Radiance Holdings (Group) Company Limited (the ?Company?, together with its subsidiaries, the ?Group?) announced that reference is made to the 7.8% senior notes due 20 March 2024 (the ?2024 Notes?) issued by the group and listed on The Stock Exchange of Hong Kong Limited. This announcement is made by the Company, pursuant to Rule 13.09, 13.19, 37.47A, 37.47B, 37.47E of the Rules Governing the Listing of Securities (the ?Listing Rules?) on The Stock Exchange of Hong Kong Limited (the ?Stock Exchange?) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ?SFO?). Pursuant to the terms of the 2024 Notes, all outstanding principal amount of the 2024 Notes together with any accrued and unpaid interest thereon are due and payable on the maturity date of 20 March 2024.

As at the date of this announcement, the Company has not made payment of the total outstanding principal of the 2024 Notes of USD 300,000,000. The Group is using its best endeavors to resolve and strives to maintain close communications with the noteholders, seeking out the optimal solution to ensure that the interests of all stakeholders are safeguarded. The board of directors of the Company is of the view that the aforesaid circumstances do not have any potential material impact on the business operations of the Group.

The Company will make further announcement(s) as and when appropriate in accordance with the requirements of the Listing Rules, the SFO and/or other applicable laws and regulations.