TA Yang : POLL RESULTS OF THE ANNUAL GENERAL MEETING

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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)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

The Board is pleased to announce that all the resolutions were duly passed by the Shareholders by way of poll at the AGM held on 13 December 2018.

Reference is made to the circular (the "Circular") of Ta Yang Group Holdings Limited (the "Company") and the notice (the "Notice") of annual general meeting ("AGM") to the shareholders of the Company (the "Shareholders") both dated 14 November 2018. Capitalised terms used in this announcement shall have the same meanings as those defined in the Circular unless otherwise defined herein.

The Company's Hong Kong branch share registrar, Union Registrars Limited, was appointed as the scrutineer at the AGM for the purpose of vote-taking at the AGM.

As at the date of the AGM, the total number of Shares in issue is 871,178,000 Shares which is the total number of Shares entitling the holders to attend and vote for or against all resolutions at the AGM. There are no shares entitling the holders to attend the AGM that are required to abstain from voting in favour at the AGM pursuant to Rule 13.40 of the Listing Rules. No Shareholders are required under the Listing Rules to abstain from voting on any of the resolutions at the AGM.

The poll results in respect of the resolutions proposed at the AGM are as follows:

* Full text of the resolutions are set out in the Notice.

As more than 50% of the votes were cast in favour of the above resolutions, such resolutions were duly passed as ordinary resolutions of the Company by the Shareholders by way of poll.

By Order of the Board

Ta Yang Group Holdings Limited

Shi Qi

Chairlady and Chief Executive Officer

Hong Kong, 13 December 2018

As at the date hereof, the Board of the Company has three executive Directors, namely Ms. Shi Qi, Mr. Qiu Yonghao and Mr. Zhao Ang, three non-executive Directors, namely Mr. Gao Feng, Mr. Han Lei and Mr. Sze Wai Lun and two independent non-executive Directors, namely Ms. Zhang Lijuan and Mr. Wu Tak Kong.