DaFa Properties Group Limited announced that, based on the latest development of the Company and recent discussions with the Auditor, the publication of the 2022 Annual Results and the 2023 Interim Results will be further delayed as additional time is required for the Company to prepare information for the Auditor to perform and complete their work. As a result, the despatch of the 2022 Annual Report and the 2023 Interim Report will be further delayed. The Company has been and will continue to use its best endeavors to assist and cooperate with the Auditor in its performance of the required audit work, so that the 2022 Annual Results, the 2022 Annual Report, the 2023 Interim Results and the 2023 Interim Report can be published and despatched as soon as possible.

Pursuant to Rule 13.49(1) and 13.46(2)(a) of the Listing Rules, the Company is required to publish an announcement for the annual results of the Group for the 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 despatch its annual report for the year ended 31 December 2023 to the Shareholders not later than four months after the end of the financial year, i.e. on or before 30 April 2024. As mentioned, the audit work in respect of the 2022 Annual Results and the 2023 Interim Results is currently still in progress. Based on the latest information available, the Company expects that the preparation of the 2022 Annual Results and the 2023 Interim Results will have an impact on the preparation of the 2023 Annual Results and the 2023 Annual Report.

In view of the current audit progress in respect of the 2022 Annual Results and the 2023 Interim Results, the Company considers that it will not be able to publish the 2023 Annual Results by 31 March 2024 and despatch the 2023 Annual Report by 30 April 2024. The Company will finalise the 2023 Annual Results as soon as practicable following the publication of the 2022 Annual Results and the 2023 Interim Results.