China Putian Food Holding Limited announced that For the year ended 31 December 2022, board provides an update to the Shareholders and potential investors of the Company that, suffering from the continuing sharp price drop in the pork and live hogs and the extreme bad sentiment of the financing environment in the past few months, the Group faced the extreme difficulty of cashflow operation for maintaining its basic business in the hogs raising industry. Furthermore, under the pressure of the Statutory Demand from the Creditor, the Company is still working very hard for the discussion and negotiation with the Potential New Investor and the Creditor for the possible Financing and Debt Restructuring Plan. Accordingly, the audit progress has been hindered and the proposed plan of action and timeline as mentioned in the announcement of the Company dated 20 July 2023 cannot be fulfilled.

For six months ended June 30, 2023, the Company is required to publish an announcement for the interim results for the six months ended 30 June 2023 (the "2023 Interim Results") not later than two months after the end of the relevant financial period, i.e. on or before 31 August 2023. The Board hereby announces that as the publication of the 2022 Annual Results is still pending, the publication of the 2023 Interim Results will be delayed.