F8 Enterprises (Holdings) Group Limited announced that Under Rules 18.48A and 18.49 of the GEM Listing Rules, the Company was required to publish the announcement in relation to the preliminary audited annual results of the Group for the year ended 31 March 2022 (the ``2022 Audited Annual Results'') on a date no later than three months after the end of the financial year of the Company, i.e. on or before 30 June 2022 and despatch its annual report (the ``2022 Annual Report'') to the shareholders of the Company (the ``Shareholders'') on or before 30 June 2022. However, due to the recent COVID-19 Omicron outbreak, the Company is still in the process of obtaining certain information to be provided to the auditor of the Company, HLB Hodgson Impey Cheng Limited (the ``Auditor''), to complete the audit procedures. In particular, to the best of the knowledge of the directors of the Company (the ``Directors'') having made reasonable enquiries, there are delays in receiving confirmations and gathering information required audit work from Jiangxi Xinji Power Technology Company Limited an associated company of the Company, and Meijia Shell (Global) Lubricant Technology Limited a subsidiary of the Company for the year ended 31 March 2022, due to the continuous implementation of the COVID-19 related prevention, control and quarantine measures in the relevant cities of the People's Republic of China throughout the period from April 2022 to June 2022.

As such, additional time would be required for completion of the audit work in respect of the financial information of the Group for the 2022 Audited Annual Results. In view of the above, the board of Directors (the ``Board'') wishes to inform the Shareholders and potential investors of the Company that it is unlikely that the Company will be able to publish the 2022 Audited Annual Results by 30 June 2022 and despatch the 2022 Annual Report on or before 30 June 2022 in accordance with the GEM Listing Rules. Notwithstanding, the Board wishes to emphasise that the operation of the Group remains normal and that it will continue to work with the Auditor closely to publish the 2022 Audited Annual Results and despatch of 2022 Annual Report to the Shareholders.

The 2022 Audited Annual Results and 2022 Annual Report are expected to be published on or before 22 July 2022. In compliance with the ``Frequently asked questions on the Joint Statement in relation to Results Announcement in light of Travel Restrictions related to the Severe Respiratory Disease associated with a Novel Infectious Agent (Joint Statement) and Holdings of General Meetings'' issued by the Securities and Futures Commission of Hong Kong and the Stock Exchange and last updated on 8 April 2022, an application will be made to the Stock Exchange for approval of the delay in publication of the 2022 Audited Annual Results and 2022 Annual Report and waiver of the Company's strict compliance of the relevant requirement under the GEM Listing Rules in relation to the publication of the 2022 Audited Annual Results and the 2022 Annual Report. As such, the delay of publication of 2022 Audited Annual Results and 2022 Annual Report is subject to the approval to be given by the Stock Exchange.