耗所用的标准、方法、假设及计算工具的资料。本报告中已计量历史数据的关键绩效指标。本公司已定下减少个别影响的目标，包含实际数字或方向性、前瞻性声明。本报告所载内容反映客观事实，同时披露了正面及负面指标。本公司所采用的数据统计方法与去年一致。

北京北辰实业股份有限公司首都会展（集团）有限公司北京北辰地产集团有限公司北京北辰商业管理有限公司北京北辰实业股份有限公司国家会议中心北京北辰实业股份有限公司北京国际会议中心

北京北辰实业股份有限公司北京五洲大酒店北京北辰实业股份有限公司五洲皇冠国际酒店

北京北辰实业股份有限公司北辰洲际酒店北京北辰实业股份有限公司公用设施管理分公司

中国国际服务贸易交易会

环境、社会及管治碳达峰、碳中和目标《2025年可持续发展暨ESG报告》

2025年1月1日至2025年12月31日本公司在北京约120万平方米持有型物业北京市人民政府国有资产监督管理委员会

中国共产党北京市委员会北京市人民政府北京市人力资源和社会保障局

北辰实业首都会展北辰地产北辰商管国家会议中心北京国际会议中心

北辰五洲大酒店

五洲皇冠酒店北京北辰洲际

公设公司

服贸会

ESG“双碳”目标本报告报告期、本年度京内持有型物业北京市国资委/市国资委

市委市政府市人社局

重要性

量化平衡一致性

汇报原则

全称

本公司的原则应用

简称

报告说明

0405

领导致辞

公司概览

岁月沉淀实力，征程书写荣光。2025年是“十四五”规划收官、“十五五”规划谋篇布局的关键之年。北辰实业始终以习

近平新时代中国特色社会主义思想为指导，认真贯彻党的决策部署，坚持以协同凝聚合力、以创新驱动发展、以实干彰显担当，在赋能产业升级、践行生态保护、助力社会共建的道路上稳步前行。这一年，我们深耕主业，全面提升经营质效。北辰实业持续巩固会展主业优势，聚焦会展全产业链布局发力，并依托在会展领域积淀的深厚底蕴与丰富资源，引领带动会展配套设施服务的品牌价值提升与地产转型探索，两大主业协同发展、相互赋能，在持续深耕中形成更具韧性的业务体系，实现经营质量与综合效益的同步提升。这一年，我们精进治理，护航企业稳健发展。北辰实业坚持以高效治理引领企业稳健前行，通过党建领航把准治理方向，持续完善现代公司治理体系与运行机制，将合规经营深度嵌入决策运营全流程，稳步推进数字化转型，不断提升ESG治理水平，为公司长远发展提供坚实保障。这一年，我们逐绿前行，着力构建低碳未来。北辰实业坚定践行绿色低碳发展理念，系统推进环境治理体系优化完善，将气候变化深度融入核心战略以应对挑战，深入推进节能技术改造与能源结构优化，全面践行绿色运营以构建可持续的产业生态，以务实行动为建设美丽中国注入强劲动能。这一年，我们勇担责任，主动创造社会价值。北辰实业始终将社会责任深度融入公司发展，着力构建企业与职工协同共进的发展共同体，主动携手合作伙伴共同构建开放共赢的协作网络，坚持以高品质服务与产品回馈客户信赖，同时积极投身乡村振兴与社会公益，以实际行动传递企业温度、贡献社会价值。山海寻梦，不觉其远；前路迢迢，阔步而行。2026年是扎实推进“十五五”规划开局起步的关键一年，也是锚定新战略目标、夯实高质量发展根基的攻坚之年。北辰实业将围绕“国际一流的会展品牌企业国内领先的复合地产品牌企业”愿景，以战略协同凝聚发展共识，以改革创新激发内生动能，以务实举措推进业务拓展，聚力开创卓越发展新征程。

公司简介

核心理念

北辰实业核心业务涵盖会展及配套设施服务、房地产开发，两大主业互为依托、相互赋能、共同发展。会展及配套设施服务以首都会展与北辰商管为依托，首都会展大力整合会展资源，不断强化会展产业新业务、新技术的外延扩张，积极推进会展全产业链布局，已成为中国国际服务贸易交易会专业运营商、高端国务政务活动服务商、首都国际会展产业发展的重要载体，承担着聚焦首都城市功能定位、培育首都会展核心竞争力的职责使命，助力北京“四个中心”功能建设和国际消费中心城市建设，并致力于打造“国内领军、国际领先的会展产业链链主企业”。北辰商管统筹开展会展配套设施服务，以产业思维做实资产运营，对公司持有的写字楼、公寓、综合商业等多业态资产进行专业化资产运营和物业服务管理，积极服务北京国际科创中心和全球数字经济标杆城市建设，打造具有北辰特色的资产运营管理模式和物业管理标准体系，树立北京亚奥商圈资产管理新标杆。房地产开发业务以北辰地产为依托，已形成多区域多层级的全国规模化发展布局，业务涉及住宅、公寓、别墅、写字楼、商业等多元化、多档次的物业开发和经营。截至报告期末，公司开发项目及土地储备分布在京津冀、长江经济带、川渝城市群、海南自贸港以及粤港澳大湾区等15个核心城市。

《北京市属国企环境、社会及治理（ESG）蓝皮书（2025）》

北京市属国有控股上市公司十佳报告《北京市属国企环境、社会及治理（ESG）蓝皮书（2025）》

北京市属国有控股上市公司ESG十佳案例2025中国房地产综合开发专业领先品牌－复合地产2025年度财联社“致远奖”之“ESG先锋企业”

金曙光?市值管理奖2025年高质量发展领军企业

2025.9北京市国资委2025.92025.102025.122025.12

中国房地产TOP10研究组

财联社《证券市场周刊》财经网

荣誉名称获奖时间授予单位

年度荣誉

北辰实业

企业愿景国际一流的会展品牌企业国内领先的复合地产品牌企业

企业宗旨回报股东奉献社会珍惜员工

企业使命服务国际交往筑造理想空间

核心价值观

忠诚担当同创共美

领导致辞 / 公司概览

0607

会展优秀实践案例智慧场馆创新奖环境、社会和公司治理（ESG）管理体

系认证证书HYROX卓越合作场地ICCA荣誉致谢奖2024年度中国最具竞争力专业会展场馆

智慧场馆创新奖2025会奖之星?最具影响力会议中心

成员单位2025福布斯旅行指南推荐酒店2025福布斯旅行指南认证社会责任酒店

绿色旅游饭店金树叶奖2025米其林星钥酒店精选推荐酒店

2025年优秀理事单位2025会奖之星?最具影响力会议中心

亚运村东大门修缮及照明更新工程2024

年度“优秀照明工程”二等奖金坐标?年度数智化运营领先企业

2025年度创新商业资管企业金鼎奖·2025年度商业标杆影响力项目

2025年度文化艺术商业地标

2025年度城市精致生活地标

北京市“安康杯”竞赛优胜单位

中国展览馆协会CEIDIC 2025中国会展业数字化与创新大会

HYROX全球组委会国际大会及会议协会（ICCA）中国会展经济研究会中国会展业数字化与创新大会第十七届中国会议产业大会（CMIC 2025）

互联网3.0应用场景研究院

全国旅游星级评定委员会

《酒店婚礼HotelWedding》杂志、《中国酒店传媒网cnhotelnews》及EliteStyle游榜

中国旅游饭店业协会第十七届中国会议产业大会（CMIC 2025）

北京中建协认证中心有限公司

《福布斯旅游指南》

《米其林指南》

第20届中国商业地产节北京市总工会、北京市应急管理局、北京市卫

生健康委员会

万商年度泛商业创新大会中国商业联合会商业地产工作委员会等机构

知名生活方式媒体“北京gogo”知名生活方式媒体“北京潮生活”

北京照明学会

2025.112025.22025.4

2025.102025.112025.122025.11

2025.32025.52025.5

首都会展

国家会议中心

北京国际会议中心

五洲·会议中心

北京北辰洲际

最美婚礼场地

五洲皇冠酒店长沙北辰国际会议中心

北辰商管

北辰商管北京北

辰荟项目

2025.102025.112025.112025.22025.112025.32025.22025.62025.9

2025.112025.112025.112025.11

荣誉名称

获奖时间

获奖企业/单位

授予单位

会展企业

商管企业

可持续发展管理

管理架构

议题管理

北辰实业高度重视ESG管理，由董事会统筹领导ESG相关工作，负责监督公司ESG工作推进情况，完善相关制度体系建设，研究审议包括环境、社会及治理在内的ESG规划与重大事项，指导并评估ESG绩效及信息披露等工作；公司管理层深度参与ESG决策与推进，董事会工作部负责ESG工作牵头协调，各职能部门及辖属企业是ESG工作的实施主体，负责分解落实ESG指标、识别管理相关风险与机遇，并参与内外部沟通与能力建设，系统推动ESG融入日常运营，保障公司ESG战略有效落地。

北辰实业严格遵循监管机构对双重重要性议题的识别与披露要求，结合全球可持续发展趋势、公司战略方向及利益相关方诉求，系统性开展议题识别、评估与确认工作。

董事会负责指导公司整体的运营和业务发展策略，对ESG事宜进行总体监管：

（1）主要负责审议本公司ESG方针与策略

（2）参与ESG事宜决策

（3）审批ESG报告，确认重要性议题评估结果，检视ESG相关目标的完成情况及ESG风险管理情况，并解释ESG

事宜与本公司业务的联系董事会秘书负责对ESG报告进行审阅，向董事会进行汇报董事会工作部在各职能部门与本公司旗下企业开展数据及资料收集工作，深入了解ESG相关事宜的推进情况，撰写本报告

可持续发展管理

北辰实业ESG信息披露工作职责：

实质性议题确定流程：

梳理企业内外部环境现状及可持续发展趋势，并识别核心利益相关方的诉求与期望

综合自身业务现状与行业发展特点，通过内外部的沟通、研判与比较等工作，开展从影响程度和财务相关性两个维度对议题进行重要性评估

通过标准对标、政策解读及行业比较，识别、筛选与公司相关的可持续发展议题

构建双重重要性评估矩阵，完成议题审议批准及信息披露工作

背景分析议题梳理议题分析审阅披露

0809

ESG管理体系建设

利益相关方沟通

北辰实业扎实开展ESG体系建设工作，优化ESG治理架构，明确职责权限，积极开展专项ESG培训提升全员认知，并大力推动ESG管理体系认证工作致力于将ESG要求融入战略与运营全流程，推动ESG从管理实践向长效价值创造转化，助力企业可持续发展。

北辰实业始终聚焦利益相关方核心关切，持续加强常态化、多元化沟通机制建设，在可持续发展进程中凝聚各方共识。依托规范信息披露体系，回应利益相关方诉求，构建双方互信、高效协同的沟通生态，持续提升可持续发展能力，致力于实现多方价值的共创与共享。

国家会议中心启动ESG专项培训国家会议中心荣获国内首

家ESG认证会展场馆

客户服务热线客户满意度调查社交媒体宣传

客户座谈会职工访谈

职工代表大会

职工关爱活动投诉信箱电话访谈现场考察供应商大会战略合作新闻发布会

媒体访问年报及ESG报告年度及中期业绩发布会

新闻稿及刊物

传媒查询社区活动参与慈善公益捐赠

乡村振兴社交媒体宣传开展环保行动宣贯环保理念实施“双碳”行动

参加会议定期汇报接受监督论坛及交流项目股东大会公司网站投资者专栏投资者关系热线年报及ESG报告投资者调研上证e互动投资者集体接待日

策略会

遵守法律法规促进就业诚信守法经营支持地区发展创造市场价值降低经营风险信息合规披露

产品质量安全提供优质服务保护客户隐私

遵守行业规范促进产业创新推动行业发展

保护职工权益关爱职工健康促进职工发展

阳光采购互利共赢共同发展

参与社区建设支持社会公益保护生态环境合理利用资源环境社区与非政府组织

科研院所行业组织媒体与社会团体

供应商

职工

客户

投资者及股东

政府及监管机构

利益相关方类别

期望与诉求

沟通渠道

北辰实业主要通过以下内容来判断本公司主要利益相关方：

是否已投资或将要投资北辰实业

是否对北辰实业的业务运营具有影响力

是否在北辰实业的业务产品及服务中占有利益或受到影响等

9.能源利用

10.水资源利用

11.循环经济

12.生态系统与生物多

样性保护

13.污染物排放

14.废弃物处理

15.董事会多元化

16.责任供应链

17.助推行业发展

18.绿色运营

19.社会贡献

20.乡村振兴

21.数据安全与客户隐

私保护

22.反不正当竞争

23.利益相关方沟通

24.中小股东权益保护

对公司财务的重要性

2025年北辰实业双重重要性矩阵

同时具有财务重要性与影响重要性的议题具有财务重要性，但不具有影响重要性的议题具有影响重要性，但不具有财务重要性的议题既不具有财务重要性，也不具有影响重要性的议题

25.平等对待中小企业

26.尽职调查

27.科技伦理

7.反商业贿赂及反贪污

8.环境合规管理

1.产品和服务安全与质量

2.绿色建筑

3.创新驱动

4.应对气候变化

5.安全生产

6.员工

可持续发展管理

1011

专题一：

数智融合，激活产业发展新动能

北辰实业牢牢把握数字经济发展战略机遇，推进核心业务数字化转型与智能化升级，促进会展行业上下游资源整合与能力共建，引领行业向数据驱动、智慧协同的发展阶段演进，并通过专业人才引进与全员素养提升并举，全方位构建起支撑产业发展的数字化新生态。

打造智慧场馆

开拓数字合作

北辰实业全面深化会展业务数字化转型，重点聚焦受托管理的首都国际会展中心与国家会议中心二期两大核心场馆，系统构建数字化综合服务场景与智慧运营体系，提升场馆精细化管理水平、资源利用效率及响应能力。

北辰实业致力于构建开放协同的数字化合作生态，积极搭建多方参与的合作平台，通过链接政府、企业、高校及科研机构等多维资源，促进优势互补与能力共建，携手开展会展行业数字化转型的前沿探索与创新实践。

努力打造行业领先、国际知名的智慧会展综合体。构建了“一中枢、一底座、多系统、全终端”的整体架构，部署了智慧场馆数字平台，开发了涵盖业务运营、场馆运维、智慧服务的20个应用系统，实现了35个智慧化应用场景，全面提升了场馆的智慧化管理水平和业内知名度。自投运以来，整体运行平稳、效果良好，已成功保障机床展、啤酒节、HICOOL峰会等重要展会活动。同时，项目积极参与各类奖项及认证的申报，获得全国智能建筑及居住区数字化标准化技术委员会“2025年智慧园区标准应用五星案例”、2025年北京市国有企业应用场景示范项目、2025年中国会展人大会智慧会展场馆奖、华为智慧园区全球样板点等荣誉。

以“智慧会展”数字新技术应用为核心，从用户体验应用、场馆运营管理、关联业务集成、场馆安全管理、数字基础设施、场馆设备管理等方面打造一系列智慧化应用，包括元宇宙看馆系统、虚拟排桌系统、场馆智能运维系统等，依托深度融合的信息化体系，持续提升运营效率与高端服务能力，树立会展行业数字化转型的标杆。

2025年9月23日，北辰联合多方力量倡议成立了人工智能会展生态联盟。汇聚了政府部门、50余家领先企业及科研院校等多元主体，构建起覆盖“政产学研用”全链条的产业生态集群，标志着我国会展产业正迈入“智能生态协同”的新阶段。北辰以实际行动推动会展产业的数智化升级，致力于为全球会展业转型提供“北京样板”。

首都国际会展中心

国家会议中心二期

智联会展·生态共生?成立人工智能会展生态联盟

线上展馆场地展示

虚拟排桌系统元宇宙看馆系统

IOC智慧运营中心场地示意图人工智能会展生态联盟成立大会

专题

1213

2025年10月17日，北辰联合北京邮电大学、北京电信等各方资源，依托数智北京创新中心成立会展消费数据实验室，充分整合公共数据资源、会展行业数据资源、亚奥区域消费数据等资源，通过数字化手段赋能会展产业链上下游，构建“技术、场景、数据、模型、标准、资本”融合的生态平台，探索“文商旅体展”的深度融合，推动行业从传统模式向智能化、精准化方向转型。

数智会展·生态融合?组建会展消费数据实验室

培育数字人才

北辰实业构建以实战为导向、覆盖全员、贯穿全业务链的科技人才培养体系，同步推进专业人才引进与全员素养提升，围绕数据治理、信息安全等关键领域开展系统性培训，增强全员数字化认知与实践能力。

未来，北辰实业将坚定以公司“十五五”数字化转型规划作为驱动主业升级与价值增长的核心引擎，深化智慧场馆的场景应用与价值挖掘，构建开放、协同的数字生态，全面加强数字化人才的引进与培育，巩固并提升公司在数智新时代的领先地位与竞争优势。

开展数字化与信息管理部门共组织组织完成

次党委中心组科技创新专题学习场数字化专题培训余次数字化调研31430

2025年，北辰实业：

专题二：

赋能亚奥，打造潮流活力新地标

北辰实业深度整合亚奥商圈优势资源，依托协同营销与品牌活动两大抓手，持续推动业态创新与消费体验升级，加速“文商旅体展”多业态深度融合与协同发展，全力将亚奥商圈打造成为引领北京消费潮流的新地标、展现首都国际化风貌的新平台。

构建亚奥联盟，汇聚发展合力北辰作为“北京亚奥商圈新消费创新联盟”与“北京亚奥商圈发展促进会”两大平台的发起与主导单位，不断健全组织体系、深化协同联动，积极拓展成员单位，丰富区域服务生态的多样性与专业性，为亚奥商圈能级提升提供坚实支撑。

北辰发起设立北京亚奥商圈新消费创新联盟，吸纳了北京国资公司、首旅集团、北京银行、中国音乐学院等25家成员单位，全年累计召开四次理事会会议，系统确立组织章程与运行机制，深化成员间的战略协同，促进业态合作与资源共享，推动融合消费场景创新，提升亚奥商圈的发展活力。

北辰牵头发起设立北京亚奥商圈发展促进会，汇聚政府部门、文化场馆、龙头企业等32家核心成员，构建起跨行业、全链条的资源协同网络，以“文商旅体展”深度融合激活区域消费新动能，助力区域成长为活力澎湃、多元融合的国际化消费新地标。

北京亚奥商圈新消费创新联盟

北京亚奥商圈发展促进会

亚奥商圈新消费创新联盟一届理事会四次会议

专题

1415

2025年3月11日，北辰与中国电信北京分公司（北京电信）、天翼云在国家会议中心签署战略合作协议。同时，北京电信正式加入亚奥商圈新消费创新联盟。三方将以创新引领服务生态，将5G+AI应用到国际展会直播、赛事活动、生活体验等场景中，为九大消费场景创新赋能，赋予5G+AI全场景示范园区的崭新标签，助力亚奥消费提质升级。

“健康环保行亚奥五月红”：5月1日至4日，北辰组织志愿者团队保障“健康环保行亚奥五月红”活动成功举办。此次活动集健康、环保、趣味于一体，将环保理念融入休闲场景，吸引了众多市民游客参与，引领了绿色生活新风尚。

2025年6月27日，北辰与北京广播电视台在国家会议中心签署战略合作协议。同时，北京广播电视台正式加入亚奥商圈新消费创新联盟，双方将深度整合会展经济、媒体传播、城市运营等资源，共同激活亚奥商圈消费潜能。

企企协同联动，加速数字化升级

活力亚奥·精彩纷呈

媒企携手合作，打造消费新生态

北京电信加入亚奥商圈新消费创新联盟签约仪式

北辰与北京广播电视台在国家会议中心签署战略合作协议

2025法国独立沙龙中国展

CMG音乐·国会国韵新年音乐会

“健康环保行亚奥五月红”

激发商圈活力，共建繁荣生态北辰依托自身优势与平台资源，打造并升级多元业态融合的消费新场景，通过创新内容与特色活动，有效带动区域消费增长，为亚奥商圈注入持久动能。

未来，北辰将持续深化联盟机制建设，探索创新合作模式与实施路径，强化资源整合与协同效能，不断提升区域综合服务能力与国际化水平，以亚奥商圈为抓手，助力北京打造具有广泛全球影响力的国际交往平台。

北京朝阳美食观光巴士中轴专线：7月27日，北辰与朝阳文

旅集团联合推出的北京朝阳美食观光巴士?中轴专线首发运营，作为北京首个国企打造的“移动观景餐厅+文化解说”双层巴士，以交通餐饮观光一体化方式串联中轴文旅地标，生动展现首都古韵与现代活力。2025法国独立沙龙中国展：9月13日至15日，“国会国韵”国际文化艺术交流展?2025法国独立沙龙中国展隆重举行，以“中法文化‘超级连接’”为主题，促进两国艺术深度对话与融合，是亚奥商圈联盟资源整合与国际化平台效应的生动体现。CMG音乐·国会国韵新年音乐会：12月29日至31日，CMG音乐·国会国韵新年音乐会圆满举办，为北京“文商旅体展”深度融合矩阵注入高雅基因，进一步营造亚奥商圈的文艺氛围。

专题

北辰之治引领合规新航程

1617

北辰之治

引领合规新航程

北辰实业坚持将党的领导、公司治理与合规经营深度融合，构建以党建引领方向、以治理夯实基础、以合规护航发展的三位一体管控体系，持续优化权责清晰、运转高效、诚信合规的治理机制，以高标准治理支撑公司高质量发展。

强化党建引领完善公司治理

本章回应的SDGs：

恪守合规经营推动科技创新

北辰之治引领合规新航程

1819

强化党建引领

加强党的建设

深化理论武装

建强组织体系

北辰实业坚持以习近平新时代中国特色社会主义思想为指导，紧密围绕新时代党的建设总要求，将党建工作系统融入公司治理与业务发展，坚定不移推进全面从严治党，扎实推动深入贯彻中央八项规定精神学习教育走深走实，不断建强基层党组织和党员队伍，切实把党建优势转化为推动公司发展的强大动力。

北辰实业严格落实“第一议题”制度，深化“两个一以贯之”，持续推动党的领导和公司治理深度融合，学习以严的基调推进全面从严治党，着力促进党建与业务深度融合，将党的政治优势、组织优势有效转化为推动业务发展、战略落地与改革创新的实际效能。

北辰实业突出抓好理论学习，积极组织开展党的二十届四中全会精神宣讲，推动深入贯彻中央八项规定精神学习教育走深走实，开展学习贯彻习近平总书记关于国有企业改革发展和党的建设的重要论述专题教育，着力引导全体党员干部职工增强“四个意识”、坚定“四个自信”、做到“两个维护”，持续筑牢思想政治根基。

北辰实业持续完善党建工作规范化手册（2.0版），明确“三会一课”、组织生活、换届选举、发展党员等工作流程和标准，坚持“基本流程+操作手册+负面清单”一体推进党组织标准化规范化建设，严把发展党员政治标准，加大在高层次人才、基层一线职工等重点群体发展党员力度，并积极开展党支部书记培训班、“青马工程”班，持续提升党团骨干的政治素养与履职能力，增强党组织的政治功能和组织功能。

北辰实业召开2025年警示教育大会

北辰实业举办“国会国韵红心向党”庆祝中国共产党成立104周年音乐会

北辰实业举办2025年党支部书记培训班北辰实业开展2025年度党员集中轮训

构建“双向进入、交叉任职”的领导体制常态化推进党建入章工作动态优化党组织前置研究讨论重大事项清单

深入开展群众身边不正之风和腐败问题集中整治完善全面从严治党（党建）考核体系，建立“基础+重点+亮点”框架，实施“一企一单”差异化考核，并将考核结果纳入年度业绩考核，强化“指挥棒”作用开展党风廉政建设“宣教月”“以案为鉴、以案促改”警示教育大会等活动，推动廉洁理念融入日常管理、嵌入业务流程

在重大任务与日常经营中充分发挥基层党组织战斗堡垒和党员先锋模范作用，通过青年人才培养、产业链协同、党建共建等载体促进业务创新，推动党建与经营双向赋能、一体发展

融入公司治理全面从严治党党建业务融合

共开展党的二十届四中全会精神宣讲累计开展中央八项规定精神学习专题党课

场次次12934996

2025年，北辰实业及分子公司：

北辰之治引领合规新航程

2021

完善公司治理

规范治理架构

优化治理机制

落实国企改革

北辰实业严格遵循《中华人民共和国公司法》等相关法律法规，全面落实《上市公司治理准则》等监管要求，建立并坚持完善权责明晰、运转高效、制衡有效的现代化治理体系，持续深化国企改革，有力促进公司高效运作、稳定运行。

北辰实业不断完善公司治理架构，董事会下设审计、战略、薪酬与考核、提名、法律合规五个专门委员会，各专门委员会依照职责权限有序运行，为董事会科学决策、精准规划提供坚实有力支持。北辰实业董事会现由8名成员组成，其中5名内部董事、3名独立董事。

北辰实业系统优化公司治理机制，通过明晰权责配置、健全决策与授权机制、构建精准化考核体系、完善董事会运作程序、提升数字化管理水平、强化关键岗位人员能力素养以及保障股东权益，有效促进公司整体治理能力跃升。

北辰实业坚决贯彻关于深化国企改革的各项决策部署，锚定高质量发展目标，围绕优化发展格局与激发内生动力，持续深化改革攻坚，确保各项改革任务取得扎实成果，实现长效发展。

明确权责边界：修订公司“三重一大”决策制度与《董事会议事规则》，优化董事会及专委会职责，细化董事长职权，规范董秘管理，厘清各治理主体权责

加强数字化管理：聚焦管理制度化、制度清单化、清单信息化，建立并维护好“三重一大”决策和监管系统以及董事会工作系统健全考核机制：制定董事会对经理层的差异化考核方案，强化个人与目标绑定；季度检查子企业决策程序与执行情况，督促问题整改

保障股东权益：畅通股东沟通渠道，保障股东知情权与参与权

规范董事会运作：认真筹备董事会会议和专委会会议，加强与独立董事沟通，规范会议召集、审议和决策程序，加大对决策执行情况的跟踪督导力度规范授权体系：根据实际调整年度董事会向总经理授权方案与清单，落实总经理报告机制

提升履职能力：组织针对派出董事的专项培训

优化产业布局

提升活力效率

系统梳理各业务板块最新战略定位与核心需求，对管理架构进行迭代升级，重点强化会展作为第一主业的核心地位，构建主业突出、多板块协同发展的现代化产业体系。

会展产业实现全链条协同升级，深化上游主承办能力，在圆满举办既有项目的基础上，成功开拓北京半程马拉松博览会、IASP世界大会等新项目，拓展中游运营管理规模，创新下游专业服务布局，打通会展业务的价值闭环。会展配套设施服务业发展稳健，管理质效持续提升，顺利完成北辰中心、北辰荟等项目的平稳接管，高效承接辰运大厦及奥林匹克塔项目；通过政策优化与机制创新激发经营活力，实现品牌升级与IP打造；紧扣数据产业集聚目标，通过举办活动与硬件升级扩大园区影响，完善园区生态。

地产板块进一步加强区域整合，构建以“大服务”为理念引领、以“双改”（城市更新改造、高品质改善产品）为核心驱动力的“一核两翼”新战略格局，将自身发展深度融入城市进化脉络，实现从单一“空间建造者”向“综合生活服务商”与“城市运营伙伴”的价值蜕变。

成功举办“仲满杯”击剑公开赛、北京国际燕京啤酒文化节等活动，深化“北京亚奥”与“长沙滨江”南北商圈合作，在推动资源共享、数据联通、汇智聚力方面务求实效，促进“文商旅体展”多业态综合发展，构建更具韧性的产业生态体系。

全面推进“三项制度”改革走深走实，深化市场化经营机制改革，围绕干部能上能下、员工能进能出、收入能增能减和加速人力资源数字化建设制定改革任务，强化绩效考核与薪酬激励的精准联动，推动管理人员竞争上岗与末等调整机制全覆盖，积极探索中长期激励模式，加强年轻干部队伍建设，全面提升内部活力。

会展及配套设施服务地产

会展+

IASP世界大会

红橡墅项目集中交付业绩亮眼

长沙北辰滨江商圈新生活创新联盟正式成立，激活“文商旅体展”多元业态融合新消费长沙北辰荟焕新升级

北辰之治引领合规新航程

2223

恪守合规经营

落实合规管理

防控合规风险

北辰实业将合规要求融入运营管理全流程，系统推进法律、合规、内控与风控“四位一体”的协同运作机制，通过健全制度、强化执行、持续监督以及文化培育，确保各项经营活动严格遵循合规准则。

北辰实业持续完善合规管理体系，全面推进法治建设，系统强化知识产权保护与信息披露质量，推动合规管理迈向系统化、标准化、常态化新阶段。

北辰实业坚持以“管理有序、管控有效、协同有机”为目标，深入推进合规风险防控工作，实现覆盖范围横到边、管理幅度纵到底，持续提升风险管控能力。

健全合规体系

加强信息披露

完善法治建设

保护知识产权

严格遵循公司《合规管理办法》《合规行为准则》等制度要求，通过系统规划、专项部署、定期检查与闭环整改，深化合规审查与管控优化，确保合规管理机制持续有效运行并不断迭代完善，同步开展专项合规培训与宣教，推动全员签署《合规承诺书》，营造主动合规的良好氛围。

严格按照沪港两地监管要求，规范并及时完成公司定期报告及董监高变更、财务资助及融资担保、控股股东增持、估值提升计划、市值管理等重大事项临时公告的编制和发布工作，认真做好信息披露。截至2025年底，共发公告262个，其中A股102个，H股160个。

不断深化“法治北辰”建设，编制《“十五五”规划法治建设初步思路和发展建议》《法治建设管理办法》，健全“一企一策”考核评价机制，促进“规范化、系统化、标准化、智能化”法治建设数字化转型，提升法治效能；同时，深化总法律顾问制度，加强法律专业人才队伍建设，并通过开展民法典宣传月、法治文化作品征集等主题活动与专项培训，增强全员法治意识。

完善知识产权管理体系，不断加大知识产权保护力度，持续提升“北辰”品牌的价值与影响力。2025年，提起3件商标注册申请、1件商标异议，积极应对北辰第39类商标撤三事项，核心商标“北辰”成功被认定为“北京知名商标品牌”，覆盖第36类及第41类商标服务项目，紧密契合公司在不动产及商业物业开发与运营领域的主营布局和在会展及文娱活动组织板块的业务拓展。

全系统专职法务人员资格到位率全系统法律人员共计完成参训总人数达

人课时“律盾”法律人才培训课程余人5182.3540160

2025年，北辰实业：

构建由主要负责人领导、首席合规官牵头、相关部门和企业协同配合的合规风险报告和应对机制定期组织召开风险管控工作领导小组会，分析研判资金监管政策及市场环境、公司资金情况、融资情况以及公司风险事项将合规要求嵌入内部控制流程，将合规管理措施嵌入内控矩阵

跟踪宏观政策调整、行业监管新规等关键风险动态，及时发布风险提示与应对指引定期识别重要风险，更新《合规风险清单》评估不同领域合规风险等级，同步评价管控措施的有效性，调整《内部控制手册》并组织制定管理完善计划

梳理年度部室职责、岗位工作的调整变化，结合风险识别情况，更新《重要岗位职责清单》围绕公司战略和中心任务，制定新一轮对辖属企业内控监督评价“三年全覆盖（2025-2027）”工作方案通过书面评估、现场穿行等方式，评估新业务、新企业合规风险监测防控落实情况加强对重要企业和重要事项的风险管控，加强关键指标监控，保持企业整体资本结构稳健

完善制度体系风险监测与识别压紧责任考核

北辰之治引领合规新航程

2425

严守商业道德北辰实业对违反商业道德的行为始终坚持零容忍态度，通过制度保障与文化引导相结合，确保各项工作在规范、透明、健康的轨道上稳健运行。

治理

数字化转型重点项目

战略

指标与目标

影响、风险和机遇管理

北辰实业严格落实《中华人民共和国公司法》《中华人民共和国反不正当竞争法》等法律法规要求，建立健全公司《合规管理办法》《合规行为准则》等制度体系，并通过严格考核推进反商业贿赂反贪污、反不正当竞争工作落实。

北辰实业已完成集中采购平台、“辰E家”一期、财务系统升级、资业财一体化等重点项目建设，云上数字基础设施、本地数字化基础设施及数据底座逐步完善，受托管理的首都国际会展中心与国家会议中心二期作为智慧场馆标杆已投入运行并取得阶段性成效。

北辰实业坚决反对和禁止任何形式的商业贿赂，审慎开展对外捐赠与赞助的评估工作，设立并畅通举报与投诉渠道，鼓励并保护职工、合作伙伴及其他相关方就违规行为进行举报，防范潜在风险；积极组织反商业贿赂及反贪污、反不正当竞争教育培训，强化全员廉洁意识与职业操守，全面营造风清气正、公开透明的商业环境。

北辰实业将持续完善反商业贿赂及反贪污治理体系，健全关键领域、重点环节的监督与审查机制，积极开展廉洁教育，努力实现廉洁风险动态清零。

年度雇员接受反腐倡廉相关培训职工人数涉及关于贿赂、勒索、欺诈及洗钱案件汇报期内对公司或雇员提出并已审结的贪污诉讼案件数目

6084人次0宗0宗

开展工程领域专项治理、深化招投标突出问题整治、规范差旅报销管理，常态化开展廉洁教育，筑牢风险防控体系随着监管政策日益收紧，公司面临的廉洁与合规风险日趋复杂，若在变更洽商、合同签订、招标工作、差旅报销等环节出现合规问题，可能导致运营效率降低或面临监管处罚贪污舞弊风险风险影响应对措施

2025年指标

推动科技创新

治理

战略

北辰实业系统构建创新驱动发展体系，通过完善顶层治理机制、强化战略协同，统筹推进数字化转型与产业创新，以科技赋能业务升级与价值增长。

北辰实业坚持完善网信工作领导体系，发布“1+5”数据管理制度，推进“四平台、两基础底座、两标杆”数字化建设重点工作，组织数字化对标评估，对30余个管控及业务系统进行全面诊断与优化规划，为“十五五”期间对标一流、提升数字化能力奠定扎实基础。

数据管理成熟度达到国家DCMM稳健级（甲方三级）水平

北辰实业数字营销平台“辰E家”正式发布

2025年，北辰实业：

数字化转型成熟度达到国家DLMM场景级（三星级）水平

荣耀见证

北辰之治引领合规新航程

2627

案例2025年，北辰实业以启动司库体系建设、升级财务信息系统平台为工作重点，以数字化手段为抓手，持续推进各类口径数据的标准化工作，提高财务系统与非财务系统之间的集成度，跨层级、跨部门、跨系统的数据交换和整合效率得到大幅提升。同时重视提高财务系统的算力效率，拓宽数据处理和分析的深度和广度，深度挖掘财务系统应用的业务场景，充分释放数据价值，提升财务管理水平。

北辰实业以数字化转型提升财务管理效能

产业数字化

数字产业化

北辰实业大力推动产业数字化发展，服贸会数字平台实现功能优化与智能化服务拓展，北极星会员体系加快构建跨业态积分生态，助力客户价值深度运营，会展数据消费实验室积极推进行业数据应用与商业模式探索，以数智赋能扎实推进产业转型。

北辰实业围绕数字产业化战略，系统开展政策研究、技术路径规划、区域产业调研、架构设计和财务测算等方面的可行性研究，组建北京北辰大都会展数智科技有限公司，推动数据要素价值转化与数字业务规模化发展。

影响、风险和机遇管理

指标与目标

调研头部企业与战略伙伴，研判趋势，明确技术方向以“小步快跑、试点先行”模式对新技术进行验证，成熟后推广规划专项资源，保障系统平滑迭代，降低转型影响聚焦核心场景，打造差异化数字产品与服务紧跟市场需求变化，动态优化服务与运营，提升客户满意度与黏性

数字化技术迭代迅速，若未能及时跟进前沿技术应用，可能导致现有系统与业务需求脱节，制约运营效率提升技术路线的不确定性可能增加转型投入并延长转型周期，影响转型进度随着数字经济快速发展，会展、商管等领域的数字化竞争日趋激烈，公司数字产业化业务面临来自跨界及同行的市场挤压风险

技术挑战

市场竞争

风险风险影响应对措施

北辰实业将以“十五五”数字化转型规划为引领，统筹实施“春苗”行动计划，全面推进总部管控系统信创改造与下属单位非信创系统、终端及数字基础设施升级，进一步加速数字化转型进程。

有效专利总数研发投入

5项

0.78亿元

2025年指标

2726

北辰之绿谱写生态新篇章

2829

北辰之绿

谱写生态新篇章

北辰实业将生态文明理念深度融入经营发展，完善环境治理体系以筑牢环保根基，锚定“双碳”目标积极应对气候挑战，在运营中深挖节能潜力、拓展减排成效，并协同供应链共建绿色生态，全面构建绿色低碳、环境友好的发展新范式。

完善环境管理应对气候变化

本章回应的SDGs：

推行节能减排坚持绿色运营

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完善环境管理应对气候变化

治理

战略

指标与目标

影响、风险和机遇管理

北辰实业坚持完善环境治理制度体系，扎实推进重点环保工作落地实施，有效防范环境风险，不断提升全员环保能力与专业素养，全方位优化环境管理效能，为公司绿色低碳转型提供坚实保障。

北辰实业积极响应国家“双碳”号召，系统构建并持续完善气候变化治理体系，科学评估气候风险与转型机遇，制定并实施针对性举措，将低碳转型融入长期发展战略。

北辰实业以《中华人民共和国环境保护法》等法律法规为根本遵循，依据最新要求修订完善《节约能源管理办法》《环境保护管理办法》，强化环境管理的规范性、合规性，夯实环境管理体系与制度基础。

北辰实业建立碳达峰碳中和领导小组，负责组织、协调、推进、落实“双碳”具体工作，办公室设在安全与工程环保部，与各子企业协同联动，系统推进气候变化应对、碳减排路径落实与低碳转型相关工作。

北辰实业不断优化环境风险防控机制，常态化开展环境隐患排查与整治，持续提升环境突发事件应对能力，全面防范各类环境风险，同时积极组织开展环保专项培训，提升相关岗位人员的专业能力，并结合常态化宣教，深化全员环保意识。

北辰实业将持续深化环境管理体系建设，强化风险管控机制，进一步加强节能环保专项培训与绿色理念宣导，努力推动环境风险动态清零，牢牢守住环境风险防线。

北辰地产、五洲·会议中心张贴环保宣传海报

碳达峰碳中和领导小组

北辰实业绿电购买证书

安装在线扬尘监测设备，实现对颗粒物浓度的实时监控制定并严格执行施工时间管理规定建立分类收集、合规运输、定点处置的全流程管理，确保所有环节符合环保法规要求设置环评管理专员，系统跟踪环保法规、政策及地方标准的最新动态，确保项目始终符合现行规定

污水、废气、扬尘或噪声若超标排放，可能导致行政处罚、项目施工许可被暂停、声誉受损及舆论压力等多重风险若未遵循规范流程处理废弃物，易引发土壤与水体污染若未能依法取得或及时更新建设项目环评文件，可能导致项目无法合法开工或继续建设

排放物超标

年度环保投入涉及非法向环境排放污染物的案件涉及对自然环境造成破坏的案件

万元宗宗

废弃物处理不规范项目准入

风险

指标

风险影响

单位2025年指标

应对措施

组长常务副组长

副组长

成员

公司党委副书记、总经理分管安全与工程环保部的副总经理分管各下属单位的副总经理和高级管理人员安全与工程环保部、办公室、党委宣传部、财务资金部负责人

各下属单位主要负责人

落实“双碳”行动

北辰实业认真落实碳达峰行动方案，定期跟进碳达峰碳中和重点项目进度，积极响应绿电政策，持续扩大绿电采购规模，并依托科技创新，构建数字化、智能化的能碳管理体系，全方位助力减碳目标实现。2025年，北辰实业共购买绿电1049.3万度，折合二氧化碳减排量6337吨。

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打造绿色建筑

创新碳中和会展

北辰实业严格对标绿色建筑认证标准，积极应用低碳环保技术，系统降低建筑全生命周期碳排放，着力打造高品质绿色低碳建筑产品。

优先选用符合环保标准及绿色认证的建材，推行装配式施工工艺，建立建筑废弃物分类回收利用体系，选用本地建材降低运输碳排放景观规划中优先选用乡土植物，融入海绵城市设计以增强碳汇能力，降低建筑碳足迹通过优化建筑朝向、窗墙比及围护结构设计，充分利用自然采光与通风，减少采暖和制冷负荷；采用高效节能设备、可再生能源系统，搭建能耗监测与智能调控平台，降低建筑运行能耗与碳排放

北辰实业将低碳发展理念系统融入会展项目的全流程管理，聚焦关键环节，推进碳减排措施的创新与落地，积极探索可量化、可实现的碳中和会展实施新路径。

指标与目标北辰实业将继续以“双碳”目标为引领，全面落实碳达峰行动方案与“十五五”规划，坚持跟踪监控碳排放情况，统计并披露相关指标，进一步提高气候风险应对及管理能力。

温室气体排放总量直接排放量（范围一）间接排放量（范围二）持有的树木减排量每平方米楼面面积温室气体排放量（范围一及二）

绿色建筑证书

公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量

个

59429

58531

0.1156

指标单位2025年指标

影响、风险和机遇管理

建立政策跟踪研判机制，主动参与行业标准讨论提前规划并投入研发，布局低碳、绿色建筑、零碳转型关键技术与顶尖高校、科研机构共建产学研平台，跟踪前沿技术制定传统技术升级路线图，系统提升能源与资源利用效率加快推出“绿色产品线”全面提高产品与服务的绿色认证等级与覆盖率建立常态化的ESG信息披露机制逐步推进发布独立验证的碳中和进展与减排绩效报告制定针对不同灾种的专项应急预案加强气象监测与预警全面推广节水技术与智能能耗管理系统

政府推出更严格的政策易导致合规成本增加绿色低碳技术迭代加速，创新周期缩短，传统技术面临淘汰风险客户对绿色建筑需求提升，市场竞争加剧若未达碳中和目标，可能损害公司品牌形象与公信力，并导致ESG评级下调，影响投资者信心极端天气（如暴雨、大风）影响持有物业和改扩建工程项目施工安全与进度长期高温、干旱加剧水资源供应压力，影响建筑能耗

政策与法律

技术市场声誉急性慢性

转型风险

物理风险

风险类型风险影响应对策略

北京绿色交易所颁发2025中国会展业数字化与创新大会碳中和服务认证授牌

北京绿色交易所颁发2025年中国国际服务贸易交易会碳中和证书

2025世界燃气大会碳中和证书

案例

在2025年世界燃气大会期间，北辰实业受托管理的国家会议中心二期与北京市节能环保中心合作，构建“会前减排—会中管控—会后中和”的全流程碳中和体系，主动对接专业技术团队对会议全流程的碳排放进行系统盘查，最终通过“2024年北京绿色生活平台快电新能源车充电减碳场景”产生的碳普惠减排量抵消了4544.76吨二氧化碳当量，实现会议碳中和，拓展了绿色低碳理念的实践路径与社会影响力。

北辰实业获2025年世界燃气大会碳中和证书

环保建材

节能设计生态融合

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推行节能减排

节约能源资源

北辰实业坚持以绿色发展为导向，系统实施节能技术改造与管理优化，推进能源结构调整与利用效率提升，同时强化污染物源头控制和全过程治理，努力实现经济效益与环境效益的协调统一。

北辰实业深入贯彻节能环保总体部署，建立健全长效管理机制，系统推进技术升级与模式创新，持续深化节能专项工作，推动能源资源整体利用效率提升。2025年，北辰实业能源消耗总量15310吨标准煤，同比2024年15682吨标准煤，下降2.4%。

设备改造：开展制冷机组、水泵、扶梯等高耗能设备更新与变频改造精细运行：精准调控供冷/供热系统，根据气温、客流及会议安排动态调整运行策略；加强设备巡检与维护，杜绝“跑冒滴漏”，建立能耗异常监测与溯源整改机制智能系统：推广智能能源管理系统，实时监测能耗数据

环保材料应用：明确要求参展商减少使用一次性搭建物料，鼓励复用上届展会公共设施食材边角料二次利用：对食材边角料开展创意化加工，例如将西蓝花根茎制作成开胃小菜、将豆腐渣蒸制成馒头，提升食材利用率减塑行动：实施一次性塑料制品全面禁用政策，会议茶歇、餐饮服务均采用可降解餐具及可循环利用的玻璃杯、陶瓷餐具，联合合作伙伴推广“自带水杯”行动，在公共区域科学布设充足直饮水点无纸化会议：通过场馆专属APP、小程序和数字导览系统，实现会议议程、资料、通知等内容的电子化发放与查阅，减少纸质文件的印制与使用

设备管理：使用节水型器具；对供水系统进行常态化巡检与即时维修，严防跑冒滴漏循环利用：积极推进水资源循环利用，如对冷凝水进行回收利用，采用中水回用系统等，提高水资源利用效率

能源管理

物料管理

水资源管理

锅炉改造前后

智能配电管理系统

冷水机组改造前后

循环水泵改造前后

案例

2025年，五洲皇冠酒店进行了三大项节能改造项目，可实现年节电量16.67万千瓦时、年节燃油8.82吨，年节能量折合标准煤57.69吨，成功获得北京市朝阳区节能减碳专项资金52.15万元。

2025年，公设公司完成智能配电系统安装投运，搭设智能配电管理主站，为亚运村、国会区域采集点位加装远程抄表装置，实现该区域电能数据远程集采与实时监控，形成量化分析成果并输出重点能耗分布曲线与占比，提出科学用电建议，为节能工作与后续针对性节能改造提供数据支撑。

燃油锅炉改造：将原有的4台高耗能燃油锅炉全部替换为3台385千瓦全自动电热水锅炉，并同步升级供电系统，实现了备用热源系统的清洁化转型，显著提升能源使用的环保性。冷水机组改造：将能效低下的1号冷水机组更换为2039千瓦制冷量、

390.9千瓦功率的一级能效离心式

冷水机组，并为2号机组加装变频器、3号机组更换冷凝器，全面提升系统能效与运行灵活性。循环水泵升级：对长期运行能效下降的循环水泵进行全面升级，共更换9台高效水泵（包括冷冻泵、冷却泵、供暖循环泵各3台），显著降低输送能耗，提升系统整体能效。

五洲皇冠酒店开展三大节能改造项目

公设公司搭建智能配电系统

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咖啡角围挡采用可循环瓦楞纸板

五洲·会议中心张贴节能标识

北辰实业受托管理的首都国际会展中心采用智能垃圾桶，优化垃圾收集与处理流程

案例北辰实业携手亚洲基础设施投资银行（亚投行）第十届理事会年会主办方，构建起覆盖会议全流程的绿色体系，从可循环材料的会场布置、可降解餐具的使用，到融合电子与回收材料的标识系统、可循环瓦楞纸板围挡的咖啡角，以及沿用可循环设施的公共区域和醒目的垃圾分类指引，每一处细节均传递出环保理念。同时，场馆配备的600平方米太阳能光热系统，更是通过智能科技与环保理念的融合，构建了现代化高效节能的场馆运营新模式。

北辰实业构建全流程绿色会展体系

控制污染排放

北辰实业系统建立覆盖固体、液体、气体废物及施工扬尘等重点污染物的防治体系，严格执行排放标准，通过动态更新与自查《环境保护设施设备管理台账》《污染源统计台账》，实现对排放源的实时监测和闭环管理，提升污染防治效能，切实降低运营活动对环境的负面影响。2025年，未发生污染物违法违规排放事件。

连续多年选择具有专业资质的单位签署危险废物无害化处置技术服务协议，对项目经营过程中产生的废荧光灯管、废铅酸电池、硒鼓等危险废弃物进行无害化集中处置推广使用无磷清洁剂，减少水资源污染

前端精准投放：在场馆会议室、餐厅、办公区、客房区等全域配置四分类垃圾桶，餐饮区域餐盘回收处单独设置厨余垃圾、可回收物投放点，张贴图文清晰分类标识，精准引导职工及宾客规范分类中端专业收运与监管：规范收集暂存厨余垃圾，交由政府指定专业处理厂统一收运；对纸张、塑料瓶、金属等可回收物开展二次分拣，交由具备资质的再生资源回收企业规范处理末端数据追踪：全面采集各类垃圾产生量、收运量、处置去向等核心数据，为后续管理优化提供坚实数据支撑

北辰商管汇宾汇欣项目部国家会议中心

节能管理

节水管理

绿色出行

纸张与办公用品节约

坚持绿色运营

推广绿色办公

开展环保公益

北辰实业将绿色发展理念全面融入运营管理，广泛推行绿色办公，积极开展环保公益活动，并以绿色采购为抓手，带动供应链伙伴提升环境绩效，共同构建环境友好型的可持续生态体系。

北辰实业编制印发《公共及办公区域节能实施方案》《节能低碳行为规范》等制度文件，加强对能源、纸张及水资源的消耗管控，并结合多渠道、多形式的环保宣传引导，号召全体职工践行简约适度、绿色低碳的工作与行为方式。

北辰实业积极组织开展环保公益活动，将生态保护理念转化为具体实践，增强职工与社会公众环保意识，厚植绿色发展文化。

办公室照明、空调、电脑做到人走关闭，减少“待机”能耗损失公区照明结合自然采光进行控制，白天尽量利用自然光源，夜间严格执行开闭时间规定

在茶水间、卫生间等重点用水区域张贴节水标识

提倡使用公共交通工具、骑行或步行，减少公务车、私家车使用频率

全面推广电子化办公，减少纸质文件使用打印时双面利用纸张，用过的单面纸收集作为内部草稿纸循环使用合理使用文具，避免采购一次性用品

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北京国际会议中心、北辰五洲大酒店、五洲皇冠酒店熄灯前后

亚运村中心花园小微湿地

国家会议中心熄灯前后

案例

2025年3月22日，在北辰实业号召下，多个项目与全球众多国家地标建筑同时熄灯60分钟。亚运村：亚运村园区景观照明提前一小时关闭，节约电能132.46千瓦时，降碳82.19千克。

公设公司：将亚运村草坪改造为小微湿地，现有几十种绿植、10余种湿生植物、3~4种鱼类，给园区增加了氧气含量，改善了亚运村园区的生态环境。

北京北辰洲际：开展奥林匹克森林公园城市清洁公益活动，参与者在沉浸式感受奥林匹克文化氛围与自然美景的同时，顺手清理烟头、碎纸屑、矿泉水瓶、塑料袋等沿途垃圾，通过实际行动增强环保意识，为打造美丽城市贡献力量。国家会议中心：连续第14年参与地球一小时活动，除了熄灭景观灯及部分室内区域照明，并提前在电子屏播放海报号召职工、客户一起为地球献出一小时。

北辰实业参与地球一小时活动

落实绿色采购

北辰实业将环保理念贯穿供应商管理全流程，明确各环节标准与规范，推动绿色采购从“合规达标”向“主动践行”升级，有效引领供应链合作伙伴协同实现绿色转型。

将“是否具备绿色认证”作为供应商筛选的优先条件，优先采购具备中国环境标志、节能产品认证等资质的商品

包装物应使用可循环、可降解或无害化处理材料，避免过度包装及有毒有害物质，运输车辆需符合国家及地方排放标准，定期提供环保检测合格证明

定期对供应商履约情况进行评估，对不符合要求的供应商进行约谈、督促整改，必要时暂停合作

准入筛选过程管理评价考核

3839

北辰之情共筑美好新生活

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北辰之情

共筑美好新生活北辰实业坚持与各方共创价值、共享美好，秉持以人为本理念，促进职工与企业共同成长，主动携手合作伙伴，共同推动行业协同与进步，持续深耕品牌价值，以优质产品与服务回馈客户信赖，积极投入民生与乡村振兴事业，切实履行责任担当，为社会和谐发展贡献力量。

构建和谐企业携手伙伴共赢

本章回应的SDGs：

品牌价值引领倾力回馈社会

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构建和谐企业

凝聚职工合力

北辰实业以构建和谐稳定的劳动关系为核心，全面维护职工合法权益，持续完善人才培养体系与职业发展通道，扎实推进职工关怀各项举措，从严强化职业健康保护和安全生产管理，实现职工成长与企业发展同频共振、双向赋能的良性循环。

北辰实业始终视职工为公司最宝贵的财富，建立健全以权益保障为基础、以赋能成长为核心、以职工关爱为纽带的综合支持体系，促进职工与企业共同成长，持续增强组织凝聚力与向心力。

治理

战略

北辰实业修订完善《职工薪酬管理办法》《补充医疗保险管理办法》《公司总部职工福利管理办法》等核心制度，全面评估“十四五”人力资源规划实施情况，并围绕市国资委“十五五”发展方向，明确战略目标与实施路径，为人力资源工作奠定基础。

北辰实业严格遵守各项内部管理制度，着力构建覆盖全面、执行有力的职工权益保障体系，切实维护职工合法权益，致力于为职工创造平等、包容的工作环境。

北辰实业深入践行“人才强企”战略，全面优化人才发展体系，持续加强梯队建设与内部流动机制，构建贯穿职业全周期、多通道并行的成长路径，有效激发人才活力。

恪守公开、公平、公正的招聘原则禁止雇用童工及强制劳工建立电子劳动合同管理体系降低医疗保险起付线标准，增加数字化自助服务平台，提高报销结算的时效性和便捷性建立薪酬字典，形成公司统一的薪酬体系，进一步明确薪酬分配导向严格按照总部职工薪酬管理办法规定，及时支付薪酬，未出现逾期支付等情况落实市人社局工资收入内外检查整改要求，规范福利待遇召开公司第四届职工代表大会第四次会议开展企业厂务公开民主管理自查

权益保障

赋能成长

公平雇用

薪酬福利社会保障

民主管理

优化人才“引、育、用、留”全周期管理，对外积极拓展合作，对内搭建内部招聘平台，明确关键岗位基础素质模型，从严把控入职标准，建立健全考核评估机制，将考核结果作为职务聘任与梯队建设的重要依据，严格执行干部选拔“六步走”方案，优化领导班子结构与功能，并着力加强优秀年轻干部的常态化储备与系统化培养，强化组织人才支撑。

构建覆盖经营管理与专业技能的人才培养机制，依托“北辰研学院”等平台，分层分类提升核心人才的政治素养、专业能力与领导力，深入实施“工匠计划”，着力培育高技能人才，激发产业工人创新活力，打造支撑公司高质量发展的复合型人才梯队。2025年，北辰成功获评北京市首批“产教评”技能生态链链主单位。

优化人才体系重视人才培养

案例

2025年6月16日，北辰实业首期青年人才“新锐班”在中国人民大学正式启动。培训围绕深化文化认同与使命担当、系统提升综合能力、强化协同与创新意识三大核心目标展开。60名青年骨干在18天集中培养过程中，完成15门课程学习、团队拓展、领导力沙盘模拟及标杆企业参访，并通过“降本增效协同发展”主题工作坊，推动学习成果落地实践，助力青年骨干成长与业务能力提升。

北辰实业组织开展首期青年人才“新锐班”

北辰实业首期青年人才“新锐班”

北辰实业举办职工沙龙，锻炼素质能力北辰与ICCA签署“注册国际商务会展专业人士（CIBEP）”三级

认证课程体系合作协议

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北辰实业举办职工心理关爱训练营系列活动北辰实业举办篮球赛

北辰实业围绕职工实际需求，精心策划并扎实开展冬送温暖、夏送清凉、暖心助考等形式多样的职工慰问与帮扶工作，切实为职工办实事、解难题，并通过丰富多彩的文体活动，充实职工业余生活，营造温暖和谐、健康向上、团结融洽的工作氛围，持续提升职工幸福感与归属感。截至2025年底，职工互助保障完成各项理赔累计331人次，116万余元。

职工关爱

审查招聘公告文字表述，建立标准化、结构化的面试流程，规范录用通知内容建立关键岗位继任计划推广内部竞聘与轮岗工作机制根据岗位特质审慎选择用工模式，规范相关用工协议，避免直接管理劳务外包人员

招聘过程中易出现歧视带来的法律风险“人岗不匹配”容易导致人才流失率升高核心岗位依赖长期经验积累，可能出现后备人才断层问题各类用工（劳务派遣、外包等）的法律边界不清，可能被认定为事实劳动关系，承担雇主责任

人才引进与配置

用工模式多元化

风险风险影响应对措施影响、风险和机遇管理

指标与目标

北辰实业将持续优化用工结构与用工模式，完善人力资源配置机制，推进精准招聘与高质量选拔，强化人才与岗位的动态匹配，系统拓宽职业成长通道，激发内生动力，并全面深化职工关怀，提升组织效能。

职工人数女性职工占比受训雇员百分比劳动合同签订率社会保险覆盖率

人%%%%

4729

42.9

98.76

指标单位2025年指标

守护健康安全

北辰实业通过完善制度机制、严格执行规范化流程、开展常态化培训，持续提升全员职业健康素养与安全行为能力，努力营造安全、稳定、健康的工作环境。

治理

战略

北辰实业科学构建并坚持完善职业健康安全与安全生产管理体系，扎实推进安全生产治本攻坚三年行动，强化从源头到终端的全过程安全监督，严格落实健康安全责任，夯实安全发展基础。

北辰实业高度重视职业健康保障，定期组织全员体检，积极开展职业健康安全培训，优化工作环境并规范劳动防护用品管理与使用，多维度筑牢职业健康安全防线。2025年，参与互助保障送健康知识答题活动职工突破1900人次。

北辰实业始终将安全生产作为公司发展的首要任务，坚持从源头防范化解重大风险，推动形成全员参与、全流程覆盖、全方位落实的风险防控机制，切实提升本质安全水平。2025年，北辰实业荣获市管企业“平安北京建设考核优秀单位”荣誉称号。

职业健康

安全生产

北辰商管创新“安全家书”形式，推动安全文化融入员工家庭

针对高层建筑、大型商业综合体及会展场馆等重点运营场景，常态化开展动火作业、消防控制室、燃气与冷库安全、有限空间作业等关键领域的专项排查与整治工作，并定期组织综合应急演练，加强专业化应急抢险力量，提升突发事件的处置与协同响应能力。

高度重视安全文化建设，开展“安全生产月”“安康杯”竞赛等专题活动，结合常态化安全生产专项培训，推动安全理念内化于心、外化于行，切实转化为全员的自觉行动与长效实践。

防范安全风险

培育安全文化

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建立覆盖所有业务场景的安全生产管理制度体系，形成常态化安全审查与动态更新机制开展安全培训与专项演练，增强安全意识和应急处置能力组建专职应急队伍，配足应急物资与装备，确保响应及时有效

商业及会展业务因人员密集、设备复杂、作业环节多，易出现包括火灾、人员踩踏、治安事件及设备故障在内的多重安全风险，可能引发人身伤害、财产损失、运营中断、法律纠纷及声誉受损等后果安全生产

风险风险影响应对措施影响、风险和机遇管理

指标与目标

北辰实业将持续深化职业健康安全管理与安全生产治本攻坚行动，强化重点场所风险排查与专项整治，深入开展安全文化建设与全员宣传教育，持续筑牢安全健康发展根基。

安全生产总投入

安全培训人次安全培训覆盖率因伤损失工作日数因工死亡事故二十万小时可记录工伤事故率

职业病率

亿元人次%天宗%%

指标单位2025年指标

案例

2025年11月19日，北辰实业“安康杯”消防安全技能比赛暨“119”消防宣传日活动成功举办，12支队伍在近50米赛道上展开消防技能实战比拼，并安排消防器材识别和“逃生帐篷”疏散逃生体验，让现场观众进一步掌握实用的消防安全技能，在沉浸式互动中提升应急处置与自救互救能力，将“全民消防，生命至上”的安全理念深植于心。

2025年9月11日，北辰会展研究院联合中国会展经济研究会创新编纂的《中国展览指数报告（2024）》在第四届国际会展经济发展论坛上重磅发布。该报告系统分析了会展行业在消费复苏、数字化浪潮下的发展态势，为行业发展提供了坚实的数据支撑。此次发布是该系列报告连续第七年亮相，通过与中国会展经济研究会开展数据合作，打通了国内会展数据统计渠道，实现了全国性展览指数评价体系建设的从零到一，充分彰显了北辰在会展行业研究方面的引领性与创新性。

北辰实业举办“保安全、促经营”消防安全技能比赛暨“119”消防宣传日活动

北辰会展研究院发布《中国展览指数报告（2024）》

“安康杯”消防安全技能比赛暨“119”消防宣传日活动

《中国展览指数报告（2024）》

北辰商管针对供应商在平台操作中的共性难题组织集中培训

携手伙伴共赢

深化战略合作

助力行业发展

加强供应链管理

北辰实业秉持协作共赢理念，拓展并深化战略合作，积极参与行业交流，分享实践经验，以自身探索助力行业进步，着力加强供应链的可持续管理，推动构建负责任的供应链体系，努力实现价值共创与成果共享。

北辰实业积极构建多元开放的合作生态体系，不断拓展高质量合作伙伴网络，广泛汇聚内外部创新资源与发展能力，系统提升协同效能，稳步培育并增强长期核心竞争优势。

北辰实业积极参加并支持国内外高端会展行业交流活动，主动分享实践成果与行业洞察，重视会展产业研究与智库建设，深度参与行业标准制定，连续7年发布《中国展览指数报告》，以专业研究能力与权威数据体系为会展行业高质量发展提供系统性支持与专业指引。

北辰实业持续推进供应商管理体系的优化升级，制定并严格实施《货物、服务采购招标管理规定》，

建立健全涵盖供应商准入、招标比选、招标评审等环节的管控机制，全面部署数字化采购平台，系统规范采购流程与职责权限，实现对采购的全周期闭环管理，构建开放透明、安全可靠、高效协同的供应链体系。

供应商准入：严格开展资质调查，全面进行风险排查，规范执行准入机制供应商选择：通过招标比选方式公开、公平、合理选择适当的合作伙伴供应商评估：通过年度评估与周期评估，完成供应商履约考核评价，并根据结果进行通报、督促整改和处罚

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品牌价值引领

锻造卓越品质

北辰实业扎实推动产品与服务品质升级，夯实品牌内生基础，并不断深化品牌建设，扩大品牌综合影响力，提升社会认同感，切实彰显品牌价值。

北辰实业坚持以卓越标准提供高质量服务，将匠心精神融入工程建造全流程，推动服务与产品品质双提升，在深化品牌内涵的同时，为客户、合作伙伴及社会创造可靠、可持续的长远价值。

治理

北辰实业不断完善产品与服务质量管理体系，围绕服务保障、工程管理、项目运营等关键领域完善标准化制度框架，明确各环节的规范标准与责任机制，确保产品与服务持续符合客户期待。战略

北辰实业主承办业务加速拓展，圆满举办服贸会、科博会等既有项目，成功开拓2025年北京国际健康生活消费博览会、北京国际老龄产业博览会等6个规模均超1万平方米会展项目，年度主承办展会项目累计达22个。

北辰实业坚持“首善标准”，以专业高效的保障能力圆满完成本年度各项重大国务政务活动，生动诠释服务品质与专业实力的卓越高度。

主承办业务创新升级

高质量保障国务政务活动

2025年中国国际服务贸易交易会

北京市政协十四届三次会议

中国－拉美和加勒比国家共同体论坛第四届部长级会议

第二十七届中国北京国际科技产业博览会

第十一届北京国际老龄产业博览会

9月10日至14日，2025年中国国际服务贸易交易会在北京首钢园举办。北辰实业秉持归零心态，从“新”出发，聚焦“国际化、数智化、便利化、特色化”，多维度打造参会新体验，在展览展示、会议论坛、市场化招商等方面均实现新突破。

1月13日至17日，北京市政协十四届三次会议顺利召开。北辰实业高效完成各项服务任务，以全守时、零失误、零差错的场次衔接，获得委员、工作人员的一致认可。

5月13日，中国－拉美和加勒比国家共同体论坛第四届部长级会议隆重举办。北辰实业坚持“北辰标准”，统筹旗下资源保障大会顺利举行。

5月8日，第二十七届中国北京国际科技产业博览会在国家会议中心开幕，北辰实业以专业高效的“北辰服务”为博览会保驾护航，凭借场馆智慧运营优势，升级活动体验，助力本届科博会规模创历史新高。

10月29日，第十一届北京国际老龄产业博览会开幕。北辰实业发挥专业优势，助力本次展会规模较往届实现显著提升。

2025年中国国际服务贸易交易会现场

北京市政协十四届三次会议会前准备

中国—拉美和加勒比国家共同体论坛第四届部长级会议会前准备

第二十七届中国北京国际科技产业博览会现场

第十一届北京国际老龄产业博览会现场

亚洲基础设施投资银行（亚投行）第十届理事会年会

6月24日至26日，亚洲基础设施投资银行（亚投行）第十届理事会年会顺利召开。北辰实业通过全链条碳中和实践与“科技+人文+绿色”的创新融合，将专业服务与人文温度注入每一处细节，展现“北京服务”的卓越品质。

亚洲基础设施投资银行（亚投行）第十届理事会年会会前准备

北辰之情共筑美好新生活

5051

上合组织天津峰会

全球妇女峰会

8月31日至9月1日，上合组织天津峰会成功举办。北辰实业以“迭代升级”的服务标准，统筹旗下企业协同作战，为峰会圆满举办提供了坚实支撑。

10月13日至14日，全球妇女峰会成功举办。北辰实业以“最高标准、最严要求、最细举措、最快行动”为原则，以精心组织、周密部署、周到服务落实“北辰标准”，为峰会提供安全、舒适、专业的会议环境。

上合组织天津峰会会前准备

北辰实业女性职工全力保障全球妇女峰会

北辰实业坚持“从零出发追求臻美”的服务理念，树立“客户第一、服务至上”的意识，持续优化服务品质与体验，系统开展满意度调研与闭环整改，落实标准化服务体系，建立标准化投诉应对机制，严格执行信息保密与隐私保护制度，同时全面完善无障碍硬件设施，努力满足特殊群体需求，为客户提供安全、可信、有温度的高质量服务。

北辰实业围绕“管理提质增效、风险合规防控”核心目标，以制度为根本、科技为支撑、监督为保障，督导持有资产运营、地产开发工程管理，完成年度持有资产改扩建项目计划年中调整，通过工程月报常态化跟踪地产项目进度与质量，推进经营管理单位年中专项与年底检查，落实年度考核，有效防范质量风险，保障各项建设任务高质量达成。

致力客户满意

打造精品工程

深耕品牌建设

北辰实业持续深化品牌战略布局，发布《北辰品牌手册》，构建包含品牌文化内涵体系和品牌标识应用规范在内的品牌标准化体系，展现公司在品牌价值沉淀与形象升级方面的最新成果；启动“十五五”品牌战略规划编制工作，以科学规划引领品牌建设方向，为提升品牌影响力和公司竞争力提供坚实的战略支撑与理论指引。

案例

2025年8月8日，《北辰品牌手册》正式发布。该手册是一本集思想性、指导性、实用性于一体的品牌纲领性手册，分为北辰品牌内涵、北辰品牌标识规范两个部分。北辰品牌内涵包含北辰简介、品牌架构、品牌愿景、品牌定位、品牌使命、品牌价值观六个内容；北辰品牌标识规范部分包含北辰品牌标志的释义、色彩内涵、规范颜色与原则、母子品牌背书方式等内容。《北辰品牌手册》的发布，开启了北辰品牌建设新的里程碑，未来，在品牌文化的引领下，北辰将持续在服务国际交往、筑造理想空间的征程中书写更加璀璨的篇章。

发布《北辰品牌手册》

《北辰品牌手册》

建立工程项目全流程质量管理体系，实行设计审查、施工监理、竣工验收“三关”控制机制实行供应商准入评估与动态考核，建立材料检测与追溯机制建立客户服务热线与快速响应机制，定期开展客户满意度调研

工程质量若未达标准，可能直接危及建筑安全，缩短使用寿命，并引发客户投诉及潜在的安全事故材料质量不达标可能导致工程延期，成本增加，并存在安全隐患客户满意度下降，影响品牌声誉

项目设计或施工质量不达标工程项目材料质量不稳定售后服务响应不及时

风险风险影响应对措施影响、风险和机遇管理

指标与目标

北辰实业将持续夯实服务与工程质量管理，全面提升业务综合运营能力与项目品质，构建高质量、可信赖的服务与产品保障机制。

客户（例如：酒店宾客、写字楼租户、小区业主、展馆宾客等）服务满意度

产品及服务涉嫌安全与健康的诉讼案件

年内收到的客户投诉件数妥善回复和处置的投诉占比保修期内房屋出现质量问题的占比房屋及服务涉嫌安全与健康的诉讼案件

因泄露客户信息而遭到投诉件数

%宗例%%宗例

93.41

1526

98.5

32.5

指标单位2025年指标

北辰之情共筑美好新生活

5253

倾力回馈社会

助力乡村振兴

响应民生需求

践行公益慈善

北辰实业坚持以责任筑根基，以善举暖人心，持续助力乡村振兴，积极响应民生诉求，常态化开展暖心公益，全方位践行企业社会责任，努力与时代发展同频，与民生福祉同行。

北辰实业结合自身功能定位与资源优势，扎实推进乡村振兴帮扶工作，持续深化产业兴村、就业稳岗、消费助农等多维举措，构建起覆盖外埠及本市对口帮扶村的多元长效帮扶体系，以务实举措为乡村振兴注入持久动力。

北辰实业深入贯彻北京市委、市政府及市国资委关于深化接诉即办改革的精神与部署，锚定“快速响应、高效办理、及时反馈、主动治理”核心目标，持续健全完善“接诉即办”组织机制与制度体系，强化主动治理，提升诉求处理质效，2025年共接到、办理市民热线派单121件，全部以“事要解决”为目标要求，做到“件件有着落、事事有回音”。同时，按照加强和改进人民信访工作总要求，北辰实业持续推进信访工作法治化，年内经市国资委网信平台办理网上信访事项14件，总部接待来访人员7人次。

北辰实业持续深耕公益慈善事业，积极组建志愿者团队，开展丰富多样的志愿活动，以实际行动传递企业温度、践行人文关怀，弘扬向上向善的社会正能量。2025年，志愿者活动时长约958小时。定期召开乡村振兴工作小组会和驻村第一书记会议，推进各项工作落实见效。成立乡村振兴工作领导小组和工作小组，由领导小组统一指挥，统筹协调。选派三名有责任有担当的干部赴怀柔区汤河口镇任驻村第一书记，让干部在推进乡村振兴工作的第一线扛责任、强作为。

立足乡村实际需求，构建起集消费、公益、产业、党建于一体的多维帮扶体系，系统赋能当地发展。

强化顶层设计

国家会议中心党委与怀柔区汤河口镇大栅子村党支部联合开展共建活动

消费帮扶：通过“双创”采购，累计完成外埠帮扶采购

642.50万元；帮销对口帮扶的汤河口镇三个集体经济薄

弱村4.85万斤农产品，助力增收36.50万元，有效拓宽农产品销售渠道就业帮扶：招收录用帮扶地区人口34人，为帮扶地区提供稳定就业渠道公益帮扶：捐赠50万元支持和田地区公益治沙项目；捐赠15万元专项用于怀柔帮扶村受汛情影响的灾后重建工作（银河沟村、许营村、大栅子村每村5万元）党建帮扶：通过“党建+”模式，组织下属单位党组织赴帮扶村开展主题党日活动，通过共建交流、义务劳动等形式，强化党建引领作用，实现“党建强、乡村兴、企业旺”的共赢局面

开展多元帮扶

案例

2025年3月20日，五洲皇冠酒店联合五洲·会议中心组织党团员代表走进北辰东路社区，开展“学雷锋、树新风，服务社区、奉献爱心”主题志愿服务活动。志愿者在社区工作人员引导下，集中清理绿地枯枝落叶，并对过密、枯死及凌乱的枝条进行精细修剪。大家分工有序、配合默契，用实际行动改善社区环境。

五洲皇冠酒店与五洲·会议中心团委联合参与社区志愿服务

志愿者们进行社区志愿服务

首都会展开展“团徽闪耀净滩路，雷锋精神永护航”志愿活动

国家会议中心开展雷锋日志愿服务活动

5455

未来展望

2026年是“十五五”规划的开局之年，北辰实业将立足于此关键历史节点，在“一体两翼”战略引领下，持续深耕会展核心主业，并带动会展配套设施服务业和地产业务发展，以“协同发展，改革创新”为驱动力，深化产业融合，致力于构建全链条协同、全方位赋能的产业生态体系，向着“国际一流的会展品牌企业国内领先的复合地产品牌企业”的目标坚定前行。优化治理，夯实发展根基。2026年，北辰实业将以精细化治理为核心，持续巩固国企改革成效，完善“三重一大”决策机制，优化法律、合规、内控与风险管理一体化体系，深化ESG管理与信息披露，严格规范资产交易、招标采购等关键环节，保障公司稳健发展。低碳环保，引领绿色未来。2026年，北辰实业将深入推进“双碳”工作，完善环境管理体系，常态化开展能耗监测与碳核算，重点推进既有建筑节能改造与绿色建材应用，提升清洁能源占比与资源循环水平，探索覆盖项目全周期的绿色运营模式，加快绿色低碳转型进程。践行责任，共筑和谐社会。2026年，北辰实业将持续完善重大活动服务保障，推进产品与服务提质升级，深化人才强企战略，构建协同发展生态，携手合作伙伴推动行业提质升级，积极落实乡村振兴部署，深化社区共建与公益实践，共享发展成果。蓝图已绘就，奋进正当时。未来，北辰实业将以铿锵步履踏破前路荆棘，以同心奋斗创造新的奇迹，开创北辰更加美好的明天！

附录

关键绩效

未来展望 / 附录

资产总额所有者权益营业收入利润总额纳税总额净资产收益率资产负债率党建活动次数董事会召开会议次数独立董事数量女性董事占比可持续发展（社会责任、ESG）培训次数可持续发展（社会责任、ESG）培训人次可持续发展（社会责任、ESG）培训时长年度可持续发展（社会责任、ESG）荣誉数量汇报期内对公司或雇员提出并已审结的贪污诉讼案件数目

涉及关于贿赂、勒索、欺诈及洗钱案件年度雇员接受反腐倡廉相关培训职工人数

环境类绩效氮氧化物

硫氧化物

温室气体排放

温室气体排放总量直接排放量（范围一）间接排放量（范围二）

持有的树木减排量每平方米楼面面积温室气体排放量（范围一及二）

无害废弃物产生总量

厨余垃圾生活垃圾每平方米楼面面积无害废弃物产生总量

无害废弃物合规处理率

有害废弃物产生总量

含水银的废弃灯管

亿元亿元亿元亿元亿元

%%次次人%次人次小时

个宗宗人次环境类绩效

公吨公吨公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公吨二氧化碳当量公斤公斤公斤公斤%公斤公斤

1．2．3．4．5．6．7．8．9．10．11．12．13．14．15．16．17．18．19．20．21．

22．23．24．25．26．27．28．

562.25

155.30

157.51

3.99

14.39

-0.40

72.38

1296

4210环境类绩效

0.667

0.021

61282

60318

0.0759

1014666716776308469037

11.69

3485

2132

488.42

117.67

71.52

-31.52

9.63

-25.06

75.91

1260

8706环境类绩效

0.679

0.021

64566

63600

0.0823

1008332917031778380152

12.86

7115

6432

431.67

91.59

60.60

-29.21

13.65

-36.44

78.78

3199

6084环境类绩效

0.646

0.019

59429

58531

0.1156

680208326393504162733

13.23

1169

编号绩效指标单位2023年2024年2025年

治理类绩效

环境类绩效

5657

编号编号绩效指标绩效指标单位单位2023年2023年2024年2024年2025年2025年

电子废弃物废电池废墨盒清洗冷气系统的废油每平方米楼面面积有害废弃物产生总量

有害废弃物合规处理率涉及非法向环境排放污染物的案件能源消耗量

能源消耗总量

外购电力

天然气

汽油柴油外购热力每平方米楼面面积能源消耗总量

用水总量外购自来水占比每平方米楼面面积用水总量

污水排放量

回收再利用玻璃制品回收再利用塑料制品回收再利用酒店客房废旧毛巾回收再利用酒店客房肥皂回收再利用酒店客房牙刷持有5米及以上的树木涉及对自然环境造成破坏的案件

年度环保投入绿色建筑证书社会类绩效

职工人数按性别划分

男职工女职工按受教育程度划分

研究生及以上本科大专中专其他

按年龄划分

30岁及以下30至50岁50岁及以上按地区划分

中国内地港澳台地区

海外按雇员类别划分

高层人员中层人员一般人员职工变动情况按性别划分

男职工女职工按年龄划分

30岁及以下30至50岁50岁及以上按地区划分

中国内地港澳台地区

海外受训雇员百分比按性别划分

男职工女职工按雇员类别划分

高层人员中层人员一般人员人均受训时长按性别划分

男职工女职工

公斤公斤公斤公斤公斤

%宗兆瓦时兆瓦时兆瓦时兆瓦时兆瓦时兆瓦时兆瓦时立方米%立方米立方米公斤公斤块公斤支棵宗万元个社会类绩效人人人人人人人人

人人人人人人人人人%%%%%%%%%%%%%%小时小时

0.004

128283542024505

69287

0.16

734548

0.91

6757845775487853152701085210715

//社会类绩效

529029802310

17571404

1010

13823236

5285

4741

12.4

13.2

20.5

10.3

6.1

12.8

16.67

99.00

54.60

45.40

0.69

9.10

90.21

33.80

43.56

0.009

135369571044420

73565

0.17

771118

0.98

709428638058430318483

374.6

244010

社会类绩效

511528422273

17741320

11633228

5112

4549

10.4

12.9

25.2

7.9

5.7

11.5

97.89

54.8

45.2

1.48

9.13

89.39

30.00

37.00

0.002

124618527814215

67354

0.24

725008

1.41

68150710188488380106141270259000

1234

社会类绩效

472927012028

16441218

1190

10562997

4728

4162

13.0

18.4

23.7

14.0

11.5

15.8

98.76

54.7

45.3

1.62

9.15

89.23

38.00

40.00

29．30．31．32．33．34．35．36．

37．38．39．40．41．42．43．44．45．46．47．48．49．50．51．52．

53．

54．

55．

56．57．

58．

59．60．61．

62．

社会类绩效

附录

5859

编号编号绩效指标绩效指标单位单位2023年2023年2024年2024年2025年2025年按雇员类别划分

高层人员中层人员一般人员管理团队中女性所占比例（部门主任级及以上）女性与男性职工薪酬比例

管理层一般职工人均带薪休假天数

劳动合同签订率社会保险覆盖率员工体检覆盖率安全生产总投入

安全培训人次安全培训覆盖率因伤损失工作日数

因工死亡事故二十万小时可记录工伤事故率

职业病率研发投入

有效专利总数与公司建立了长期合作的供应商数量

总数中国内地其中经公司环境、社会风险筛选及管控的供应商数量

总数中国内地通过质量、职业健康安全、环境或能源管理等体系认证的供应商数量客户（例如：酒店宾客、写字楼租户、小区业主、展馆宾客等）服务

满意度产品及服务涉嫌安全与健康的诉讼案件年内收到的客户投诉件数妥善回复和处置的投诉占比产品及服务涉嫌侵犯知识产权的案件数目保修期内房屋出现质量问题的占比房屋及服务涉嫌安全与健康的诉讼案件因泄露客户信息而遭到投诉件数

小时小时小时%%%天%%%亿元人次

%天宗%%亿元

项个个个个间宗例%宗%宗例

39.59

45.02

37.32

/3748

0.359

10051005

51.00

47.00

31.00

0.3

5822

957.5

0.361

0.17

55.00

47.00

34.00

0.78

1247123811461137

1526

98.5

32.5

63．

64．65．66．67．68．69．70．71．72．73．74．75．76．77．78．79．80．81．83．84．85．86．87．88．89．

乡村振兴工作投入金额（包含扶贫项目中投入资金及物资折款的资金）

其中：资金总额其中：物资折款总额乡村振兴惠及人数帮困慰问金受助人次帮困慰问金投入总额

公司志愿者人数

志愿者活动时长

90．91．92．93．94．95．96．97．

%82．95.1194.3193.41

万元万元万元

人人次万元

人小时

905.5

75.00

830.45

5.2

806.66

50.00

756.66

6.07

745.17

65.00

680.17

8.5

附录

氮氧化物排放量是本公司京内持有型物业2025年度以柴油和天然气为燃料的设备导致的大气污染物排放总量。此大气污染物排放的计算方法及相关排放系数参考了《排放源统计调查产排污核算方法和系数手册》。

此温室气体排放清单的计算方法及相关排放系数参考了北京市生态环境局发布的《北京市企业 ( 单位 ) 二氧化碳排放核算和报告指南 (2018 版 )》《二氧化碳排放核算和报告要求电力生产业》（DB11/T1781-2020）及世界资源研究所 (WRI) 和世界可持续发展工商理事会 (WBCSD) 发布的《温室气体核算系 : 企业核算与报告标准》。本公司 2025 年度的温室气体计算范围包括使用汽油机动车、柴油机动车等以柴油为燃料的设备 , 及燃气锅炉等以天然气为燃料的设备导致的温室气体直接排放 , 使用外购电力及外购热力导致的温室气体间接排放。计算范围为本公司京内持有型物业年度用量的总和。本报告所披露的各能源消耗量数据根据能源的实际消耗量及国际能源署提供的相关转换因子计算。所排放污水均属于生活污水。

硫氧化物排放量是本公司京内持有型物业2025年度以柴油和天然气为燃料的设备导致的大气污染物排放总量。此大气污染物排放的计算方法及相关排放系数参考了原中华人民共和国环境保护部发布的《关于北京市燃气设施燃用市政管道天然气 ) 二氧化硫排污系数有关问题的复函》以及《排放源统计调查产排污核算方法和系数手册》。

6061

范畴与层面一般披露及关键绩效指标披露位置或备注

层面B1：

雇佣

雇佣与劳工实践

层面B2：

健康与安全

层面B3：

发展与培训

层面B4：

劳工准则

香港联交所《环境、社会及管治报告守则》

B.社会

一般披露：有关薪酬及解雇、招聘及晋升、工作时数、假期、平等机会、多元化、反歧视以及其他待遇及福利的政策及遵守对发行人有重大影响的相关法律及规例的资料。B1.1按性别、雇佣类型（如全职或兼职）、年龄组别及地区划分的雇员总数。B1.2按性别、年龄组别及地区划分的雇员流失比率。一般披露：披露有关提供安全工作环境及保障雇员避免职业性危害的政策及遵守对发行人有重大影响的相关法律及规例的资料。B2.1过去三年（包括汇报年度）每年因工亡故的人数及比率。B2.2因工伤损失工作日数。B2.3描述所采纳的职业健康与安全措施，以及相关执行及监察方法。一般披露：有关提升雇员履行工作职责的知识及技能的政策。描述培训活动。B3.1按性别及雇员类别（如高级管理层、中级管理层等）划分的受训雇员百分比。B3.2按性别及雇员类别划分，每名雇员完成受训的平均时数。一般披露：有关防止童工或强制劳工政策及遵守对发行人有重大影响的相关法律及规例的资料。B4.1描述检讨招聘惯例的措施以避免童工及强制劳工。B4.2描述在发现违规情况时消除有关情况所采取的步骤。

附录

范畴与层面一般披露及关键绩效指标披露位置或备注

指标索引

一般披露：有关废气排放、向水及土地的排污、有害及无害废弃物的产生等的政策及遵守对发行人有重大影响的相关法律及规例的资料。A1.1排放物种类及相关排放数据。A1.2所产生有害废弃物总量（以吨计算）及（如适用）密度（如以每产量单位、每项设施计算）。A1.3所产生无害废弃物总量（以吨计算）及（如适用）密度（如以每产量单位、每项设施计算）。A1.4描述所订立的排放量目标及为达到这些目标所采取的步骤。A1.5描述处理有害及无害废弃物的方法，及描述所订立的减废目标及为达到这些目标所采取的步骤。一般披露：有效使用资源（包括能源，水及其他原材料）的政策。A2.1按类型划分的直接及/或间接能源（如电、气或油）总耗量（以千个千瓦时计算）及密度（如以每产量单位、每项设施计算）。A2.2总耗水量及密度（以每产量单位、每项设施计算）。A2.3描述所订立的能源使用效益目标及为达到这些目标所采取的步骤。A2.4描述求取适用水源上可有任何问题，以及所订立的用水效益目标及为达到这些目标所采取的步骤。A2.5制成品所用包装材料的总量（以吨计算）及（如适用）每生产单位占量。一般披露：减低发行人对环境及天然资源造成重大影响的政策。A3.1描述业务活动对环境及天然资源的重大影响及已采取管理有关影响的行动。

二、北辰之绿，谱写生态新篇章-（三）推行节能减排-

控制污染排放

二、北辰之绿，谱写生态新篇章-（一）完善环境管理

三、北辰之情，共筑美好新生活-（一）

构建和谐企业-凝聚职工合力

三、北辰之情，共筑美好新生活-（一）

构建和谐企业-守护健康安全

三、北辰之情，共筑美好新生活-（一）

构建和谐企业-守护健康安全

三、北辰之情，共筑美好新生活-（一）

构建和谐企业-凝聚职工合力

三、北辰之情，共筑美好新生活-（一）

构建和谐企业-凝聚职工合力

三、北辰之情，共筑美好新生活-（一）

构建和谐企业-凝聚职工合力

三、北辰之情，共筑美好新生活-（一）

构建和谐企业-凝聚职工合力

附录-关键绩效表

附录-关键绩效表附录-关键绩效表

附录-关键绩效表

二、北辰之绿，谱写生态新篇章-（三）推行节能减排-

控制污染排放

二、北辰之绿，谱写生态新篇章-（三）推行节能减排-

控制污染排放

二、北辰之绿，谱写生态新篇章-（三）推行节能减排-

节约能源资源

二、北辰之绿，谱写生态新篇章-（三）推行节能减排-

节约能源资源

二、北辰之绿，谱写生态新篇章-（三）推行节能减排-

节约能源资源由于本公司业务性质，此项指标对本公司而言不适用

二、北辰之绿，谱写生态新篇章

附录-关键绩效表附录-关键绩效表

附录-关键绩效表附录-关键绩效表附录-关键绩效表层面A1：

排放物

层面A2：

资源使用

层面A3：

环境及天然资源

香港联交所《环境、社会及管治报告守则》

A环境

6263

范畴与层面范畴与层面一般披露及关键绩效指标一般披露及关键绩效指标披露位置或备注披露位置或备注

层面B7：

反贪污

气候相关披露

层面B8：

社区投资

社区

管治

策略

风险管理

香港联交所《环境、社会及管治报告守则》香港联交所《环境、社会及管治报告守则》

B.社会B.社会

B5.1按地区划分的供应商数目。B5.2描述有关聘用供应商的惯例，向其执行有关惯例的供应商数目和有关惯例的执行及监察方法。B5.3描述有关识别供应链每个环节的环境及社会风险的惯例，以及相关执行及监察方法。B5.4描述在拣选供应商时促使多用环境产品服务的惯例，以及相关执行及监察方法。一般披露：有关所提供产品和服务的健康与安全、广告、标签及私隐事宜以及补救方法的政策及遵守对发行人有重大影响的相关法律及规例的资料。B6.1 已售或已运送产品总数中因安全健康理由而须回收的百分比。B6.2接获关于产品及服务的投诉数目以及应对方法。

B6.5描述消费者资料保障及私隐政策，以及相关执行及监察方法。一般披露：有关防止贿赂、勒索、欺诈及洗黑钱的政策及遵守对发行人有重大影响的相关法律及规例的资料。B7.1于汇报期内对发行人或其雇员提出并已审结的贪污诉讼案件的数目及诉讼结果。B7.2描述防范措施及举报程序，以及相关执行及监察方法。

B6.3描述与维护及保障知识产权有关的惯例。B6.4描述质量检定过程及产品回收程序。

B7.3描述向董事及员工提供的反贪污培训。

附录

一般披露：有关以社区参与来了解营运所在社区需要和确保其业务活动会考虑社区利益的政策。B8.1专注贡献范畴（如教育、环境事宜、劳工需求、健康、文化、体育）。B8.2在专注范畴所动用资源（如金钱或时间）。

气候相关风险和机遇

策略和决策财务状况，财务表现及现金流量

管治

业务模式和价值链

气候韧性风险管理

三、北辰之情，共筑美好新生活-（三）品牌价

值引领-锻造卓越品质

二、北辰之绿，谱写生态新篇章-（二）应对气

候变化-治理

三、北辰之情，共筑美好新生活-（三）品牌价

值引领-锻造卓越品质附录-关键绩效表

二、北辰之绿，谱写生态新篇章-（二）应对气

候变化-战略

二、北辰之绿，谱写生态新篇章-（二）应对气

候变化-影响、风险和机遇管理

二、北辰之绿，谱写生态新篇章-（二）应对气

候变化-战略

二、北辰之绿，谱写生态新篇章-（二）应对气

候变化-战略

二、北辰之绿，谱写生态新篇章-（二）应对气

候变化-影响、风险和机遇管理

二、北辰之绿，谱写生态新篇章-（二）应对气

候变化-影响、风险和机遇管理

一、北辰之治，引领合规新航程-（三）恪守合

规经营-落实合规管理

三、北辰之情，共筑美好新生活-（二）携手伙

伴共赢-加强供应链管理

三、北辰之情，共筑美好新生活-（三）品牌价

值引领-锻造卓越品质

由于本公司业务性质，此项指标对本公司而言不适用

二、北辰之绿，谱写生态新篇章-（二）应对气

候变化-影响、风险和机遇管理

三、北辰之情，共筑美好新生活-（三）品牌价

值引领-锻造卓越品质

一、北辰之治，引领合规新航程-（三）恪守合

规经营-严守商业道德

一、北辰之治，引领合规新航程-（三）恪守合

规经营-严守商业道德

三、北辰之情，共筑美好新生活-（四）倾力回

馈社会

三、北辰之情，共筑美好新生活-（四）倾力回

馈社会

三、北辰之情，共筑美好新生活-（四）倾力回

馈社会附录-关键绩效表

一、北辰之治，引领合规新航程-（三）恪守合

规经营-严守商业道德

一、北辰之治，引领合规新航程-（一）强化党

建引领-加强党的建设

附录-关键绩效表

层面B6：

产品责任

营运惯例

层面B5：

供应链管理

一般披露：管理供应链的环境及社会风险政策。

三、北辰之情，共筑美好新生活-(二)携手伙伴

共赢-加强供应链管理

三、北辰之情，共筑美好新生活-（二）携手伙

伴共赢-加强供应链管理

三、北辰之情，共筑美好新生活-（二）携手伙

伴共赢-加强供应链管理

三、北辰之情，共筑美好新生活-（二）携手伙

伴共赢-加强供应链管理

附录-关键绩效表

意见反馈尊敬的读者：

您好！非常感谢您阅读北京北辰实业股份有限公司《2025年可持续发展暨ESG报告》。如果您对本报告有任何意见和建议，请您填写下面的意见反馈表，通过信件、电子邮件或传真等方式发给本公司。对于您的宝贵意见，本公司致以深深的谢意！

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7.本公司联系方式：

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□高 □较高 □一般 □较低 □低

□好 □较好 □一般 □差 □不了解

由于气候变化相关财务影响涉及较多长期假设，公司正评估适配自身业务模式的情景分析方法，目前尚未建立成熟的量化模型与情景分析框架，若现阶段进行量化披露，可能存在结果偏差，易对投资者决策造成潜在误导。基于此，公司已计划启动气候风险和机遇财务影响评估。本公司价值链上下游供应商及客户数量众多、结构复杂，相关数据基础较为薄弱，为确保信息披露的准确性与可靠性，现阶段暂无法对所有范围3温室气体排放类别进行合理且准确的量化核算。未来，公司将根据战略需要逐步搭建完善范围3温室气体排放数据收集、核算体系，推进相关量化工作落地。公司为应对气候相关风险与机遇所产生的支出已纳入维修费与年度环保投入，由于相关项目较多，且公司尚未设置气候相关风险与机遇资本开支的专项分类，故暂无法从维修费与年度环保投入中精确提取仅用于气候相关风险与机遇的支出数据。为此，公司已计划新增气候相关风险与机遇资本开支统计维度。公司主营业务不属于高排放、高碳密集型行业，碳成本对经营决策、产品定价及投资回报的影响不构成重大影响。基于对公司气候风险的实质性评估，现阶段气候管理资源优先配置于范围1与范围2温室气体减排及能源效率提升，内部碳定价暂未纳入短期管理议程。公司计划持续跟踪行业实践与监管趋势，评估内部碳定价的适用性与实施时机，若未来业务结构变化或监管要求提升，将适时启动内部碳定价机制设计与试点。公司目前正处于气候治理的基础建设阶段，尚未建立科学、可量化的气候绩效指标，暂不具备将气候绩效与薪酬挂钩的基础，将结合公司战略情况探索制定可量化、可考核的气候目标。

范畴与层面一般披露及关键绩效指标披露位置或备注

香港联交所《环境、社会及管治报告守则》

B.社会温室气体排放

资本运作

内部碳定价

薪酬

行业指标

跨行业指标以及行业指标适用性

指标及目标

气候相关转型风险气候相关物理风险气候相关机遇

气候相关目标

二、北辰之绿，谱写生态新篇章-（二）应对气候变化-指标与

目标

附录-关键绩效表

二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、

风险和机遇管理

二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、

风险和机遇管理

二、北辰之绿，谱写生态新篇章-（二）应对气候变化-影响、

风险和机遇管理

二、北辰之绿，谱写生态新篇章-（二）应对气候变化-指标与

目标

附录-关键绩效表

二、北辰之绿，谱写生态新篇章-（二）应对气候变化-指标与

目标

附录-关键绩效表

二、北辰之绿，谱写生态新篇章-（二）应对气候变化-指标与

目标

CONTENTS

About the ReportMessage from ManagementCompany ProleSustainable DevelopmentManagement

Feature 1:

Integrating Digital and SmartTechnologies to UnleashNew Momentum for IndustryDevelopment

Feature 2:

Empowering the Asian-OlympicCBD to Create a Vibrant NewTrendsetting Landmark

Beijing North Star’sGovernance: Charting a NewCourse in Compliance

Green North Star: Pioneeringa New Chapter in EcologicalSustainability

North Star’s Commitment:

Co-Creating a BrighterFuture

Future ProspectsAppendix

Strengthening the Guidance of Party BuildingPerfecting Corporate GovernanceCommitment to Compliant OperationsDriving Technological Innovation

Rening Environmental ManagementAddressing Climate ChangePromoting Energy Conservation and EmissionReductionCommitting to Green Operations

Building a Harmonious WorkplaceAchieving Mutual Success with Our PartnersLeading with Brand ValueDedicated to Giving Back to Society

0203

About the Report

Report Period

Report Acquisition and Feedback

InterpretationScope of Organization Covered

Basis of Reporting

Unless otherwise mentioned, the Report mainly describes the specic policies and performance of the Company in terms ofenvironmental, social and governance from January 1, 2025, to December 31, 2025. For continuity and comparability, someinformation in the Report is extended as needed.

The Report can be accessed and downloaded on the website of the Company, the website of Shanghai Stock Exchange and the

HKEXnews website of Hong Kong Exchanges and Clearing Limited. If you have any questions, comments, or feedback on the

Report, please email us at northstar@beijingns.com.cn.

The scope of organization covered by the Report is based on the principle of materiality. Unless otherwise mentioned,the material content of the Report covers Beijing North Star Company Limited and its branches and subsidiaries. The keyenvironmental performance indicators cover only the properties held by Beijing North Star Company Limited in Beijing, whilethe key social performance indicators cover the Company and its branches and subsidiaries.

The Report is prepared according to the No. 1 Self-Regulatory Guidelines for Listed Companies of Shanghai Stock Exchange -Standardized Operation (Rev. May 2025) published by the Shanghai Stock Exchange, the Environmental, Social and GovernanceReporting Guide under Appendix C2 of the Main Board Listing Rules of the Stock Exchange of Hong Kong Limited published bythe Stock Exchange of Hong Kong Limited and the Guidelines on Sustainability Reporting for Chinese Enterprises (CASS-ESG 6.0).The Report follows the reporting principles of Environmental, Social and Governance Reporting Guide related to “Materiality”,“Quantication”, “Balance” and “Consistency”. Please refer to the following table to learn about how the Company hasapplied the reporting principles when preparing the Report.

Beijing North Star Company Limited is delighted to publish its 18th Sustainability/ESG Report. The Board of Directors and all thedirectors of the Company warrant that there are no false records, misleading statements or major omissions in the Report, andthey shall be individually and severally liable for the authenticity, accuracy and completeness of the contents.The purpose of the Report is to present the environmental, social and governance issues related to the sustainabledevelopment of the Company to all stakeholders, so that, they can better understand the Company’s sustainable developmentphilosophy, actions, and related performance.The Report is prepared in both simplified Chinese and English. In case of any discrepancy between the two versions, thesimplied Chinese version shall prevail.

During the preparation of the Report, the Company has conducted, with the help of a professional consultingagency, a materiality assessment, to identify the issues material to Beijing North Star and its key stakeholders,and then collected and disclosed the related information of the material issues accordingly in the Report.Moreover, the Company’s Board of Directors has already been notied of the materiality assessment results andapproved the Report.The Company has already provided information on the standards, methodologies, assumptions and calculationtools used for the reporting of emissions/energy consumption in the “Key Performance”.Key performance indicators for historical data have been measured in the Report. The Company has set targetsto reduce individual impact, including actual gures or directional, forward-looking statements.The statistical methods for data analysis adopted by the Company are consistent with those of last year.The content contained herein reects objective facts and discloses both positive and negative indicators.

Beijing North Star Company LimitedBeijing Capital Group Exhibitions Events Co., Ltd.

Beijing North Star Real Estate Group Co., Ltd.Beijing North Star Commercial Management Co., Ltd.China National Convention Center of Beijing North Star Company LimitedBeijing International Convention Center of Beijing North Star Company LimitedBeijing Continental Grand Hotel of Beijing North Star Company LimitedV-Continent Beijing Parkview Wuzhou Hotel of Beijing North Star Company LimitedInterContinental Beijing Beichen Hotel of Beijing North Star Company LimitedPublic Facilities Management Branch Company of Beijing North Star Company Limited

China International Fair for Trade in Services

Environmental, Social and Governance

Carbon peaking and carbon neutrality goals

2025 Sustainability/ESG Report

From January 1, 2025 to December 31, 2025The properties of around 1.2 million m2 held by the Company in Beijing

Beijing Municipal Committee of the Communist Party of China

The People's Government of Beijing MunicipalityBeijing Municipal Human Resources and Social Security Bureau

The State-owned Assets Supervision and Administration Commission of the People’s

Government of Beijing Municipality

Municipal Human Resources and Social Security

Bureau

Beijing North StarBeijing Capital Group Exhibitions Events

Beijing North Star Real EstateBeijing North Star Commercial Management

China National Convention CenterBeijing International Convention Center

Beijing Continental Grand HotelV-Continent Beijing Parkview Wuzhou Hotel

InterContinental Beijing Beichen HotelPublic Facilities Management Branch Company

CIFTIS

ESGDual-carbon goals

This/the ReportThe "reporting period"/this year

Properties held in BeijingBeijing Municipal SASACBeijing Municipal Party Committee

Beijing Municipal Government

MaterialityQuantication

Balance

Consistency

Reporting

principles

Full form

Implementation by the Company

Shortened form

About the Report

0405

About the Company

Core Philosophy

Beijing North Star’s core business operations encompass exhibition events along with supporting facility services, and real estate development.These two primary businesses are highly interdependent, mutually empowering one another to achieve synergistic growth.The exhibition events and supporting facility services are driven by Beijing Capital Group Exhibitions Events and Beijing North Star CommercialManagement. Beijing Capital Group Exhibitions Events vigorously integrates industry resources, continuously expanding into new businesssegments and technologies within the sector. By actively advancing a full-industry-chain footprint, it has established itself as the professionaloperator of the China International Fair for Trade in Services, a premier service provider for high-level state and government events, and a criticalcatalyst for the development of Beijing’s international exhibition industry. Bearing the mission to align with Beijing’s strategic urban positioningand cultivate the core competitiveness of the capital’s exhibition sector, Beijing Capital Group Exhibitions Events supports the development ofBeijing’s “Four Centers” and its emergence as an International Consumption Center City. Ultimately, it strives to become a domestic trailblazerand an internationally leading anchor enterprise within the convention and exhibition value chain. Beijing North Star Commercial Managementcoordinates exhibition supporting facility services, applying an industry-centric approach to optimize asset operations. It provides professionalasset operation and property management services across the Company’s diverse portfolio, which includes oce buildings, apartments, andcomprehensive commercial complexes. Actively contributing to developing Beijing into an international center for science and technologyinnovation and a global benchmark city for the digital economy, it is forging an asset operation and management model and propertymanagement standardization system unique to Beijing North Star. In doing so, it sets a new benchmark for asset management within the Asian-Olympic CBD in Beijing.Driven by Beijing North Star Real Estate, our real estate development business has achieved a nationwide development layout with multipleregions and levels. The business involves diversified and multi-level property development and operation in residential, apartment, villa,oce building, commercial and other areas. As of the end of the Reporting Period, the Company’s development projects and land reservesare distributed in 15 core cities, including the Beijing-Tianjin-Hebei region, the Yangtze River Economic Belt, the Sichuan-Chongqing urbanagglomeration, the Hainan Free Trade Port, and the Guangdong-Hong Kong-Macao Greater Bay Area.

Top 10 ESG Reports among Beijing municipal state-owned listedcompanies in the ESG Blue Book of Beijing Municipal State-owned

Enterprises (2025)Top 10 ESG Cases among Beijing municipal state-owned listedcompanies in the ESG Blue Book of Beijing Municipal State-owned

Enterprises (2025)2025 China’s Leading Brand in Comprehensive Development of Real

Estate (Diversied Real Estate Operation)2025 Leading Enterprise in High-Quality Development“Golden Dawn” Award for Market Value Management“ESG Pioneer” recognized at the 2025 CLS.CN “ZHIYUAN Award”

Presentation Ceremony

September 2025Beijing Municipal SASACSeptember 2025October 2025December 2025December 2025

China Real Estate Top 10 Research Group

CLS.CNWeekly on Stocks

Caijing.com.cn

Honors and awardsDateGiven by

Honors and Awards

Beijing North Star

Vision

To become a world-class exhibition event service provider, anda leading domestic compound real estate operator and branded

company

Commitment

Reward shareholders, dedicate ourselves to communities, and

place great emphasis on employees

Mission

Oer service for international communication, and build an ideal

space

Core values

Loyalty, responsibility, co-creation and mutual benets

Message from Management / Company Prole

Message from Management

Company ProleWith the passage of time, we accumulate strength; as we forge ahead, we write chapters of glory. The year 2025 is a pivotal one, marking the

conclusion of the 14th Five-Year Plan and the strategic planning phase for the 15th Five-Year Plan. Guided consistently by Xi Jinping Thought onSocialism with Chinese Characteristics for a New Era, Beijing North Star earnestly implements the Party’s decisions and directives. Committed tofostering cohesion through synergy, driving development through innovation, and demonstrating accountability through concrete actions, weare making steady strides in empowering industrial upgrading, advancing ecological conservation, and contributing to social development.Over the past year, we have deepened our focus on our core operations to comprehensively enhance operational quality and eciency. BeijingNorth Star has continued to consolidate its competitive edge in its core convention and exhibition business, strategically expanding across theentire industry chain. Leveraging our profound expertise and extensive resources in the convention and exhibition sector, we have elevated thebrand value of our supporting facilities and services while actively exploring the transformation of our real estate business. By enabling our twoprimary businesses to develop synergistically and empower one another, we have cultivated a more resilient business ecosystem, achievingsimultaneous improvements in operational quality and comprehensive performance.Over the past year, we have refined our corporate governance to safeguard the steady development of the Company. Beijing North Star

remains committed to driving steady progress through highly efficient governance. With Party building steering our strategic direction, wehave continuously improved our modern corporate governance systems and operational mechanisms. We have deeply embedded regulatorycompliance into the entire lifecycle of our decision-making and operations, steadily advanced our digital transformation, and consistentlyelevated our ESG governance standards, providing a robust foundation for the Company’s long-term, sustainable growth.Over the past year, we have advanced our green agenda, focusing on building a low-carbon future. Beijing North Star rmly adheres to thephilosophy of green and low-carbon development, systematically optimizing our environmental governance system. To address emergingchallenges, we have deeply integrated climate change considerations into our core strategy. Furthermore, we have intensied eorts in energy-saving technological upgrades and energy structure optimization, comprehensively implementing green operations to foster a sustainableindustrial ecosystem. Through these pragmatic actions, we are injecting robust momentum into the building of a “Beautiful China.”

Over the past year, we have readily embraced our responsibilities, proactively creating social value. Beijing North Star has consistently embeddedsocial responsibility deep within its corporate development. We are dedicated to building a community of shared progress between the Companyand our employees, while actively partnering with stakeholders to forge an open, mutually beneficial collaborative network. We remaincommitted to rewarding our customers’ trust with high-quality services and products. In addition, we actively engage in rural revitalization andpublic welfare initiatives, demonstrating corporate compassion and contributing social value through concrete actions.

Driven by our aspirations, no distance is too far; though the road ahead is long, we stride forward with condence. The year 2026 is a critical

year for initiating the solid implementation of the 15th Five-Year Plan. It is also a pivotal year for anchoring our new strategic objectives andconsolidating the foundation for high-quality development. Centered on our vision of becoming a “world-class exhibition event service providerand a leading domestic compound real estate operator and branded company,” Beijing North Star will build developmental consensus throughstrategic synergy, stimulate internal drive through reform and innovation, and advance business expansion through pragmatic measures, unitingour eorts to embark on a new journey of excellence.

0607

Honors and awards

Date

Given to

Given by

Exhibition Event Service Subsidiaries

Commercial Management Subsidiaries

Sustainable DevelopmentManagementManagement Structure

Topic Management

Beijing North Star attached great importance to ESG management. The Board of Directors exercises overarching leadershipover relevant ESG work, taking responsibility for overseeing progress, rening the institutional governance framework, andreviewing ESG strategic planning and material issues across the environmental, social, and governance domains. The Boardalso guides and evaluates ESG performance and information disclosure. Furthermore, executive management is deeplyengaged in ESG decision-making and implementation. The Board Oce takes the lead in coordinating these eorts, whilevarious functional departments and subsidiary companies act as the primary executing bodies. They are tasked with cascadingand fullling ESG targets, identifying and managing relevant risks and opportunities, and participating in internal and externalcommunication as well as capacity building. Together, they systematically drive the deep integration of ESG principles intodaily operations, ensuring the eective execution of the Company’s ESG strategy.

Beijing North Star strictly complies with regulatory requirements regarding the identication and disclosure of dual materialityissues. By integrating global sustainability trends, our corporate strategic direction, and the expectations of our stakeholders,we systematically conduct the identication, assessment, and validation of material ESG issues.

The Board of Directors is responsible for guiding the overall operation and business development strategy of theCompany, and conducting overall supervision on all ESG matters:

(1) To be responsible for reviewing the Company’s ESG policies and strategies

(2) To participate in ESG decision-making

(3) To approve ESG reports, confirm the assessment results of material issues, review the progress of ESG related

goals and ESG risk management, and explain the connection between the ESG matters and the overall business of theCompany.The Secretary of the Board of Directors is responsible for reviewing the ESG report and reporting to the BoardThe Board Oce collects data and information from functional departments and subsidiaries of the Company, gainsinsights into the progress of ESG related tasks, and prepares this reports

Sustainable Development Management

The division of duties for ESG disclosures in Beijing North Star:

The process of determining material issues:

We review our currentinternal and externaloperating environmentsalongside broadersustainability trends toidentify the core demandsand expectations of ourkey stakeholders

Integrating our current businesscontext with industry-specicdynamics, we evaluate thesignicance of these issuesacross two dimensions: impactmateriality and nancialmateriality. This assessment isachieved through comprehensiveinternal and external stakeholderengagement, rigorous analysis,and peer evaluations.

Through standardbenchmarking, policyanalysis, and peercomparisons, weidentify and shortlistsustainability issuesthat are highly relevantto our corporateoperations

We construct a DualMateriality AssessmentMatrix. The nalizedmaterial issues are thenreviewed and approvedby management, andintegrated into our publicESG disclosures

Context analysisIssue screeningMateriality analysisReview and disclosure

Outstanding Practice Case for Exhibitions

EventsSmart Venue Innovation AwardESG Management System CerticationOutstanding Partner Venue of HYROX

ICCA Honorary RecognitionChina’s Most Competitive ProfessionalConvention and Exhibition Venue 2024

Smart Venue Innovation Award2025 MICE Star—The Most Inuential Convention

CenterMember Institution2025 Forbes Travel Guide Recommended Hotel

Green Tourism Gold Award2025 Michelin Key Hotel &Michelin Guide SelectionMost Beautiful Wedding Venue2025 Outstanding Council Member2025 MICE Star—The Most Inuential

Convention Center

Second Prize of the 2024 “OutstandingIlluminating Engineering” Award for the AsianGames Village East Gate Renovation and Lighting

UpgradeGolden Coordinate Award of Inuential Enterprisein Digital and Intelligent Operations2025 Innovative Commercial Asset Management

EnterpriseGolden Tripod Award—2025 InuentialCommercial Benchmark Project2025 Cultural and Artistic Commercial Landmark2025 Urban Exquisite Lifestyle Landmark

Outstanding Enterprise of the Beijing “Safe

Sound Cup” Competition

China Association for Exhibition Centers (CAEC)CEIDIC 2025 China Exhibition Industry Digital and

Innovation CongressBeijing Zhong Jian Xie Certication Centre Co., Ltd.

HYROX Global Organizing Committee

ICCAChina Convention and Exhibition SocietyChina Exhibition Industry Digital and Innovation

CongressCMIC 2025Institute of Web 3.0 Application Scenarios

Forbes Travel GuideNational Tourist Hotel Star Rating Committee

The Michelin GuideHotelWedding, cnhotelnews.com, EliteStyle

China Tourist Hotel Association

CMIC 2025

Illuminating Engineering Society of BeijingThe 20th Commercial Real Estate Festival of China

Wanshang Annual Pan-Commercial Innovation

ConferenceCommercial Real Estate Working Committee of China

General Chamber of Commerce, et al.Beijing GoGo (a leading lifestyle media brand)Beijing Trendy Life (a leading lifestyle media brand)

Beijing Municipal Federation of Trade Unions, BeijingMunicipal Emergency Management Bureau, and

Beijing Municipal Health Commission

November

2025February

2025April 2025

October

2025November

2025February

2025November

2025March 2025

February

2025September

2025October

2025November

2025December

2025November

2025

March 2025

May 2025

November

2025

November

2025

November

2025

November

2025

May 2025

Beijing Capital Group

Exhibitions Events

China NationalConvention Center

Beijing International

Convention CenterContinental Grand Hoteland Beijing International

Convention CenterInterContinental Beijing

Beichen Hotel

V-Continent BeijingParkview Wuzhou Hotel

Changsha North StarInternational Convention

Center

Beijing NorthStar Commercial

Management

POLPAS Projectof Beijing NorthStar Commercial

Management

0809

Building of an ESG Management System

Communication with Stakeholders

Beijing North Star is actively advancing thedevelopment of its ESG management system. Wehave optimized our ESG governance frameworkand clearly defined roles and responsibilities.By actively benchmarking against domestic andinternational standards alongside industry bestpractices, we have established a scientific andquantiable ESG indicator system. Furthermore,we have formulated internal ESG managementpolicies to standardize workflows , andconducted specialized ESG training to elevatecompany wide awareness, and vigorouslypromoted ESG management system certication.We are deeply committed to integrating ESGprinciples across the entire lifecycle of ourstrategy and operations, driving the evolution ofESG from a foundational management practiceinto a catalyst for long-term value creation,thereby empowering the Company’s sustainablegrowth.

Beijing North Star consistently focuses on the core concerns of its stakeholders, continuously strengthening the developmentof regular and diversied communication mechanisms to build consensus throughout our sustainable development journey.Relying on a standardized information disclosure framework, we actively respond to stakeholder demands and cultivatea communication ecosystem characterized by mutual trust and efficient collaboration. By continuously enhancing oursustainable development capabilities, we are dedicated to the co-creation and sharing of value across all parties.

A specialized ESG training launched by China NationalConvention Center

China National ConventionCenter recognized as China’srst ESG-certied venue forexhibitions events

Customer service hotlineCustomer satisfaction surveySocial media promotion

Customer symposiumEmployee interviews

Workers’ congress

Employee care activities

Complaint mailboxTelephone interviewField visitSupplier conferenceStrategic cooperationPress conferenceMedia interviewAnnual report and ESG reportAnnual and mid-term performance release

conferencePress releases and publications

Media inquiryCommunity involvementCharitable and public benet donations

Rural revitalizationSocial media promotionExecuting environmental campaignsAdvocating for environmental awarenessImplementing “Dual Carbon” initiatives

Attending meetings

Regular reportingAccepting supervisionForum and exchange activitiesGeneral meeting of shareholdersInvestors column on the Company’s website

Investor relations hotlineAnnual report and ESG report

Investor researchSSE e-Interactive Platform (SEE INFO)

Investor reception day

Strategy meeting

Complying with laws and regulations

Promoting employmentOperating with integrity and compliance

Supporting regional development

Creating market valueMitigating operational risks

Compliant Information

Disclosure

Product quality and safetyProviding quality servicesProtecting customer privacy

Complying with industry standards

Boosting industry innovationPromoting industry development

Protecting employee rights and interests

Prioritizing occupational healthFostering employee growth and development

Transparent ProcurementMutual benet and win-win

Joint development

Participating in community development

Supporting public welfareProtecting ecological environment

Putting resources to rational useEnvironment

Communities and non-governmental organizations

Research institutesTrade organizations

Media and social

organizations

Suppliers

EmployeesCustomers

Investors and shareholders

Government and regulatory

agencies

Type of stakeholders

Expectations and demands

Communication channels

Beijing North Star use the following criteria to identify individuals and organizations who qualify as its key stakeholders:

Have invested inor will invest in theCompany

Have inuence on thebusiness operation ofBeijing North Star

Have interests in or are aected by theproducts and services provided by BeijingNorth Star

9. Energy utilization

10. Utilization of water

resources

11. Circular Economy

12. Ecosystem

and BiodiversityProtection

13. Pollutant

Emissions

14. Waste Treatment

15. Board Diversity

16. Responsible Supply

Chain

25. Treating Small and Medium Enterprises Equally

26. Due diligence

27. Scientic and technological ethics

7. Anti-bribery and anti-corruption

8. Environmental compliance management

1. Product and service safety and quality

2. Green buildings

3.Innovation

4.Climate change

5. Work safety

6. Employees

Importance to the Company Finance

2025 Beijing North Star Dual Materiality Matrix

Topics with bothnancial and impactmaterialityTopics with nancialmateriality but notimpact materialityTopics with impactmateriality but notnancial materialityTopics with neithernancial nor impactmateriality

Signicance of Impact on Economy, Society, and

Environment

Sustainable Development Management

17. Promoting the

Development of theIndustry

18. Green Operations

19. Social Contribution

20. Rural Revitalization

21. Data security and

Customer PrivacyProtection

22. Anti-unfair

Competition

23. Stakeholder

Communication

24. Protection of Minority

Shareholders' Interests

1011

Feature 1:

IntegratingDigital and SmartTechnologies toUnleash NewMomentumfor IndustryDevelopment

Beijing North Star is firmly seizing thestrategic opportunities presented bythe digital economy to drive the digitaltransformation and smart upgrading ofour core businesses. We are proactivelyfacilitating the integration of upstreamand downstream resources andfostering joint capacity-building withinthe convention and exhibition eventservice industry. In doing so, we areleading the sector’s evolution towarda highly data-driven and smartlycollaborative future. Concurrently, byaggressively attracting specializedtalent while elevating the digitalliteracy of our entire workforce, we arecomprehensively constructing a newdigital ecosystem designed to serveas a robust foundation for continuedindustry development.

Building Smart Venues

Forging Digital Partnerships

Beijing North Star is comprehensively deepening the digital transformation ofour convention and exhibition operations. We are placing great importance totwo core venues under our entrusted management: the Capital InternationalExhibition Convention Center and the China National Convention CenterPhase II (CNCC II). By systematically developing comprehensive digital servicescenarios and intelligent operational systems, we are elevating our venues’refined operational management, resource utilization efficiency, and overallresponsiveness.

Beijing North Star is committed to cultivating an open and collaborative digital ecosystem. The Company actively builds a multi-stakeholderplatform that connects diverse resources across government bodies, enterprises, universities, and research institutions. By fosteringcomplementary strengths and joint capacity building, we collaborate with our partners to pioneer cutting-edge explorations and innovativepractices that drive the digital transformation of the convention and exhibition event service industry.

With a core focus on applying new digital technologies for “Smart Exhibitions,” a comprehensive suite of smart applications has beendeveloped, including user experience, venue operations management, associated business integration, venue security management,digital infrastructure, and facility equipment management. Key innovations include a metaverse-based venue tour system, a virtual seatingarrangement system, and an intelligent venue operation and maintenance system. Powered by a deeply integrated IT framework, theseinitiatives continuously enhance operational eciency and premium service capabilities, setting a benchmark for digital transformation inthe convention and exhibition event service industry.

On September 23, 2025, Beijing NorthStar, in collaboration with multiplestakeholders, spearheaded theestablishment of the AI Conventionand Exhibition Ecosystem Alliance.Bringing together diverse entities—including government departments,over 50 leading enterprises, andresearch institutions—the Alliance hasbuilt an industrial ecosystem clusterthat covers the entire value chain of“government, industry, academia,research, and application.” Thismilestone marks a new phase of“intelligent ecosystem synergy” forChina’s convention and exhibitionevent service industry. Through theseconcrete actions, Beijing North Star isdriving the smart and digital upgradeof the industry, striving to providea “Beijing Model” for the globaltransformation of the convention andexhibition industry.

Capital International Exhibition Convention Center

CNCC II

Smart Exhibition Networks with Shared Ecosystem Prosperity: The AI Convention and ExhibitionEcosystem Alliance

Online venue display

The virtual seating arrangement systemThe metaverse-based venue tour system

Layout of the Intelligent Operations CenterInaugural meeting of the AI Convention and Exhibition Ecosystem Alliance

Feature

We are striving to build an industry-leading, internationally renownedsmart convention and exhibition complex. To this end, we have establisheda holistic architecture defined by “One Hub, One Foundation, MultipleSystems, and Universal Terminals.” Underpinning this is the deploymentof a digital platform for smart venues, featuring 20 bespoke applicationsthat span business operations, facility maintenance, and intelligentservices. Together, these systems enable 35 distinct smart applicationscenarios. This robust digital infrastructure has comprehensively elevatedthe venue’s intelligent management capabilities and its prole within theindustry. Since commencing operations, the system has run smoothly withexceptional results, ensuring the seamless execution of major events suchas the Machine Tool Exhibition, the Beer Festival, and the HICOOL GlobalEntrepreneur Summit. Furthermore, the project has actively pursuedvarious industry benchmarks and certications. It has been honored withmultiple accolades, including the “2025 Five-Star Case for the Applicationof Smart Park Standards” by the National Technical Committee for DigitalTechnique of Intelligent Building and Residence Community, a 2025 BeijingSOE application scenario demonstration project, a smart convention andexhibition venue award at the 2025 China Convention and ExhibitionProfessionals Conference, and designation as a global benchmark forHuawei Smart Parks.

1213

On October 17, 2025, Beijing North Star pooled resources with Beijing University of Posts and Telecommunications, ChinaTelecom Beijing, and other partners to establish the Convention and Exhibition Consumption Data Laboratory, leveragingthe Beijing Digital Intelligence Innovation Center. The laboratory comprehensively integrates public data, industry-specicdata, and consumption data from the Asian-Olympic CBD. By empowering both the upstream and downstream of theindustry value chain through digital technologies, it builds an integrated ecosystem platform encompassing “technology,scenarios, data, models, standards, and capital.” Furthermore, it explores the deep integration of “culture, commerce,tourism, sports, and exhibitions,” driving the industry’s transition from traditional models toward a more intelligent andprecision-oriented future.

Smart Exhibitions and Ecosystem Integration: The Convention and Exhibition Consumption Data Laboratory

Cultivating Digital TalentBeijing North Star has established a practice-oriented technology talent development system that encompasses all employeesand spans the entire business value chain. The Company advances the recruitment of specialized professionals in tandemwith improving the digital literacy of its entire workforce. By conducting systematic training focused on key areas such as datagovernance and information security, Beijing North Star enhances the digital awareness and practical capabilities of all sta.

Looking ahead, Beijing North Star will firmly leverage the Company’s “15th Five-Year” digital transformation plan as thecore engine to drive core business upgrades and value growth. We will deepen the application of smart venue scenarios andvalue creation, cultivate an open and collaborative digital ecosystem, and comprehensively strengthen the recruitment anddevelopment of digital talent. These eorts will consolidate and elevate the Company’s leading position and competitive edgein the new era of digital intelligence.

Conducted

dedicated studysessions on technological innovationfor the Party Committee Center Group

Organized a total of

dedicateddigital training sessions through theDigital and Information ManagementDepartment

Organized and completed over

digital research initiatives

In 2025, Beijing North Star:

Building the Asian-OlympicAlliance to Forge SynergisticDevelopment

As the initiator and leading entity of two major platforms—the “BeijingAsian-Olympic CBD New Consumption Innovation Alliance” and the“Beijing Asian-Olympic CBD Development Promotion Association”—Beijing North Star continuously strengthens the organizationalstructure and deepens collaborative eorts. By actively expanding itsmembership base and enhancing the diversity and professionalismof the regional service ecosystem, we provide solid support forelevating the overall capacity and impact of the Asian-Olympic CBD.

Beijing North Star initiated the establishment of the BeijingAsian-Olympic CBD New Consumption Innovation Alliance,bringing together 25 member entities, including BeijingState-Owned Assets Management Co., Ltd., Beijing TourismGroup, Bank of Beijing, and the China Conservatory of Music.Throughout the year, the Alliance convened four councilmeetings to systematically establish its organizational charterand operational mechanisms. These efforts have deepenedstrategic synergy among members, promoted cross-formatcollaboration and resource sharing, and driven innovation inintegrated consumption scenarios, ultimately boosting thevitality and growth of the Asian-Olympic CBD.

Beijing North Star also spearheaded the establishment of theBeijing Asian-Olympic CBD Development Promotion Association,uniting 32 core members that span government departments,cultural venues, and leading enterprises. This initiative has builta cross-industry, full-value-chain collaborative resource network.By deeply integrating “culture, commerce, tourism, sports, andexhibitions,” the Association activates new drivers of regionalconsumption, propelling the area’s evolution into a dynamic,diverse, and internationally recognized landmark for consumertrends.

Beijing Asian-Olympic CBD New ConsumptionInnovation Alliance

Beijing Asian-Olympic CBD Development PromotionAssociation

The Fourth Meeting of the First Council of Beijing Asian-Olympic CBD NewConsumption Innovation Alliance

Feature

Feature 2:

Empowering theAsian-Olympic CBDto Create a VibrantNew TrendsettingLandmark

Beijing North Star is deeply integratingthe premium resources of the Asian-Olympic CBD. Leveraging synergisticmarketing and brand events as twoprimary drivers, we continuouslypromote business format innovationand elevate the consumer experience.By accelerating the deep integrationand coordinated developmentof “culture, commerce, tourism,sports, and exhibitions,” we are fullycommitted to transforming the Asian-Olympic CBD into a trendsettinglandmark for Beijing’s consumermarket and a new platform showcasingthe capital’s international appeal.

1415

On March 11, 2025, Beijing North Star signed a strategic cooperation agreement with China Telecom Beijing andeSurng Cloud at the CNCC. Simultaneously, China Telecom Beijing ocially joined the Beijing Asian-Olympic CBD NewConsumption Innovation Alliance. By championing innovation within the service ecosystem, the three parties will deploy“5G + AI” technologies across various applications, including live broadcasts of international exhibitions, sporting events,and lifestyle experiences. This partnership empowers innovation across nine major consumer scenarios, establishing thearea as a trailblazing “5G + AI” all-scenario demonstration park and driving the qualitative upgrade of consumption inthe Asian-Olympic CBD.

Healthy and Eco-Friendly Walk Asian-Olympic CBD’s Vibrant May:

From May 1 to May 4, Beijing North Star organized a volunteer teamto ensure the successful execution of the Healthy and Eco-FriendlyWalk: Asian-Olympic CBD’s Vibrant May event. Integrating health,environmental protection, and recreation, the event embedded eco-friendly concepts into leisure activities. It attracted a large numberof residents and tourists, championing a new trend of green living.

On June 27, 2025, Beijing North Star entered into a strategic cooperation agreement with Beijing Radio & Television Station(BRTV) at the CNCC. Concurrently, BRTV ocially became a member of the Beijing Asian-Olympic CBD New ConsumptionInnovation Alliance. The two parties will deeply integrate their respective resources in the convention and exhibitioneconomy, media broadcasting, and urban operations to jointly unlock the consumer potential of the Asian-Olympic CBD.

Enterprise-to-Enterprise Synergy: Accelerating Digital Upgrades

Dynamic Asian-Olympic CBD with Spectacular Events

Media-Enterprise Collaboration: Forging a New Consumption Ecosystem

Signing ceremony for China Telecom Beijing joining the Beijing Asian-Olympic CBD New Consumption Innovation Alliance

Beijing North Star enters into a strategic cooperation agreement with BRTV at the CNCC

2025 Salon des Indépendants China Exhibition

CMG Music and CNCC Elegance New Year Concert

The “Healthy and Eco-Friendly Walk: Asian-Olympic CBD’sVibrant May” event

Invigorating the Asian-Olympic CBD and Cultivating aProsperous EcosystemLeveraging its inherent strengths and platform resources, Beijing North Star creates and upgrades new consumption scenariosthat integrate diverse business formats. Through innovative content and signature events, we effectively drive regionalconsumption growth, injecting sustained momentum into the Asian-Olympic CBD.

Looking ahead, Beijing North Star will continue to deepen the development of alliance mechanisms, explore innovativecooperation models and implementation pathways, and strengthen resource integration and synergistic efficiency. Byleveraging the Asian-Olympic CBD as a strategic focal point, we will continuously enhance our comprehensive regional servicecapabilities and international standards, actively supporting Beijing in building an international exchange platform with broadglobal inuence.

Beijing Chaoyang Gourmet Sightseeing Bus—Central Axis Route:

On July 27, the Beijing Chaoyang Gourmet Sightseeing Bus—Central Axis Route, jointly launched by Beijing North Star and theChaoyang Culture and Tourism Group, commenced its inauguralrun. As Beijing’s rst double-decker bus developed by state-ownedenterprises to feature a “mobile sightseeing restaurant + culturalcommentary” model, it seamlessly connects cultural and tourismlandmarks along the Central Axis by integrating transportation,dining, and sightseeing. This initiative vividly showcases both thehistoric charm and modern vitality of the capital.2025 French Salon des Indépendants China Exhibition: FromSeptember 13 to 15, the “CNCC Elegance” International Culturaland Art Exchange Exhibition—2025 Salon des Indépendants ChinaExhibition was successfully held. Themed “Sino-French Cultural‘Hyper-Connection’,” the event fostered profound artistic dialogueand integration between the two nations. This exhibition servesas a vivid manifestation of the Asian-Olympic Alliance’s resourceintegration and its eectiveness as an international platform.CMG Music and CNCC Elegance New Year Concert: From December29 to 31, the CMG Music and CNCC Elegance New Year Concert wassuccessfully hosted. This event injected a touch of high culture intoBeijing’s deeply integrated matrix of “culture, commerce, tourism,sports, and exhibitions,” further elevating the artistic and culturalambiance of the Asian-Olympic CBD.

Feature

1617

Beijing North Star’s Governance:

Charting a New Course in Compliance

Beijing North Star’sGovernance: Charting a NewCourse in ComplianceBeijing North Star consistently integrates Party leadership with corporate governance and compliant operations.We have constructed a Three-in-One management and control system where Party building charts the course,governance lays the foundation, and compliance safeguards development. We continuously optimize agovernance mechanism characterized by clear rights and responsibilities, highly ecient operations, integrity,and compliance, thereby supporting our high-quality development through high-standard governance.

Strengthening the Guidance ofParty Building

Commitment to CompliantOperationsPerfecting CorporateGovernance

Driving TechnologicalInnovation

18222025

SDGs address in this Part:

1819

Beijing North Star’s Governance:

Charting a New Course in ComplianceStrengthening the Guidance of PartyBuilding

Strengthening Party building

Deepening theoretical study

Strengthening the organizational system

Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, Beijing North Star closely alignswith the general requirements for Party building in the new era. We systematically integrate Party building into corporategovernance and business development. Specically, we steadfastly advance full and rigorous Party self-governance,solidly promote in-depth learning and education on implementing the spirit of the central Eight-Point Regulation, andcontinuously strengthen primary-level Party organizations and the ranks of Party members. Through these eorts, weeectively translate the advantages of Party building into a powerful driving force for corporate development.

Beijing North Star strictlyimplements the “Top Agenda”system and deepens the “TwoPolicies of Consistency.” Wecontinuously drive the deepintegration of Party leadershipand corporate governance.Guided by a strict tone, BeijingNorth Star advances full andrigorous Party self-governanceand focuses on deeplyintegrating Party buildingwith business operations. Thiseectively translates the Party’spolitical and organizationaladvantages into tangibleoutcomes that drive businessdevelopment, strategicexecution, and reform andinnovation.

Beijing North Star places a strong emphasis ontheoretical study. The Company actively organizedpresentations on the guiding principles of theFourth Plenary Session of the 20th CPC CentralCommittee. It also promoted in-depth learning andeducation on implementing the spirit of the centralEight-Point Regulation, and carried out specialeducational programs to study and implementGeneral Secretary Xi Jinping’s important discourseson the reform and development of state-ownedenterprises and Party building. These effortsare geared toward guiding all Party members,cadres, and employees to strengthen the “FourConsciousnesses,” solidify the “Four-SphereConfidence,” and ensure the “Two Upholds,”thereby continuously fortifying the Company’sideological and political foundation.

Beijing North Star continuously refines its Standardized Work Manual for Party Building (Version 2.0). This manual clarifiesthe workows and standards for activities such as the “Three Meetings and One Lecture” system, organizational life, term-transition elections, and Party member recruitment. The Company adheres to an integrated approach of “basic procedures +operational manual + negative list” to advance the standardization and normalization of Party organizations. Beijing NorthStar strictly enforces the political criteria for Party member recruitment, intensifying eorts to recruit members from key prioritygroups such as high-level talent and frontline workers. Furthermore, the Company actively organizes training programs forParty branch secretaries and “Young Marxist Project” classes. These initiatives continuously enhance the political literacyand operational capabilities of key Party and Youth League members, thereby strengthening the political and organizationalfunctions of the Party organizations.

Beijing North Star holds the 2025 Warning Education Conference

Beijing North Star hosts the “CNCC Elegance: Red Hearts to the Party” Concertcelebrating the 104th anniversary of the founding of the Communist Party of China

Beijing North Star hosts the 2025 Training Program for Party BranchSecretaries

Beijing North Star conducts the 2025 Intensive Rotational Training forParty Members

Establish a leadershipsystem characterizedby “two-way entry andcross-appointment.”Normalize theincorporation of Partybuilding requirementsinto the Company’sArticles of AssociationDynamically optimizethe list of majordecision-makingmatters requiringpreliminary review anddiscussion by the Partyorganization

Thoroughly conduct centralized rectication of misconduct andcorruption occurring at the grassroots levelImprove the assessment system for full and rigorousParty self-governance (Party building). By establishing aframework of “fundamentals + key priorities + highlights”and implementing dierentiated “one enterprise, onechecklist” assessments, we integrate these results into annualperformance appraisals, thereby strengthening their guidingrole.Carry out activities such as the “Education Month” for Partyconduct and clean governance, along with warning educationconferences featuring “drawing lessons from cases andpromoting reform through cases.” All these initiatives embedintegrity concepts into daily management and core businessprocesses

Fully leverage the roleof primary-level Partyorganizations as “ghtingbastions” and Partymembers as “vanguardexemplars” during majortasks and daily operations.Through initiatives likeyouth talent development,value chain synergy, andjoint Party building, wefoster business innovationand drive the mutualempowerment andintegrated developmentof both Party building andbusiness operations

Integration intoCorporate Governance

Full and Rigorous Party Self-Governance

Integration of PartyBuilding and Business

In 2025, Beijing North Star and its branches and subsidiaries:

Conducted

presentations on the guidingprinciples of the Fourth Plenary Session of the20th CPC Central Committee

Held a total of

study sessions on the spirit of the centralEight-Point Regulation and

special Party lectures

2021

Beijing North Star’s Governance:

Charting a New Course in Compliance

Perfecting Corporate Governance

Standardizing the governance structure

Optimizing governance mechanisms

Implementing state-owned enterprise reform

Beijing North Star strictly complies with relevant laws and regulations, including the Company Law of the People’sRepublic of China, and fully implements regulatory requirements such as the Code of Corporate Governance for ListedCompanies. The Company has established and continuously renes a modern governance system characterized by clearrights and responsibilities, highly ecient operations, and eective checks and balances. By continuously deepeningstate-owned enterprise reform, Beijing North Star eectively promotes its highly ecient and stable operations.

Beijing North Star continuously improves its corporate governance structure. The Board of Directors has established fivespecialized committees: Audit, Strategy, Compensation and Evaluation, Nomination, and Legal and Compliance. Eachcommittee operates systematically within its dened scope of duties and authority, providing robust support for the Board’sinformed decision-making and precise strategic planning. The Board of Directors of Beijing North Star currently consists of 8members, comprising 5 internal directors and 3 independent directors.

Beijing North Star systematically optimizes its corporate governance framework. The Company eectively drives a signicantleap in its overall governance capabilities by clarifying the allocation of rights and responsibilities, improving decision-makingand authorization mechanisms, building a precision-oriented performance evaluation system, elevating digital managementstandards, enhancing the competencies of personnel in key positions, and safeguarding shareholder rights and interests.

Beijing North Star resolutely implements all decisions and deployments related to deepening State-Owned Enterprise reform.Anchored by the goal of high-quality development, the Company focuses on optimizing its development paradigm andstimulating endogenous growth momentum. By continuously tackling key challenges in deepening reform, Beijing North Starensures that all reform tasks yield solid results, thereby achieving long-term, sustainable development.

Clarifying the Boundaries of Rights and Responsibilities: Revisingthe Company’s decision-making system for “Three Majors and OneLarge” system and the Rules of Procedure for the Board of Directors;optimizing the responsibilities of the Board of Directors and itsspecialized committees; detailing the powers of the Chairman;standardizing the management of the Board Secretary; and clearlydelineating the rights and responsibilities of all governance entities

Standardizing Board Operations: Diligently preparing formeetings of the Board of Directors and its specialized committees;strengthening communication with independent directors;standardizing the procedures for convening, reviewing, anddecision-making at meetings; and intensifying the tracking andsupervision of how those decisions are executedReinforcing Digital Governance: Focusing on systematizingmanagement, translating systems into actionable checklists,and digitizing those checklists; establishing and meticulouslymaintaining the “Three Majors and One Large” decision-making and supervision system, alongside the Board of Directors’operational systemElevating Duty-Performance Capabilities: Organizing specializedtraining programs tailored for dispatched directorsSafeguarding Shareholder Rights: Streamlining communicationchannels for shareholders to rmly protect their rights to informationand participation.

Standardizing the Authorization System: Adjusting the annualauthorization scheme and list from the Board of Directors to theGeneral Manager based on actual operational needs; and fullyimplementing the General Manager reporting mechanismRening the Assessment Mechanism: Formulating a dierentiatedperformance assessment plan by the Board of Directors for theexecutive management team, strengthening the alignment betweenindividual performance and corporate goals; conducting quarterlyreviews of the decision-making procedures and execution status ofsubsidiaries, actively supervising the rectication of identied issues

Optimizing business layout

Enhancing Vitality and Eciency

The Company has systematically reviewed the latest strategic positioning and core requirements of each business segment toiteratively upgrade its management architecture. With a strong emphasis on reinforcing the core status of the convention andexhibition event service as its primary operation, Beijing North Star is building a modern industrial system characterized by aprominent core business and the synergistic development of multiple segments.

The convention and exhibition event service has achieved asynergistic upgrade across its entire value chain. The Companyhas deepened its upstream hosting and organizing capabilities:

Building upon the successful execution of existing projects, ithas successfully secured new projects such as the Beijing HalfMarathon Expo and the IASP World Conference. Furthermore,Beijing North Star has expanded the scale of its midstreamoperations and management, and innovated its downstreamprofessional services layout, effectively completing the closed-loop value chain of the convention and exhibition business.The convention and exhibition supporting facilities service hasmaintained steady development, with continuous improvementsin management quality and efficiency. The Company hassmoothly completed the seamless takeover of projects suchas the North Star Shopping Center and POLPAS, and efficientlyassumed management of the Chenyun Building and the OlympicTower. By optimizing policies and innovating mechanisms,Beijing North Star has stimulated operational vitality, achievingbrand upgrades and successful IP creation. Closely alignedwith the goal of fostering a data industry cluster, the Companyhas expanded the industrial park’s influence and perfected itsecosystem through targeted events and hardware upgrades.

The real estate business has further strengthened regionalintegration, constructing a new “One Core, Two Wings” strategicframework. This framework is guided by the philosophy of “HolisticService” and driven by the core engine of “Dual Upgrades” (urbanrenewal and premium products). By deeply embedding its growthinto the fabric of urban evolution, the Company is achieving astrategic value transformation—evolving from a traditional “spacebuilder” into a “comprehensive lifestyle service provider” andan “urban operation partner.”

The Company successfully hosted events such as the “ZhongMan Cup” Fencing Open and the Beijing International YanjingBeer Culture Festival. In deepening the North-South cross-regional cooperation between the Beijing Asian-Olympic CBDand Changsha Binjiang CBD, Beijing North Star focused ondelivering tangible results in resource sharing, data connectivity,and collaborative innovation. These initiatives have driventhe comprehensive development of diverse business formatsspanning culture, commerce, tourism, sports, and exhibitions,ultimately building a more resilient industrial ecosystem.

Beijing North Star has comprehensively deepened the “Three Systems” reform and the market-oriented operatingmechanisms. We established reform objectives centered on dynamic personnel management, flexible staffing, andperformance-based compensation, alongside accelerating the digital transformation of our human resources. Westrengthened the precise alignment between performance evaluations and compensation incentives, and ensured the fullimplementation of competitive selection and performance-based adjustment mechanisms for underperforming managers.Furthermore, we actively explored medium- to long-term incentive models and strengthened the development of our youngmanagerial talent pool, comprehensively boosting our internal organizational vitality.

Convention and exhibition events and supporting facilityservices

Real Estate

Exhibition+

IASP World Conference

Outstanding Performance in the Mass Delivery of the Red Oak VillaProject

The New Life Innovation Alliance of the Changsha NorthStar Binjiang CBD was ocially established, stimulating newconsumption growth driven by the integration of culture,commerce, tourism, sports, and exhibitionsThe Retrotted Changsha North Star International Hotel

2223

Beijing North Star’s Governance:

Charting a New Course in Compliance

Commitment to Compliant Operations

Implementing compliance management

Preventing and mitigating compliance risks

Beijing North Star integrates compliance requirements throughout the entire operational management process. Wesystematically advance an integrated “Four-in-One” collaborative mechanism encompassing legal aairs, compliance,internal controls, and risk management. By rening corporate policies, strengthening execution, maintaining continuousoversight, and fostering a culture of compliance, we ensure that all business activities strictly adhere to compliancestandards.

Beijing North Star continuously optimizes its compliance management system and comprehensively strengthens its corporatelegal framework. We have systematically enhanced intellectual property protection and the quality of our informationdisclosure, propelling our compliance management into a new era featuring systematization, standardization, andinstitutionalization.

Guided by the objectives of “systematic management, eective control, and seamless synergy,” Beijing North Star has deeplyembedded compliance risk mitigation into its operations. We have achieved comprehensive oversight spanning horizontallyacross all business units and vertically through all organizational levels, continuously elevating our risk management andcontrol capabilities.

Strengthening the Compliance Framework

Enhancing information disclosure

Advancing Legal Governance

Protecting intellectual property

Beijing North Star strictly adheres to institutional requirements, including the Compliance Management Measures and theCode of Compliance Conduct. Through systematic planning, targeted initiatives, regular audits, and closed-loop remediation,we have deepened our compliance reviews and optimized internal controls. This ensures that our compliance managementmechanisms operate effectively and undergo continuous iterative improvement. Concurrently, we conducted specializedcompliance training and educational campaigns, requiring all employees to sign the Compliance Commitment Letter, therebyfostering a strong culture of proactive compliance.

Strictly adhering to the regulatory requirements of both the Shanghai and Hong Kong stock exchanges, we have standardizedand promptly executed the preparation and publication of our periodic reports. Furthermore, we ensured the timelyrelease of ad hoc announcements regarding major corporate events, including changes in directors, supervisors, andsenior management; nancial assistance and nancing guarantees; stake increases by controlling shareholders; valuationenhancement initiatives; and market capitalization management. Through these eorts, we maintained rigorous informationdisclosure standards. As of the end of 2025, we published a total of 262 announcements, comprising 102 for A-shares and 160for H-shares.

We are continuously deepening the “Rule of Law in Beijing North Star” initiative. To this end, we formulated the “15th Five-Year” Preliminary Concepts and Development Recommendations for Legal Governance and the Measures for the Managementof Corporate Legal Governance. We rened our enterprise-specic performance evaluation mechanisms and drove the digitaltransformation of our legal operations to be more standardized, systematic, institutionalized, and intelligent, ultimatelyenhancing overall legal ecacy. Simultaneously, we strengthened the general counsel system and the development of ourprofessional legal talent pool. By organizing specialized training and themed activities—such as Civil Code Awareness Monthand legal culture work competitions—we successfully heightened legal awareness across our entire workforce.

Beijing North Star has refined its intellectual property (IP) management framework and intensified its IP protection effortsto continuously elevate the value and inuence of the “North Star” brand. In 2025, we led 3 new trademark registrationapplications and 1 trademark opposition, and we actively defended against a non-use cancellation action regarding the NorthStar Class 39 trademark. Notably, our core “North Star” trademark was ocially recognized as a “Beijing Famous TrademarkBrand,” covering Class 36 and Class 41 services. This designation closely aligns with our strategic footprint in real estate andcommercial property development and operations, as well as our continued business expansion within the exhibition, cultural,and entertainment event sectors.

In 2025, Beijing North Star:

Established a compliance riskreporting and response mechanismchampioned by the principalexecutive, directed by the ChiefCompliance Ocer, and supportedby seamless collaborationacross relevant departments andsubsidiariesRegularly convened meetings ofthe Risk Management SteeringCommittee to analyze and evaluatecapital regulatory policies, thebroader market environment, theCompany’s liquidity and nancingstatus, and other signicantcorporate risk factorsEmbedded compliancerequirements directly into internalcontrol workows and integratedcompliance management measuresinto the internal control matrix

Continuously tracked keyrisk dynamics, includingmacroeconomic policy shiftsand new industry regulations,ensuring the timely issuanceof risk alerts and responseguidelinesRegularly identied material risksand updated the Compliance RiskList.Assessed compliance risk levelsacross various operationaldomains and simultaneouslyevaluated the eectivenessof existing control measures.Based on these assessments,we updated the Internal ControlManual and formulated targetedmanagement improvement plans

Reviewed annual adjustmentsto departmental and positionalresponsibilities and updated theKey Position Responsibilities List inalignment with our risk identicationndingsFormulated a new “Three-YearComprehensive Coverage (2025-2027)” internal control supervisionand evaluation plan for aliatedsubsidiaries according to theCompany’s overarching strategy andcore missionsAssessed the implementation ofcompliance risk monitoring andmitigation for new business venturesand newly established entities throughdesk reviews and on-site walkthroughtestsIntensied risk management andcontrol over critical subsidiariesand material events, and enhancedthe monitoring of key indicators tomaintain a robust and stable overallcapital structure

Optimizing Institutional FrameworkRisk Monitoring and Identication

Strengthening Accountability and

Appraisals

Maintained a dedicated team of

full-timelegal professionals throughout the Company, achieving aprofessional qualication rate of

82.35

Completed a total of

credit hours of the “Legal Shield”professional development program for legal sta throughout theCompany, with total attendance exceeding

participants

2425

Beijing North Star’s Governance:

Charting a New Course in Compliance

Upholding strong business ethicsBeijing North Star maintains a steadfast zero-tolerance policy toward any breaches of business ethics. By integrating robustinstitutional safeguards with proactive cultural guidance, we ensure that all business activities operate steadily within astandardized, transparent, and sound framework.Governance

Key digital transformation projects

Strategy

Indicators and targets

Impacts, risks, and opportunities management

Beijing North Star strictly adheres to statutory requirements, including the Company Law of the People’s Republic of Chinaand the Anti-unfair Competition Law of the People’s Republic of China. We have established and rened a comprehensiveinstitutional framework featuring our Compliance Management Measures and Code of Compliance Conduct. Additionally, weenforce the execution of our anti-commercial bribery, anti-corruption, and anti-unfair competition initiatives through stringentperformance evaluations.

Beijing North Star has successfully completed the constructionof several key projects, including the Centralized ProcurementPlatform, Phase I of the “Chen E-Jia” platform, the FinancialSystem Upgrade, and the Integration of Capital, Business, andFinance. Our cloud-based digital infrastructure, on-premisesdigital infrastructure, and foundational data architectureshave been progressively optimized. Furthermore, the CapitalInternational Exhibition Convention Center and the CNCCII—both managed under our entrustment—have been putinto operation as benchmark “Smart Venues,” achievingsignicant phased success.

Beijing North Star maintains a steadfast zero-tolerance policy against all forms of commercial bribery. We conduct prudent duediligence and assessments for all external donations and sponsorships. Furthermore, we have established and maintain highlyaccessible whistleblowing and complaint channels, actively encouraging and protecting employees, business partners, andother stakeholders who report misconduct, thereby mitigating potential risks. We proactively organize educational and trainingprograms focused on anti-commercial bribery, anti-corruption, and anti-unfair competition to elevate integrity awarenessand professional ethics across our entire workforce, ultimately fostering a culture of integrity and a fully transparent businessenvironment.

Beijing North Star will continue to optimize its anti-commercial bribery and anti-corruption governance framework. We arestrengthening our oversight and review mechanisms in key areas and critical processes, and proactively conducting corporateintegrity education, striving to dynamically eliminate integrity risks.

Number of employees received anti-corruption and integrity

training in the yearNumber of cases involving bribery, extortion, fraud, and

money launderingNumber of corruption lawsuits led and concluded against the

Company or its employees during the reporting period

6084 Person-time0 Case0 Case

Launch targeted governance campaigns within theengineering and construction sectors; deepen theremediation of prominent issues in bidding andtendering processes; standardize travel expensereimbursement management; institutionalize regularcorporate integrity education; and build a robust,impenetrable risk prevention and control framework

As regulatory policies continue to tighten, the integrityand compliance risks facing the Company are becomingincreasingly complex. Any compliance failures in processessuch as change order negotiations, contract execution,bidding and tendering, or travel expense reimbursementscould result in diminished operational eciency orregulatory penalties.Corruption andFraud

RisksRisk ImpactMeasures

Indicators in 2025

Driving Technological Innovation

Governance

Strategy

Beijing North Star is systematically building an innovation-driven development framework. By refining top-levelgovernance mechanisms and strengthening strategic synergy, we are comprehensively advancing both digitaltransformation and industrial innovation, leveraging technology to empower business upgrades and drive valuegrowth.

Beijing North Star continues to refine its cybersecurity and IT leadership framework. We promulgated the “1+5” datamanagement policy system and advanced key digital infrastructure initiatives, specifically the “Four Platforms, TwoFoundational Bases, and Two Benchmarks.” Furthermore, we organized digital benchmarking assessments, conductingcomprehensive diagnostics and optimization planning for over 30 management and business systems. These eorts lay a solidfoundation for benchmarking against industry leaders and elevating our digital capabilities throughout the 15th Five-Year Planperiod.

Reached Level 3 (Stable) for Data owner inthe national Data Management CapabilityMaturity Assessment Model (DCMM)

Ocial launch of Beijing North Star’s digital marketing platform,Chen E-Jia

In 2025, Beijing North Star:

Reached Level 3 (Scenario Level / 3-Star) inthe national Digital Transformation Maturity

Model (DLMM).

Achievements

2627

Beijing North Star’s Governance:

Charting a New Course in Compliance

CaseIn 2025, Beijing North Star prioritized the development of a comprehensive Treasury Management System and theupgrade of its financial information system platforms. Leveraging digital tools as key enablers, we continuouslyadvanced data standardization across various reporting dimensions and enhanced the integration between nancialand non-financial systems. Consequently, the efficiency of cross-level, cross-departmental, and cross-system dataexchange and consolidation has improved dramatically. Simultaneously, we focused on boosting the computingeciency of our nancial systems, broadening both the depth and breadth of our data processing and analytics. Bydeeply exploring diverse business scenarios for nancial applications, we have successfully unlocked the full value ofour data and elevated our overall nancial management capabilities.

Enhancing nancial management eciency through digital transformation

Industrial digitalization

Digital industrialization

Beijing North Star is actively driving the digital transformation of its core businesses. We have successfully optimized thefunctionalities and expanded the intelligent services of the CIFTIS digital platform. Concurrently, our North Star MembershipSystem is accelerating the development of a cross-sector loyalty points ecosystem, enabling deep customer lifecyclemanagement and value generation. Furthermore, the Convention and Exhibition Consumption Data Laboratory is proactivelyadvancing the application of industry data and the exploration of new business models. Through these data-driven andintelligent enablement initiatives, we are steadily advancing our industrial transformation.

Anchored to our digital industrialization strategy, Beijing North Star systematically conducted comprehensive feasibilitystudies encompassing policy research, technology roadmapping, regional market analysis, architectural design, and nancialmodeling. As a result, we established Beijing North Star Metropolis Exhibition Digital Intelligence Technology Co., Ltd., astrategic move designed to drive the commercialization of our data assets and scale the development of our new digitalbusiness ventures.

Impact, risk, and opportunity management

Indicators and targets

Conduct comprehensive research into industryleaders and strategic partners to evaluateemerging trends and dene clear technologicaldirections.Adopt an agile, pilot-rst approach to validatenew technologies, scaling them across theorganization only upon proven maturityAllocate dedicated resources to ensureseamless system iterations and minimizeoperational disruptions during thetransformation processFocus on core business scenarios to develophighly dierentiated digital products andservicesClosely track shifts in market demand anddynamically optimize operations and servicedelivery to maximize customer satisfaction andretention

Digital technologies evolve rapidly. Failure to keeppace with cutting-edge applications could resultin legacy systems failing to meet current businessrequirements, thereby constraining operationaleciencyUncertainties in technology roadmaps mayincrease transformation costs and delay deliverytime, ultimately hindering overall transformationprogressDriven by the rapid expansion of the digitaleconomy, digital competition within the exhibitionservice and commercial property managementsectors has intensied signicantly. Consequently,the Company’s digital industrialization venturesface the risk of market squeeze from both traditionalindustry peers and cross-sector disruptors

TechnologicalChallenge

MarketCompetition

RisksRisk ImpactMeasures

Guided by our digital transformation roadmap for the 15thFive-Year Plan, Beijing North Star will comprehensively executethe “Spring Seedling” Action Plan. We are fully drivingInformation Technology Application Innovation (ITAI) upgradesfor our headquarters’ management systems, alongside themodernization of non-ITAI systems, endpoint devices, anddigital infrastructure across our subsidiaries. These concertedeorts will further accelerate our overall digital transformationjourney.

Total number of

valid patentsR&D investment

0.78

CNY 100 millionNos.

Indicators in 2025

2726

2829

Green North Star:

Pioneering a New Chapter in Ecological Sustainability

Green North Star:

Pioneering a New Chapter inEcological Sustainability

Rening EnvironmentalManagement

Promoting Energy Conservationand Emission ReductionAddressing Climate ChangeCommitting to Green Operations

30343137

SDGs address in this Part:

Beijing North Star deeply integrates the principles of ecological sustainability into its business operationsand broader development strategies. We are continuously rening our environmental governance frameworkto establish a robust foundation for environmental stewardship. Anchored by the national “Dual Carbon”goals, we proactively address climate challenges by maximizing energy-efficiency potential and amplifyingemission-reduction outcomes across our operations. Furthermore, we actively collaborate with our supply chainpartners to cultivate a green ecosystem, comprehensively forging a new paradigm of green, low-carbon, andenvironmentally friendly corporate development.

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Green North Star:

Pioneering a New Chapter in Ecological Sustainability

Carbon Peaking and Carbon Neutrality Steering Committee

Rening Environmental ManagementAddressing Climate Change

Governance

Strategy

Indicators and targets

Impact, risk, and opportunity management

Beijing North Star is committed to refining its environmental governance policy framework and steadily advancingthe implementation of key environmental protection initiatives. We effectively mitigate environmental risks andcontinuously strengthen the environmental capabilities and professional competencies of all employees. Bycomprehensively elevating our environmental management ecacy, we provide a solid foundation for the Company’sgreen and low-carbon transition.

Actively responding to the strategy for achieving the two goals of carbon peaking and carbon neutrality, Beijing NorthStar has systematically built and continuously optimized its climate change governance framework. We scienticallyevaluate climate-related risks and transformation opportunities, formulating and implementing targeted measures tointegrate our low-carbon transition into our long-term development strategy.

Taking the Environmental Protection Law of the People’s Republic of China and other relevant laws and regulations as ourfundamental compliance baseline, Beijing North Star has revised and optimized the Energy Conservation Management Rulesand the Environmental Management Rules in accordance with the latest regulatory requirements. These eorts strengthenthe standardization and compliance of our environmental management, further solidifying the institutional and systematicfoundation of our environmental governance.

Beijing North Star has established the Carbon Peaking and Carbon Neutrality Steering Committee to oversee the organization,coordination, advancement, and execution of specific “Dual Carbon” initiatives. The executive office for this committee ishoused within the Safety, Engineering, and Environmental Protection Department. Working in seamless synergy with oursubsidiaries, the committee systematically drives our climate change response, the execution of carbon reduction pathways,and our broader low-carbon transition.

Beijing North Star continuously optimizes its environmental riskprevention and mitigation mechanisms. We have institutionalized regularenvironmental hazard identification and remediation, continuouslyenhanced our emergency response capabilities for environmentalincidents, and comprehensively mitigated various environmental risks.Concurrently, we actively organize specialized environmental protectiontraining to elevate the professional capabilities of personnel in relevantpositions. Coupled with ongoing educational campaigns, we are deeplyembedding environmental awareness across our entire workforce.

Beijing North Star will continue to deepen the developmentof its environmental management system and strengthen itsrisk control mechanisms. We will further enhance specializedtraining on energy conservation and environmental protectionwhile actively promoting green concepts. We strive todynamically eliminate environmental risks and rmly safeguardour environmental defense line.

Environmental awareness posters displayed at BeijingNorth Star Real Estate, Beijing Continental Grand Hoteland Beijing International Convention Center

Green Power Purchase Certicateof Beijing North Star

Deploy online dust monitoring systems for the real-timetracking of particulate matter concentrationsFormulate and strictly enforce construction schedulemanagement protocols.Implement an end-to-end management systemencompassing source-segregated collection, complianttransportation, and designated disposal, ensuring strictadherence to environmental regulations at every stageAppoint dedicated EIA compliance specialists tosystematically monitor the latest developments inenvironmental laws, regulatory policies, and localstandards, ensuring that projects remain continuouslyaligned with current mandates

Excessive discharge of wastewater, exhaust gases,fugitive dust, or noise may trigger multiple risks, includingadministrative penalties, suspension of constructionpermits, reputational damage, and intense public scrutinyFailure to adhere to standardized waste disposalprocedures poses signicant risks of soil and watercontaminationFailure to legally obtain or promptly update EnvironmentalImpact Assessment (EIA) documentation for constructionprojects could prevent the legal commencement orcontinuation of construction activities.

ExcessiveEmissions

Environmental protection investment in

the yearNumber of cases involving illegal

discharge of pollutants into the

environmentNumber of cases involving damage to

the natural environment

CNY10,000

Case

ImproperWasteDisposalProjectPermitting& Approvals

Risks

Indicator

Risk Impact

Unit

Indicators in

2025

Measures

ChairExecutiveVice ChairVice Chairs

Members

Deputy Secretary of the Party Committee and General Manager of the Company

Deputy General Manager in charge of the Safety, Engineering, and Environmental Protection

DepartmentDeputy General Managers and Senior Executives in charge of various subsidiariesHeads of the Safety, Engineering, and Environmental Protection Department; the GeneralAdministration Oce; the Publicity Department of the Party Committee; and the Finance and

Treasury DepartmentPrincipal Executives of all aliated subsidiaries

Implementing “Dual Carbon” initiativesBeijing North Star diligently executes its carbon peaking action plan andregularly tracks the progress of key carbon peaking and carbon neutralityprojects. We actively respond to green power policies by continuously scaling upour procurement of renewable energy. Leveraging technological innovation, weare constructing a digitalized and intelligent energy and carbon managementsystem to comprehensively support the realization of our emission reductiontargets. In 2025, Beijing North Star purchased a total of 10.493 million kWhof green electricity, equivalent to a reduction of 6,337 tons of carbon dioxideemissions.

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Green North Star:

Pioneering a New Chapter in Ecological Sustainability

Developing green buildings

Pioneering carbon-neutral conventions and exhibitions

Beijing North Star strictly benchmarks its projects against green building certication standards. We proactively deploy low-carbon and environmentally friendly technologies to systematically reduce carbon emissions across the entire buildinglifecycle, dedicating our eorts to delivering high-quality, green, and low-carbon property developments.

Beijing North Star prioritizes materials that meet rigorous environmental standards and hold green certications. Weactively promote prefabricated construction techniques and have established a comprehensive sorting and recycling systemfor construction waste. Furthermore, we source materials locally to minimize transportation-related carbon emissions

We optimize building orientation, window-to-wall ratios, and envelope designs to maximize natural daylighting andventilation, thereby signicantly reducing heating and cooling loads. We deploy high-eciency equipment and renewableenergy systems, and have developed an intelligent energy monitoring and control platform to drive down operationalenergy consumption and carbon emissions

In our landscape planning, we prioritize native ora and incorporate “sponge city” design principles to bolster carbon sinkcapacity and eectively reduce the overall carbon footprint of our buildings

Beijing North Star systematically embeds low-carbon development principles into the end-to-end management of itsconvention and exhibition projects. By focusing on critical operational phases, we drive the innovation and practicalimplementation of carbon reduction measures, actively exploring new, quantiable, and achievable pathways for deliveringcarbon-neutral conventions and exhibitions.

Indicators and targetsBeijing North Star will continue to be guided by the national “Dual Carbon” goals. We are committed to comprehensivelyexecuting our carbon peaking action plan alongside the strategic directives of our 15th Five-Year Plan. We will maintainrigorous tracking and monitoring of our carbon emissions, ensuring the consistent compilation and disclosure of relevantindicators, thereby further elevating our climate risk resilience and management capabilities.

Total greenhouse gas emissionsScope 1 direct emissionsScope 2 indirect emissionsEmission reduction from trees heldGreenhouse gas emissions per square meter of oor area (Scopes 1 and 2)

Number of Green Building Certicates

Metric tons of carbon dioxide

equivalent (MTCO

e)Metric tons of carbon dioxide

equivalent (MTCO

e)Metric tons of carbon dioxide

equivalent (MTCO

e)Metric tons of carbon dioxide

equivalent (MTCO

e)Metric tons of carbon dioxide

equivalent (MTCO

e)No.

59429

58531

0.1156

IndicatorUnitIndicators in 2025

Impact, risk, and opportunity management

Establish robust policy tracking and assessment mechanisms,and actively participate in meetings designed to shape industrystandardsProactively plan and invest in R&D to strategically deploy keytechnologies for low-carbon, green building, and zero-carbontransitionsCo-build industry-academia-research collaborative platformswith top-tier universities and scientic institutions to continuouslytrack frontier technologiesFormulate upgrade roadmaps for traditional technologies tosystematically enhance energy and resource utilization eciencyAccelerate the launch and expansion of “green productportfolios”Comprehensively elevate the green certication levels andmarket coverage of our products and servicesInstitutionalize regular ESG information disclosure mechanismsProgressively advance the publication of independently veriedreports detailing carbon neutrality progress and emissionreduction performanceFormulate specialized emergency contingency plans tailored todistinct disaster typesStrengthen meteorological monitoring and early warningsystemsComprehensively promote the adoption of water-savingtechnologies and intelligent energy management systems

The introduction of more stringentgovernment regulations may drive upcompliance costsThe rapid iteration of green andlow-carbon technologies andshortening innovation cycles exposetraditional technologies to the risk ofobsolescenceEscalating customer demand forgreen buildings is intensifying marketcompetitionFailure to meet carbon neutralitytargets could damage the Company’sbrand image and credibility, potentiallytriggering ESG rating downgrades anderoding investor condenceExtreme weather events (e.g., torrentialrain, gale-force winds) threaten theoperational safety and constructionschedules of existing properties andexpansion/renovation projectsProlonged heatwaves and droughtsexacerbate water supply constraintsand negatively impact building energyconsumption

Policy andLegalTechnologyMarketReputationAcuteChronicPhysical Risks

TransformationRisks

Risk typeRisk ImpactResponse Strategies

Carbon Neutral Service Certicate awarded by the China BeijingGreen Exchange (CBGEX) for the 2025 China Events Industry Digital &Innovation Conference

Carbon Neutrality Certicate awarded by the CBGEX for the CIFTIS 2025

Carbon Neutrality Certicate for the World GasConference 2025

Case

During the World Gas Conference 2025, the CNCC II—managed byBeijing North Star under entrustment—partnered with the BeijingEnergy Conservation and Environmental Protection Center to pioneer acomprehensive carbon neutrality framework. This end-to-end systemencompassed pre-event emission reduction, in-event management, andpost-event osetting. We proactively engaged technical experts to conducta rigorous carbon footprint assessment across the entire event lifecycle.Ultimately, we successfully offset 4,544.76 metric tons of carbon dioxideequivalent (tCO2e) utilizing Carbon Inclusive Benet Mechanism generatedby the “2024 Beijing Green Life Platform Kuaidian New Energy VehicleCharging Carbon Reduction Scenario.” By achieving full carbon neutralityfor the conference, we signicantly broadened the practical pathways andsocial impact of our green, low-carbon development philosophy.

Beijing North Star awarded Carbon Neutrality Certicate for the World Gas Conference (WGC) 2025

EnvironmentalBuildingMaterials

Energy-Ecient

Design

EcologicalIntegration

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Green North Star:

Pioneering a New Chapter in Ecological SustainabilityPromoting Energy Conservation andEmission Reduction

Conservation of energy and resources

Guided by our commitment to green development, Beijing North Star systematically implements energy-savingtechnological retrots and management optimizations. We are proactively optimizing our energy mix and enhancingoverall utilization eciency. Concurrently, we are strengthening both the source control and end-to-end management ofpollutants, striving to achieve a harmonious balance between economic performance and environmental stewardship.

While thoroughly executing our overarching energy conservation and environmental protection strategies, Beijing North Starhas established a robust, long-term management mechanism. We systematically drive technological upgrades and businessmodel innovations, continuously deepening targeted energy-saving initiatives to elevate our overall energy and resourceutilization eciency. In 2025, the Company’s total energy consumption stood at 15,310 tons of standard coal equivalent (tce),representing a 2.4% year-over-year decrease compared to 15,682 tce in 2024.

Equipment Retrots: Execute upgrades and variable-frequency drive retrots on energy-intensive equipment,including refrigeration units, water pumps, andescalatorsPrecision Operations: Precisely regulate cooling andheating systems, dynamically adjusting operationalstrategies based on ambient temperature, foot trac,and event schedules; intensify equipment inspectionsand maintenance to eradicate leaks and operationalineciencies, and establish mechanisms for monitoring,tracing, and rectifying energy consumption anomaliesIntelligent Systems: Broadly deploy smart energymanagement systems to enable real-time monitoring ofenergy consumption data

Eco-Friendly Materials: Explicitly mandate exhibitors to minimize the use of single-use booth construction materials, whileactively encouraging the reuse of public infrastructure from previous eventsUpcycling Food Scraps: Innovate the culinary processing of food trimmings and by-products—such as transforming broccolistems into appetizers or incorporating okara into steamed buns—to maximize food utilizationPlastic Reduction Initiatives: Enforce a comprehensive ban on single-use plastics; mandate the use of biodegradabletableware and reusable glassware or ceramics for all event catering and coee breaks; and collaborate with partners tochampion a “Bring Your Own Cup” campaign, supported by the strategic installation of ample direct drinking water stationsacross public areasPaperless Events: Leverage proprietary venue apps, mini-programs, and digital navigation systems to digitize the distributionand accessibility of event agendas, materials, and notications, signicantly reducing reliance on printed documents

Equipment Management: Mandate the use of water-ecient xtures; institutionalize regular inspections andprompt maintenance of water supply systems to strictlyprevent leaks and wasteCircular Utilization: Proactively advance water recyclinginitiatives, such as harvesting condensate water anddeploying reclaimed water systems, thereby maximizingwater use eciency

Energy Management

Material Management

Water Resource Management

Before and after boiler retrots

Interface of the Intelligent Power Distribution Management System

Before and after chiller unit retrots

Before and after the circulating water pump retrots

Case

In 2025, the V-Continent Beijing Parkview Wuzhou Hotel implemented three major energy-saving retrofit projects.These initiatives are projected to achieve annual electricity savings of 166,700 kWh and annual fuel oil savings of 8.82metric tons, equating to a total annual energy savings of 57.69 tce. In recognition of these eorts, the hotel successfullysecured CNY 521,500 from the Chaoyang District Energy Saving and Carbon Reduction Special Funds.

In 2025, the Public Facilities Management BranchCompany successfully installed and commissioned anintelligent power distribution system. By establishinga central management hub and equipping datacollection points across the Asian Games Village andthe CNCC areas with remote meter-reading devices,we have enabled the centralized remote collectionand real-time monitoring of regional electricity data.The system generates quantitative analyses, yieldingdistribution curves and proportional breakdowns ofcritical energy consumption. These insights allow usto formulate evidence-based recommendations forelectricity usage, providing robust data support forcurrent energy conservation initiatives and futuretargeted eciency retrots.

Fuel-Fired Boiler Retrots: The hotel replacedfour legacy, energy-intensive fuel-red boilerswith three 385 kW fully automated electric hotwater boilers. Concurrently, the associatedpower supply systems were upgraded. Thisachieved a complete clean-energy transitionfor the backup heating system, signicantlyenhancing the environmental sustainability ofthe hotel’s energy consumption.Chiller Unit Upgrades: The inecient No. 1chiller was replaced with a Tier-1 energy-ecientcentrifugal chiller featuring a cooling capacityof 2,039 kW and a power rating of 390.9 kW.Additionally, variable-frequency drives wereinstalled on the No. 2 chiller, and the condenseron the No. 3 chiller was replaced. These targetedupgrades have comprehensively boosted overallsystem energy eciency and operational exibility.Circulating Water Pump Upgrades: Wecomprehensively upgraded our agingcirculating water pumps to address long-termeciency degradation. A total of nine high-eciency pumps were installed—comprisingthree chilled water pumps, three cooling waterpumps, and three heating circulation pumps.This initiative signicantly reduced transmissionenergy consumption and enhanced the overallenergy eciency of the system.

V-Continent Beijing Parkview Wuzhou Hotel executes three major energy-saving retrot projects

Public Facilities Management Branch Company sets up an intelligent power distribution system

3637

Green North Star:

Pioneering a New Chapter in Ecological Sustainability

Coee corner enclosure made of recyclable corrugatedcardboard

Energy conservation signage displayed at the Beijing ContinentalGrand Hotel and Beijing International Convention Center

The Capital International Exhibition Convention Center, managed byBeijing North Star, utilizes smart waste bins to optimize collection anddisposal workows

Case

In partnership with the organizers of the 10th AnnualMeeting of the Board of Governors of the Asian InfrastructureInvestment Bank (AIIB), Beijing North Star developed acomprehensive green system covering the entire lifecycleof the event. Sustainability was embedded in every detail—from venue decorations using recyclable materials and theprovision of biodegradable tableware, to a signage systemintegrating digital displays with recycled materials. The eventfeatured coffee corners with reusable corrugated cardboardenclosures, public areas utilizing recyclable facilities, andprominent waste sorting guidelines. Furthermore, the venue isequipped with a 600-square-meter solar thermal system. Byintegrating smart technology with environmental stewardship,this system has pioneered a modern, highly efficient, andenergy-saving operational model for our venues.

Beijing North Star establishes an end-to-end green convention and exhibition system

Controlling pollution emissions

Beijing North Star has systematically established a pollution prevention and control framework targeting key pollutants,including solid waste, wastewater, exhaust gas, and construction dust. We strictly adhere to emission standards and achievereal-time monitoring and closed-loop management of emission sources through dynamic updates and self-inspections of ourEnvironmental Facilities and Equipment Management Checklist and Pollution Source Statistics Checklist. These eorts enhancethe eectiveness of our pollution control measures and practically mitigate the environmental impact of our operations. In2025, there were no incidents of illegal or non-compliant pollutant emissions.

For consecutive years, we have partnered with licensedprofessional agencies, maintaining technical serviceagreements for the safe and compliant disposal ofhazardous waste. This ensures the centralized andenvironmentally sound treatment of hazardousmaterials generated during our operations, includingspent uorescent tubes, spent lead-acid batteries, andused toner cartridgesActively promote the use of phosphorus-free cleaningagents across our facilities to mitigate water pollution

Precision Source Separation: We have comprehensivelydeployed four-stream waste sorting bins across allvenue areas, including meeting rooms, dining halls,office spaces, and guest rooms. Designated drop-offpoints for food waste and recyclables are establishedat tray return stations in dining areas, accompanied byclear, illustrated signage to accurately guide both staand guests in proper waste sortingProfessional Interim Collection and Oversight: Foodwaste is systematically collected and temporarily storedbefore being transferred to government-designatedprofessional treatment facilities for centralized handling.Recyclables, including paper, plastic bottles, andmetals, undergo a secondary sorting process and aresubsequently handed over to certied resource recoveryenterprises for compliant processingTerminal Data Tracking: We comprehensively collectcore information across all waste categories—includinggeneration volumes, transfer quantities, and finaldisposal destinations—providing robust data support forongoing management optimization

Huibin and Huixin Project Department of BeijingNorth Star Commercial Management

China National Convention Center

Energy Management

Water Conservation

Green Commuting Initiatives

Paper and Oce Supply Conservation

Committing to Green Operations

Promoting green oce practices

Engaging in environmental public welfare

Beijing North Star integrates green development principles into its overall operational management. We extensivelypromote sustainable oce practices, proactively engage in environmental public welfare initiatives, and leverage greenprocurement as a key driver to elevate the environmental performance of our supply chain partners. Together, we arecultivating an environmentally friendly and sustainable business ecosystem.

Beijing North Star has formulated and issued internal governance documents, including the Implementation Plan for EnergyConservation in Public and Oce Areas and the Code of Energy-Saving and Low-Carbon Conduct. We exercise stringent controlover the consumption of energy, paper, and water resources. Supported by multi-channel and multi-form environmentaladvocacy campaigns, we actively encourage all employees to embrace a minimalist, moderate, and low-carbon approach totheir work and daily behaviors.

Beijing North Star actively organizes and participates in environmental public welfare activities, translating ecologicalconservation concepts into concrete actions. These initiatives signicantly enhance the environmental awareness of bothour employees and the general public, deeply cultivating a corporate culture of green development.

Ensure that oce lighting, air conditioning, and computersare turned o when personnel leave the premises tominimize standby power consumptionOptimize lighting controls in public areas by maximizingnatural daylighting during the day and strictly enforcingscheduled switch-on/o times at night

Prominently display water conservation signage in key usageareas, such as pantries and restrooms

Advocate for the use of public transportation, cycling, orwalking to proactively reduce the frequency of corporate andprivate vehicle usage

Comprehensively promote paperless oce operations tosignicantly reduce reliance on printed documentsDefault to double-sided printing and systematically collectsingle-sided printed paper for internal reuse as scratchpaperOptimize the use of oce stationery and actively avoid theprocurement of single-use items

3839

Green North Star:

Pioneering a New Chapter in Ecological Sustainability

Views before and after lights out at Beijing International Convention Center, Beijing Continental Grand Hotel, and V-Continent BeijingParkview Wuzhou Hotel

Micro-wetland in the central garden of the Asian Games Village

Views before and after lights out at CNCC

Case

On March 22, 2025, answering the call of Beijing North Star, multiple aliated properties joined landmark buildingsacross the globe in simultaneously turning o their non-essential lights for 60 minutes.Asian Games Village: The landscape lighting within the Asian Games Village was turned off one hour ahead ofschedule, saving 132.46 kWh of electricity and reducing carbon emissions by 82.19 kg.

The Public Facilities Management Branch Company: Transformed the lawn of the Asian Games Village into a micro-wetland. This newly created habitat is now home to dozens of terrestrial plant species, over ten varieties of wetland plants,and three to four sh species. This initiative has eectively boosted the local oxygen content and signicantly improved theoverall ecological environment and biodiversity of the Asian Games Village.

InterContinental Beijing Beichen Hotel: Organized a community clean-up public welfare initiative at the Olympic ForestPark. While immersing themselves in the Olympic cultural atmosphere and natural beauty, participants actively collectedlitter along the trails, including cigarette butts, paper scraps, water bottles, and plastic bags. Through these concreteactions, participants strengthened their environmental awareness and contributed to the cultivation of a beautiful,sustainable city.CNCC: Participating in Earth Hour for the 14th consecutive year. CNCC not only turned off its exterior landscapelighting and selected indoor illumination, but also proactively displayed campaign posters on digital screens. Thisearly engagement eectively encouraged employees and clients alike to dedicate an hour to the Earth.

Beijing North Star participates in “Earth Hour” Movement

Implementing green procurement

Beijing North Star integrates environmental principles throughout its end-to-end supplier management process.By defining clear standards and protocols for every operational phase, we are driving the evolution of our greenprocurement strategy from mere “compliance” to “proactive practice.” Through this strategic approach, we eectivelyguide our supply chain partners to collaboratively achieve a comprehensive green transition.

We prioritize green certicationsduring supplier screening, givingpreference to products thatpossess qualications such as theChina Environmental Labellingand Energy Conservation ProductCertications

Packaging must utilize recyclable,biodegradable, or environmentallysound materials, strictlyavoiding over-packaging andtoxic or hazardous substances.Furthermore, transportationvehicles must comply with nationaland local emission standards,requiring the regular submissionof valid environmental inspectioncerticates

We conduct regular suppliercompliance and performanceevaluations. For non-compliantsuppliers, we initiate correctiveinterviews, mandate rectications,and, if necessary, suspendpartnerships

Supplier OnboardingProcess ManagementEvaluation & Assessment

3839

North Star’s Commitment:

Co-Creating a Brighter Future

4041

Beijing North Star is dedicated to co-creating value and sharing prosperity with all stakeholders. Adhering to apeople-rst philosophy, we foster the mutual growth of our employees and the Company. We proactively joinhands with our partners to drive industry synergy and progress. By continuously cultivating our brand value,we reward customer trust with high-quality products and services. Furthermore, we actively invest in publiclivelihoods and rural revitalization initiatives, earnestly fullling our corporate responsibilities and contributingto the harmonious development of society.

North Star’s Commitment:

Co-Creating a Brighter Future

Building a Harmonious WorkplaceLeading with Brand ValueAchieving Mutual Success withOur Partners

Dedicated to Giving Back to Society42484752

SDGs address in this Part:

North Star’s Commitment:

Co-Creating a Brighter Future

4243

Building a Harmonious Workplace

Fostering workforce cohesion

With the establishment of harmonious and stable labor relations at its core, Beijing North Star comprehensivelysafeguards the legitimate rights and interests of its employees. We continuously optimize our talent cultivation systemsand career development pathways while solidly advancing comprehensive employee care initiatives. Furthermore, westrictly enforce occupational health and safety management, ultimately forging a virtuous cycle of mutual empowermentand synergistic growth between our employees and the Company.

Beijing North Star consistently regards its employees as its most valuable asset. We have established a robust andcomprehensive support system founded on the protection of rights, centered on empowering growth, and bonded byemployee care. This holistic approach not only facilitates the mutual development of our staff and the enterprise but alsocontinuously strengthens overall organizational cohesion and the employees’ sense of belonging.

Governance

Strategy

Beijing North Star has revised and refined core policies, including the Employee Compensation Management Measures,Supplementary Medical Insurance Management Measures, and Headquarters Employee Benets Management Measures. Wecomprehensively evaluated the implementation of our “14th Five-Year” Human Resources Plan. Furthermore, in alignmentwith the development directions set by the Beijing Municipal SASAC for the “15th Five-Year” period, we have claried ourstrategic objectives and implementation pathways, laying a solid foundation for our human resources management.

Beijing North Star strictly adheres to all internal management policies and focuses on building a comprehensive and eectivelyenforced employee rights protection system. We are dedicated to actively safeguarding the legitimate rights and interests ofour workforce and are committed to creating an equal and inclusive working environment for all employees.

Beijing North Star actively implements our “Talent-Driven Enterprise” strategy by comprehensively optimizing our talentdevelopment framework. By continuously strengthening our talent pipeline and internal mobility mechanisms, we haveestablished a multi-channel growth pathway that spans the entire career lifecycle, effectively stimulating the vitality andpotential of our workforce.

Uphold the principles of open, fair, and impartial recruitmentProhibit the use of child labor and forced labor

Developed a comprehensive compensation matrix to establish a unied corporate remuneration system, furtherclarifying our guidelines for compensation distributionStrictly adhered to the Headquarters’ Employee Compensation Management Measures to ensure the timelydisbursement of salaries, maintaining a record of zero delayed or overdue paymentsImplemented the rectication requirements mandated by the Beijing Municipal Human Resources and SocialSecurity Bureau following its wage and income distribution audits, standardizing our employee benets andwelfare provisionsConvened the Fourth Session of the Fourth Workers’ CongressConducted comprehensive self-assessments regarding the transparency of corporate aairs and workplacedemocratic management practices

Established an electronic labor contract management systemLowered the deductible threshold for medical insurance, introduced digital self-service platforms, and enhancedthe timeliness and convenience of reimbursement settlements

Safeguarding employee rights

Empowering growth

Fair Employment

Compensationand Benets

Social Securityand Benets

DemocraticManagement

We are optimizing our full-lifecycle talent management,encompassing the “attraction, development, deployment, andretention” of personnel. Externally, we are actively expandingstrategic partnerships, while internally, we have establisheddedicated recruitment platforms. By dening foundationalcompetency models for key positions, we strictly enforce ourhiring standards. Furthermore, we have established a robustperformance evaluation mechanism, utilizing assessment resultsas a critical basis for job appointments and talent pipelinedevelopment. We strictly execute our “Six-Step” selectionprotocol for management personnel to optimize the structureand eectiveness of our leadership teams. Additionally, we focuson the continuous pipeline building and systematic cultivationof outstanding young managerial talent, thereby fortifying ourorganizational talent foundation.

We have established a comprehensive talent developmentmechanism covering both business management andprofessional skills. Leveraging platforms such as the North StarField Learning Institute, we implement tiered and categorizedtraining to enhance the political awareness, professionalcompetencies, and leadership skills of our core personnel.We are deeply committed to implementing the “CraftsmanInitiative,” focusing on the cultivation of highly skilledprofessionals to stimulate the innovative vitality of our industrialworkforce. This enables us to build a versatile talent pipelinethat supports the Company’s high-quality development. In2025, Beijing North Star was successfully recognized as oneof Beijing’s inaugural “Chain Master” enterprises within the“Industry-Education-Evaluation” skills ecosystem.

Optimizing the Talent SystemPrioritizing Talent Development

Case

On June 16, 2025, Beijing North Star officially launched itsinaugural “Emerging Leaders” Program for young talent atRenmin University of China. The training was anchored by threecore objectives: deepening cultural alignment and a sense ofmission, systematically enhancing comprehensive capabilities,and fortifying a mindset for collaboration and innovation. Overthe course of an 18-day intensive training period, 60 key youngtalents completed 15 academic courses, team-building exercises,leadership business simulations, and site visits to benchmarkenterprises. Furthermore, through a themed workshop on“Cost Reduction, Efficiency Enhancement, and SynergisticDevelopment,” the program facilitated the practical applicationof learning outcomes, eectively driving the professional growthand operational capabilities of our young core team.

Beijing North Star launches the inaugural “Emerging Leaders” Program for young talent

Beijing North Star’s inaugural “Emerging Leaders”Program for young talent

Beijing North Star hosts employee salons to cultivate professionalcompetencies

Beijing North Star and ICCA sign a cooperation agreement for thethree-tier certication curriculum of the CIBEP program

North Star’s Commitment:

Co-Creating a Brighter Future

4445

Beijing North Star hosts a series of employee mental health andwellbeing bootcamps

Beijing North Star hosts an employee basketball match

Centered on the actual needs of our employees, Beijing North Star meticulously plans and executes a diverse array ofemployee care and assistance programs. These include seasonal wellbeing initiatives—such as winter warmth and summercooling campaigns—as well as exam season support programs. We are committed to addressing practical challenges andsolving real problems for our workforce. Furthermore, through a rich variety of cultural and sports activities, we enrichour employees’ personal lives and cultivate a warm, harmonious, healthy, and united working environment, continuouslyenhancing their sense of happiness and belonging. By the end of 2025, our employee mutual aid insurance program hadsuccessfully processed claims for 331 individuals, amounting to a total of over CNY 1.16 million.

Employee wellbeing

Rigorously review the wording of recruitmentannouncements, establish standardized andstructured interview processes, and standardize thecontent of employment oersEstablish robust succession plans for key positionsPromote internal competitive recruitment and jobrotation mechanismsPrudently select employment models based onspecic role characteristics, standardized relevantemployment agreements, and strictly avoid the directoperational management of outsourced personnel

Legal risks associated with potential discriminationduring the recruitment process.Elevated turnover rates resulting from misalignmentbetween personnel and role requirementsThe risk of a succession gap in core positions that heavilyrely on long-term accumulated experienceUnclear legal boundaries regarding various employmentmodels (e.g., labor dispatch and outsourcing), whichcould lead to them being deemed a de facto employmentrelationship, thereby incurring direct employer liabilities

Talent Acquisitionand DeploymentDiversiedEmploymentModels

RisksRisk ImpactMeasuresImpacts, risks, and opportunities management

Indicators and targets

Beijing North Star will continue to optimize its workforce structure and employment models while rening its human resourcesallocation mechanisms. By advancing targeted recruitment and high-quality selection, we aim to strengthen the dynamicalignment between our talent and their respective roles. We will systematically broaden career progression pathwaysto stimulate intrinsic motivation, comprehensively deepen our employee wellbeing initiatives, and elevate our overallorganizational eectiveness.

Total number of employeesPercentage of female employeesPercentage of employees trained

Labor contract signing rate

Coverage of social insurance

No.%%%%

4729

42.9

98.76

IndicatorUnitIndicators in 2025

Safeguarding health and safetyBy continually rening our management systems, strictly executing standardized procedures, and conducting regular training,Beijing North Star steadily enhances the occupational health awareness and safety behavioral competencies of our entireworkforce. With these eorts, we are dedicated to cultivating a safe, stable, and healthy working environment for all.Governance

Strategy

Beijing North Star has scientifically structured and continuously refines its occupational health and safety and work safetymanagement system. We are solidly advancing our “Three-Year Special Action Plan for Eliminating Root Causes of Work SafetyRisks.” By strengthening end-to-end safety supervision—from the strategic source to the operational frontlines—and strictlyenforcing health and safety responsibilities, we are consolidating a robust foundation for safe development.

Beijing North Star highly prioritizes occupational health protection. We build a robust, multi-dimensional defense foroccupational health and safety by regularly organizing comprehensive health examinations for all employees, activelyconducting occupational health and safety training, optimizing work environments, and standardizing the management andutilization of personal protective equipment. In 2025, employee participation in health knowledge quizzes associated with ourmutual aid insurance program exceeded 1,900 instances.

Beijing North Star consistently regards workplace safety as a paramount priority for corporate development. We are committedto preventing and mitigating major risks at their source, driving the establishment of a risk prevention and control mechanismcharacterized by universal participation, end-to-end coverage, and comprehensive implementation, thereby effectivelyelevating our intrinsic safety levels. In 2025, Beijing North Star was honored with the title of “Outstanding Enterprise in theAssessment of Peaceful Beijing Construction” among municipal state-owned enterprises.

Occupational health

Work safety

Beijing North Star CommercialManagement introduces innovative“Safety Letters to Families,” extendingcorporate safety culture into employees’households

Focusing on key operational scenarios such as high-rise buildings, large-scalecommercial complexes, and convention and exhibition venues, we conduct regular,targeted inspections and remediations in critical areas. These include hot workoperations, re control rooms, gas and cold storage facilities safety, and conned spaceoperations. Furthermore, we regularly organize comprehensive emergency drills tostrengthen our specialized emergency response teams and enhance our capabilities forincident management and coordinated response during emergencies.We attach great importance to the development of our corporate safety culture. Byorganizing specialized campaigns such as “Work Safety Month” and the “Safe SoundCup” Fire Safety Skills Competition, and integrating them with routine, targeted safetytraining, we drive the safety principles into the hearts of all employees. This ensures thatsafety awareness is effectively translated into the conscious actions and sustainable,long-term practices of all employees.

Preventing Safety Risks

Cultivating a Safety Culture

North Star’s Commitment:

Co-Creating a Brighter Future

4647

Establish a comprehensive work safety management frameworkthat covers all operational scenarios, supported by routine safetyaudits and dynamic update mechanismsConduct targeted safety training and specialized emergency drillsto elevate safety awareness and incident response capabilitiesForm dedicated emergency response teams and maintain adequatestockpiles of emergency supplies and equipment to ensure swiftand eective responses

Commercial and exhibition operations—characterized by high crowd density, complexequipment, and numerous operational phases—aresusceptible to multiple safety risks. These includeres, crowd stampedes, security incidents, andequipment failures. Such risks could potentially leadto personal injury, property damage, operationaldisruptions, legal disputes, and reputationaldamageWorkSafety

RisksRisk ImpactMeasuresImpacts, risks, and opportunities management

Indicators and targetsBeijing North Star will continuously deepen its occupational health and safety management and steadfastly advance its specialaction plan for eliminating root causes of work safety risks. We will intensify risk inspections and targeted remediations atcritical venues, thoroughly promote the cultivation of a corporate safety culture alongside comprehensive employee education,and consistently fortify the foundation for our safe and healthy development.

Total investment in work safetyNumber of participants of work safety trainingCoverage of work safety trainingNumber of lost workdays due to work-related injury

Number of work-related fatalitiesIncidence rate of work-related accidents recordable within 200,000 hours

Incidence rate of occupational diseases

CNY 100 million

Person-time

%DayCase

IndicatorUnitIndicators in 2025

Case

On November 19, 2025, Beijing North Starsuccessfully hosted the “Safe Sound Cup” FireSafety Skills Competition and the “119” FirePrevention Awareness Day event. Twelve teamsengaged in practical reghting drills on a nearly50-meter course. The event also featured fireequipment identication exercises and simulated“escape tent” evacuation experiences. Thesehands-on activities enabled attendees to masterpractical fire safety skills and enhance theircapabilities in emergency response, self-rescue,and mutual aid through immersive interactions,deeply embedding the core philosophy of “FireSafety for All, Life Above All.”

On September 11, 2025, the China Exhibition Index Report(2024)—innovatively co-compiled by the Beijing North StarConvention and Exhibition Research Institute and the ChinaConvention and Exhibition Society—was officially launchedat the 4th International Convention and Exhibition EconomyDevelopment Forum. The report provides a systematicanalysis of the industry’s development trajectories amidstconsumption recovery and the wave of digitalization, oeringrobust data support for the sector’s continued growth.Marking the seventh consecutive year of publication for thisseries, the initiative leveraged strategic data collaborationwith the China Convention and Exhibition Society to streamlinedomestic industry data channels. This milestone represents agroundbreaking “zero-to-one” achievement in establishinga nationwide exhibition index evaluation framework, fullydemonstrating Beijing North Star’s pioneering leadershipand innovative capabilities in the research on convention andexhibition event service industry.

Beijing North Star hosts the “Ensuring Safety, Driving Operations” Fire Safety Skills Competitionand “119” Fire Prevention Awareness Day event

Beijing North Star Convention and Exhibition ResearchInstitute releases the China Exhibition Index Report (2024)

The “Safe Sound Cup” Fire Safety Skills Competition and “119” FirePrevention Awareness Day event

China Exhibition IndexReport (2024)

North Star Commercial Managementhosts a centralized training sessionto help suppliers navigate commonchallenges when operating the digitalplatform

Achieving Mutual Success with Our Partners

Deepening strategic cooperation

Supportingindustrydevelopment

Strengthening supply chain management

Upholding the philosophy of mutually benecial collaboration, Beijing North Star continuously expands and deepens itsstrategic partnerships. We actively participate in industry dialogues, sharing our practical experiences and leveraging ourown explorations to drive industry-wide progress. Furthermore, we are dedicated to strengthening sustainable supplychain management and promoting the development of a responsible supply chain ecosystem, striving to achieve valueco-creation and shared success.

Beijing North Star actively cultivates a diverse and open collaborative ecosystem, continuously expanding our network of high-quality partners.By broadly integrating internal and external innovation resources and developmental capabilities, we systematically enhance our synergisticeciency, thereby steadily fostering and reinforcing our long-term core competitive advantages.

Beijing North Star actively participates in andsupports premier convention and exhibitionindustry events and forums both domesticallyand internationally. We proactively share ourpractical achievements and industry insights,placing a strong emphasis on industryresearch and think tank development. We aredeeply involved in the formulation of industrystandards and have published the ChinaExhibition Index Report for seven consecutiveyears. Through our specialized researchcapabilities and authoritative data systems, weprovide systematic support and professionalguidance for the high-quality development ofthe convention and exhibition event serviceindustry.

Beijing North Star continuously advances theoptimization and upgrading of our suppliermanagement system. We have formulatedand strictly enforced the Regulations onProcurement and Bidding Managementfor Goods and Services, establishing arobust control mechanism that coverscritical phases such as supplier admission,competitive bidding, and bid evaluation.By comprehensively deploying a digitalprocurement platform, we systematicallystandardize procurement workows whileclarifying roles and responsibilities. Thisapproach enables the end-to-end, closed-loop management of our procurementactivities, ultimately cultivating an open,transparent, secure, reliable, and highlycollaborative supply chain ecosystem.

Supplier Admission: Conducting rigorousqualication due diligence, performingcomprehensive risk screenings, and strictlyexecuting admission protocolsSupplier Selection: Selecting appropriatepartners openly, fairly, and rationally throughcompetitive bidding and evaluation processesSupplier Evaluation: Conducting annual andperiodic assessments to evaluate ongoingsupplier performance and contract fulllment.Based on these assessment results, we issueformal feedback, mandate rectications, orapply penalties as necessary

North Star’s Commitment:

Co-Creating a Brighter Future

4849

Leading with Brand Value

Forging exceptional quality

Beijing North Star steadfastly advances the quality enhancement of its products and services, consolidating the corefoundation of our brand. We continuously deepen our brand-building initiatives to expand our comprehensive brandinuence and enhance social identity, eectively demonstrating our brand value.

Beijing North Star is committed to delivering high-quality services guided by standards of excellence. By embedding the spiritof craftsmanship into our end-to-end engineering and construction processes, we drive the simultaneous enhancement ofboth service and product quality. While deepening our brand essence, we create reliable, sustainable, and long-term value forour customers, partners, and society at large.

GovernanceBeijing North Star continuously renes its product and service quality management system. Focusing on critical areas such asservice assurance, engineering management, and project operations, we have enhanced our standardized policy framework.By clarifying operational standards and accountability mechanisms across all phases, we ensure that our products andservices consistently meet customer expectations.StrategyBeijing North Star has accelerated the expansion of its event hostingand organizing operations. We successfully executed establishedevents, such as the CIFTIS and the China Beijing International High-Tech Expo (CHITEC). Furthermore, we successfully launched six newconvention and exhibition projects—each exceeding 10,000 squaremeters in scale—including the 2025 Beijing International HealthyLifestyle and Consumption Expo and the Beijing International SeniorCare and Aging Industry Expo. Consequently, our annual portfolio ofhosted and organized exhibition projects has reached a total of 22.

Adhering to the “best practice” standards, Beijing North Star awlessly executed support services for various major state andgovernment events throughout the year, relying on our professional and highly ecient operational capabilities. This vividlyillustrates the pinnacle of our service quality and professional expertise.

Innovative upgrades in event hosting and organizing operations

Delivering high-quality support for state and government events

2025 China International Fair for Trade in Services

The 3rd Conference of the 14th CPPCC Beijing MunicipalCommittee

The Fourth Ministerial Meeting of the China-CELAC Forum

The 27th China Beijing International High-Tech Expo

The 11th Beijing International Senior Care and AgingIndustry Expo

From September 10 to 14, the 2025 CIFTIS was held at Shougang Parkin Beijing. Embracing a “zero-base” mentality and a commitmentto continuous renewal, Beijing North Star focused on “global reach,digital intelligence, seamless convenience, and distinct features” tocraft a novel, multidimensional attendee experience. We achieved newbreakthroughs across various fronts, including exhibitions and displays,conferences and forums, and market-driven investment promotion.

From January 13 to 17, the 3rd Conference of the 14th CPPCCBeijing Municipal Committee was successfully convened.Beijing North Star eciently fullled all service mandates. Byensuring absolute punctuality and executing awless, zero-errortransitions between sessions, we earned unanimous acclaimfrom committee members and administrative sta alike.

On May 13, the Fourth Ministerial Meeting of the China-CELACForum was grandly convened. Adhering to the “Beijing NorthStar Standard,” Beijing North Star fully coordinated its diverseportfolio of resources to ensure the seamless execution of theconference.

On May 8, the 27th CHITEC opened at the National Convention Center.Beijing North Star ensured the seamless execution of the expothrough our professional and highly ecient “North Star Service.”By leveraging our competitive edge in smart venue operations, wesignicantly upgraded the event experience, ultimately helping thisyear’s CHITEC achieve a record-breaking scale in its history.

On October 29, 2025, the 11th Beijing International Senior Careand Aging Industry Expo ocially opened. Leveraging ourindustry expertise, Beijing North Star played a pivotal role indriving a signicant expansion in the expo’s scale compared toprevious editions.

On-site view at the 2025 CIFTIS

Pre-session preparations for the 3rd Conference of the 14th CPPCCBeijing Municipal Committee

Pre-meeting preparations for the Fourth Ministerial Meeting of theChina-CELAC Forum

On-site view at the 27th CHITEC

On-site view at the 11th Beijing International Senior Care and AgingIndustry Expo

The 10th Annual Meeting of the Board of Governors ofthe Asian Infrastructure Investment Bank (AIIB)From June 24 to 26, the 10th Annual Meeting of the Board ofGovernors of the AIIB was successfully convened. Through end-to-end carbon-neutral practices and the innovative integrationof “technology + humanism + sustainability,” Beijing North Starinfused professional expertise and a human touch into everydetail, fully showcasing the exceptional quality of “BeijingService.”

Pre-meeting preparations for the 10th Annual Meeting of the Board ofGovernors of the AIIB

North Star’s Commitment:

Co-Creating a Brighter Future

5051

The Tianjin SCO Summit 2025

The Global Summit of Women 2025

From August 31 to September 1, the Tianjin SCO Summit wassuccessfully held. Guided by our iteratively upgraded servicestandards, Beijing North Star orchestrated synergistic operationsacross its affiliated enterprises, providing robust backing for thesummit’s awless execution.

From October 13 to 14, the Global Summit of Women 2025 wassuccessfully held. Adhering to the core principles of “the higheststandards, the strictest requirements, the most meticulous measures,and the swiftest execution,” Beijing North Star fully embodied the“Beijing North Star Standard” through meticulous organization,comprehensive deployment, and highly attentive service. Ultimately,we delivered a secure, comfortable, and thoroughly professionalconference environment for the summit.

Pre-summit preparations for the Tianjin SCO Summit 2025

Beijing North Star’s female workforce dedicated to supportingthe Global Summit of Women

Beijing North Star adheres to the service philosophy of “Starting from Zero, Pursuing Excellence” and firmly embeds a“Customer First, Service Foremost” mindset. We continuously optimize our service quality and customer experience bysystematically conducting satisfaction surveys and implementing closed-loop rectications. We enforce standardized servicesystems, establish standardized complaint response mechanisms, and strictly execute policies for information condentialityand privacy protection. Furthermore, we are comprehensively upgrading our barrier-free facilities to better accommodateindividuals with specic accessibility needs, ultimately providing our customers with safe, reliable, and high-quality servicesdelivered with a human touch.

Centered on the core objectives of “Enhancing Management Quality and Eciency, Preventing and Controlling ComplianceRisks,” Beijing North Star operates on a foundation of robust policies, supported by technology, and safeguarded by rigorousoversight. We actively supervise the operations of our held assets and the engineering management of our real estatedevelopments. We successfully completed the mid-year adjustments to the annual renovation and expansion plans for ourheld assets. By utilizing monthly engineering reports, we routinely track the progress and quality of our real estate projects.Furthermore, we advance mid-year specialized inspections and year-end reviews across our operating and management units,and strictly implement annual performance evaluations. These measures eectively mitigate quality risks and guarantee thehigh-quality fulllment of all construction mandates.

Commitment to customer satisfaction

Delivering premium projects

Deepening brand development

Beijing North Star continues to rene its strategic brand positioning. With the release of the Beijing North Star Brand Manual,we have established a standardized brand system encompassing our core cultural connotations and visual identity applicationguidelines, showcasing our latest achievements in brand value accumulation and image revitalization. Furthermore, we haveinitiated the formulation of our “15th Five-Year” Brand Strategic Plan. By leveraging scientic planning to lead our brandingdirection, we provide solid strategic support and theoretical guidance to enhance both our brand influence and corporatecompetitiveness.

Case

On August 8, 2025, the Beijing North Star BrandManual was officially released. As a foundationalbrand guideline that integrates conceptual depth,strategic guidance, and practical utility, the manualis structured into two primary sections: Beijing NorthStar’s Brand Essence and the Brand Visual IdentityGuidelines. The Brand Essence section encompassessix core components: the Company Profile, BrandArchitecture, Brand Vision, Brand Positioning, BrandMission, and Brand Values. Meanwhile, the BrandVisual Identity Guidelines detail the interpretation ofthe brand logo, the underlying signicance of the colorpalette, standardized colors and application principles,as well as the endorsement framework for parentand sub-brands. The launch of this manual marks asignicant new milestone in Beijing North Star’s branddevelopment. Looking ahead, guided by our robustbrand culture, we will continue to write an even morebrilliant chapter in our ongoing journey to facilitateinternational exchanges and construct ideal spaces.

Ocial release of the Beijing North Star Brand Manual

The Beijing North Star Brand Manual

Establish an end-to-end quality management system forengineering projects; implement a “three-gate” controlmechanism that encompasses design review, constructionsupervision, and nal completion acceptanceImplement stringent supplier admission evaluations anddynamic performance assessments; establish robustmaterial testing and traceability mechanismsEstablish dedicated customer service hotlines andrapid-response mechanisms; conduct regular customersatisfaction surveys

If engineering quality falls short of standards, itcould directly compromise building safety, shortenthe asset’s service life, and trigger customercomplaints alongside potential safety incidentsSubstandard material quality could lead to projectdelays, cost overruns, and underlying safetyhazardsDecreased customer satisfaction, which adverselyimpacts brand reputation

Substandard ProjectDesign or ConstructionQualityInconsistent Qualityof Engineering andConstruction MaterialsDelayed After-SalesService Response

RisksRisk ImpactMeasures

Impacts, risks, and opportunities management

Indicators and targetsBeijing North Star will continuously consolidate its service and engineering quality management. We are committed tocomprehensively elevating our integrated business operational capabilities and overall project quality, ultimately constructinga high-quality, trustworthy assurance mechanism for both our services and products.

Number of lawsuits involving the safety or health of products or servicesNumber of customer complaints received within the yearProportion of complaints properly responded to and solvedProportion of quality problems occurred in properties during their warranty periods

Number of lawsuits involving the safety or health of houses or servicesNumber of complaints received due to leakage of customer information

Customer satisfaction with services (the customers include but not limited to hotel guests,

oce building tenants, property owners, and exhibition guests)

%CaseCase例%%CaseCase

93.41

1526

98.5

32.5

IndicatorUnit2025

North Star’s Commitment:

Co-Creating a Brighter Future

5253

Dedicated to Giving Back to Society

Supporting rural revitalization

Responding to the citizens’ appeals for their livelihood

Practicing philanthropy and charity

Beijing North Star is committed to building a foundation of responsibility and presenting warming hearts throughphilanthropic endeavors. We steadfastly support rural revitalization, actively respond to the needs of the community,and regularly engage in community care initiatives. By comprehensively fullling our corporate social responsibilities,we strive to align with the progress of our times and advance alongside the well-being of the people.

Leveraging our strategic positioning and unique resources, Beijing North Star is steadily advancing its rural revitalizationassistance programs. We continuously deepen multidimensional initiatives—such as driving industrial development toinvigorate villages, stabilizing employment, and supporting agriculture through consumption. We have established adiversied, long-term assistance framework that encompasses partnered villages both locally and in other regions. Throughthese pragmatic measures, we inject enduring momentum into rural revitalization.

Beijing North Star deeply implements the directives and strategic deployments of the Beijing Municipal Party Committee, theMunicipal Government, and the Municipal SASAC regarding the deepening of the “Swift Response to Public Complaints”reform. Anchored by the core objectives of “rapid response, ecient processing, timely feedback, and proactive governance,”we continuously perfect the organizational mechanisms and institutional frameworks of this response system. By strengtheningproactive governance, we signicantly enhance the quality and eciency of addressing public appeals. In 2025, we receivedand processed 121 citizen hotline work orders. Guided by the fundamental mandate of “resolving the actual issue,” weensured that “every case is accounted for, and every inquiry receives a timely resolution.” Concurrently, in accordance with theoverall requirements for strengthening and improving public grievance mechanisms, Beijing North Star consistently advancesthe rule of law in handling public petitions. During the year, we processed 14 online petition cases via the Beijing MunicipalSASAC’s digital platform and received 7 in-person visits at our headquarters.

Beijing North Star continues to deepen its commitment to philanthropic endeavors. We actively establish volunteer teamsand organize a diverse array of volunteer activities. Through concrete actions, we demonstrate corporate compassion,practice humanistic care, and promote a positive social ethos of striving for progress and benevolence. In 2025, our workforcecontributed a cumulative total of approximately 958 hours of volunteer activities.It regularly holds meetings of the Rural Revitalization Working Group and meetings for First Secretaries stationed in villages to ensure theeective implementation of all initiatives. A Rural Revitalization Leading Group and an operational Working Group have been established,with the Leading Group providing unied command and overall coordination. It has dispatched three highly responsible and dedicatedcadres to serve as First Secretaries in Tanghekou Town, Huairou District. This empowers our cadres to shoulder responsibilities and takeproactive actions on the frontlines of consolidating poverty alleviation achievements and advancing rural revitalization.

Grounded in the actual needs of rural communities, we have established a multidimensional assistance framework that integratesconsumption, philanthropy, industrial development, and Party-building initiatives, thereby systematically empowering localdevelopment.

Strengthening Top-Level Design

Deploying Multidimensional Assistance Initiatives

The CNCC Party Committee and the Party Branch of DazhaziVillage (Tanghekou Town, Huairou District) conduct a jointcommunity-building activity

Consumption-Driven Assistance: Through “Mass Entrepreneurshipand Innovation” procurement, we completed a total of CNY 6.4250million in purchases from partnered regions outside the municipality.Furthermore, we facilitated the sale of 24,250 kg of agriculturalproducts for three partnered villages with vulnerable collectiveeconomies in Tanghekou Town. This initiative generated CNY 365,000in additional income, eectively broadening the market channel forlocal agricultural productsEmployment Assistance: Recruited and hired 34 individuals fromassisted regions, providing stable employment channels for theassisted areasPhilanthropic Assistance: We donated CNY 500,000 to support publicwelfare anti-desertication and ecological restoration projects in theHotan region. Donated RMB 150,000 as a designated fund for post-disaster reconstruction in our partnered villages in Huairou Districtaected by oods (allocated as RMB 50,000 each for Yinhegou Village,Xuying Village, and Dazhazi Village)Party-Building Assistance: Leveraging a “Party-Building+” model,we organized grassroots Party organizations from our subsidiariesto conduct Theme Party Day activities in our partnered villages.Through collaborative exchanges and volunteer labor, we reinforcedthe guiding role of Party building. This approach fosters a mutuallybenecial scenario characterized by “Strong Party Building, ThrivingRural Communities, and a Prosperous Enterprise”

Case

On March 20, 2025, the V-Continent Beijing Parkview Wuzhou Hotel, incollaboration with the Beijing Continental Grand Hotel and Beijing InternationalConvention Center, organized representatives of Party and Youth League membersto visit the Beichendonglu Community for a themed volunteer service activity:

“Learning from Lei Feng, Fostering New Social Trends, Serving the Community,and Dedicating Compassion.” Guided by community workers, the volunteerscollectively cleared dead branches and fallen leaves from the green spaces. Theyalso meticulously pruned overgrown, withered, and disorderly branches. With awell-organized division of labor and seamless teamwork, the group used concreteactions to tangibly improve the community environment.

The Youth League Committees of V-Continent Beijing Parkview Wuzhou Hotel, and the BeijingContinental Grand Hotel and Beijing International Convention Center jointly participate incommunity volunteer services

Volunteers engaged in communityservice

Beijing Capital GroupExhibitions Eventslaunches the “YouthLeague BadgesShining with theSpirit of Lei Feng”volunteer campaign

The CNCC conductsvolunteer serviceactivities in honor of“Lei Feng Day”

5455

Future Prospects

The year 2026 marks the inaugural year of the “15th Five-Year” Plan. Standing at this critical historical juncture and guidedby the “One Body, Two Wings” strategy, Beijing North Star will continue to deeply cultivate its core convention and exhibitionbusiness, while simultaneously driving the development of complementary exhibition supporting services and real estateoperations. Driven by “Coordinated Development and Reform-driven Innovation,” we will deepen industrial integrationand dedicate ourselves to building an industrial ecosystem characterized by end-to-end synergy and comprehensiveempowerment. We will forge ahead resolutely toward our overarching goal: to become a “world-class exhibition event serviceprovider and a leading domestic compound real estate operator and branded company.”Optimizing Governance to Consolidate the Foundation of Development. In 2026, Beijing North Star will center on refinedcorporate governance, continuing to consolidate the achievements of state-owned enterprise reforms. We will perfect the “ThreeMajors and One Large” decision-making framework, optimize our integrated system of legal affairs, compliance, internalcontrols, and risk management, while deepening ESG management and information disclosure. By strictly standardizingcritical procedures such as asset transactions and bidding procurement, we will rmly safeguard the Company’s robust andsteady development.Embracing Low-Carbon Practices to Lead a Green Future. In 2026, Beijing North Star will continuously deepen its DualCarbon initiatives, and further rene its environmental management system by institutionalizing routine energy consumptionmonitoring and carbon accounting. We will place a strategic focus on advancing energy efficiency retrofits for existingbuildings and promoting the application of green building materials. By increasing the proportion of clean energy andenhancing resource circularity, we will explore full-lifecycle green operational models for our projects, thereby accelerating ourgreen and low-carbon transition.Fulfilling Corporate Responsibilities to Co-build a Harmonious Society. In 2026, Beijing North Star will continuously refineour service assurance capabilities for major events and drive the quality enhancement of our products and services. We willdeepen our “Talent-Driven Enterprise” strategy and cultivate a collaborative development ecosystem. Working hand in handwith our partners, we aim to propel industry-wide upgrades. Furthermore, we will actively implement rural revitalizationinitiatives and deepen our community co-construction and philanthropic practices, ensuring that the fruits of our developmentare shared by all.The blueprint has been drawn, and the time to forge ahead is now. Looking ahead, Beijing North Star will take resolute stridesto overcome any challenges along the path. Through united eorts and dedicated perseverance, we will create new miraclesand usher in an even brighter tomorrow for Beijing North Star!

Appendix

Key Performance

Future Prospects / Appendix

Total assetsOwner’s equityOperating revenueTotal protTotal tax paymentReturn on equityDebt-to-assets ratioNumber of Party building activitiesNumber of meetings held by the Board of Directors

Number of independent directors

Proportion of female directorsNumber of sustainability/CSR/ESG training sessionsNumber of participants of sustainability/CSR/ESG training sessions

Hours of sustainability/CSR/ESG training sessions

Nitrogen oxides

Sulfur oxides

Greenhouse gas emission

Total greenhouse gas emissionsScope 1 direct emissionsScope 2 indirect emissionsEmission reduction from trees heldTotal amount of harmless waste generated

Kitchen wasteDomestic garbageTotal harmless waste generated per square meter of oor area

Compliance rate of harmless waste disposalTotal amount of hazardous waste generatedWaste uorescent tubes containing mercury

Number of honors/awards earned for sustainability/CSR/ESG in

the yearNumber of corruption lawsuits led and concluded against the

Company or its employees during the reporting periodNumber of cases involving bribery, extortion, fraud, and money

launderingNumber of employees received anti-corruption and integrity

training in the year

Greenhouse gas emissions per square meter of oor area (Scopes

1 and 2)

CNY 100 millionCNY 100 millionCNY 100 millionCNY 100 millionCNY 100 million%%TimesTimesNo.%TimesPerson-time

Hours

No.CaseCasePerson-timeMetric tons (MT)Metric tons (MT)

kgkgkgkg%kgkg

Metric tons of carbon dioxide

equivalent (MTCO

e)Metric tons of carbon dioxide

equivalent (MTCO

e)Metric tons of carbon dioxide

equivalent (MTCO

e)Metric tons of carbon dioxide

equivalent (MTCO

e)Metric tons of carbon dioxide

equivalent (MTCO

1．2．3．4．5．6．7．8．9．10．11．12．13．14．15．16．17．18．19．20．21．

22．23．24．25．26．27．28．

562.25

155.30

157.51

3.99

14.39

-0.40

72.38

1296

4210环境类绩效

0.667

0.021

61282

60318

0.0759

1014666716776308469037

11.69

3485

2132

488.42

117.67

71.52

-31.52

9.63

-25.06

75.91

1260

8706环境类绩效

0.679

0.021

64566

63600

0.0823

1008332917031778380152

12.86

7115

6432

431.67

91.59

60.60

-29.21

13.65

-36.44

78.78

3199

6084环境类绩效

0.646

0.019

59429

58531

0.1156

680208326393504162733

13.23

1169

S.N.IndicatorUnit202320242025

ESG performance: governance

ESG performance: environmental

5657

S.N.S.N.IndicatorIndicatorUnitUnit202320232024202420252025

Electronic wasteWaste batteriesWaste printer ink cartridgesWaste oil generated from cleaning of air conditioning system

Compliance rate of hazardous waste disposalEnergy consumption

Total energy consumption

Purchased electricity

Natural gas

Gasoline

DieselPurchased heatTotal energy consumption per square meter of oor area

Total water consumptionProportion of purchased tap waterTotal water consumption per square meter of oor area

Sewage discharge

Recycled glass products

Recycled plastic productsNumber of recycled hotel room waste/old towels

Recycled hotel room soapNumber of recycled hotel room toothbrushesNumber of trees held, at height of 5m or aboveNumber of cases involving damage to the natural environmentEnvironmental protection investment in the year

Number of Green Building Certicates

Total number of employeesBy sex

MaleFemaleBy education background

Master degree or higherBachelor degreeAssociate degreeSecondary school education

Others

Total amount of hazardous waste generated per square meter of

oor areaNumber of cases involving illegal discharge of pollutants into

the environment

By age (years old)

~3030~5050~By nationality

Chinese MainlandHong Kong, Macao and TaiwanForeign countriesBy job level

Top managementMiddle management

Non-managementChange in composition of employeesBy sex

MaleFemaleBy age (years old)

~30

30~50

50~By nationality

Chinese MainlandHong Kong, Macao and TaiwanForeign countriesPercentage of employees trainedBy sex

MaleFemaleBy job level

Top managementMiddle management

Non-managementPer capita training durationBy sex

MaleFemale

kgkgkgkgkg%CaseMWhMWhMWhMWhMWhMWhMWhCubic meter

%Cubic meterCubic meter

/CaseCNY 10,000

No.No.No.No.No.No.No.No.No.

No.No.No.No.No.No.No.No.No.%%%%%%%%%%%%%%HoursHours

0.004

128283542024505

69287

0.16

734548

0.91

6757845775487853152701085210715

//社会类绩效

529029802310

17571404

1010

13823236

5285

4741

12.4

13.2

20.5

10.3

6.1

12.8

16.67

99.00

54.60

45.40

0.69

9.10

90.21

33.80

43.56

0.009

135369571044420

73565

0.17

771118

0.98

709428638058430318483

374.6

244010

社会类绩效

511528422273

17741320

11633228

5112

4549

10.4

12.9

25.2

7.9

5.7

11.5

97.89

54.8

45.2

1.48

9.13

89.39

30.00

37.00

0.002

124618527814215

67354

0.24

725008

1.41

68150710188488380106141270259000

1234

社会类绩效

472927012028

16441218

1190

10562997

4728

4162

13.0

18.4

23.7

14.0

11.5

15.8

98.76

54.7

45.3

1.62

9.15

89.23

38.00

40.00

29．30．31．32．33．34．35．36．

37．38．39．40．41．42．43．44．45．46．47．48．49．50．51．52．

53．

54．

55．

56．57．

58．

59．60．61．

62．

ESG performance: social

Appendix

5859

S.N.S.N.IndicatorIndicatorUnitUnit202320232024202420252025

By job level

Top managementMiddle managementNon-managementProportion of female managers (department head or above)

Salary ratio of female employees to male employees

ManagementNon-management employeesNumber of per capita paid vacation days

Labor contract signing rateCoverage of social insuranceCoverage of physical examination for employees

Total investment in work safetyNumber of participants of work safety training

Coverage of work safety trainingNumber of lost workdays due to work-related injury

Number of work-related fatalitiesIncidence rate of work-related accidents recordable within 200,000 hours

Incidence rate of occupational diseases

R&D investmentTotal number of valid patentsSuppliers established long-term partnership with the Company

TotalChinese MainlandTotalChinese Mainland

Number of lawsuits involving the safety or health of products or servicesNumber of customer complaints received within the yearProportion of complaints properly responded to and solvedNumber of lawsuits involving the safety or health of houses or servicesNumber of complaints received due to leakage of customer information

Wherein, suppliers selected and controlled by the Company based on its environmental and social risk control policies

Number of suppliers passed certication of quality, OHSE or energy

management system

Number of cases involving infringement of intellectual property rights by

products or servicesProportion of quality problems occurred in properties during their warranty

periods

Investment in rural revitalization work (including money andmaterials invested in poverty alleviation projects)

Customer satisfaction with services (the customers include but not limitedto hotel guests, oce building tenants, property owners, and exhibition

guests)

HoursHoursHours

%%%Day%%%%DayCase%%Nos.No.No.No.No.No.CaseCase

%Case

%CaseCase

CNY 100million

Person-

time

39.59

45.02

37.32

/3748

0.359

10051005

51.00

47.00

31.00

0.3

5822

957.5

0.361

0.17

55.00

47.00

34.00

0.78

1247123811461137

1526

98.5

32.5

63．

64．65．66．67．68．69．70．71．72．73．74．75．76．77．78．79．80．81．83．84．85．86．87．88．89．

Wherein: total money investedAnd wherein: total materials investedNumber of beneciaries of rural revitalization programs

Times of payments made to persons in need

Total payments made to persons in needNumber of volunteers assigned by the Company

Hours of voluntary activities

90．91．92．93．94．95．96．97．

%82．95.1194.3193.41

CNY 10,000CNY 10,000CNY 10,000

No.Person-timeCNY 10,000

No.Hours

905.5

75.00

830.45

5.2

806.66

50.00

756.66

6.07

745.17

65.00

680.17

8.5

Nitrogen oxide emissions represent the total atmospheric pollutant emissions generated by diesel- and natural gas-fueled equipmentat the Company's held properties within Beijing for the year 2025. The calculation methodologies and relevant emission factors for theseatmospheric pollutants are based on the Manual of Accounting Methods and Coecients for Pollutant Generation and Emission fromStatistical Investigation of Emission Sources.Sulfur oxide emissions represent the total atmospheric pollutant emissions generated by diesel- and natural gas-fueled equipment atthe Company's held properties within Beijing for the year 2025. The calculation methodologies and relevant emission factors for theseatmospheric pollutants reference the Ocial Reply on Issues Concerning the Sulfur Dioxide Emission Coecient of Gas Facilities BurningMunicipal Pipeline Natural Gas in Beijing issued by the former Ministry of Environmental Protection of the People's Republic of China, aswell as the Manual of Accounting Methods and Coecients for Pollutant Generation and Emission from Statistical Investigation of EmissionSources.The calculation methodologies and relevant emission factors for this greenhouse gas emission inventory reference the Guidelines forAccounting and Reporting of Carbon Dioxide Emissions from Enterprises (Entities) in Beijing (2018 Edition) and the Requirements for CarbonDioxide Emission Accounting and Reporting - Power Generation Industry (DB11/T1781-2020) issued by the Beijing Municipal Ecologyand Environment Bureau, as well as the GHG Protocol Corporate Accounting and Reporting Standard issued by the World ResourcesInstitute (WRI) and the World Business Council for Sustainable Development (WBCSD). The calculation scope for the Company's 2025 GHGemissions includes direct GHG emissions generated by gasoline and diesel vehicles, other diesel-fueled equipment, and natural gas-fueledequipment such as gas boilers, as well as indirect GHG emissions resulting from the consumption of purchased electricity and purchasedheat.The calculation scope covers the total annual consumption of the Company's held properties within Beijing. The energy consumption datadisclosed in this report are calculated based on actual energy consumption and the relevant conversion factors provided by the IEA. All discharged wastewater is classied as domestic wastewater.

Appendix

6061

Aspect B1:

Employment

Employment and Labour Practices

Aspect B2:

Health andSafety

Aspect B3:

Developmentand Training

Aspect B4:

LabourStandards

B. SocialSubject Areas,

Aspects

General Disclosures and KPIsReferences/Remarks Index of Indicators

General Disclosure: Information on: the policies; andcompliance with relevant laws and regulations that havea signicant impact on the issuer relating to air andgreenhouse gas emissions, discharges into water andland, and generation of hazardous and non-hazardouswaste.

General Disclosure: Information on: the policies; and compliance withrelevant laws and regulations that have a signicant impact on the issuerrelating to compensation and dismissal, recruitment and promotion, workinghours, rest periods, equal opportunity, diversity, anti-discrimination, andother benets and welfare.

General Disclosure: Information on: the policies; and compliance withrelevant laws and regulations that have a signicant impact on the issuerrelating to providing a safe working environment and protecting employeesfrom occupational hazards.B2.1 Number and rate of work-related fatalities occurred in each of the pastthree years including the reporting year.B2.2 Lost days due to work injury.B2.3 Description of occupational health and safety measures adopted, andhow they are implemented and monitored.General Disclosure: Policies on improving employees’ knowledge and skillsfor discharging duties at work. Description of training activities.B3.1 The percentage of employees trained by gender and employee category(e.g. senior management, middle management).B3.2 The average training hours completed per employee by gender andemployee category.General Disclosure: Information on: the policies; and compliance withrelevant laws and regulations that have a signicant impact on the issuerrelating to preventing child and forced labour.B4.1 Description of measures to review employment practices to avoid childand forced labour.B4.2 Description of steps taken to eliminate such practices when discovered.

B1.1 Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.B1.2 Employee turnover rate by gender, age group and geographical region.A1.1 The types of emissions and respective emissionsdata.A1.2 Total hazardous waste produced (in tonnes) and,where appropriate, intensity (e.g. per unit of productionvolume, per facility).A1.3 Total non-hazardous waste produced (in tonnes)and, where appropriate, intensity (e.g. per unit ofproduction volume, per facility).A1.4 Description of emission target(s) set and steps takento achieve them.A1.5 Description of how hazardous and non-hazardouswastes are handled, and a description of reductiontarget(s) set and steps taken to achieve them.General Disclosure: Policies on the ecient use ofresources, including energy, water and other rawmaterials.A2.1 Direct and/or indirect energy consumption by type(e.g. electricity, gas or oil) in total (kWh in ‘000s) andintensity (e.g. per unit of production volume, per facility).A2.2 Water consumption in total and intensity (e.g. perunit of production volume, per facility).A2.3 Description of energy use eciency target(s) set andsteps taken to achieve them.A2.4 Description of whether there is any issue in sourcingwater that is t for purpose, water eciency target(s) setand steps taken to achieve them.A2.5 Total packaging material used for nished products(in tonnes) and, if applicable, with reference to per unitproduced.General Disclosure: Policies on minimising the issuer’ssignicant impacts on the environment and naturalresources.A3.1 Description of the signicant impacts of activities onthe environment and natural resources and the actionstaken to manage them.

III. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesion

III. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: safeguarding health and safety

III. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: safeguarding health and safetyIII. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesion

III. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesionIII. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesionIII. North Star’s Commitment: Co-Creating aBrighter Future-(I) Building a HarmoniousWorkplace: fostering workforce cohesion

Appendix - Key performance indicators

Appendix - Key performance indicatorsAppendix - Key performance indicators

Appendix - Key performance indicators

II. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: controllingpollution emissionsII. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: controllingpollution emissionsII. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: conservingenergy and resources

II. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: conservingenergy and resourcesII. Green North Star: Pioneering a New Chapter in EcologicalSustainability-(III) Promoting Energy Conservation: conservingenergy and resourcesNot applicable due to the nature of the Company’s business.II. Green North Star: Pioneering a New Chapter in EcologicalSustainabilityII. Green North Star: Pioneering a New Chapter in EcologicalSustainability

Appendix - Key performance indicatorsAppendix - Key performance indicators

Appendix - Key performance indicatorsAppendix - Key performance indicatorsAppendix - Key performance indicatorsAspect A1:

Emissions

AspectA2: Use ofResources

AspectA3: TheEnvironmentand NaturalResources

HKEX ESG

A Environmental

Subject Areas,

Aspects

References/RemarksGeneral Disclosures and KPIs

HKEX ESG

Appendix

6263

AspectB7: Anti-corruption

Community

Climate-related DisclosuresGovernance

Strategy

RiskManagement

Aspect B8:

CommunityInvestment

III. North Star’s Commitment: Co-Creating a BrighterFuture-(III) Leading with Brand Value: forging exceptionalquality

II. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change:

governance

III. North Star’s Commitment: Co-Creating a BrighterFuture-(III) Leading with Brand Value: forging exceptionalqualityAppendix - Key performance indicators

II. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change:

strategyII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change:

impacts, risks, and opportunities managementII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change:

strategyII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change:

impacts, risks, and opportunities managementII. Green North Star: Pioneering a New Chapter inEcological Sustainability-(II) Addressing Climate Change:

impacts, risks, and opportunities management

——I. Beijing North Star’s Governance: Charting a New Coursein Compliance-(III) Commitment to Compliant Operations:

implementing compliance managementIII. North Star’s Commitment: Co-Creating a BrighterFuture-(II) Achieving Mutual Success with Our Partners:

strengthening supply chain managementIII. North Star’s Commitment: Co-Creating a BrighterFuture-(III) Leading with Brand Value: forging exceptionalquality

Not applicable due to the nature of the Company’sbusiness.

II. Green North Star: Pioneering a New Chapter in

Ecological Sustainability-(II) Addressing Climate Change:

impacts, risks, and opportunities management

III. North Star’s Commitment: Co-Creating a BrighterFuture-(III) Leading with Brand Value: forging exceptionalqualityI. Beijing North Star’s Governance: Charting a New Coursein Compliance-(III) Commitment to Compliant Operations:

upholding strong business ethicsI. Beijing North Star’s Governance: Charting a New Coursein Compliance-(III) Commitment to Compliant Operations:

upholding strong business ethics

III. North Star’s Commitment: Co-Creating a Brighter

Future-(IV) Dedicated to Giving Back to Society

III. North Star’s Commitment: Co-Creating a Brighter

Future-(IV) Dedicated to Giving Back to Society

III. North Star’s Commitment: Co-Creating a Brighter

Future-(IV) Dedicated to Giving Back to Society

Appendix - Key performance indicators

I. Beijing North Star’s Governance: Charting a New Coursein Compliance-(III) Commitment to Compliant Operations:

upholding strong business ethicsI. Beijing North Star’s Governance: Charting a New Coursein Compliance-(I) Strengthening the Guidance of PartyBuilding: strengthening Party building

Appendix - Key performance indicators

Aspect B6:

ProductResponsibility

B. SocialSubject Areas,

Aspects

References/RemarksGeneral Disclosures and KPIs

HKEX ESG

B. SocialSubject Areas,

Aspects

References/RemarksGeneral Disclosures and KPIs

HKEX ESG

General Disclosure: Information on: the policies; andcompliance with relevant laws and regulations that have asignicant impact on the issuer relating to health and safety,advertising, labelling and privacy matters relating to productsand services provided and methods of redress.B6.1 Percentage of total products sold or shipped subject torecalls for safety and health reasons.B6.2 Number of products and service related complaintsreceived and how they are dealt with.B6.3 Description of practices relating to observing andprotecting intellectual property rights.B6.4 Description of quality assurance process and recallprocedures.B6.5 Description of consumer data protection and privacypolicies, and how they are implemented and monitored.General Disclosure: Information on: the policies; andcompliance with relevant laws and regulations that have asignicant impact on the issuer relating to bribery, extortion,fraud and money laundering.B7.1 Number of concluded legal cases regarding corruptpractices brought against the issuer or its employees duringthe reporting period and the outcomes of the cases.B7.2 Description of preventive measures and whistle-blowingprocedures, and how they are implemented and monitored.B7.3 Description of anti-corruption training provided todirectors and sta.

General Disclosure: Policies on community engagement tounderstand the needs of the communities where the issueroperates and to ensure its activities take into considerationthe communities’ interests.B8.1 Focus areas of contribution (e.g. education,environmental concerns, labour needs, health, culture, sport).B8.2 Resources contributed (e.g. money or time) to the focusarea.GovernanceClimate-related risks and opportunitiesBusiness model and value chainStrategy and decision-makingFinancial position, nancial performance and cash ows

Climate resilienceRisk Management

Appendix

Operating Practices

Aspect B5:

Supply ChainManagement

General Disclosure: Policies on managing environmental andsocial risks of the supply chain.B5.1 Number of suppliers by geographical region.B5.2 Description of practices relating to engaging suppliers,number of suppliers where the practices are beingimplemented, and how they are implemented and monitored.B5.3 Description of practices used to identify environmentaland social risks along the supply chain, and how they areimplemented and monitored.B5.4 Description of practices used to promote environmentallypreferable products and services when selecting suppliers,and how they are implemented and monitored.

III. North Star’s Commitment: Co-Creating a BrighterFuture-(II) Achieving Mutual Success with Our Partners:

strengthening supply chain managementIII. North Star’s Commitment: Co-Creating a BrighterFuture-(II) Achieving Mutual Success with Our Partners:

strengthening supply chain management

Appendix - Key performance indicators

FeedbackDear readers:

Thank you very much for reading the Beijing North Star 2025 Sustainability/ESG Report. If you have any comments orsuggestions on this Report, please kindly ll in the feedback form below and send it to us by mail, e-mail or fax. We would liketo express our deep gratitude for your valuable comments!

1.Your general impression of this Report:

2. What do you think about this Report in disclosing the significant impacts of the Company on the economy, society and

environment?

3. What do you think about the clarity, accuracy and completeness of the information, data and indicators disclosed in this

Report?

7. Contact information of the Company:

Address: No. 8, the East Beichen Road, Chaoyang District, Beijing CityPost Code: 100101Email: northstar@beijingns.com.cn

4. What aspect of this report are you most satised with?

5. What further information would you like to know?

6. What suggestions do you have for us to release the reports in the future?

□Very good □Good □Average

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□Very good □Good □Average □Poor □I don’t know

Metrics andTargets

II. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: indicators and targetsAppendix - Key performance indicatorsII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunitiesmanagementII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunitiesmanagementII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: impacts, risks, and opportunitiesmanagement

II. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: indicators and targetsAppendix - Key performance indicatorsII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: indicators and targetsAppendix - Key performance indicatorsII. Green North Star: Pioneering a New Chapter in Ecological Sustainability-(II) Addressing Climate Change: indicators and targets

——————

B. SocialSubject Areas,

Aspects

References/RemarksGeneral Disclosures and KPIs

HKEX ESG

Greenhouse gas emission

Climate-related transition risksClimate-related physical risksClimate-related opportunitiesCapital deployment

Internal carbon prices

Remuneration

Industry-based metricsClimate-related targetsApplicability of cross-industry metrics andindustry-based metrics

As assessing the nancial impacts of climate change involves numerous long-term assumptions, the Company is currently evaluatingscenario analysis methodologies tailored to our specic business model. We have not yet established a mature quantitative model or acomprehensive scenario analysis framework. Prematurely disclosing quantied nancial impacts at this stage could lead to skewed results,potentially misleading investors in their decision-making. Consequently, the Company has scheduled the initiation of a formal assessmentregarding the nancial impacts of climate-related risks.Given the vast number and complex structure of suppliers and customers across our upstream and downstream value chain, our currentdata foundation remains relatively limited. To ensure the accuracy and reliability of our information disclosure, we are currently unable toreasonably and accurately quantify all categories of Scope 3 greenhouse gas emissions at this stage. aligned with our strategic imperatives,the Company will progressively establish and optimize a comprehensive data collection and accounting system for Scope 3 emissions in thefuture, steadily advancing our quantication initiatives.Expenditures incurred by the Company to address climate-related risks and opportunities have currently been integrated into our broadermaintenance expenses and annual environmental protection investments. Given the substantial number of associated projects and thecurrent absence of a dedicated accounting classication for climate-related capital expenditures, it is not feasible at this stage to accuratelyisolate data exclusively pertaining to climate risks and opportunities from these general budgets. To address this, the Company plans tointroduce a new tracking and statistical dimension specically dedicated to capital expenditures related to climate risks and opportunities.The Company’s core operations do not fall within high-emission or carbon-intensive industries; therefore, carbon costs do not currently exerta material impact on our operational decisions, product pricing, or return on investment. Based on our climate risk materiality assessment,our current climate management resources are prioritized toward reducing Scope 1 and Scope 2 greenhouse gas emissions and enhancingoverall energy eciency. Consequently, internal carbon pricing has not been incorporated into our short-term management agenda. TheCompany plans to continuously monitor industry best practices and evolving regulatory trends to evaluate the applicability and optimaltiming for implementing an internal carbon pricing mechanism. Should our business structure evolve or regulatory requirements tighten inthe future, we will initiate the design and pilot testing of an internal carbon pricing mechanism at an appropriate juncture.The Company is currently in the foundational stage of building its climate governance framework and has not yet established scientic andquantiable climate performance metrics. Consequently, the prerequisite conditions for linking climate performance to remuneration are notcurrently in place. Moving forward, the Company will explore the formulation of quantiable and assessable climate targets in alignmentwith our overarching strategic imperatives.

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北辰实业(601588)_公司公告_北辰实业：2025年度可持续发展暨ESG报告