DEKON AGR(02419) recommends preparing financial statements in accordance with Chinese Accounting Standards.

DEKON AGR (02419) released an announcement, based on the summary of the consultation published by the Hong Kong Stock Exchange in December 2010 regarding Mainland registered companies listed in Hong Kong adopting Mainland accounting and auditing standards and employing Mainland accounting firms; effective from December 15, 2010, mainland registered companies listed on the Exchange are allowed to prepare their financial statements using Mainland accounting standards. Mainland accounting firms approved by the Chinese Ministry of Finance and the China Securities Regulatory Commission are permitted to provide audit services to issuers listed on the Exchange. Based on the above policy regulations, and taking into account the common practice of comparable listed companies using Chinese Enterprise Accounting Standards in the industry, considering that the company's main business operations are in mainland China, in order to improve efficiency, the board of directors has decided that starting from the financial year ending December 31, 2025, the company will prepare financial accounting reports using Chinese Enterprise Accounting Standards. The board of directors recommends that preparing financial statements in accordance with Chinese Enterprise Accounting Standards is in the best interests of the company and its shareholders. The adoption of Chinese Enterprise Accounting Standards for preparing financial statements is subject to approval by the company's shareholders at the upcoming Extraordinary General Meeting in 2026 before it can be implemented.