New Focus Auto Tech Holdings Limited announced that pursuant to Rules 13.49(1) of the Listing Rules, the Company is required to publish an announcement in relation to its preliminary results in respect of the financial year ended 31 December 2022 not later than three months after the end of the financial year of the Company, i.e. on or before 31 March 2023. Under Rule 13.49(2) of the Listing Rules, the preliminary announcement in relation to the 2022 Annual Results shall be based on the Company's financial statements for the year ended 31 December 2022 which shall have been agreed with the Company's auditor, namely HLB Hodgson Impey Cheng Limited (the "Auditor"). As additional time is needed to receive original audit confirmations from banks, suppliers and other parties and that the Auditor needs to reassess the scope of its audit work and carry out supplementary audit work due to the short term change of use of proceeds from subscription as announced by the Company on 30 March 2023, the Company will not be able to publish its 2022 Annual Results on or before 31 March 2023.

It is expected that the 2022 Annual Results will be published by the end of April 2023.