Perfect Shape Medical : UNAUDITED OPERATIONAL UPDATE - BUSINESS PERFORMANCE FOR THE FIRST 60 DAYS AFTER ADOPTION OF "MEDICAL+BEAUTY" OPERATIONAL MODEL

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PERFECT SHAPE MEDICAL LIMITED

必 瘦 站 醫 學 美 容 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1830)

UNAUDITED OPERATIONAL UPDATE

BUSINESS PERFORMANCE

FOR THE FIRST 60 DAYS AFTER

ADOPTION OF "MEDICAL+BEAUTY" OPERATIONAL MODEL

Reference is made to the announcement of Perfect Shape Medical Limited (the "Company") dated 30 November 2020 (the "Announcement") in relation to the Company's first specialties in pain relief treatment and medical beauty service center (the "Medical+Beauty Center") in Hong Kong. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

The board of directors (the "Board") of the Company is pleased to announce the unaudited operational update of the Medical+Beauty Center which adopted the "Medical+Beauty" operational model for the first 60 business days (except for compulsory closure days due to COVID-19 prevention measure as imposed by the Hong Kong Government) commencing from 30 November 2020 (the "Period").

Benefiting from the service of medical (pain management) plus beauty within the same center, the sales contracts of this Medical+Beauty Center achieved a "world record high" among the service centers of the Group in the amount of HK$44.8 million during the Period. The average spending per customer of the Medical+Beauty Center was substantially boosted by 23.1% compared with other service centers in Hong Kong. Looking ahead, this "Medical+Beauty" operational model can achieve the business synergy with medical healthcare business among the ecosystems of the Group and to simultaneously enhance customers' long term stickiness and lifetime value.

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The Board wishes to remind shareholders and potential investors of the Company that, the above information is based on the Board's preliminary review of the internal data currently available and gathered by the Company only, and the said information and data have not been reviewed, confirmed, nor audited by the auditors of the Company and may be subject to adjustment. The overall performance of the Group for the Period could be affected by other factors and therefore, the operational data disclosed in this announcement for the Period may not reflect the overall performance of the Group for the same reporting period.

Shareholders and potential investors of the Company are advised not to place any reliance on such data disclosed in this announcement, and are advised to exercise due caution when dealing in the shares of the Company. When in doubt, investors are advised to seek professional advice from professionals or financial advisers.

By order of the Board

Perfect Shape Medical Limited

So Hin Lung

Company Secretary

Hong Kong, 19 April 2021

As at the date of this announcement, the Board comprises Dr. Au-Yeung Kong, Ms. Au-Yeung Wai and Ms. Au-Yeung Hung as executive Directors and Ms. Hsu Wai Man, Helen, Ms. Cho Yi Ping and Mr. Chi Chi Hung, Kenneth as independent non-executive Directors.

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