(5 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 further increased his shareholding in the Company by acquiring 1,800,000 shares of China Aoyuan on 5 November 2020, at an average price of HK$8.06 per share for a total consideration of approximately HK$14.51 million. Together with the 1,000,000 shares acquired on 4 November, Chairman Guo Ziwen has increased his shareholding in the Company by 2,800,000 shares in total. Currently, the shareholding in the Company of Chairman Guo Zi Wen and Mr. Guo Zi Ning, CEO of China Aoyuan, amounts to 55.1%.

  On the same day, Chairman Guo Zi Wen further increased his shareholding in Aoyuan Healthy Life Group (“Aoyuan Healthy Life”; Stock Code: 3662), a subsidiary of the Company, by acquiring 660,000 shares of Aoyuan Healthy Life, at an average price of HK$5.52 per share for a total consideration of approximately HK$3.64 million. On 4 November, Chairman Guo Zi Wen also increased his shareholding in Aoyuan Healhty Life by acquiring 1,000,000 shares.