Huiyin Holdings Group Limited announced that the publication of the 2020 Annual Results will be delayed as additional time is required in order to complete the audit work in respect of the 2020 Annual Results. Due to the outbreak of the COVID-19 pandemic since early 2020, the Government of the People's Republic of China had imposed certain travel restrictions with the objective of containing the COVID-19 pandemic. The said travel restrictions have caused difficulties for the Company's auditors to travel within the PRC to perform audit procedures and fieldwork given that majority of the Group's operations are in the PRC. Further, the company has incorporated a new subsidiary in the United States during the financial year ended June 30, 2020 pending for expanding its healthcare food business into the international markets. As the US Subsidiary was newly incorporated and the US business activities are affected by the COVID-19 pandemic, additional time was required for the Company to provide all the relevant information and documents to the company's auditors in order to carry out the audit work in respect of the US Subsidiary. In view of the above, the relevant audit work has not been completed as at the date of this announcement and the publication of the 2020 Annual Results will be delayed.