CA Cultural Technology : (1) FURTHER DELAY IN PUBLICATION OF AUDITED ANNUAL RESULTS ANNOUNCEMENT; AND (2) NOTICE OF BOARD MEETING

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CA CULTURAL TECHNOLOGY GROUP LIMITED

華 夏 文 化 科 技 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 01566)

1. FURTHER DELAY IN PUBLICATION OF AUDITED ANNUAL RESULTS ANNOUNCEMENT; AND
2. 1. NOTICE OF BOARD MEETING

References are made to the announcements (the "Announcements") of CA Cultural Technology Group Limited (the "Company", together with its subsidiaries, the "Group") dated 17 June 2020, 30 June 2020 and 31 July 2020 in respect of, among others, the delay in publication of Audited Annual Results. Capitalised terms used in this announcement shall adopt the same meaning as defined in the Announcements, unless the context requires otherwise.

FURTHER DELAY IN PUBLICATION OF AUDITED ANNUAL RESULTS

As disclosed in the Announcements, due to the COVID-19 outbreak and the continuing quarantine policies adopted and implemented worldwide, the audit work in respect of several subsidiaries of the Group located in the PRC and Japan (the "Subsidiaries") has been delayed.

The Company was informed by the Auditors that based on the existing progress of outstanding audit work including the Auditor's obtaining relevant audit schedule and selected original supporting documents in relation to the Subsidiaries, the date of publication of the announcement in respect of the Audited Annual Results is expected to be further delayed to 28 August 2020.

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NOTICE OF BOARD MEETING

The Board hereby announces that a meeting of the Board will be held on Friday, 28 August 2020 for the purpose of, among other matters, approving the Audited Annual Results of the Group for the financial year ended 31 March 2020 and its publication (the "Board Meeting").

Further announcement(s) shall be published in relation to any change on the date(s) of publication of the Audited Annual Results and/or the Board Meeting as soon as practicable.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in securities of the Company.

By order of the Board

CA CULTURAL TECHNOLOGY GROUP LIMITED

CHONG Heung Chung Jason

Chief Executive Officer and Executive Director

Hong Kong, 17 August 2020

As at the date of this announcement, the Board comprise six Directors. Mr.CHONG Heung Chung Jason (Chief Executive Officer), Mr. TING Ka Fai Jeffrey and Ms. LIU Moxiang are executive Directors and Mr. NI Zhenliang, Mr. TSANG Wah Kwong and Mr. HUNG Muk Ming are independent non-executive Directors.

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