Company Profile

Corporate Structure

United Power Technology AG is the ultimate holding company of United Power Technology Group. The economic development of the holding is to a large degree depended on the development of the respective subsidiaries abroad.

 

The holding company and all subsidiaries are included in the consolidated financial statements where United Power Technology AG has direct or indirect control. United Power Technology AG is a public limited company under German law. The Company is registered with the Commercial Register of Frankfurt/Main, Germany under HRB 88245. The Company has been listed on the regulated market of the Frankfurt Stock Exchange since 10 June 2011.


The intermediate holding company United Power Equipment Co., Ltd. (“UP HK-Holding”) is located in Hong Kong. The operating companies, United Power Equipment Co., Ltd. (“UPEC”), Fujian United Power Equipment Co., Ltd. (“FUPEC”), Sealand Machinery Co., Ltd. (“SMC”), Fujian Di Sheng Wan Kai Machinery Co., Ltd. (“DWC”), Shanghai Genmaster International Trading Co., Ltd. (“Genmaster Shanghai”), are located in Fuzhou and Shanghai. In 2014 UPEC acquired the remaining 49% stake in DWC. All companies are subsidiaries and are included in the consolidated financial statements of United Power Technology AG.

 


The Structure of United Power Technology Group