Ta Yang Group Holdings Limited announced that with effect from 29 June 2022 and due to other work commitments, Mr. Cheng Hong has resigned as an executive Director and a member of the executive committee of the Company, as well as all positions that he has held within the Company, its subsidiaries, and any of their affiliates. Mr. Cheng has confirmed, among others, that there was no disagreement with the Board and there were no any other matter relating to his resignation that need to be brought to the attention of the Shareholders or the Stock Exchange.