China Overseas Nuoxin International Holdings Limited announced that pursuant to Rule 13.49(1) of the Listing Rules, the Company is required to publish an announcement for the annual results of the Group for the year ended 31 March 2023 (2023 Annual Results) on a date not later than three months after the end of the financial year of the Company, namely, on or before 30 June 2023. Under Rule 13.49(2) of the Listing Rules, the preliminary announcement in relation to the 2023 Annual Results shall be based on the Group's consolidated financial statements for the financial year ended 31 March 2023 which shall have been agreed with the auditor of the Company. The board of directors of the Company informed the shareholders of the Company (the "Shareholders") that the Company will not be able to publish the 2023 Annual results on or before 30 June 2023 in accordance with Rules 13.49(1) and (2) of the Listing Rules as additional time is required for the Company to send and receive audit confirmations to and from banks, suppliers and customers, as well as to gather and provide the necessary documents and information requested by the Auditor to complete the audit of the 2023 Annual Results. The Board and the management of the Company will continue to work closely with the Auditor so as to facilitate the completion of the remaining audit procedures and to publish the 2023 Annual Results. The Company will use its best endeavours to publish the 2023 Annual Results as soon as practicable and despatch the annual report of the Company for the year ended 31 March 2023 on or before 31 July 2023 in compliance with Rule 13.46(2)(a) of the Listing Rules and make further announcements as and when appropriate, to inform the Shareholders regarding the date of publication
of the 2023 Annual Results and the 2023 Annual Report.