China Wood Optimization (Holding) Limited announced that the publication of the announcement in relation to the 2020 Preliminary Unaudited Annual Results and the 2020 Annual Results will be delayed, and it is expected that the 2020 Preliminary Unaudited Annual Results will not be available by 31 March 2021; and the 2020 Annual Results will not be available by 30 April 2021. The finalisation of the 2020 Preliminary Unaudited Annual Results and the progress of certain audit field works in the People's Republic of China for the 2020 Annual Results have been disrupted by the work suspension and travel restrictions in force in Hebei of the PRC to combat the outbreak of the coronavirus epidemic during the period from January 2021 to early March 2021. As a result, additional time has been required for the company to finalise the 2020 Preliminary Unaudited Annual Results; and for the auditor of the company to complete its audit work and completing its audit procedures in respect of the 2020 Annual Results.