The board of directors of Fresh Express Delivery Holdings Group Co. Ltd. announced that, due to the development of the COVID-19, the company would require additional time to prepare the 2020 Annual Results. Due to difficulties of auditing during the COVID-19, the preparation of 2020 Annual Results is delayed as a result of loss and change of human resources in finance department, and the reduction of effectiveness of auditing work. The difficulties in auditing include the commencement of the auditing was delayed due to the COVID-19; the foreign visitors are under mandatory quarantine measures in PRC. The Auditors has to appoint new auditing team in PRC to carry out the auditing work in PRC, and the new auditing team requires additional time to get acquainted; and there are the resignations of employees, with residency in HeNan and HuBei province, in finance department, so the PRC finance department of the Company is facing a shortage on human resources. Accordingly, there will also be a delay in the dispatch of the 2020 Annual Report. The Board acknowledged that the delay in publication of the 2020 Annual Results and the 2020 Annual Report constitutes non-compliance with Rule 13.49(1) and 13.46(2) of the Listing Rules. The Company has applied to and is in the course of seeking a waiver from the Stock Exchange in relation to the further delay in publication the 2020 Annual Results and 2020 Annual Report. The Board informed the Shareholders that the expected date of the publication of 2020 Annual Results will be 21 August 2020 and the expected date of dispatch of 2020 Annual Report will be 30 August 2020.