HONG KONG SAR - Media OutReach - 5 January 2021 - Developedby Gudou Holdings Limited, Royal SPA Hotel has won the highest honor of"China's Five-Star Hot Spring" among "China's Star Graded HotSpring" hotels.

Royal SPA Hotel has been awarded the honor of "China's Star Graded Hot Spring"(left) and the "China's Five-Star Hot Spring" award plaque(right).

Withthe extraordinary royal garden features, elegant and pleasant natural sceneryand unique appearance, Royal SPA Hotel has been awarded the honor of "China's Star Graded HotSpring" and the "China's Five-Star Hot Spring" award plaque atthe 7th China Hot Spring Tourism Promotion Season Series Activities and the 3rdInternational Conference on Hot Springs and Climate-Aligned Wellness Tourism inChina hosted by the Hot Spring Tourism Branch of China Tourism Association andChongqing Hot Spring Tourism Industry Association in November 2020.

The star rating standard for hot spring tourismenterprises is based on the "Star Classification and Evaluation of HotSpring Tourism Enterprises" (LB/T016-2017) issued by the former NationalTourism Administration, which stipulates the star classification conditions,service quality and operation specifications of hot spring tourism enterprises.According to the overall requirements, hot spring water area, housekeeping,catering, other service items, public and logistics areas and other evaluationcontent, hot spring enterprises are divided into one to five stars, with fivestars being the highest.

Royal SPA Hotel is located in Gudou Hot Spring Resort, anational AAAA-level tourist area. Gudou Hot Spring Resort has six themed hotelcomplexes. In addition to the Royal SPA Hotel,there are also Hot Spring Villa Hotel, Mountain Seaview Hotel, Joyful Hotel,Gudou Lakeview Tulip Inn Hotel and Yuequan Huju Hotel. In addition to HotSpring Valley, the largest hot spring area in the town, consisting of 62 publichot spring pools. There are also recreational facilities such as the World ofMountain Spring Water Planet Galaxy Beach, the glass bridge, the boat rowingaround the lake, and the mountain cable car.

About Gudou Holdings Limited

Gudou Holdings is a hot spring resort and hoteloperator and a tourism property developer in the People's Republic of China("PRC"). It principally engages in (i) the operation and management of the hotspring resort and hotel facilities of Gudou Hot Spring Resort, which is anational AAAA-level tourist area, and provision of consultancy and/or management services; and (ii) thedevelopment and sale of tourism properties in Guangdong Province. The "Gudou"brand is a well-known brand of integrated hot spring resort in the PRC. GudouHoldings operates six theme hotel complexes, namely RoyalSpa Hotel, Hot Spring Villa Hotel, Mountain Seaview Hotel,Joyful Hotel, Gudou Lakeview Tulip Inn Hotel and Yuequan Huju Hoteltogether with a variety of leisure and recreational facilities, including hotspring facilities, hotels, commercial stores, food and beverages outlets,recreational waterpark, a spa centre, a conference centre, parks, touristattractions and other ancillary leisure and recreational facilities.