Zitong Financial App NewsletterBaosha Development (01069)According to the announcement, the company will postpone the publication of audited results for the 18 months ended June 30, 2021 (annual results for 2021). Due to the outbreak of COVID-19 and the implementation of corresponding travel restrictions and mandatory quarantine measures in China, according to the latest progress and progress of the audit process, more time is required to complete the 2021 annual performance review process, including, but not limited to, plantation field visits, interviews with relevant personnel and subsequent audit procedures. The company is working closely with the company's auditors to provide them with all the necessary data and documents to complete the audit process as soon as possible. As a result, the company was unable to publish its annual results for 2021 on or before September 30, 2021. Based on recent discussions with the auditors, the company now expects the annual results for 2021 to be published no later than the end of November 2021.

Trading in the shares of the Company will be suspended on the Stock Exchange from 09:00 on October 4, 2021 until the annual results announcement for 2021 is issued by the Company.