China Taisan Tech : Resignation of Group Financial Controller

China Taisan Technology Group Holdings Limited CHINA TAISAN TECHNOLOGY GROUP HOLDINGS LIMITED

(Company Registration Number: 200711863D)

RESIGNATION OF GROUP FINANCIAL CONTROLLER

The Board of Directors (the "Board") of China Taisan Technology Group Holdings Limited (the "Company", and together with its subsidiaries, the "Group") wishes to announce the resignation of Mr. Liu Yi ("Mr. Liu") as Group Financial Controller of the Company with effect from 1 June 2016. Mr. Liu has resigned on his own accord to pursue other career opportunities.

The Board would like to express its gratitude and appreciation to Mr. Liu for his services and invaluable contributions to the Board during his tenure of office with the Company.

The detailed template announcement pursuant to Rule 704(7) of the Listing Manual of the SGX-ST, containing the particulars of Mr. Liu is being released separately via the SGXNet.

The Company is in the process of finding a suitable replacement and will announce the appointment in due course. In the interim, the Senior Accounting Manager, Mr. Yang Shun Fu ("Mr. Yang") will oversee the accounting and finance functions of the Group. Mr. Yang has been with the Group since 2004 and is familiar with the Group's financial and operational matters.

BY ORDER OF THE BOARD

Lin Wen Chang

Chief Executive Officer 31 May 2016