Bao Shen Holdings Limited is required to publish the first quarterly results for the three months ended 31 March 2023 and despatch the quarterly report for the three months ended 31 March 2023 on a date not later than 45 days after the end of the financial period of the Company. As the publication of the 2022 Audited Annual Results and the 2022 Annual Report are still pending, the Company is unable to publish the 2023 First Quarterly Results and despatch its 2023 First Quarterly Report to the Shareholders within the prescribed time in accordance with the GEM Listing Rules. As at the date of this announcement, the preparation of the audited financial information for the 2022 Audited Annual Results and the 2022 Annual Report have not been completed and finalised.

The Company will issue further announcement(s) to inform its shareholders in relation to the publication of the 2022 Audited Annual Results and the 2023 First Quarterly Results.