Hong Kong, March 20, 2023 – Huafang Group Inc. (the “Company”, together with its subsidiaries, the “Group”), a leading entertainment provider in China offering video- and audio-based live entertainment and social networking services, today announced that it will report its financial results for the full fiscal year ended December 31, 2022, after the Hong Kong market closes on Thursday, March 30, 2023.

About Huafang

Huafang Group is a leading entertainment provider in China offering video- and audio-based live entertainment and social networking services. We operate one of the leading online entertainment live streaming platforms in China. We offer video- and audio-based live entertainment and social networking services through our flagship products, Huajiao and 6.cn. We also offer social networking and discovery services through our overseas products under HOLLA Group. In the future, the Group will continue to provide users with multiple products and services, and always uphold the mission of "Connect people with technology; spread happiness through companionship". We will further improve our content ecosystem and strengthen our core competitiveness. Shares of Huafang (3611.HK) are listed on the Main Board of the Stock Exchange of Hong Kong.

Investor contact: ir@huafang.com