(25 May 2021, Hong Kong) Aoyuan Healthy Life Group Company Limited (“Aoyuan Healthy” or the “Group”; SEHK stock code: 3662), a reputable property management service and commercial property operation service provider in the People’s Republic of China (“PRC”), is pleased to announce the successful conclusion of its annual general meeting. All resolutions have been passed with an overwhelming majority of the votes, reflecting the shareholders’ confidence in and support for the Group’s future development.

The management of Aoyuan Healthy said, “With the joint efforts of the management and all employees, Aoyuan Healthy continued to achieve breakthroughs in every aspect of its business in the past year. The support that the Group has received from the investors and shareholders has laid a solid foundation for its future development. The outstanding results in 2020 has demonstrated the effectiveness of Aoyuan Healthy’s strategic planning and has also indicated the Group’s great potential. Looking ahead, the Group will continue to seek opportunities for investment as it pursues its strategic goal of building a comprehensive platform for healthy life. This is how we will do our best to maximise the shareholder value and returns.”

The Group has been developing its business under its effective strategy for development and policy on management, actively acquiring and integrating resources, while enhancing a stable, long-term partnership with the parent company, China Aoyuan Group Limited (SEHK stock code: 3883). As a result, the Group’s total revenue rose by 56.3% year-on-year to RMB1,408.1 million while its net profit surged by approximately 55.1% to approximately RMB253.0 million for the year ended 31 December 2020. The gross profit margin was 34.2% which remained higher than the industry average. In addition, the inclusion of Aoyuan Healthy in the Hang Seng Property Service and Management Index in April this year is not only a reflection of the confidence of the capital market in the Group's profitability, but also a rare opportunity for the Group's high-quality development.

Looking ahead, Aoyuan Healthy will entrench its root in the Greater Bay Area and take the whole PRC in view. By adhering to the enterprise values of “efficiency, integrity, responsibility, and win-win”, the Group will continue to consolidate commercial operation, property management business, implement refined management and continue to develop the general health and wellness industry predominated by intelligent and healthy elder care business to expand and explore the potential in community value-added services, persist in strengthening the “Health + Technology” segment, and centered on property owners and customers to concentrate on developing life services and medical health and deepening such applications in community properties and commercial centres, so as to construct a comprehensive ecosystem for healthy life and accelerate the pace to become the leading healthy life service group in PRC.