Ta Yang Says Going-Concern Basis Hinges on Successful Implementation of Recovery Plans

• Ta Yang Group clarified that its 2025 financial statements used a going-concern basis contingent on successful implementation of recovery measures.
• The auditor could not obtain sufficient evidence supporting that basis; directors acknowledged the material uncertainties underlying its disclaimer of opinion.
• The group recorded a HK$ 72.68 million loss, with year-end net current liabilities of HK$ 210.56 million.
• Borrowings in default totaled HK$ 100.85 million at year-end, versus cash and bank balances of HK$ 23.89 million.
• A winding-up petition relating to the Convertible Bond was received on March 19, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TA Yang Group Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261106-12404422), on November 06, 2026, and is solely responsible for the information contained therein.