Shanxi Changcheng Microlight Equipment Co. Ltd. announces delay in publication of annual report. There was a close contact of a confirmed case of COVID-19 found in the Company on 5 March 2022.

Due to the high degree of danger and in an effort to effectively control the spread of the epidemic, the epidemic prevention and control department of Taiyuan, Shanxi Province and the public safety authority conducted an epidemiological investigation of the Company's area on the evening of 5 March, and decided to implement lockdown and control on 9 March, with a period of around two weeks. Any entry and exit were not allowed until the risk of the spread of the epidemic was lifted. During such period, all production and business activities of the Company had been temporarily suspended.

As a result, the Company was unable to publish its annual report and audited financial statements at the end of March. On 10 March 2022, an announcement in relation to the COVID-19 epidemic was made by the Company in this regard. The unaudited financial statements were published on 28 March as required by the Stock Exchange.

It was originally planned to complete and publish the annual report and audited financial statements in April. However, from 3 to 5 April was the Qingming Festival holiday, and from 3 to 6 April, 12 confirmed cases of COVID-19 were newly added in Taiyuan City, Shanxi Province. Xiaodian District, Taiyuan City, where the Company is located, was among the primary centers of the epidemic outbreak.

In light of the prevailing situation of epidemic prevention and control in Taiyuan City, Shanxi Province, the Taiyuan Leading Group for Epidemic Prevention and Control decided to implement strict prevention and control measures for the entire Xiaodian District (epidemic prevention area) since 6 April. Temporary traffic control had been implemented for the access to Xiaodian District of Taiyuan City (the time and date of lifting such control was subject to further announcement). During such period, all production and business activities of the Company were temporarily suspended.

On 6 April 2022, an announcement in relation to the COVID-19 epidemic was made by the Company in this regard. The lockdown of Taiyuan City was officially lifted until 26 April 2022, therefore it is planned to delay the publication of the annual report and audited financial statements to May.