Royale Furniture : CHANGE OF COMPANY NAME, STOCK SHORT NAME AND COMPANY LOGO

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.

ROYALE HOME HOLDINGS LIMITED

皇 朝 家 居 控 股 有 限 公 司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1198)

CHANGE OF COMPANY NAME,

STOCK SHORT NAME AND COMPANY LOGO

CHANGE OF COMPANY NAME

The proposed change of the name of the Company from "Royale Furniture Holdings Limited" to "Royale Home Holdings Limited" has become effective from 10 June 2020 pursuant to the Certificate of Incorporation on Change of Name issued by the Registrar of Companies in the Cayman Islands. The Certificate of Registration of Alteration of Name of Registered Non-Hong Kong Company was issued by the Registrar of Companies in Hong Kong on 17 August 2020 confirming the registration of the new name of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong

Kong). The change of the name of the Company in Chinese for identification purpose from "皇朝傢俬控股有限公司" to "皇朝家居控股有限公司" has also become effective.

CHANGE OF STOCK SHORT NAME

The stock short name of the Company for trading in the Shares on the Stock Exchange will be changed from "ROYALE FURN" to "ROYALE HOME" in English and from "皇朝傢 俬" to "皇朝家居" in Chinese with effect from 9:00 a.m. on 27 August 2020. The stock code of the Company on the Stock Exchange remains unchanged as "1198".

CHANGE OF COMPANY LOGO

The logo of the Company has been changed to "	" to reflect the Change of Company
Name.

*  For identification purposes only

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Reference is made to (1) the announcement of Royale Home Holdings Limited (formerly known as Royale Furniture Holdings Limited) (the "Company") dated 23 April 2020; (2) the circular of the Company dated 29 April 2020 (the "Circular"); and (3) the poll results announcement dated 1 June 2020 of the annual general meeting of the Company (the "AGM"); in relation to the proposed Change of Company Name.

Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

The proposed Change of Company Name was duly passed as a special resolution of the Company at the AGM.

CHANGE OF COMPANY NAME

The Board is pleased to announce that the proposed change of the name of the Company from "Royale Furniture Holdings Limited" to "Royale Home Holdings Limited" has become effective from 10 June 2020 pursuant to the Certificate of Incorporation on Change of Name issued by the Registrar of Companies in the Cayman Islands. The Certificate of Registration of Alteration of Name of Registered Non-Hong Kong Company was issued by the Registrar of Companies in Hong Kong on 17 August 2020 confirming the registration of the new name of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the

Laws of Hong Kong). The change of the name of the Company in Chinese for identification purpose from "皇朝傢俬控股有限公司" to "皇朝家居控股有限公司" has also become

effective.

CHANGE OF STOCK SHORT NAME

The stock short name of the Company for trading in the Shares on the Stock Exchange will be changed from "ROYALE FURN" to "ROYALE HOME" in English and from "皇朝傢俬" to "皇朝家居" in Chinese with effect from 9:00 a.m. on 27 August 2020. The stock code of the Company on the Stock Exchange remains unchanged as "1198".

CHANGE OF COMPANY LOGO

The logo of the Company has been changed to "	" to reflect the Change of Company
Name.

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EFFECTS OF CHANGE OF COMPANY NAME AND STOCK SHORT NAME

The Change of Company Name and change of stock short name of the Company will not affect any rights of the existing Shareholders. All existing share certificates of the Company in issue bearing the previous name of the Company shall continue to be evidence of title to such Shares and valid for trading, settlement, registration and delivery purposes. Accordingly, there will not be any arrangement for the exchange of the existing share certificates for new certificates bearing the new English name and new name in Chinese for identification purpose. Any issue of share certificates thereafter will be in the new English name and new name in Chinese for identification purpose of the Company.

By order of the Board

Royale Home Holdings Limited

Tse Kam Pang

Chairman and Executive Director

Hong Kong, 24 August 2020

As at the date of this announcement, the Board comprises two executive Directors, namely, Mr. Tse Kam Pang (Chairman) and Mr. Yang Jun; four non-executive Directors, namely, Mr. Wu Zhongming, Mr. Wu Dingliang, Ms. Qin You and Mr. Liu Zhijun; and three independent non-executive Directors, namely, Mr. Lau Chi Kit, Mr. Yue Man Yiu Matthew and Mr. Chan Wing Tak Kevin.

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