Pursuant to Rule 13.49 of the Listing Rules, Sino Golf Holdings Limited is required to publish an announcement for the 2022 Audited Annual Results (the 2022 Annual Results Announcement) on a date not later than three months after the full-year reporting period, namely, on or before 31 March 2023. The Board informed the shareholders and potential investors of the Company that there will be a delay in the publication of the 2022 Annual Results Announcement as additional time is needed to address requests from the auditor of the Group in relation to certain management contract entered into by the Group in 2022 and the payments pursuant thereto.