The Board of Directors of Southern Packaging Group Limited provided an update to shareholders of the Company on the Group's business and operations. Recently, Shanghai is experiencing a lockdown due to the latest wave of the COVID-19 pandemic. As a result, the Group's production and delivery plans are affected because it is unable to deliver its products to Shanghai customers.

The Group expects this situation will persist for some times until the COVID-19 situation is under control. The Company will continue to update shareholders on material business developments as and when appropriate.