Zensun Enterprises Limited is required to publish an announcement in relation to its preliminary results in respect of the financial year ended 31 December 2023 not later than three months after the end of the financial year of the Company, i.e. on or before 31 March 2024 and to dispatch the 2023 Annual Report to the shareholders of the Company not more than four months after the end of the financial year of the Company, i.e. on or before 30 April 2024. Under Rule 13.49(2) of the Listing Rules, the preliminary announcement in relation to the 2023 Annual Results shall be based on the Company's financial statements for the year ended 31 December 2023 which shall have been agreed with the auditor of the Company (the ``Auditor''). Due to (i) the resignations of certain key employees of the Company, in particular, those in the finance department, and (ii) there are no sufficient staff to provide all information requested by the Auditor for audit, the finalization of the consolidated financial statements of the Company for the year ended 31 December 2023 and auditing progress have been severely affected.

Additional time is required for the Company and the Auditor to finalize the audited accounts of the Group. As a result, it is expected that the Company will not be able to publish the 2023 Annual Results on or before 31 March 2024 and dispatch the 2023 Annual Report on or before 30 April 2024. The Board has been using its best endeavours to assist and cooperate with the Auditor in order to complete the audit process as soon as possible.

The Company will make further announcement(s) to provide updates on the above matters, including the date of the publication of 2023 Annual Results and the dispatch of the 2023 Annual Report, as and when appropriate in accordance with the Listing Rules and the SFO.