Ever Sunshine Lifestyle Services : PROPOSED CHANGE OF COMPANY NAME AND STOCK SHORT NAMES

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.

Ever Sunshine Lifestyle Services Group Limited ͑ʺ͛ݺ؂ਕණྠϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1995)

PROPOSED CHANGE OF COMPANY NAME AND

STOCK SHORT NAMES

The Board hereby announces that the Company proposes to change the English name of the Company from "Ever Sunshine Lifestyle Services Group Limited" to "CIFI Ever Sunshine Services Group Limited" and the dual foreign name in Chinese of the Company from "͑ʺ͛ݺ؂ਕණྠϞࠢʮ̡ " to " ϛሾ͑ʺ؂ਕණྠϞࠢʮ̡".

CONDITIONS OF THE CHANGE OF COMPANY NAME

The Change of Company Name is subject to the satisfaction of the following conditions:

(i) the passing of a special resolution by the Shareholders at the Annual General Meeting to approve the Change of Company Name; and

(ii) the Registrar of Companies in the Cayman Islands approving the Change of

Company Name.

Subject to the satisfaction of the conditions set out above, the Change of Company Name will take effect upon the date of the issue of a certificate of incorporation on change of name by the Registrar of Companies in the Cayman Islands confirming that the new English name and the new dual foreign name in Chinese of the Company have been registered. The Company will then carry out the necessary filing procedures with the Companies Registry in Hong Kong.

REASONS FOR THE CHANGE OF COMPANY NAME

The Company became a subsidiary of CIFI Holdings (Group) Co. Ltd ("CIFI", together with its subsidiaries, the "CIFI Group"), the shares of which are listed on the Main Board of the Stock Exchange (stock code: 00884), thus the Company proposes to change the Company Name to reflect the change. The Board considered that the proposed new English name and dual foreign name in Chinese of the Company is more aligned with the Group's long-term development strategy, which will be beneficial to the co-ordination and development of the Group's core business, strengthen the overall branding, and create value to the Shareholders and customers of the Group.

The Board is of the opinion that the Change of Company Name will benefit the future business development of the Company and is in the interests of the Company and the Shareholders as a whole.

EFFECT OF THE CHANGE OF NAME OF THE COMPANY

The Change of Company Name will not affect any rights of the existing holders of securities of the Company or the Company's daily business operation and its financial position.

All existing share certificates in issue bearing the present English name and dual foreign name in Chinese of the Company (the "Existing Share Certificates") shall, upon the Change of Company Name becoming effective, continue to be evidence of legal title to such securities and the Existing Share Certificates will continue to be valid for trading, settlement, registration and delivery purposes. Accordingly, there will not be any arrangement for exchange of the Existing Share Certificates for new share certificates bearing the new English name and dual foreign name in Chinese of the Company. Once the Change of Company Name becomes effective, new share certificates will be issued in the new English name and dual foreign name in Chinese of the Company.

Subject to the confirmation of the Stock Exchange, the English and Chinese stock short names of the Company for trading in the Shares on the Stock Exchange will also be changed upon the Change of Company Name becomes effective.

Further announcement(s) will be made by the Company in relation to the effective dates of the Change of Company Name and the change of the English and Chinese stock short names of the Company.

GENERAL

A circular containing, among other matters, further details of the Change of Company Name, together with a notice of the Annual General Meeting, will be despatched to the Shareholders in due course.

DEFINITIONS

In this announcement, the following expressions have the meanings set out below unless the context requires otherwise:

"Annual General Meeting"	the annual general meeting of the Company to be
held on Wednesday, 2 June 2021, or any
adjournment thereof
"Board"	the board of Directors
"Change of Company	the proposed change of English name of the
Name"	Company from "Ever Sunshine Lifestyle Services
Group Limited" to "CIFI Ever Sunshine Services
Group Limited" and the dual foreign name in
Chinese of the Company from "͑ʺ͛ݺ؂ਕණྠ
Ϟࠢʮ̡ " to " ϛሾ͑ʺ؂ਕණྠϞࠢʮ̡"
"Company"	Ever Sunshine Lifestyle Services Group Limited, a
company incorporated in the Cayman Islands with
limited liability, the Shares of which are listed on
the Main Board of the Stock Exchange (Stock code:
1995)
"Director(s)"	director(s) of the Company
"Group"	the Company and its subsidiaries
"HK$"	Hong Kong dollars, the lawful currency of Hong
Kong
"Hong Kong"	the Hong Kong Special Administrative Region of
the People's Republic of China
"Share(s)"	ordinary share(s) with nominal value of HK$0.01
each in the share capital of the Company
"Shareholder(s)"	holder(s) of the Share(s)
"Stock Exchange"	The Stock Exchange of Hong Kong Limited
By Order of the Board
Ever Sunshine Lifestyle Services Group Limited
Chairman
Hong Kong, 23 March 2021

LIN Zhong

As at the date of this announcement, the executive Directors are Mr. LIN Zhong, Mr. ZHOU Hongbin and Mr. ZHOU Di, the non-executive Director is Mr. LIN Feng; and the independent non-executive Directors are Mr. MA Yongyi, Mr. WANG Peng and Mr. CHEUNG Wai Chung.