On May 18, Beijing Yanjing Brewery Co.Ltd(000729) (hereinafter referred to as " Beijing Yanjing Brewery Co.Ltd(000729) ") announced that Beijing Yanjing Brewery Co.Ltd(000729) held the 14th meeting of the 8th board of directors on May 18, 2022, deliberated and adopted the proposal on electing Mr. Geng Chao as chairman of the 8th board of directors of the company. Geng Chao was elected chairman of the eighth board of directors at the meeting, and his term of office was the same as that of the eighth board of directors.