Sinopec Engineering Group Co Ltd. — Major Shareholding Notification 2019

Jan 16, 2019

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire or subscribe for securities of Universe Entertainment and Culture Group Company Limited.

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UNIVERSE ENTERTAINMENT AND CULTURE GROUP COMPANY LIMITED 寰宇娛樂文化集團有限公司

( formerly known as Universe International Financial Holdings Limited 寰宇國際金融控股有限公司 )

(Incorporated in Bermuda with limited liability)

(Stock Code: 1046)

ANNOUNCEMENT IN RELATION TO RESTORATION OF PUBLIC FLOAT

References are made to the announcements of Universe Entertainment and Culture Group Company Limited (the “ Company ”) dated 21 November 2018 in relation to the grant of Waiver and dated 17 December 2018 in relation to the placing of up to 82,000,000 Shares held by the Offeror (the “ Announcements ”). Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the Announcements.

RESTORATION OF PUBLIC FLOAT

The Company has been informed by the Offeror that a total of 82,000,000 Shares held by the Offeror have been successfully placed by the Placing Agent to independent placees (the “ Placees ”), representing approximately 9.04% of the entire issued Shares as at the date of this announcement. As notified by the Offeror, completion of the Placing took place via two batches. The first batch representing the transfer of 49,800,000 Shares was completed on 3 January 2019 (the “ First Batch Shares Transfer ”), while the second batch representing a transfer of 32,200,000 Shares was completed on 16 January 2019 (the “ Second Batch Shares Transfer ”, together with the First Batch Shares Transfer, collectively known as the “ Shares Transfers ”).

To the best knowledge, information and belief of the Directors and having made all reasonable enquires, all of the Placees and their ultimate beneficial owners (if any) are independent third parties of the Company.

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Immediately after completion of the Shares Transfers and as at the date of this announcement, 227,655,403 Shares, representing approximately 25.11% of the entire issued Shares of the Company, was held by the public (within the meaning of the Listing Rules). As such, the minimum public float of 25% as required under Rule 8.08 of the Listing Rules has been restored.

SHAREHOLDING STRUCTURE

The following is a summary of the shareholding structure of the Company (i) immediately before completion of the Shares Transfers; and (ii) immediately after completion of the Shares Transfers and as at the date of this announcement:

Shareholders The Offeror and parties acting in concert with it Mr. Lam Kit Sun_(Note 1)_ Public Shareholders Total	Immediately before completion of the Shares Transfers Number of Shares Approximate % of issued Shares 755,056,873 83.28 5,920,000 0.65 145,655,403 16.07 906,632,276 100.00	Immediately after completion of the Shares Transfers and as at the date of this announcement Number of Shares Approximate % of issued Shares 673,056,873 74.24 5,920,000 0.65 227,655,403 25.11 906,632,276 100.00

Notes:

1. Mr. Lam Kit Sun is an executive Director.

2. Certain percentage figures included in the table have been subject to rounding adjustments.

By order of the Board of Universe Entertainment and Culture Group Company Limited Lam Shiu Ming, Daneil Chairman and executive Director

Hong Kong, 16 January 2019

As at the date of this announcement, the executive Directors are Mr. Lam Shiu Ming, Daneil, Mr. Hung Cho Sing, Mr. Lam Kit Sun and the independent non-executive Directors are Mr. Choi Wing Koon, Mr. Lam Chi Keung and Mr. Tang Yiu Wing.

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