(4 November 2020 - Hong Kong) China Aoyuan Group Limited (“China Aoyuan” or the “Company”; Stock Code: 3883) announces that Mr. Guo Zi Wen, Chairman of China Aoyuan, has increased his shareholding in the Company by acquiring 1,000,000 shares of China Aoyuan on 4 November 2020, at an average price of HK$7.56 per share for a total consideration of approximately HK$7.56 million. Immediately following the share purchase, the shareholding in the Company of Chairman Guo Zi Wen and Mr. Guo Zi Ning, CEO of China Aoyuan, has become 55.04%.

   On the same day, Chairman Guo Zi Wen also increased his shareholding in Aoyuan Healthy Life Group (“Aoyuan Healthy Life”; Stock Code: 3662), a subsidiary of the Company, by acquiring 1,000,000 shares of Aoyuan Healthy Life, at an average price of HK$5.24 per share for a total consideration of approximately HK$5.24 million.

   In April and June 2020, Chairman Guo Zi Wen and Mr. Chan Ka Yeung Jacky, Executive Director of the Company, also increased shareholding in China Aoyuan by acquiring 1,000,000 shares and 350,000 shares, respectively.