The Board announced that JY Grandmark Holdings Limited will be unable to publish by 31 March 2022 the audited annual results of the Group for the year ended 31 December 2021. This is due to the temporary reduction in manpower and changes in working environment resulting from the various Covid-19 measures imposed by the government in Hong Kong, the supply of requested information as well as the sending and receipt of bank confirmations had fallen behind schedule, audit progress was adversely affected and the auditors of the Company would need more time to complete the audit procedures of the subsidiaries of the Company in Hong Kong.