China Demeter Financial Investments Limited announced that, due to the recent COVID-19 Omicron outbreak in Hong Kong, the auditing processes of the financial results of the Group for the year ended 31 December 2021 have been severely affected as the Company's auditors, UniTax Prism (HK) CPA Limited (the "Auditors"), have not been able to perform audit fieldwork of the Company since mid-March 2022. Given that the auditing processes have not been completed as of the date of this announcement and the Auditors require additional time for conducting their audit work, it is anticipated that the Company will not be able to publish the audited consolidated annual results announcement of the Group for the year ended 31 December 2021 (the "Results Announcement") on or before 31 March 2022 in accordance with the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules").