Explore new field to raise fund, set up new image of brand
   --Beijing Urban Construction Design & Development Group Co., Limited. goes public in Hong Kong

Beijing Urban Construction Design & Development Group Co., Limited. (1599HK) was listed at the Hong Kong Stock Exchange and issued its shares worldwide on July 8, 2014. The listing made it the second listed company under Beijing Urban Construction Group. Xu Jianyun, chairman of board of Beijing Urban Construction Group, Yao Guanghong, Discipline Committee and chairman of the Supervisors Committee of the Urban Construction & Design Company, Zhang Fengchao, independent board member of the Urban Construction & Design Company, Wang Liping, deputy general manager of the Beijing Urban Construction Group and chairman of board of Urban Construction & Design Company, Hou Zibo, general manager of Beijing Enterprises Group Company Ltd, Su Bin, deputy general manager of Beijing Rail Transport Management Company, Kong Lingbin, deputy general manager of Beijing Gonglian Company, Xie Guoguang, chief accountant of China Architecture Design & Research Group, Wang Hanjun, general manager of Beijing Construction Design & Development Group, and Li Guoqing, Party chief of Beijing Construction Design & Development Group, and the senior executives of the Urban Construction Design & Development Group witnessed the historical moment on the opening day of 1599HK. At half past nine, along with the drum played by Chairman of Board Xu Jianyun, the stock of the company opened at a price 13.6% higher than the issuance price.

It took Beijing Urban Construction Design & Development Group three years to get listed at the Hong Kong Stock Exchange. During the three years, it experienced the flows of equity purchase, increased investment from group, selection of intermediary, accountability investigation, and decision of plans, assessment and actuarial studies, introduction of strategic investors, expansion of new business, and internal control and correction. It was successfully included into the General Contract Department of Rail Engineering in 2012. In May the following year, it introduced seven strategic investors such as Beijing Infrastructure Investment Ltd, Beijing Rail Transport Management Company, Beijing Gonglian Company, and Beijing Jingguofa Equity Investment Fund. The company held the meeting to set up the joint stock limited company on Oct. 22, 2013. By the end of 2013, the company officially submitted its application to China Securities Regulatory Commission and gained the letter for handling on January 10. Later, the company actively organized to prepare for the prospectus and related documents while actively contacting with many other companies. Eventually, it chose four famous groups of CSR Corporation Limited, Capital Group, China Architecture Design & Research Group and Beijing Enterprises Group Company Limited as cornerstone investors, laying a solid foundation for the successful issuance of the stock. It also fully showed the recognition of the urban construction and design brand in the sector and among correlate companies. On June 24, 2014, the senior executives of the company went to Hong Kong, Singapore and the US to stage a road show for the listing. On the same day, shares of Beijing Urban Construction Design & Development Group were publicly issued.

In recent years, as the IPO of the A-share on the Chinese mainland suspended, a group of domestic companies found its way to be listed in Hong Kong to raise fund, making the competition fierce for domestic companies to be listed in Hong Kong. At the same time, affected by the global financial crisis, the Hong Kong stock market suffered from a downturn recently. These unfavorable factors have perplexed greatly to the listing of the company. However, under the guidance of the overall development strategy of the Group and support of the leaders and departments of the Group, supported by the brilliant performance of the company, with meticulous documentation and outstanding executive capacity, the Hong Kong and overseas market kept high recognition and gave high attention to the stock of the company. During the process of the road show and subscription, the stock of the company gained popularity and attention of many famous foundation corporations in Hong Kong and worldwide. Four corporations among the top 10 foundation corporations in the world bought the stock of the company, which is a rare scene in the sluggish stock market in Hong Kong.

The successful listing of the Urban Construction Design block is another event in the history of the Urban Construction Group. As one of the three pillars of the Group, the successful listing of the design sector has explored a new industrial layout for the Group, opened a new channel for fund-raising and forged the new image of international brand of urban construction. As a leading enterprise in the sector of urban rail transport design and consultation in China, the successful listing of the urban construction design fully shows the excellent operation capacity, distinctive profit-making capability and the strong momentum of growth of the Urban Construction Design & Development Group. It also injects super energy for the future urbanization construction, rail transport and infrastructure construction in China.

It is learnt that the fund raised from the listing this time will be mainly used to supplement the fund for design, survey, consulting projects and engineering contracts, as well as development, cooperation or acquisition to further enhance the R&D capability of the enterprise. A small part will be used for the purchase of engineering machinery and informatization construction.