Prosperity International Holdings (H.K.) Limited announced that the Company is required to publish a preliminary announcement in respect of its annual results for the year ended 31 March 2021 on or before 30 June 2021, and to dispatch the corresponding annual report to its shareholders on or before 31 July 2021 respectively. The board of directors (the "Board") wishes to inform the Shareholders and other investors that as the Company and the auditors of the Company could not reach an agreement regarding the auditors' fees and that the Company could not secure financial resources for performing the audit of the financial information of the Company due to various factors including the joint provisional liquidators, it is unlikely for the Company to publish the 2021 Annual Results and 2021 Annual Report within three months and four months after the end of the financial year respectively. As at the date of this announcement, the Company could not envisage the time for publishing the 2021 Annual Results and despatching the 2021 Annual Report. Further announcement would be made by the Company if the time for the publication of the 2021 Annual Results and the 2021 Annual Report could be ascertained.