Beijing Yunji Technology Co., Ltd. — Capital/Financing Update 2021

May 12, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Incorporated in Bermuda with limited liability) (Stock code: 1196)

VOLUNTARY ANNOUNCEMENT

Reference is made to (i) the offer document issued by Realord Group Holdings Limited (“ Realord ”) dated 5 May 2021 in relation to the Offer (the “ Offer Document ”); (ii); the announcement issued by Realord dated 7 May 2021 in relation to the Offer becoming unconditional in all respects; and (iii) the announcement issued by Realord dated 10 May 2021 in relation to, among other things, the Realord Loan Facility (the “ Realord 10 May Announcement ”).

Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Offer Document and the Realord 10 May Announcement.

UPDATE ON THE REALORD LOAN FACILITY

According to the information provided to the legal advisers of Sincere from the legal advisers of the Lender, the outstanding principal amount under the HK$150 million Loan Facility together with interests accrued thereon calculated up to 12 May 2021 (collectively, the “ Outstanding Amount ”) payable by Sincere to the Lender amounted to HK$151,578,082. The Lender further demanded payment of an additional total amount of HK$730,000 (the “ Indemnified Amount ”) for indemnification of the Lender against the costs and expenses purportedly incurred by the Lender.

On 12 May 2021, Sincere drew down the full amount of the Realord Loan Facility (i.e. HK$152,000,000). Realord is given to understand that on the same day, Sincere has fully repaid the Outstanding Amount and the Indemnified Amount to the Lender by the Realord Loan Facility and for the amount in excess of HK$152,000,000, by its internal resources. Without any undertaking provided by the Lender when accepting the full repayment by Sincere, Realord believes that the charge over the property and assets of Sincere pursuant to the debenture under the HK$150 million Loan Facility will be released and/or discharged by the Lender in due course.

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Realord Shareholders and potential investors are advised to exercise caution when dealing in the securities of Realord.

By order of the board of Realord Group Holdings Limited Lin Xiaohui Chairman

Hong Kong, 12 May 2021

As at the date of this announcement, the executive directors of Realord are Dr. Lin Xiaohui, Madam Su Jiaohua and Mr. Lin Xiaodong and the independent non-executive directors of Realord are Mr. Yu Leung Fai, Mr. Fang Jixin and Dr. Li Jue.

The directors of Realord jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

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