Vision Values Holdings Limited announced further delay in publication of the audited results of the Group for the year ended 30 June 2022. As set out in the Announcements, due to the outbreak and escalation of COVID-19 in Xinjiang, the People's Republic of China, the Xinjiang government has implemented stringent quarantine control measures. The quarantine control in Urumqi, Xinjiang started in August 2022.

Our office in Urumqi City, Xinjiang has been closed under the quarantine control, though there was a short period of time that our Xinjiang office had resumed for business. Most industries adopted the home office approach, making communication and normal business operation difficult. In particular, the travel restrictions prevent in and out of visitors which the Auditor is unable to gain access to Xinjiang.

Hence, the Auditor is unable to carry out the on-site audit procedures on VVLJV for the Financial Year.