Universal Technologies Holdings Limited — Board/Management Information 2012

Dec 18, 2012

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)

APPOINTMENT OF EXECUTIVE DIRECTORS

The Board is pleased to announce the appointment of Mr. Zhou Jianhui and Mr. Chen Jinyang as the executive Directors of the Company with effect from 18 December 2012.

The board (the ‘‘ Board ’’) of directors (the ‘‘ Directors ’’) of Universal Technologies Holdings Limited (the ‘‘ Company ’’, together with its subsidiaries, the “ Group ”) is pleased to announce the appointment of Mr. Zhou Jianhui (“ Mr. Zhou ”) and Mr. Chen Jinyang (“ Mr. Chen ”) as the executive Directors of the Company with effect from 18 December 2012. Details of Mr. Zhou and Mr. Chen are set out below.

Appointment of Mr. Zhou Jianhui

Mr. Zhou, aged 47, is an executive Director. He has substantial experience and knowledge of financial management and investment business in the PRC. He was previously a senior advisor of the Company and has been the Vice President in the Company on 26 September 2012 .

Mr. Zhou had been a director, development strategy committee member and deputy general manager of Guangdong Golden Dragon Development Inc. (a company listed on the Shenzhen Stock Exchange with stock code of 000712) until he resigned on 28 February 2011. Mr. Zhou had been a director and nomination committee member of Guangdong Booxin Investment holdings Co., Ltd. (a company listed on the Shanghai Stock Exchange with stock code of 600083) until he resigned on 26 February 2011.

Save as disclosed above, Mr. Zhou did not hold any other directorship in the last three years in any other public companies, the securities of which are listed in Hong Kong or overseas. He does not hold any other position with the Company or any of its subsidiaries. Mr. Zhou does not have any relationship with any other Directors, senior management, substantial shareholders or controlling shareholders of the Company. Mr. Zhou is interested in share options to subscribe for 6,000,000 Shares within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the “ SFO ”). Save as disclosed above, Mr. Zhou has no interests in the securities of the Company within the meaning of the Part XV of the SFO.

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Apart from Mr. Zhou’s monthly salary of HK$120,000 and a discretionary bonus as the Vice President of the Company. Mr. Zhou is entitled to monthly director’s remuneration of HK$5,000 and a discretionary bonus which were determined on arm’s length negotiation between the parties with reference to prevailing market conditions. Mr. Zhou is appointed for a term of 2 years commencing from 18 December 2012 and subject to renewal and retirement by rotation and reelection pursuant to the articles of association of the Company (the “Articles”) . Mr. Zhou will hold office until the next following general meeting of the Company and shall be eligible for reelection in accordance with the Articles. Thereafter, he will be subject to retirement by rotation and re-election at annual general meetings of the Company in accordance with the Articles.

Appointment of Mr. Chen Jinyang

Mr. Chen, aged 41, is an executive Director. He has substantial experience and knowledge of banking industry and investment business in the PRC. He has been the Vice President in the Company on 26 September 2012.

Save as disclosed above, Mr. Chen did not hold any other directorship in the last three years in any other public companies, the securities of which are listed in Hong Kong or overseas. He does not hold any other position with the Company or any of its subsidiaries. Mr. Chen does not have any relationship with any other Directors, senior management, substantial shareholders or controlling shareholders of the Company. Mr. Chen has no interest in the securities of the Company within the meaning of Part XV of the SFO.

Apart from Mr. Chen’s monthly salary of HK$120,000 and a discretionary bonus as the Vice President of the Company. Mr. Chen is entitled to monthly director’s remuneration of HK$5,000 and a discretionary bonus which was determined on arm’s length negotiation between the parties with reference to prevailing market conditions. Mr. Chen is appointed for a term of 2 years commencing from 18 December 2012 and subject to renewal and retirement by rotation and reelection pursuant to the Articles. He will hold office until the next following general meeting of the Company and shall be eligible for re-election in accordance with the Articles. Thereafter, he will be subject to retirement by rotation and re-election at annual general meetings of the Company in accordance with the Articles.

Save as disclosed above, in relation to the appointment of Mr. Zhou and Mr. Chen, 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 Board would like to take this opportunity to welcome Mr. Zhou and Mr. Chen to join the Board.

By Order of the Board UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED Chen Runqiang Chairman

Hong Kong, 18 December 2012

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As at the date of this announcement, the Board comprises the following members:

Executive Directors: Mr. Chen Runqiang (Chairman) Mr. Xu Hui (Chief Executive Officer) Mr. Lau Yeung Sang Mr. Zhou Jianhui Mr. Chen Jinyang

Non-Executive Director: Mr. Chow Cheuk Lap

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

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