Ad hoc Releases

United Power Technology AG: Change in the Management Board

Ad-hoc-Announcement pursuant to Section 15 German Securities Trading Act

Eschborn, Germany, 27 June 2015 – United Power Technology AG today announces that Oliver Kuan will resign as Chief Financial Officer and Management Board member of the Company for personal reasons with effect of 30 June 2015.


The Company will take the necessary measures in order to find a successor shortly. As current finance director of United Power Group, Mr. Zhong Jiayang will take over all responsibilities concerning finance, reporting activities and general Investor Relations matters on an interim basis.


End of Ad-Hoc-Announcement


“We respect Mr Kuan’s decision and want to thank him for his long lasting support and invaluable contributions to the Company. We wish him all the best for his future”, states Mr. Wei Song, Chairman of the Supervisory Board of United Power Technology AG.


Besides, the Company hereby terminates any and all contracts with Mr. Kuan.


For further requests please contact:
Kirchhoff Consult AG
Andreas Friedemann
T: +49 40 60 91 86 50
F: +49 40 60 91 86 60
E-Mail: andreas.friedemann@kirchhoff.de
or visit www.unitedpower.de.com