Tianli : APPOINTMENT OF EXECUTIVE DIRECTOR

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TIANLI HOLDINGS GROUP LIMITED

天 利 控 股 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 117)

APPOINTMENT OF EXECUTIVE DIRECTOR

The board (the "Board") of directors (the "Directors") of Tianli Holdings Group Limited (the "Company") is pleased to announce that Ms. Du Weilin ("Ms. Du") has been appointed as an executive Director with effect from 22 November 2019.

The biographical details of Ms. Du are as follows:

Ms. Du, aged 30, graduated from The Great Wall University Beijing（北京長城研修學院）in 2008.

Ms. Du is currently the director of certain international trading and investment companies. She has extensive experience in international trading, investment and corporate management.

Ms. Du has entered into a service agreement with the Company for a term of office of three

1. years commencing on 22 November 2019. The service of Ms. Du shall be automatically renewed for a successive three-year period subject to the requirements of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the "Listing Rules") and the articles of association of the Company. The service agreement of Ms. Du can be terminated by either party by serving a notice in writing to the other of not less than three months or payment in lieu of such notice. Ms. Du is also subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company.

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Ms. Du is entitled to receive a remuneration of HK$1,200,000 per annum which has been recommended by the remuneration committee of the Company (the "Remuneration Committee") and approved by the Board based on Ms. Du's qualifications and experience, her level of responsibilities undertaken and the prevailing market conditions. Ms. Du may also be entitled to receive discretionary bonuses or other benefits as may be decided by the Remuneration Committee and the Board having regard to the Company's and her performance. The remuneration of Ms. Du will be subject to annual review by the Remuneration Committee and the Board.

Save as disclosed above, Ms. Du does not hold other positions with any members of the Company and its subsidiaries. Ms. Du did not hold any other directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the three years immediately preceding the date of this announcement.

As at the date of this announcement, Ms. Du has beneficial interest in 189,765,825 shares within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong), representing approximately 25.48% of the total issued shares of the Company. Save as disclosed above, Ms. Du does not have any relationship with any other Directors, senior management or substantial or controlling shareholders (as defined in the Listing Rules) of the Company.

Save as disclosed above, there is no information in relation to the appointment of Ms. Du that is required to be disclosed pursuant to Rule 13.51(2) of the Listing Rules and there are no other matters that need to be brought to the attention of the shareholders of the Company.

The Board would like to extend our warmest welcome to Ms. Du for joining the Company.

By Order of the Board

Tianli Holdings Group Limited

Zhou Chunhua

Chairman

Hong Kong, 21 November 2019

As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Zhou Chunhua (Chairman), Mr. Pan Tong (Chief Executive Officer) and Mr. Chou Benjamin Bang Yi; and three independent non-executive Directors, namely Mr. Chu Kin Wang, Peleus, Mr. David Tsoi and Mr. Xu Xuechuan.

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