Colour Life Services Group Co., Limited Board announced that, due to the transfer of a major subsidiary during the year ended 31 December 2021 as disclosed in the announcement of the Company dated 26 October 2021, which caused significant changes in the Group's business, the loss of financial personnel and the recent surge of COVID-19 cases and the implementation of the COVID-19 prevention and control quarantine measures in the Mainland China (in particular, the recent measures applicable in Shenzhen), which brings difficulties in the financial reporting and consolidation process and hampers the audit progress of the Group, the Company will require more time to complete the financial reporting and auditing process, therefore the publication of the preliminary results in respect of the financial year ended 31 December 2021 (the 2021 Annual Results) will be delayed.