Roiserv Lifestyle Services : PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

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Roiserv Lifestyle Services Co., Ltd.

榮萬家生活服務股份有限公司

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock code: 2146)

PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

This announcement is made by Roiserv Lifestyle Services Co., Ltd. (the "Company") pursuant to Rule 13.51(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

Reference is made to the announcement of the Company dated 7 February 2021 in relation to the lapse of the Over-allotment Option, stabilizing actions and end of stabilization period (the "Announcement"). Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

The board of directors (the "Board") of the Company hereby announces that, given the Company's initial public offering of overseas listed foreign shares (H Shares) and listing on the Main Board of The Stock Exchange of Hong Kong Limited on 15 January 2021, the Over-allotment Option lapsed on 7 February 2021 and the Sole Global Coordinator (for itself and on behalf of the international underwriters) did not exercise the Over- allotment Option, the share capital of the Company increased from 282,000,000 shares to 376,000,000 shares, the registered capital of the Company increased from RMB282,000,000 to RMB376,000,000. In order to enable the Articles of Association of the Company (the "Articles of Association") to reflect the changes in the number of shares and registered capital after the Company completed the initial public offering of overseas listed foreign shares, the Company proposed to amend the Articles of Association (the "Proposed Amendments").

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The Proposed Amendments to the Articles of Association are as follows:

Existing Articles	Amended Articles
Article 21	Article 21
Prior to the initial public offering of	Prior to the initial public offering of
overseas listed shares, the total number of	overseas listed shares, the total number of
shares of the Company was 282 million	shares of the Company was 282 million
shares while the share capital structure	shares while the share capital structure
of the Company consists of 282 million	of the Company consists of 282 million
ordinary shares, among which 235.527	ordinary shares, among which 235.527
million shares were held by RiseSun Real	million shares were held by RiseSun Real
Estate Development Co., Ltd.; 22.74 million	Estate Development Co., Ltd.; 22.74 million
shares were held by Hebei Zhonghong	shares were held by Hebei Zhonghong
Kaisheng Investment Co., Ltd. and 23.733	Kaisheng Investment Co., Ltd. and 23.733
million shares were held by Xianghe	million shares were held by Xianghe
Shengyide Commercial Consulting Center	Shengyide Commercial Consulting Center
(Limited Partner).	(Limited Partner).
Upon the completion of the initial public	Upon the completion of the initial public
offering of overseas listed shares and if	offering of overseas listed shares and if the
the over-allotment option has not been	overallotment option has not been exercised,
exercised, the share capital structure of the	the share capital structure of the Company
Company includes 376 million ordinary	includes 376 million ordinary shares,
shares, among which, 235.527 million	among which, 235.527 million shares are
shares are held by RiseSun Real Estate	held by RiseSun Real Estate Development
Development Co., Ltd.; 22.74 million	Co., Ltd.; 22.74 million shares are held by
shares are held by Hebei Zhonghong	Hebei Zhonghong Kaisheng Investment
Kaisheng Investment Co., Ltd., 23.733	Co., Ltd., 23.733 million shares are held
million shares are held Xianghe Shengyide	Xianghe Shengyide Commercial Consulting
Commercial Consulting Center (Limited	Center (Limited Partner) and 94 million
Partner) and 94 million shares are held by	shares are held by H-share Shareholders.
H-share Shareholders.
If the over-allotment option is fully	If the over-allotment option is fully
exercised, the share capital structure of the	exercised, the share capital structure of the
Company includes 390.1 million ordinary	Company includes 390.1 million ordinary
shares, among which, 235.527 million	shares, among which, 235.527 million
shares are held by RiseSun Real Estate	shares are held by RiseSun Real Estate
Development Co., Ltd.; 22.74 million shares	Development Co., Ltd.; 22.74 million shares
are held by Hebei Zhonghong Kaisheng	are held by Hebei Zhonghong Kaisheng
Investment Co., Ltd.; 23.733 million shares	Investment Co., Ltd.; 23.733 million shares
are held by Xianghe Shengyide Commercial	are held by Xianghe Shengyide Commercial
Consulting Center (Limited Partner) and	Consulting Center (Limited Partner) and

108.1 million shares are held by H-share108.1 million shares are held by H-share

Shareholders.Shareholders.

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Existing Articles	Amended Articles
Article 22	Article 22
Prior to the initial public offering of	Prior to the initial public offering of
overseas listed shares, the registered capital	overseas listed shares, tThe registered
of the Company was RMB282 million.	capital of the Company wasisRMB282376
million.

The Proposed Amendments comprise amendments to two provisions, with the contents of the other provisions of the Articles of Association remaining unchanged. The Articles of Association is prepared in Chinese with no official English version. Any English translation is for reference only. In the event of any inconsistency, the Chinese version shall prevail.

The Proposed Amendments are subject to the approval by the shareholders of the Company by way of a special resolution at the forthcoming annual general meeting at the Company (the "AGM"). The Company will dispatch a circular containing, among others, a notice at the AGM together with among others, the details of the Proposed Amendments to the shareholders of the Company in due course. The amended Articles of Association shall become effective on the date of the passing of the relevant resolution at the AGM. Prior to the passing of the relevant resolution at the AGM, the existing provisions in the Articles of Association shall remain valid.

By Order of the Board

Roiserv Lifestyle Services Co., Ltd.

Geng Jianfu

Chairman and Executive Director

The PRC, 29 April 2021

As at the date of this announcement, the Board comprises Mr. Geng Jianfu, Mr. Xiao Tianchi and Mr. Liu Yonggang as executive Directors; Mr. Zhang Wenge as non-executive Director; and Mr. Jin Wenhui, Mr. Siu Chi Hung and Mr. Tang Yishu as independent non-executive Directors.

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