DGAP-Adhoc 488 0 Kommentare United Power Technology AG: Co-CEO Xu Wu leaves the Company

United Power Technology AG / Key word(s): Change of Personnel

09.05.2016 17:24

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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United Power Technology AG: Co-CEO Xu Wu leaves the Company

Eschborn, Germany, 9 May 2016 - Mr. Xu Wu, Co-CEO and Chairman of the
Management Board of United Power Technology AG, has today informed the
Supervisory Board that he intends to leave the Company for health reasons.
Mr. Xu Wu and the Supervisory Board have agreed today that Mr. Xu Wu will
resign from all his positions with immediate effect.

Mr. Zhong Dong Huang, current Co-CEO will take over all the
responsibilities of Mr. Xu Wu. especially concerning government and key
domestic account relationships as well as the Group strategy. Mr. Zhong
Dong Huang will thus act as Chairman of the Management Board and single
Chief Executive Officer.

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Information and Explanation of the Issuer to this News:

'We would like to thank Mr. Wu for his long lasting support and invaluable
contributions to the Company especially during the challenging situation in
recent years. We are pleased that Mr. Wu will continue to support the
Company in his role as a major shareholder of United Power Technology AG.
We wish him all the best for his future', states Mr. Wei Song, Chairman of
the Supervisory Board of United Power Technology AG.

09.05.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: United Power Technology AG
Mergenthalerallee 10-12
65760 Eschborn
Germany
Phone: +49 6196 400804
Fax: +49 6196 400910
E-mail: ir01@unitedpower.cn
Internet: www.unitedpower.de.com
ISIN: DE000A1EMAK2
WKN: A1EMAK
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart

End of Announcement DGAP News-Service

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