X0306 4 2016-03-01 0 0001491487 Takung Art Co., Ltd. TKAT 0001650121 Xiao Di FLAT/RM 03-04 20/F HUTCHISON HOUSE 10 HARCOURT ROAD, CENTRAL HONG KONG F4 00000 CHINA 1 1 0 0 Chief Executive Officer EmployeeStockOptions 3.30 2016-03-01 4 A 0 50000 0 A 2016-03-01 2026-02-28 Common Stock 50000 50000 D This option (the "Option") was issued pursuant to the Company's 2015 Incentive Stock Plan and the Incentive Stock Option Agreement dated as of March 1, 2016. The Option shall become exercisable during the term of the Reporting Person's employment in three (3) equal annual installments of 16,666 shares of common stock each, the first installment to be exercisable on the date of issue of this Option (the "Initial Vesting Date"), with additional installments becoming exercisable on each of the successive periods following the Initial Vesting Date. /s/ Di Xiao 2016-03-01