The board of directors (the “Board”) of Beijing North Star Company Limited (the “Company”) announces that Ms. CUI Wei (“Ms. CUI”) has tendered her resignation to the Company due to work rearrangement to resign from her position as the financial controller of the Company. According to the Company Law of the People’s Republic of China, the Articles of Association of the Company and related requirements, Ms. CUI’s resignation application has taken effect on 9 June 2020. As of the date of this announcement, Ms. CUI does not hold any underlying shares or other valuable securities associated with the Company. The Company will complete the election of financial controller of the Company in accordance with legal procedures to fill the vacancy as soon as practicable.