Aoyuan Healthy Life : VOLUNTARY ANNOUNCEMENT - INCREASE IN SHAREHOLDING BY DIRECTORS

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3662)

VOLUNTARY ANNOUNCEMENT

INCREASE IN SHAREHOLDING BY DIRECTORS

This announcement is made by Aoyuan Healthy Life Group Company Limited (the "Company", together with its subsidiaries, the "Group") on a voluntary basis.

The board (the "Board") of directors (the "Directors") of the Company was informed by Mr. Tao Yu ("Mr. Tao"), an executive Director, that on 21 April 2021 and 22 April 2021, Mr. Tao acquired a total of 200,000 ordinary shares of the Company (the "Shares") on the market for an aggregate consideration of approximately HK$993,230 (representing an average price of approximately HK$4.97 per Share) ("Mr. Tao's Acquisitions"). Immediately following Mr. Tao's Acquisitions, Mr. Tao is interested in 3,600,000 Shares, representing approximately 0.50% of the total issued share capital of the Company as at the date of this announcement.

The Board was also informed by Mr. Ruan Yongxi ("Mr. Ruan"), a non-executive Director, that on 12 April 2021, Mr. Ruan acquired 200,000 Shares on the market for an aggregate consideration of approximately HK$998,000 (representing an average price of approximately HK$4.99 per Share) ("Mr. Ruan's Acquisition", together with Mr. Tao's Acquisitions, the "Acquisitions"). Immediately following Mr. Ruan's Acquisition, Mr. Ruan is interested in 278,000 Shares, representing approximately 0.04% of the total issued share capital of the Company as at the date of this announcement.

Mr. Tao and Mr. Ruan have respectively informed the Company that they do not rule out the possibility of further increasing their respective shareholdings in the Company as they feel appropriate in the future, subject to compliance with applicable legal and regulatory requirements.

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The Company believes that the Acquisitions fully demonstrate the confidence of Mr. Tao and Mr. Ruan in the overall development prospects and potential growth of the Group.

Based on the information available to the Company and to the best knowledge of the Board, the Company has maintained sufficient public float of the issued Shares following the Acquisitions and as at the date of this announcement.

Shareholders and potential investors of the Company are advised to pay attention to investment risks and exercise caution when they deal or contemplate dealing in the securities of the Company.

By the order of the Board

Aoyuan Healthy Life Group Company Limited

Guo Zining

Chairman

Hong Kong, 22 April 2021

As at the date of this announcement, the executive Directors are Mr. Tao Yu and Mr. Zheng Wei; the non-executive Directors are Mr. Guo Zining and Mr. Ruan Yongxi; and the independent non-executive Directors are Mr. Hung Ka Hai Clement, Dr. Li Zijun and Mr. Wang Shao.

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