China Oil And Gas Group Limited announced that the Company is required to publish an announcement for the 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 31 March 2024. Under Rule 13.49(2) of the Listing Rules, the preliminary announcement in relation to the 2023 Annual Results shall be based on the Company's financial statements for the financial year ended 31 December 2023, which shall be agreed with the Company's auditors. The Board announced that the Company foresees that it will not be able to publish the 2023 Annual Results by 31 March 2024 due to the reason that the Company is still in the process of collating the necessary information and documents from its subsidiaries as required by the auditor of the Company to complete the audit process.

Hence, the Auditor requires more time to complete their relevant audit procedures to finalise the 2023 Annual Results. The delay in publication of the 2023 Annual Results constitutes non-compliance of Rule 13.49(1) of the Listing Rules.