Xinming China Holdings Limited announced reference is made to the announcement of the company dated 31 October 2023. The outstanding financial results were scheduled to be published on 29 December 2023. However, due to the change in auditor, the publication of the Outstanding Financial Results is expected to be further delayed.

As the publication of the Outstanding Financial Results are still pending, the publication and the despatch of the 2022 Annual Report and 2023 Interim Report are also delayed accordingly. Further announcement(s) will be made by the Company in accordance with the Listing Rules and the requirement under the SFO as and when it is appropriate. Pursuant to Rule 13.46(2)(a) of the Listing Rules, the Company is required to send the 2022 Annual Report to its Shareholders not later than four months after the date upon which the financial period ended, that is, on or before 30 April 2023.

Pursuant to Rule 13.46(2)(b) of the Listing Rules, the Company should lay the 2022 Audited Annual Results before its members at its annual general meeting within the period of 6 months after the end of the financial year or accounting reference period to which the annual financial statements relate. Pursuant to Rules 13.49(6) and 13.48(1) of the Listing Rules, the Company is required to: (i) publish the 2023 Unaudited Interim Results on a date not later than two months after the end of that period of six months; and (ii) send the 2023 Interim Report to its Shareholders not later than three months after the end of that period of six months. The delay in publication of the Outstanding Financial Results and the Outstanding Reports by the Company shall constitute a non-compliance with Rule 13.46(2)(a), Rule 13.46(2)(b), Rule 13.49(6) and Rule 13.48(1) of the Listing Rules.

It is expected that the Outstanding Reports will be published shortly after the release of the outstanding financial results.