Guoan International Limited announced that there is a delay in publication of the 2020 annual results as additional time is required to resolve the outstanding issues raised by HLB as mentioned above and to finalize the 2020 annual Results. After due and careful consideration, the Board is of the view that it would not be appropriate for the Company to publish the unaudited management accounts of the Group for the year ended December 31, 2020 at this stage as it may not accurately reflect the financial performance and position of the Group and the publication of such unaudited management accounts could cause confusion and may be misleading to the Shareholders, potential investors and other stakeholders of the company.