China U Ton : CHANGE OF STOCK SHORT NAME

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, 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.

CHINA U-TON FUTURE SPACE INDUSTRIAL GROUP HOLDINGS LTD.

中 國 優 通 未 來 空 間 產 業 集 團 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 6168)

CHANGE OF STOCK SHORT NAME

Reference is made to the announcement of China U-Ton Future Space Industrial Group Holdings Ltd. (formerly known as China U-Ton Holdings Limited) (the "Company") dated 5 May 2020, where it was announced that the English name of the Company has been changed

from "China U-Ton Holdings Limited" to "China U-Ton Future Space Industrial Group Holdings Ltd." and the dual foreign name in Chinese has been changed from "中國優通控股 有限公司" to "中國優通未來空間產業集團控股有限公司", both with effect from 9 March

2020.

The Board is pleased to further announce that, in line with its prospective expansion into the area of green and smart building material, decoration and renovation business, the stock short name for trading in the ordinary shares of the Company on the Main Board of the Stock Exchange of Hong Kong Limited will be changed from "CHINA U-TON" to "U-TON FUTURE" in English and from "中國優通" to "優通未來" in Chinese with effect from 9:00 a.m. on 5 August 2020.

By order of the Board

China U-Ton Future Space Industrial Group Holdings Ltd.

Jiang Changqing

Chairman and Executive Director

Hong Kong, 30 July 2020

As at the date of this announcement, the executive directors are Mr. Jiang Changqing, Mr. Zhao Feng, Ms. Ji Huifang, Ms. Liu Jianzhou, Mr. Chen Qizheng and Mr. Liu Zhen; the non-executive director is Mr. Ge Lingyue; the independent non-executive directors are Mr. Meng Fanlin, Mr. Wang Haiyu and Ms. Teng Xun.

Website: www.chinauton.com.hk