The board of directors of China Greenland Broad Greenstate Group Company Limited informed the shareholders of the Company and potential investors of the Company that there will be a delay in the release of its preliminary results in respect of the financial year ended 31 December 2022 as the auditor of the Company requires additional time to receive audit confirmations from the Company's major customers to complete the auditing process. Pursuant to Rules 13.49(1) of the Listing Rules, the Company is required to publish an announcement in relation to its 2022 Annual Results not later than three months after the end of the financial year of the Company (that is on or before 31 March 2023). Under Rule 13.49(2) of the Listing Rules, the preliminary announcement in relation to the 2022 Annual Results shall be based on the Company's financial statements for the year ended 31 December 2022 which shall have been agreed with the Auditor.

The delay in publishing the 2022 Annual Results, if materialized, will constitute non-compliance with Rules 13.49(1) of the Listing Rules. The Board is working closely with the Auditor and has been using its best endeavours to assist and cooperate in order to complete the auditing process as soon as possible. Based on the recent communications with the Auditor, the Company expects that the 2022 Annual Results will be published by the end of April 2023.