Da Sen Holdings Group Limited resolved to change the financial year end date of the Company from December 31 to March 31 with immediate effect. Accordingly, the next financial year end date of the Company will be March 31, 2023 and the next published audited financial statements of the Group will cover the period of 15 months commenced from January 1, 2022 and ending on March 31, 2023. The Board considers that the change of financial year end date to March 31 will enable the Group to rationalise and better mobilise its resources with greater efficiency for the preparation of its interim and annual results announcements and reports given that the Change will allow the Group to: avoid competition of resources with other listed companies having a financial year end date of 31 December on results announcements and interim and annual reports related external services under the traditional peak market reporting season; and better plan its audit schedules with its auditors by removing the uncertainty from the variation in the dates of the Chinese New Year and Easter holidays which put pressure on the workflow.