Dexin China Holdings Company Limited announced that as disclosed in the Announcement, additional time is required for obtaining outstanding receipt of confirmations with material balances and assessing various valuation by the auditors. The outstanding audit confirmations with material balances which has yet to be obtained mainly relate to other receivables and other payables with a respective response rate of approximately 66% and 68% as of 8 April 2024 as there are discrepancies on certain balances between external parties and the Company which has delayed the receipt of confirmation. The Company has been actively liaising with the external parties and auditors to ensure that the audit confirmations will be received as soon as practicable.

The Company has appointed Savills Valuation and Professional Services (China) Limited who has completed valuation of investment properties. The auditor is currently assessing various valuation with appropriate audit procedures (including but not limited to valuation of investment properties, impairment on investment accounted for using equity method, impairment of the properties under development and held for sale, and cash flow forecasts). The Company is working closely with the auditors in order to complete the audit procedures as soon as possible.

Based on the information currently available to the Company, it is expected that the Annual Results would be published on 25 April 2024.