General Announcement::PARTIAL REPURCHASES OF SENIOR NOTE

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein will not be registered under the Securities Act, and may not be offered or sold in the United States except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and financial statements. The Company does not intend to make any public offering of securities in the United States.

Ronshine China Holdings Limited

融信中國控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 3301)

PARTIAL REPURCHASES OF SENIOR NOTES

Reference is made to the following outstanding senior notes issued by the Company (collectively, the "Notes"):

1. 10.5% senior notes due 2022 (ISIN: XS1957481440) (the "2022 Notes I"); and
2. 8.75% senior notes due 2022 (ISIN: XS1976760782) (the "2022 Notes II").

The board of directors of the Company (the "Board") hereby announces that, during the period from 11 November 2021 to the date of this announcement, the Company has made open market repurchases of part of the Notes in the total principal amount of US$11,910,000 as follows:

Subject to the Board's discretion, the repurchased Notes may or may not be cancelled.

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As of the date of this announcement, in 2021, the Company has repurchased its senior notes in the cumulative total principal amount of US$123.96 million. The Company will continue to monitor market conditions and its financial structure and may further repurchase its senior notes as and when appropriate.

The Company may or may not make any further repurchase of senior notes in the future. Holders of the Notes and potential investors should note that any repurchase of the Notes may be done subject to market conditions and at the Board's absolute discretion. There is no assurance on the timing, quantity or price of any repurchase of the Notes or if any repurchase will be made at all. Holders of the Notes and potential investors are reminded to exercise caution when dealing in the securities of the Company.

By order of the Board of

Ronshine China Holdings Limited

Ou Zonghong

Chairman

Hong Kong, 8 December 2021

As at the date of this announcement, Mr. Ou Zonghong, Ms. Yu Lijuan, Ms. Zeng Feiyan, Mr. Ruan Youzhi and Mr. Zhang Lixin are the executive Directors; Ms. Chen Shucui is the non-executive Director; and Mr. Qu Wenzhou, Mr. Ren Yunan and Mr. Ruan Weifeng are the independent non-executive Directors.

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