[Caihua Social News] Tianli Education (01773.HK) announced that as the Private Education Promotion Law came into effect on September 1st, 2021, the Group is still discussing with the company auditors the possible impact of the implementation regulations on the relevant accounting treatment of the Group's annual results "2021 Annual results" for the eight months ended August 31, 2021, and no agreement has been reached as of the date of this announcement. As a result, the company is unable to publish its annual results for 2021 before 30 November 2021 in accordance with rules 13.49 (1) and 13.49 (2) of the listing rules. The company acknowledges its responsibility to comply with the relevant listing rules and will do its best to announce the annual results for 2021 to shareholders as soon as practicable.

Despite the delay in the release of annual results for 2021, the Group's business operations remained normal as at the date of this announcement. In view of the delay in the release of the annual results for 2021, the board meeting will be postponed to another date decided and announced by the board of directors.

Trading in the Company's shares will be temporarily suspended on the Stock Exchange with effect from 09:00 on November 29th, 2021, pending the announcement of the 2021 annual results.