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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)

VOLUNTARY ANNOUNCEMENT

BUSINESS UPDATE

This announcement is made by Ta Yang Group Holdings Company Limited (the "Company", together with its subsidiaries, the "Group") to provide the shareholders ("Shareholders") and potential investors of the Company with the latest business developments regarding the Group's silicone mask business.

The board of directors (the "Board") of the Company is pleased to announce that on 11 March 2020, the Group obtained CE Certification of Compliance ("CE Certification") for its self-developedNon-poweredAir-purifying Particle Respirator ("All-silicone Mask"). This certification is for the EU Standard EN 149:2001+A1:2009, related to CE Directive: Regulation (EU) 2016/425 (Personal Protective Equipment).

CE Certification indicates that a product has been deemed to meet EU safety, health and environmental protection requirements. Regulation (EU) 2016/425 on personal protective equipment covers the design, manufacture and marketing of personal protective equipment. It defines legal obligations to ensure that personal protective equipment on the EU internal market provides the highest level of protection against risks.

The obtaining of CE Certification has signified that the Group's All-silicone Masks are allowed to be sold in the European market, which has an important influence on

enhancing the competitiveness of the Group's products and promoting the development of its business in the overseas markets.

Investors and shareholders are advised to exercise caution when dealing in the securities of the Company.

By order of the Board

Ta Yang Group Holdings Limited

Shi Qi

Chairlady and Chief Executive Officer

Chengdu, 16 March 2020

As at the date this announcement, the Board comprises four executive Directors, namely Ms. Shi Qi, Mr. Cheng Hong, Mr. Gao Feng and Mr. Zhao Ang; two non-executive Directors, namely, Mr. Han Lei and Mr. Sze Wai Lun; and three independent non-executive Directors, namely Mr. Lin Bing, Mr. Liu Gang and Ms. Zhang Lijuan.

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TA Yang Group Holdings Limited published this content on 16 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2020 11:26:13 UTC