China Green (Holdings) Limited announced that the auditing process for the annual results for the year ended 30 April 2020. has not been completed due to the outbreak of novel coronavirus and the anti-pandemic measures for the prevention and control of COVID-19 implemented in China and Hong Kong, the auditor of the Company was not able to able to perform principal audit work required for an associate, includes but not limited to reviewing original documentation and obtaining confirmations on the bank balances and receivables of GFC. Although the Company has made provision for its investment in GFC, there still have more than 10 restaurants and take-away outlets operated by GFC which principle audit works are required to be performed. As at the date of this announcement, GFC has gradually resumed normal operations and it has finalized its accounts and has provided relevant accounting records and documentation to the Company's auditor. It is expected that the Company's auditor may require 7 to 10 working days to carry out necessary audit work. The Company expected that based on the latest development of the COVID-19 pandemic and recent discussion with the Company's auditor on the current circumstances, and in the absence of unforeseen circumstances, the expected timetable for the publication of the Audited Annual Results announcement and the dispatch of the Annual Report is as follows: its audited annual results for the year ended 30 April 2020 would be released on 25 September 2020, and its annual report for the year ended 30 April 2020 would be dispatched on or before 30 September 2020.