Yida China Holdings Limited announced that since the appointment of RSM Hong Kong ("RSM") as the Company's auditor as approved at the extraordinary general meeting of the Company convened and held on 25 March 2024, the audit committee of the Company (the "Audit Committee") has maintained close communications with RSM with the view of ensuring RSM is provided with the necessary information and response as quickly as possible to complete the audit of the Company's financial statements for the year ended 31 December 2023 (the "2023 Audit"). Currently, RSM is in the process of finalising the 2023 Audit. The Company is expected to publish the 2023 Annual Results by 31 August 2024.

As mentioned, the publication of the 2023 Annual Results and the Board meeting in respect of reviewing and approving, among other matters, the 2023 Annual Results is expected to be further postponed to 31 August 2024 as RSM needs more time to complete its audit procedures. The Company has used its best endeavours to collate and provide information for the performance of the required audit procedures for the 2023 Audit by RSM and strives to complete the 2023 Audit by 31 August 2024.