Haitian Energy International Limited announced that under rule 13.49(1) and 13.46(2)(a) of the listing rules, the company is required to publish the announcement in relation to its preliminary annual results for the year ended 31 December 2019 (2019 annual results) on a date not later than three months after the end of the financial year of the company, i.e. on or before 31 March 2020 and despatch of its annual report for the same financial year (‘2019 annual report’) to its shareholders on or before 30 April 2020. There will be a delay in the release of the 2019 annual results and despatch 2019 annual report (‘Delay’) as the company's manpower and resources have been predominately focused on its restructuring and share trading resumption work, and is endeavoring to secure more resources for the finalization of 2019 annual results. The board considered that additional time will be required for the Company to provide the required information to the auditors of the Company to perform the audit in respect of the 2019 annual results. As at the date of this announcement, the board of directors of the Company (the ‘Board’) has confirmed that there is no other matter or any inside information in relation to the delay in publication of the 2019 Annual Results that needs to be brought to the attention of the Stock Exchange and shareholders of the Company. As a result of the delay, the meeting of the board to, among other things, consider and approve the 2019 annual results will be postponed to a date to be determined. The company will make further announcement in accordance with the Listing Rules as and when appropriate.