Shaanxi Northwest New Technology Industry Company Limited announced that as more time is required to complete the audit of the Company's annual results for the year of 2019, the board meeting originally scheduled to be convened on 20 July 2020 and the publication of the audited annual results need to be postponed. A certain publication date and the date of board meeting shall be determined according to the following work progress. The Company and the auditor are actively facilitating the work process. Once determined, the Company will make further announcements in due course.