AID Life Science : PROPOSED SHARE CONSOLIDATION AND NOTICE OF EXTRAORDINARY GENERAL MEETING

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult a stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.

If you have sold or transferred all your shares in AID Life Science Holdings Limited (the ''Company''), you should at once hand this circular and the accompanying form of proxy to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or the transferee.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') take no responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any losses howsoever arising from or in reliance upon the whole or any part of the contents of this circular.

AID Life Science Holdings Limited (滙 友 生 命 科 學 控 股 有 限 公 司)*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8088)

PROPOSED SHARE CONSOLIDATION

AND

NOTICE OF EXTRAORDINARY GENERAL MEETING

A notice convening the extraordinary general meeting of the Company to be held at 7/F., Nexxus Building, 77 Des Voeux Road Central, Hong Kong on Thursday, 13 December 2018 at 10:00 a.m. is set out on pages EGM-1 to EGM-3 of this circular. A form of proxy for use at the extraordinary general meeting is enclosed with this circular.

Whether or not you are able to attend the meeting in person, you are requested to complete and return the accompanying form of proxy to the Company's branch share registrar, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17/F, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong, as soon as possible and in any event no later than Tuesday, 11 December 2018 at 10:00 a.m. (Hong Kong time). Completion and return of the form of proxy shall not preclude you from attending and voting at the extraordinary general meeting of the Company or any adjourned meeting thereof should you so wish.

This circular will remain on the ''Latest Company Announcements'' page of the GEM website athttp://www.hkgem.comfor at least 7 days from the date of its posting and on the websites of the Company atwww.8088inc.com.

*

For identification purpose only

23 November 2018

CHARACTERISTICS OF GEM

GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration.

Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board of the Stock Exchange and no assurance is given that there will be a liquid market in the securities traded on

GEM.

CONTENTS

Page

Characteristics of GEM .........................................................

Definitions ......................................................................

Expected timetable ..............................................................

Letter from the Board ...........................................................

i 1 3 5

Notice of EGM .................................................................. EGM-1

- ii -

In this circular, unless the context otherwise requires, the following expressions shall have the following meanings:

''Options''

''RCP Share(s)''

the share option(s) granted by the Company under the Share Option Schemes to subscribe for certain number of Shares redeemable convertible preference share(s) with par value of US$0.0001 each in the share capital of the Company before the Share Consolidation becoming effective

''Share Consolidation''

the consolidation of every twenty (20) issued and unissued Shares or RCP Shares with par value of US$0.0001 each into one (1) Consolidated Share or Consolidated RCP Share with par value of US$0.002

''Shareholder(s)''

holder(s) of the issued Shares or Consolidated Shares, as the case may be

''Share(s)''

ordinary share(s) with par value of US$0.0001 each in the share capital of the Company before the Share Consolidation becoming effective

''Share Option Schemes''

the share option schemes adopted by the Company on 27 March 2002 and 15 April 2014

''Stock Exchange''

The Stock Exchange of Hong Kong Limited

''HK$''

Hong Kong dollar(s), the lawful currency of Hong Kong

''US$''

United States dollar(s), the lawful currency of the United States of America

''%''

per cent.