 In its filing the Company has advised that the Annual Report could not be filed within the prescribed time period due to the fact that the Company was unable to finalize its financial results due to the coronavirus disease 2019 COVID-19 pandemic. Specifically, the Companys receipt of information from certain third parties related to the completion of its audit has been delayed; in addition, the Companys personnel responsible for its financial reporting function had been adversely affected due to the city lockdown measures in China. 