The board of directors of China Wantian Holdings Limited announced that it has resolved to change the financial year end date of the company from 31 March to 31 December (the "Change"). Accordingly, the next financial year end date of the Company will be 31 December 2023 and the next audited consolidated financial statements of the Group will cover the period of nine months from 1 April 2023 to 31 December 2023. The change is to align the financial year end date of the Company with that of the subsidiaries of the Company which were incorporated and are operating in the People's Republic of China with the financial year end date of 31 December in accordance with the relevant statutory requirements.

The Board considers that the Change will better facilitate the preparation of the consolidated financial statements of the Group.