Jiu Rong Holdings Limited announced that as disclosed in the 2019 Unaudited Annual Results Announcement, due to the quarantine requirements of travelers were imposed in various areas in China in an attempt to contain Coronavirus disease 2019, auditors of the Company are unable to conduct field works in China, as a result, the auditing process for the annual results for the year ended 31 December 2019 has not been completed. The board announced that, based on the latest development and progress of the auditing process, additional time is required for the completion of the auditing process for the 2019 Annual Results. Based on the recent discussion with the Company's auditor, the Company currently expects that, barring unforeseen circumstances, the completion of the audit procedures will be delayed and completed on or before 29 May 2020, and therefore the Company expects that the audited annual results announcement for the year ended 31 December 2019 and the 2019 Annual Report will be published on or before 29 May 2020.