Yantai North Andre Juice : ANNOUNCEMENT APPROVAL BY THE CSRC ON THE A SHARE OFFERING

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Yantai North Andre Juice Co., Ltd.*

ANDRE	(a joint stock limited company incorporated in the People's Republic of China)
	(Stock code : 02218)

ANNOUNCEMENT

APPROVAL BY THE CSRC ON THE A SHARE OFFERING

Reference is made to the announcements dated 30 August 2017, 20 December 2018, 18 January 2019, 4 March 2019 and 30 July 2020, and circulars dated 9 October 2017, 16 May 2018, 10 May 2019 and

8 April 2020 (the "Circulars") of Yantai North Andre Juice Co., Ltd.* (the "Company") in relation to, among other things, the A Share Offering of the Company. Unless otherwise defined, capitalized terms used herein have the same meanings as defined in the Circulars.

The Company is pleased to announce that the CSRC notified the Company officially in writing on 28 August 2020 and announced on the same day that the A Share Offering has been approved. The number of Shares to be issued in respect of A Share Offering will be no more than 20,000,000 A Shares, with a valid period of 12 months from the date of approval.

Further announcement(s) regarding major progress of the A Share Offering will be made by the Company as and when appropriate.

By order of the Board

Yantai North Andre Juice Co., Ltd.*

Wang An

Chairman

Yantai, the PRC, 28 August 2020

As at the date of this announcement, the executive Directors are Mr. Wang An, Mr. Zhang Hui and Mr. Wang Yan Hui, the non-executive Director is Mr. Liu Tsung-Yi, and the independent non- executive Directors are Mr. Jiang Hong Qi, Mr. Li Wei and Mr. Li Yao.

• For identification purposes only