The Board FDG Kinetic Limited inform the Shareholders that there will be a delay in the release of the 2020/2021 Annual Results and there may be a possible delay for the despatch of the 2020/2021 Annual Report. As explained in the announcement of the Company dated 29 June 2021, the reason for such delay is that the Company is in the process of addressing certain outstanding matters requested by the auditors and confirmations from certain financial institutions, creditors, and debtors including but not limited to confirmation from the purported customer as disclosed in the Company's announcement dated 17 June 2021 in relation to the Dubious Contracts for amount of approximately RMB 13 million. The auditors of the Company need more time in gathering and obtaining further information on Dubious Contracts and to resolve the outstanding matters in relation to the audit on the consolidated financial statements of the Company for year ended 31 March 2021. The Company targets to publish the 2020/2021 Annual Results on or before 31 July 2021.