Universal Technologies Holdings Limited — Capital/Financing Update 2016

Nov 25, 2016

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.

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)

FURTHER ANNOUNCEMENT IN RESPECT OF EXEMPTED CONNECTED TRANSACTION

AND VERY SUBSTANTIAL DISPOSAL IN RELATION TO THE DISPOSAL OF 51% OF THE ISSUED SHARE CAPITAL OF INTERNATIONAL PAYMENT SOLUTIONS HOLDINGS LIMITED

Reference is made to the announcement of the Company dated 2 November 2016 (the “ Announcement ’) in relation to the disposal of 51% of the issued share capital of International Payment Solutions Holdings Limited. Capitalised terms used herein shall have the same meanings as those defined in the Announcement unless otherwise specified.

As disclosed in the Announcement, Completion shall take place on the Completion Date, which was originally defined in the Sale and Purchase Agreement as the tenth Business Day after the satisfaction of the Condition, or such later date as agreed by the Parties in writing prior to Completion. On 25 November 2016, the Parties mutually consented in writing to change the Completion Date to a day falling within the period commencing on the first Business Day and ending on the tenth Business Day after the satisfaction of the Condition, or any other date as may be agreed by the Parties in writing prior to Completion.

By order of the Board UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED Chen Jinyang Chairman

Hong Kong, 25 November 2016

As at the date of this announcement, the Board of Directors of the Company comprises four executive Directors namely Mr. Chen Jinyang (Chairman), Mr. Chau Cheuk Wah (Chief Executive Officer), Mr. Zhou Jianhui and Ms. Zhu Fenglian; one non-executive Director namely Ms. Zhang Haimei; and three independent non-executive Directors namely Dr. Cheung Wai Bun, Charles, J.P., Mr. David Tsoi and Mr. Chao Pao Shu George.