The board of directors of Chinese Strategic Holdings Limited announced that the publication of the announcement in relation to the annual results has been delayed as additional time is required for the auditor of the company to complete its audit work towards the 2020 annual results, since the obtaining of some of the required materials and information has experienced some delay. The board acknowledges that any delay in publishing the announcement in relation to the annual results will constitute non-compliance with Rules 18.49 and 18.48A of the GEM Listing Rules. The company has been and will continue using its best endeavors to assist and cooperate with the auditor in its performance of the required audit work, so that the announcement in relation to the 2020 annual results can be finalized, approved and published as soon as practicable.