Goodbaby International Holdings Limited Reports Unaudited Consolidated Sales Results for the Nine Months Ended 30 September 2023

Goodbaby International Holdings Limited is an investment holding company principally engaged in the manufacture and distribution of products for children. The Company operates through three business segments. The Strollers and Accessories segment is engaged in the research, design, manufacture and sales of strollers and accessories under the Company’s own brands and third parties’ brands. The Car-seats and Accessories segment is engaged in the research, design, manufacture and sales of car-seats and accessories under the Company’s own brands and third parties’ brands. The Other Durable Juvenile Products segment is engaged in the research, design, manufacture and sales of cribs and accessories and other children’s products under the Company’s own brands and third parties’ brands. The Company is also involved in the manufacture of baby care products through its subsidiaries.