Good Friend International : SALES ANNOUNCEMENT

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GOOD FRIEND INTERNATIONAL HOLDINGS INC.

友佳國際控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 2398)

SALES ANNOUNCEMENT

The board of directors of Good Friend International Holdings Inc. (the "Company", together with its subsidiaries, the "Group") shares with the investors and shareholders of the Company the sales of the respective business of the Group for the four months ended 30 April 2021.

Sales of the respective business for the four months ended 30 April 2021

(1) CNC machine tools business

For the four months ended 30 April 2021, the Group sold to customers 599 units in respect of its CNC machine tools business (sales volume for the four months ended 30 April 2020: 434 units), amounting to approximately RMB274.027 million (for the four months ended 30 April 2020: approximately RMB186.899 million), representing an increase of approximately 47% when compared to the same period in 2020.

(2) Parking Garage Structures business

For the four months ended 30 April 2021, the Group sold to customers 3,876 units in respect of its parking garage structures business (sales volume for the four months ended 30 April 2020: 822 units), amounting to approximately RMB43.154 million (for the four months ended 30 April 2020: approximately RMB16.350 million), representing an increase of approximately 164% when compared to the same period in 2020.

(3) Forklift trucks business

For the four months ended 30 April 2021, the Group had no sales to customers in respect of its forklift trucks business (sales volume and sales revenue for the four months ended 30 April 2020 amounted to 101 units and approximately RMB7.986 million respectively).

Accordingly, total sales to customers for the four months ended 30 April 2021 amounted to approximately RMB317.181 million, representing an increase of approximately 50% when compared to the amount of approximately RMB211.235 million for the same period in 2020.

The above information is extracted from the summary internal information of the Group, which has not been reviewed by the auditors of the Company. All information shall be subject to the audited and interim financial information of the Group. Investors and shareholders of the Company are advised not to rely on such information, and the directors of the Company shall not be responsible for any reliance placed thereon. Investors and shareholders of the Company should exercise caution when dealing in the shares of the Company.

By Order of the Board

Good Friend International Holdings Inc.

Chu Chih-Yaung

Chairman

Hong Kong, 10 May 2021

As at the date of this announcement, the Board of the Company comprises (i) three executive directors, namely Mr. Chu Chih-Yaung, Mr. Chen Min-Ho and Mr. Wen Chi- Tang; and (ii) three independent non-executive directors, namely Mr. Koo Fook Sun, Louis, Mr. Yu Yu-Tang and Mr. Kao Wen-Cheng.