Colour Life Services Group Co., Limited (“Colour Life” or the “Company”, stock code: 1778)commenced dealingsin its Shareson the Main Board of The Hong Kong Stock Exchange Limited today.

Shares of the Company were actively traded on the first day of listing, with an intraday high of HK$4.75 each and closed at HK$4.60, representing an increase of approximately21.69%fromthe offerprice of HK$3.78. Total trading volume was approximately 80.28millionshares today, representing an aggregate turnover of approximately HK$343.28million.

Commenting on the positive reactionof the market,PANJun,Chairman and Non-executive Director of the Company,said,“The successful listing is an important milestone for the Company. I, on behalf of the Company, would like to express our deepest gratitude to the investors for their recognition and support. The outstanding performance of the share price on the first trading day has given great encouragement to us. It also reflects the strengths of the Company and investors’ confidence. The successful listing of the Company marks a new starting point for our business and a new round of rapid development. Looking forward, we will work ever harder to create a more innovative Colour Life, to pave the way for further development, and strive for maximum return for our shareholders.”

Merrill Lynch Far East Limited and Guotai Junan Capital Limited are the Joint Sponsors, Merrill Lynch International and Guotai Junan Securities (Hong Kong) Limited are the Joint Global Coordinators, Merrill Lynch International, Guotai Junan Securities (Hong Kong) Limited, China Merchants Securities (HK) Co., Limited and First Shanghai Securities Limited are the Joint Bookrunners, Merrill Lynch Far East Limited (in relation to the Hong Kong Public Offering only), Merrill Lynch International (in relation to the International Offering only), Guotai Junan Securities (Hong Kong) Limited, China Merchants Securities (HK) Co., Limited and First Shanghai Securities Limited are the Joint Lead Managers.