Fresh Express Delivery : SUPPLEMENTAL ANNOUNCEMENT OF (1) DELAY IN PUBLICATION OF THE 2020 ANNUAL RESULTS (2) DELAY IN DESPATCH OF THE 2020 ANNUAL REPORT

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FRESH EXPRESS DELIVERY HOLDINGS GROUP CO., LTD

鮮 馳 達 控 股 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1175)

SUPPLEMENTAL ANNOUNCEMENT OF

1. DELAY IN PUBLICATION OF THE 2020 ANNUAL RESULTS
2. 1. DELAY IN DESPATCH OF THE 2020 ANNUAL REPORT

This announcement is made by Fresh Express Delivery Holdings Group Co., Ltd (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), and Inside Information Provisions (as defined in the Listing Rules) (the "Inside Information Provisions") under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

Reference is made to the announcement of the Company (the "Announcement") dated 17 June 2020 relating to the delay in publication of 2020 Annual Results and 2020 Annual Report. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

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FURTHER DELAY IN PUBLICATION OF THE 2020 ANNUAL RESULTS AND DELAY IN DESPATCH OF THE 2020 ANNUAL REPORT

The board of directors of the Company (the "Board") hereby announces that, due to the development of the COVID-19, the Company would require additional time to prepare the 2020 Annual Results. Due to difficulties of auditing during the COVID -19, the preparation of 2020 Annual Results is delayed as a result of loss and change of human resources in finance department, and the reduction of effectiveness of auditing work. The difficulties in auditing include (1) the commencement of the auditing was delayed due to the COVID-19; (2) the foreign visitors (including visitors from Hong Kong) are under mandatory quarantine measures in PRC. The Auditors has to appoint new auditing team in PRC to carry out the auditing work in PRC, and the new auditing team requires additional time to get acquainted; and (3) there are the resignations of employees, with residency in HeNan and HuBei province, in finance department, so the PRC finance department of the Company is facing a shortage on human resources. Accordingly, there will also be a delay in the despatch of the 2020 Annual Report.

The Board acknowledges that the delay in publication of the 2020 Annual Results and the 2020 Annual Report constitutes non-compliance with Rule 13.49(1) and 13.46(2) of the Listing Rules. The Company has applied to and is in the course of seeking a waiver from the Sto ck Exchange in relation to the further delay in publication the 2020 Annual Results and 2020 Annual Report. The Board wishes to inform the Shareholders that the expected date of the publication of 2020 Annual Results will be 21 August 2020 and the expected date of despatch of 2020 Annual Report will be 30 August 2020. The expected date of holding the annual general meeting of the Company shall be 30 September 2020.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By order of the Board

Fresh Express Delivery Holdings Group Co., Ltd

Pan Junfeng

Executive Director and Chairman

Hong Kong, 30 July 2020

As at the date of this announcement, the Board comprises Mr. Pan Junfeng, Mr. Tang Dacong, Mr. Zhou Aijie and Mr. Tan Rucheng as executive Directors, Mr. Wen Cyrus Jun-ming as non-executive Director and Dr. Leung Hoi Ming, Mr. Mak Ka Wing, Patrick and Mr. Sung Wing Sum as independent non-executive Directors.

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