TA Yang : FURTHER DELAY IN DESPATCH OF CIRCULAR IN RELATION TO MAJOR TRANSACTION FOR DISPOSAL OF 100% EQUITY INTEREST IN DONGGUAN TAI YANG RUBBER PLASTIC INDUSTRIAL COMPANY LIMITED

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

TA YANG GROUP HOLDINGS LIMITED

大 洋 集 團 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1991)

FURTHER DELAY IN DESPATCH OF CIRCULAR IN RELATION TO MAJOR TRANSACTION FOR DISPOSAL OF 100% EQUITY INTEREST IN

DONGGUAN TAI YANG RUBBER PLASTIC INDUSTRIAL COMPANY LIMITED

This announcement is made pursuant to Rule 14.36A of the Listing Rules.

Reference is made to (i) the announcement of the Company dated 11 October 2017 (the ''Announcement'') in relation to the Disposal which constitutes a major transaction of the Company under the Listing Rules and (ii) the announcement of the Company dated 1 November 2017 in relation to delay in despatch of the circular (the ''Circular'') regarding the Disposal (the ''Delay Announcement''). Terms used herein shall have the same meanings as defined in the Announcement unless the context requires otherwise.

As stated in the Delay Announcement, it was expected that the Circular will be despatched to the Shareholders on or before 29 November 2017. However, additional time is required for finalising the content of the Circular. The Company will make further announcement on the new expected despatch date of the Circular as and when appropriate.

By Order of the Board

Ta Yang Group Holdings Limited Shi Qi

Chairlady and Chief Executive Officer

Hong Kong, 29 November 2017

As at the date of this announcement, the Board comprises four executive Directors, namely Ms. Shi Qi, Ms. Xu Chendi, Mr. Qiu Yonghao and Mr. Huang Te-Wei; three non-executive Directors, namely Mr. Gao Feng, Mr. Han Lei and Ms. Wang Yayuan; and three independent non-executive Directors, namely Ms. Zhang Lijuan, Mr. Pak Wai Keung, Martin and Mr. Wu Tak Kong.