Golden Eagle Retail Group Limited Not to Recommend Payment of Final Dividend for the Year Ended 31 December 2021

Golden Eagle Retail Group Limited is an investment holding company principally engaged in the development and operation of stylish department store chain in the People's Republic of China (the PRC). The Company operates its business through three segments. The Southern Jiangsu Province segment is engaged in the operation of stores at Nanjing, Changzhou, Liyang, Danyang and Kunshan. The Northern Jiangsu Province segment is engaged in the operation of stores at Nantong, Yangzhou, Xuzhou, Taizhou, Huai?an, Yancheng and Suqian. The Western Region of the PRC segment is engaged in the operation of stores at Xi?an and Kunming.