CNNC International Limited announced that references are made to the announcement of CNNC International Limited (the "Company") dated 29th April, 2021 in relation to the delay in publication of the audited consolidated results of the Company and its subsidiaries (the "Group") for the year ended 31st December, 2020 (the "FY 2020") and the announcement of the Company dated 31st May, 2022 in relation to the updates in relation to the publication of the audited consolidated results of the Group for the Fiscal Year 2020 and for the year ended 31st December, 2021 (the "FY 2021") (collectively, the "Announcements"). Unless the context requires otherwise, terms used in this announcement shall have the same meanings as defined in the Announcements. As indicated in the Announcements, it was expected that an announcement relating to the audited consolidated annual results of the Group for the Fiscal Year 2020 would be published by the end of June 2022, and that for the Fiscal Year 2021 would be published by the end of July 2022.

Pursuant to recent communications with the Auditors, the Company has been informed that additional time is required for the Auditors to review the findings of the Independent Investigation Report before the finalisation of the audit work on the annual results of the Group for the Fiscal Year 2020 and the Fiscal Year 2021. Based on the on-progress communications with the Auditors, the Company expects that the audited consolidated results of the Group for the Fiscal Year 2020 will be published around the mid of July 2022, while the timeframe for the publication of the Fiscal Year 2021 audited consolidated results remains unchanged, which will be published by the end of July 2022. The Company has been using its best endeavors to assist the Auditors in performing and completing their remaining audit work.

Following the completion of the auditing process, the Company will issue further announcement(s) in relation to the audited consolidated annual results for the Fiscal Year 2020 and the Fiscal Year 2021 as agreed by the Auditors and the material differences (if any) as compared with the unaudited consolidated annual results for the respective years published by the Company. In addition, the Company will issue further announcement(s) as and when necessary if there are other material developments in the completion of the investigation and audit process.