Universal Technologies Holdings Limited — Regulatory Filings 2021

Aug 27, 2021

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)

PROFIT WARNING

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions under Part XIVA of the SFO.

The Board wishes to inform the Shareholders and potential investors that based on the information currently available, the Group is expected to record a significant increase of over 150% in the net loss attributable to the Shareholders for the six months ended 30 June 2021 as compared to the corresponding period in 2020.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

This announcement is made by Universal Technologies Holdings Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (the “ Listing Rules ”) on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong (the “ SFO ”).

The board (the “ Board ”) of directors (the “ Directors ”) of the Company wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that based on the information currently available, the Group is expected to record a significant increase of over 150% in the net loss attributable to the Shareholders for the six months ended 30 June 2021 as compared to the net loss attributable to the Shareholders in the amount of HK$9,157,000 for the six months ended 30 June 2020. The increase of loss was mainly due to (i) the increase in finance costs of the Group’s businesses of water supply services and properties investment and development; and (ii) the recognition of deferred tax credit for provision of cost of sales of the Group’s water supply and related business for the six months ended 30 June 2020 while no similar deferred tax credit was recognised by the Group for the six months ended 30 June 2021.

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The Company is still in the process of finalising its interim results announcement for the six months ended 30 June 2021 (the “ Interim Results Announcement ”). The information contained in this announcement is only based on the Company’s preliminary assessment with reference to the information currently available, including the unaudited management accounts of the Group for the six months ended 30 June 2021 which have not been finalised nor reviewed by the Company’s auditors and may be subject to further adjustments. The actual results of the Group for the six months ended 30 June 2021 may be different from what is disclosed in this announcement. Shareholders and potential investors are advised to read the Interim Results Announcement, which is currently scheduled for publication on 30 August 2021.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED Chen Jinyang Chairman and Chief Executive Officer

Hong Kong, 27 August 2021

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

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