Universal Technologies Holdings Limited — Board/Management Information 2011

Sep 6, 2011

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.

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UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED 環 球 實 業 科 技 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1026)

RESIGNATION AND APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF AUDIT COMMITTEE AND REMUNERATION COMMITTEE

The Board announces that Mr. Liu Ji resigned as an Independent Non-executive Director, member of Audit Committee and Remuneration Committee of the Company due to his other business commitments with effect from 6 September 2011.

The Board is pleased to announce the appointment of Dr. Cheung Wai Bun, Charles, J.P. as an Independent Non-executive Director, member of Audit Committee and Remuneration Committee of the Company with effect from 6 September 2011.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF AUDIT COMMITTEE AND REMUNERATION COMMITTEE

The board of directors (the “Board”) of Universal Technologies Holdings Limited (the “Company”) announces that Mr. Liu Ji (“Mr. Liu”) resigned as an Independent Non-executive Director, member of Audit Committee and Remuneration Committee of the Company due to his other business commitments with effect from 6 September 2011. Mr. Liu has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the Company. The Board would like to thank Mr. Liu for his valuable contributions to the Company during his tenure of service.

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE AND REMUNERATION COMMITTEE

The Board is pleased to announce the appointment of Dr. Cheung Wai Bun, Charles, J.P. (“Dr. Cheung”) as an Independent Non-executive Director, member of Audit Committee and Remuneration Committee of the Company with effect from 6 September 2011.

Dr. Cheung was awarded with Honorary Doctorate by John Dewey University in the United States in 1984. He obtained a Master degree in Business Administration and a Bachelor of Science degree in Accounts and Finance from New York University in the United States in 1962 and 1960, respectively.

Dr. Cheung, aged 75, is a director and Vice Chairman of Executive Committee of Metropolitan Bank (China) Ltd., and a director and director of Audit Committee of China Resources Bank of Zhuhai Co., Ltd. He is also a Senior Adviser to the Metropolitan Bank & Trust Company, Philippines.

Dr. Cheung is an Independent Non-executive Director and Chairman of respective Audit Committees of Shanghai Electric Group Company Limited (stock code:2727), Pioneer Global Group Limited (stock code:224) and China Financial International Investments Limited (stock code:721), all of which are companies listed on the Main Board of the Stock Exchange. He is an Independent Non-executive Director, a member of Audit Committee and Chairman of Remuneration Committee of Grand T.G Gold Holding Limited (stock code: 8299), a company listed on the GEM of the Stock Exchange. In addition, he is an Executive Chairman of Lightscape Technologies Inc.. Dr. Cheung is also a Council Member of the Hong Kong Institute of Directors. He is a Visiting Professor of School of Business of Nanjing University, China. Dr. Cheung is also the Special Advisor to the President of the University of Victoria, B.C., Canada. He is a member of Hospital Governing Committee of both Kowloon Hospital and Hong Kong Eye Hospital. He was a former director and advisor of the Tung Wah Group of Hospitals. Dr. Cheung was also Chief Executive & Executive Deputy Chairman of Mission Hills Group.

He was awarded the Directors of the Year Awards 2002 of “Listed Company Non-Executive Director”. Dr. Cheung was elected Outstanding Director Award by the Chartered Association of Directors, Outstanding Management Award by Chartered Management Association, and Outstanding CEO Award by the Asia Pacific CEO Association in December 2010.

Save as disclosed above, Dr. Cheung does not hold directorship in other listed companies as at the date of this announcement or in the past three years. Dr. Cheung does not have any other relationship with any directors, senior management, management shareholders, substantial shareholders or controlling shareholders of the Company. As at the date of this announcement, Dr. Cheung has no interest in the securities of the Company within the meaning of Part XV of the Securities and Futures Ordinance.

Dr. Cheung was appointed by way of a director’s service agreement for an initial term of two years and shall continue thereafter 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. Dr. Cheung is entitled to HK$20,000 per month as director’s remuneration which was determined on arm’s length negotiation between the parties with reference to prevailing market conditions.

Save as disclosed above, in relation to the appointment of Dr. Cheung, the Board is not aware of any information that ought to be disclosed pursuant to the requirements under Rules 13.51(2)(h) to (v) of the Listing Rules, nor are there any other matters that ought to be brought to the attention of the shareholders of the Company.

The Company would like to take this opportunity to welcome Dr. Cheung to join the Board.

By Order of the Board UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED Lau Yeung Sang Chairman

Hong Kong, 6 September 2011

As at the date of this announcement, the Board of the Company comprises:

Executive Directors:

Mr. Lau Yeung Sang Mr. Liu Ruisheng Madam Luan Yumin Madam Ren Lili Mr. Chang Hung Lun

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Non-executive Director:

Mr. Chow Cheuk Lap

Independent Non-executive Directors: Mr. Meng Lihui Mr. Fong Heung Sang Dr. Cheung Wai Bun, Charles

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