Item 8.01 Other Events.
Green Vision Biotechnology Corp. (the "Company") hereby announces that it is
relying the order of the Securities and Exchange Commission, Release No.
34-88318, dated March 4, 2020 for the extension of the filing deadline of its
Annual Report on Form 10-K, for the year ended December 31, 2019. There was an
outbreak of Coronavirus in China at the end of January, 2020. In order to avoid
the risk of the virus spreading, the Chinese government required enterprises to
delay the resumption of work and production, this included City lockdown, travel
suspension, operation suspension, 14-days quarantine, and the work from home.
The Company has major operation in Jinzhong, Shanxi and abided by the government
rule to suspend operation since late January 2020. This has hindered the
progress of performing audit procedures so as to express an appropriate audit
opinion for the audit of the Company. Because of the government order to suspend
operation, the Company's accounting staff could not access to the physical
records of the Company which cause a delay in providing the relevant information
to the Company's independent public accountant so as to perform the required
audit procedures.
The delay to provide responses to auditor inquiries also effected the
hardworking of the Company's management because it took more time to collect the
appropriate information, access and locate relevant documents, and re-arrange
various resources. The aforementioned and the subsequent delays relating to the
completion of audit procedures have caused the filing of the Form 10-K on or
before April 15, 2020 to become impossible. The Company expects to file the
annual report on Form 10-K on May 15, 2020.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Letter from the Company's independent public accountant.
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