Titan Invo Technology Limited announced that due to the surge of COVID-19 cases in Hong Kong, Mainland China and Europe and the resulted tightened COVID-19 prevention and control quarantine measures in the past few months have brought practical difficulties to the Company's management, Directors and Auditors in their audit work for the Group. In light of the circumstances, the publication of the 2021 Audited Annual Results and the 2021 Annual Report will have to be further delayed. It was previously expected that the 2021 Audited Annual Results and the 2021 Annual Report will be published and dispatched on or before 13 June 2022.
Based on the discussions with the Belgian auditors, it is expected that the audit work can be finalized by the end of June 2022. Adding on approximately 2 weeks thereafter for the Auditors in Hong Kong to wrap up their final audit work, the Company expects the 2021 Audited Annual Results and 2021 Annual Report to be published and dispatched on or before 15 July 2022.