Ta Yang Group Holdings Limited

1991

KYG869171044

Commodity Chemicals

Market Closed - Hong Kong S.E. Other stock markets 04:08:03 2024-03-28 am EDT			5-day change	1st Jan Change
0.13 ^HKD	+5.69%		-.--%	-17.20%

Jan. 03	Ta Yang Group Eyes to Raise Capital via Rights Issue	MT
2023	Ta Yang in Tie-Up Talks with Taipu Automobile Under EV Push	MT

Ta Yang Group Holdings Limited Announces Change of Principal Office and Principal Place of Business in the People's Republic of China

December 13, 2023 at 06:19 am EST

The board of directors (the Director(s)) of the Ta Yang Group Holdings Limited announced that, with effective from 13 December 2023, the addresses of the Company's principal office and principal place of business in the People's Republic of China (the PRC) have been changed to Room 106-1, Building 19, 1399 Liangmu Road, Cangqian Street, Yuhang District, Hangzhou, Zhejiang, the PRC. The address is also the new location for its sole PRC headquarter. REASONS FOR RELOCATION: The Company has been committed to the development of its traditional silicone business.

However, in view of the changes in the economic environment and user demands, the Company realised that solely relying on its existing traditional business could no longer meet its development needs. In order to adapt to the changes in the market and to realise the Group's long-term development goals, the Company has decided to fully enter into the fields of digital economy and new energy industry, after a year of thorough preparations. The relocation of the sole PRC headquarter marks the Company's transformation into a digital organisation, and the beginning of a new development stage.

Being one of the cities in the PRC with the strongest development potential in digital economy and new energy industry, Hangzhou is renowned for its outstanding environment for innovation and start-ups, with a rich industrial and digital base for businesses, and a diverse workforce. In the discussions with the local government of Yuhang District, Hangzhou, the Company felt the charm and potential of this digital city. Therefore, the Company believes that the relocation of the sole PRC headquarter to Yuhang District, Hangzhou is a wise choice for the Company's strategic transformation.

Starting from 2024, the Company will fully enter into the fields of digital economy and new energy industry. In addition to developing the existing silicone business, the Company will also devote substantial efforts into new energy-related manufacturing, operations-related digital economy and new energy industrial sectors. The Company believes such transformation shall create more room for development and business opportunities and will be able to generate additional returns for its investors during its future development.

Latest news about Ta Yang Group Holdings Limited

Ta Yang Group Eyes to Raise Capital via Rights Issue	Jan. 03	MT
Ta Yang in Tie-Up Talks with Taipu Automobile Under EV Push	Dec. 29	MT
Ta Yang Group Floats New Energy Vehicle Services JV	Dec. 18	MT
Ta Yang Group Holdings Limited Announces Change of Principal Office and Principal Place of Business in the People's Republic of China	Dec. 13	CI
Ta Yang Group Holdings Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-29	CI
Ta Yang Drops Despite Narrower H1 Loss Forecast	23-08-28	MT
Ta Yang Group Holdings Limited Provides Group Earnings Forecast for the Six Months Ended 30 June 2023	23-08-25	CI
Ta Yang Group Raises HK$40 Million from Convertible Bond Issue	23-07-24	MT
Ta Yang Group Holdings Limited announced that it has received HKD 40 million in funding from Rising Jiarui Investment Management Co., Ltd.	23-07-20	CI
Ta Yang to Use 37.5% of Proceeds from Bond Deal for Environment-friendly Silicone Materials Business	23-07-10	MT
Ta Yang Group to Issue HK$40 Million of Convertible Bonds	23-07-03	MT
Ta Yang Group Holdings Limited announced that it expects to receive HKD 40 million in funding from Rising Jiarui Investment Management Co., Ltd.	23-07-02	CI
Ta Yang Group Holdings Limited Appoints Zheng Changxing as Independent Non-Executive Director	23-06-09	CI
Ta Yang to Raise HK$39.2 Million with Issue of Convertible Bonds	23-04-04	MT
Ta Yang Group Holdings Limited announced that it expects to receive HKD 39.2 million in funding from China Xinhai Group Limited, Beijing Xingxiang Technology Co., Limited	23-04-02	CI
Ta Yang Group Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-31	CI
Ta Yang Group Holdings Limited Announces Executive Changes	23-01-03	CI
Ta Yang Group Holdings Limited Announces Appointment of Gu Shixiang as Non-Executive Director	22-12-28	CI
Ta Yang Group CEO Resigns	22-11-01	MT
Ta Yang Group Holdings Limited Announces CEO Changes	22-11-01	CI
Ta Yang Group Holdings Limited Announces Appointment of Li Jiuhua as an Executive Director and the Chairman of the Executive Committee	22-11-01	CI
Ta Yang Group Posts Higher H1 Loss	22-09-22	MT
Ta Yang Group Holdings Limited Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-29	CI
Ta Yang Group Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022	22-08-19	CI
Ta Yang Group CEO Resigns	22-08-08	MT

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Company Profile

Ta Yang Group Holdings Limited is an investment holding company principally engaged in the manufacturing and sale of silicone rubber and related products. The products are used in consumer electronic devices, keypads for computers and notebooks, mobile phone handsets and automotive peripheral products. The Company operates its business in Mainland China and Hong Kong. The Companyâs subsidiaries include Ta Yang Silicone Rubber Industrial Company Limited, Chief Ocean Limited and Ta Yang Group Limited. Through its subsidiaries, the Company is also engaged in the provision of management services.

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Commodity Chemicals

Calendar

2024-08-26 - Q2 2024 Earnings Release (Projected)

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