Genertec Universal Medical : ANNOUNCEMENT IN RELATION TO THE PROPOSED PUBLIC ISSUANCE OF CORPORATE BONDS (TRANCHE 2) IN THE PRC BY CHINA UNIVERSAL LEASING CO., LTD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

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GENERTEC UNIVERSAL MEDICAL GROUP COMPANY

LIMITED

通用環球醫療集團有限公司

(Incorporated in Hong Kong with limited liability)

(Stock Code：2666)

ANNOUNCEMENT IN RELATION TO THE PROPOSED PUBLIC ISSUANCE OF CORPORATE BONDS (TRANCHE 2) IN THE PRC BY CHINA UNIVERSAL LEASING CO., LTD.,

A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

This announcement is made by Genertec Universal Medical Group Company Limited (the "Company") pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

China Universal Leasing Co., Ltd. (中國環球租賃有限公司) (the "Issuer"), a wholly-owned subsidiary of the Company, has received the approval from China Securities Regulatory Commission ("CSRC") on the issuance of the corporate bonds (the "Corporate Bonds") of an aggregate principal amount up to RMB5 billion in the People's Republic of China (the "PRC"). As of the date of this announcement, the balance of the principal amount of the Corporate Bonds was RMB5 billion. The Corporate Bonds will be issued in several tranches, and the principal amount of the Issuer's second tranche of the corporate bonds in 2020 (the "T2 Corporate Bonds") will not exceed RMB1 billion (inclusive). The T2 Corporate Bonds will be in a term of

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five years, at the end of the third year of which the Issuer will be entitled to a repurchase option and a coupon rate adjustment option, while the investors will be entitled to a sell-back option.

The T2 Corporate Bonds will be issued off-line to the qualified investors as defined under the Administrative Measures for the Issuance and Trading of Corporate Bonds (《公司債券發行管 理辦法》) by price enquiring and placing.

Other principal terms of the T2 Corporate Bonds to be issued are as follows:

Place of issuance:	The Shanghai Stock Exchange
Par value:	RMB100.00
Issue price:	RMB100.00
Credit rating:	AAA rating for the Issuer, as assessed by China Chengxin Securities Rating
	Co., Ltd. (中誠信證券評估有限公司) on 17 August 2020.
Trading arrangement:	This T2 Corporate Bonds are expected to be issued off-line from 20 August
	2020.

In accordance with the relevant laws and regulations in the PRC, relevant documents in relation to the Issuer and the T2 Corporate Bonds will be published on the website of The Shanghai Stock Exchange (http://www.sse.com.cn). Shareholders of the Company and potential investors are reminded that such documents were prepared in accordance with the requirements in the PRC and are limited solely to the Issuer, and the information contained therein does not provide a full picture of the operation status of the Company and its subsidiaries.

According to the approval from the CSRC, the issuance of the Corporate Bonds would be completed within 24 months from the date of such approval. Further announcement(s) will be made by the Company in relation to the updated progress of issuance of the T2 Corporate Bonds and the issuance of the remaining bonds, if any, as and when appropriate.

By order of the Board

Genertec Universal Medical Group Company

Limited

通用環球醫療集團有限公司

Peng Jiahong

Executive Director

Beijing, PRC, 19 August 2020

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As at the date of this announcement, the executive directors of the Company are Ms. Peng Jiahong (Vice-chairwoman) and Mr. Yu Gang; the non-executive directors of the Company are Mr. Zhang Yichen (Chairman), Ms. Liu Kun, Mr. Liu Zhiyong, Mr. Liu Xiaoping and Mr. Su Guang; and the independent non-executive directors of the Company are Mr. Li Yinquan, Mr. Chow Siu Lui, Mr. Han Demin and Mr. Liao Xinbo.

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