Rici Healthcare : (1) CHANGE OF COMPANY SECRETARY (2) CHANGE OF AUTHORISED REPRESENTATIVE; AND (3) CHANGE OF PRINCIPAL PLACE OF BUSINESS IN HONG KONG

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

RICI HEALTHCARE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1526)

1. 1. 1. CHANGE OF COMPANY SECRETARY
   2. CHANGE OF AUTHORISED REPRESENTATIVE; AND
2. CHANGE OF PRINCIPAL PLACE OF BUSINESS IN HONG KONG

The board (the "Board") of the directors (the "Director(s)") of Rici Healthcare Holdings Limited (the "Company") announces that Ms. Chau Hing Ling ("Ms. Chau") has resigned as the company secretary of the Company (the "Company Secretary") and has ceased to act as an authorised representative of the Company (the "LR Authorised Representative") for accepting service of process or notice in Hong Kong pursuant to rule 3.05 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and an authorised representative of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (together with the LR Authorised Representative, collectively, the "Authorised Representatives") with effect from December 31, 2019.

Ms. Chau has confirmed that there are no matters relating to her resignation that need to be brought to the attention of the Stock Exchange and shareholders of the Company.

The Board announces that Mr. Chen Kun ("Mr. Chen") has been appointed as the Company Secretary and the Authorised Representatives with effect from January 1, 2020. Mr. Chen is a practicing solicitor in Hong Kong. Mr. Chen is currently a partner of Jimmie K. S. Wong

• Partners, a solicitor's firm in Hong Kong, and is specialised in corporate finance work. Mr. Chen is a practising solicitor and was admitted as a solicitor in Hong Kong in November 2011. Mr. Chen received his Bachelor of Laws and the Postage Certificate in Laws from the University of Hong Kong.

The Board would like to express its gratitude to Ms. Chau for her valuable contribution to the Company. The Board would also like to take this opportunity to welcome Mr. Chen.

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The Board further announces that the principal place of business of the Company in Hong Kong will be changed to Unit 2413A, 24/F., Tower One, Lippo Centre, 89 Queensway, Admiralty, Hong Kong, with effect from January 1, 2020.

By Order of the Board

Rici Healthcare Holdings Limited

Fang Yixin

Chairman and Executive Director

Shanghai, the PRC, December 31, 2019

As at the date of this announcement, Dr. Fang Yixin, Dr. Mei Hong, Mr. Fang Haoze and Ms. Lin Xiaoying are the executive Directors; Ms. Jiao Yan and Mr. Yao Qiyong are the non-executive Directors; Dr. Wang Yong, Ms. Wong Sze Wing and Mr. Jiang Peixing are the independent non-executive Directors.

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