Vital Innovations Holdings Limited as disclosed in the Delay Announcement, due to the precautionary and control measures implemented in the PRC and Hong Kong after the COVID-19 outbreak, the Company's auditors from Hong Kong could not complete certain audit procedures in the PRC. Among which, the Company's auditors is required to conduct necessary audit procedures including but not limited to physical inspection regarding certain advanced equipment (the "Equipment"), for which a prepayment in the amount of RMB376 million was made by the Company. As a result of which, the necessary audit work for finalizing the 2019 Audited Results was not then completed and has yet to be completed as at the date of this announcement. Due to the delay in completion of the necessary audit work, the publication of the 2019 Audited Results and the annual report for the year ended 31 December 2019 (the "Annual Report") have been delayed.