GT Group Holdings Limited announced that as disclosed in the Announcements dated 30 March 2021 and 10 June 2021, the publication of the 2020 Annual Results and the despatch of the 2020 Annual Report were delayed. The delay was mainly due to the inability of the Auditors to obtain sufficient and appropriate audit evidence regarding some associate companies of the Company. As a result of the delay in the publication of the 2020 Annual Results and the despatch of the 2020 Annual Report, and as disclosed in the Announcement dated 25 August 2021, the publication of the 2021 Interim Results and the dispatch of the 2021 Interim Report were also delayed.

As disclosed in the Announcement dated 20 January 2022, the auditors of the Company, Pan-China, resigned on 19 January 2022. The Company is in the course of identifying a suitable replacement to fill the vacancy following the resignation of Pan-China and it is expected that the audit process can be resumed as soon as the new auditors are appointed. In the meantime, the Company will continue to cooperate with the associate companies to ensure that the missing audit evidence are produced promptly.