Global Cord Blood Corporation to Report First Quarter Fiscal 2020 Financial Results

HONG KONG,Aug. 21,2019 --Global Cord Blood Corporation (NYSE: CO) (the "Company") today announced that it plans to release financial results for the firstquarter fiscal 2020 on Tuesday,August 27,2019,after the market close.

The Company will host a conference call at 8:00 a.m. ET on Wednesday,August 28,2019 to discuss its financial performance and give a brief overview of the Company's recent developments,followed by a question and answer session. Interested parties can access the audio webcast through the Company's IR website at http://ir.globalcordbloodcorp.com. A replay of the webcast will be accessible two hours after the conference call and available for 7 days at the same URL as above. Listeners can also access the call by dialing 1-855-824-5644 or 1-646-722-4977,for US callers,or +852-3027-6500,for Hong Kong callers,access code: 62299537#.

Please dial in ten minutes prior to the conference call to ensure proper connection,and be prepared to provide your name and company name to the operator.

Supplemental financial information referenced in the conference call and the firstquarter fiscal 2020 earnings press release will be available at http://www.globalcordbloodcorp.com,in the section titled "Investor Center/Press Release",after 4:16 p.m. ET on Tuesday,and in the Company's Report on Form 6-K for the month of August2019,available on the Securities and Exchange Commission's website at www.sec.gov.

About Global Cord Blood Corporation

Global Cord Blood Corporation is the first and largest umbilical cord blood banking operator in China in terms of geographical coverage and the only cord blood bankingoperator with multiplelicenses. Under current PRC government regulations,only one licensed cord blood bankingoperator is permitted to operate in each licensed region and no new licenses will be granted before 2020 in addition to the seven licenses authorized as of today. Global Cord Blood Corporation provides cord blood collection,laboratory testing,hematopoietic stem cell processing and stem cell storage services. For more information,please visit the Company's website at http://www.globalcordbloodcorp.com.