United Power Technology AG changes from Prime Standard to General Standard

Eschborn, Germany, December 28, 2016 – United Power Technology AG (United Power), one of the leading manufacturers of engine-driven power equipment in China, has been listed in the Prime Standard at Frankfurt Stock Exchange since the IPO June 10, 2011. As of today, the Company changed the segment to the General Standard.

The Management Board considers the General Standard to be the appropriate stock market segment for United Power at the present time. Since the General Standard is a regulated market segment too, the shareholders will still benefit from a high level of transparency as well as share tradability.

About United Power Technology Group
United Power Technology Group designs, develops, manufactures and sells engines and an extensive range of engine-driven power equipment, including generators, outdoor power equipment, as well as components. Its major products comprise residential as well as commercial generators, which are currently delivered to end users in more than 70 countries around the world. The operational companies of United Power Technology Group are incorporated under the laws of the People’s Republic of China and located in Fuzhou and Shanghai, China.

For further requests please contact:
Kirchhoff Consult AG
Andreas Friedemann
T: +49 40 60 91 86 50
F: +49 40 60 91 86 60
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Disclaimer concerning prognoses
This communication contains forward-looking statements. Forward-looking statements are statements that are not historical facts instead they reflect United Power’s current views and expectations and the assumptions underlying them about future events. Forward-looking statements are subject to many risks and uncertainties. If any of such risks and uncertainties materialise or if the assumptions underlying any of United Power’s forward-looking statements are proving to be incorrect, United Power’s actual results may be materially different from those expressed or implied by such forward-looking statements. United Power does not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made.