Wenzhou Kangning Hospital : VOLUNTARY ANNOUNCEMENT - PRINCIPAL OPERATING DATA AND INDICATORS FOR THE THREE MONTHS ENDED MARCH 31, 2021 AND THE FIRST QUARTER 2021

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VOLUNTARY ANNOUNCEMENT

PRINCIPAL OPERATING DATA AND INDICATORS

FOR THE THREE MONTHS ENDED MARCH 31, 2021 AND

THE FIRST QUARTER 2021

This is a voluntary announcement made by Wenzhou Kangning Hospital Co., Ltd. (the "Company") to keep the shareholders of the Company and potential investors informed of the latest business developments of the Company and its subsidiaries (the "Group").

The table below sets forth the relevant operating data and indicators of the Group's owned hospitals by inpatients and outpatients for the three months ended March 31, 2021 with comparative figures for the three months ended March 31, 2020:

	For the three months
	ended March 31,
						Year-
						on-year
	2021	2020		changes
Inpatients
Number of inpatient bed-days	609,867	478,023		27.6%
Average inpatient spending per bed-day on treatment
and general healthcare services (RMB)	321		304		5.6%
Average inpatient spending per bed-day on
pharmaceutical sales (RMB)	57		51		11.8%
Total average inpatient spending per bed-day(RMB)	378		355		6.5%
Outpatients
Number of outpatient visits	78,056	56,896		37.2%
Average outpatient spending per visit on treatment
and general healthcare services (RMB)	133		104		27.9%
Average outpatient spending per visit on
pharmaceutical sales (RMB)	348		406		-14.3%
Total average outpatient spending per visit (RMB)	481		510		-5.7%

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The above operating data and indicators are based on the Company's records and have not been audited or reviewed by the Company's auditors. Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

Wenzhou Kangning Hospital Co., Ltd.

GUAN Weili

Chairman

Zhejiang, the PRC

April 7, 2021

As of the date of this announcement, the Company's executive Directors are Mr. GUAN Weili, Ms. WANG Lianyue and Ms. WANG Hongyue; the non-executive Directors are Mr. YANG Yang and Mr. LIN Lijun; and the independent non-executive Directors are Mr. ZHAO Xudong, Ms. ZHONG Wentang and Mr. LIU Ning.

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