Kirin Group Holdings Limited announced that under Rules 18.49 and 18.48A of the GEM Listing Rules, the Company is required to publish the announcement in relation to the preliminary results of the Group for the year ended 31 December 2022 and despatch its annual report for the year ended 31 December 2022 to the shareholders of the Company on a date no later than three months after the end of the financial year of the Company, i.e. on or before 31 March 2023. To the best of the knowledge, information and belief of the Company and having enquired with its auditors, as at the date of this announcement, the necessary audit procedures for the audit of the Company's consolidated financial statements for the year ended 31 December 2022 have yet to be completed, as such the Company is unable to publish the 2022 Annual Results and 2022 Annual Report within the prescribed time in accordance with the GEM Listing Rules. The delay in the publication of the 2022 Annual Results and 2022 Annual Report will constitute non- compliance of Rules 18.49 and 18.48A of the GEM Listing Rules respectively.

The Company will use its best endeavours to publish the 2022 Annual Results and 2022 Annual Report as soon as possible. The Company, after due consideration, is of the view that it would not be appropriate for the Company to publish the Group's unaudited management accounts for the year ended 31 December 2022 at this stage as it may not accurately reflect the financial position of the Group.