Page 1

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 . 瑞 聲 科技 控股 有限公司 AAC TECHNOLOGIES HOLDINGS INC . ( Incorporated in the Cayman Islands with limited liability ) ( Stock code : 2018 ) RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2021 The board ( the " Board " ) of directors ( the “ Director ( s ) " ) of AAC Technologies Holdings Inc. ( " AAC Technologies " or the " Company " ) is pleased to announce the unaudited condensed consolidated results of the Company and its subsidiaries ( collectively referred to as the " Group " ) for the three months ended 31 March 2021 ( “ Q1 2021 ” ) together with the comparative figures for the corresponding period in 2020 ( “ Q1 2020 ” ) . These unaudited condensed consolidated financial statements have been reviewed by the Company's audit and risk committee and approved by the Board on 14 May 2021 . 2021 FIRST QUARTER HIGHLIGHTS ( UNAUDITED ) : ( RMB Million ) Q1 2021 Q1 2020 YoY % Revenue 4,292 3,560 + 20.6 % Gross Profit 1,337 823 + 62.5 % Gross Profit Margin 31.1 % 23.1 % + 8.Oppts Net Profit * 532 53 + 909.6 % Net Profit Margin 12.4 % 1.5 % + 10.9ppts Basic EPS ( RMB ) 0.44 0.04 + 909.6 % Share Numbers ( Weighted average , million ) 1,209 1,209 * Net profit represents profit attributable to owners of the Company . -1-