Gelonghui, March 15, 丨 Chenxing Development (02286.HK) announced that the board meeting will be held at 10:00 a.m. on March 27, 2024 (Wednesday) in the conference room on the 1st floor of Chenxing Office Building, No. 18 Anning Street, Yuci District, Jinzhong City, Shanxi Province, People's Republic of China (“China”). Discuss the following matters:

1. Review and, as appropriate, adopt the audited comprehensive annual results of the Company and its subsidiaries for the year ended 31 December 2023, and adopt the annual results announcement to be published on the Hong Kong Stock Exchange Limited website and the Company's website; 2. Consider and recommend payment of a final dividend (if any); 3. Consider suspending the registration of the Company's share transfers (if necessary) 4. Handle any other matters.