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    2337   KYG9354A1031

UNITED STRENGTH POWER HOLDINGS LIMITED

(2337)
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United Strength Power : SUPPLEMENTAL ANNOUNCEMENT CONTINUING CONNECTED TRANSACTION REVISION OF ANNUAL CAPS FOR THE SUPPLY OF REFINED OIL PRODUCTS

04/29/2021 | 04:45am EDT

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

UNITED STRENGTH POWER HOLDINGS LIMITED

眾 誠 能 源 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2337)

SUPPLEMENTAL ANNOUNCEMENT

CONTINUING CONNECTED TRANSACTION

REVISION OF ANNUAL CAPS FOR THE SUPPLY OF

REFINED OIL PRODUCTS

Reference is made to the announcement of United Strength Power Holdings Limited (the "Company") dated 27 April 2021 (the "Announcement") in relation to the revision of annual caps for the supply of refined oil products. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

The Company would like to provide the Shareholders and potential investors of the Company with further information as follows:

FURTHER INFORMATION OF UNITED STRENGTH VEHICLE SERVICE

United Strength Vehicle Service is beneficially owned as to approximately 54.9% and approximately 45.1% by Beijing Zhonghui Hongcheng Investment Management Company Limited* (北京眾輝弘晟投資管理有限公司) ("Beijing Zhonghui"), and Changchun Yitonghe respectively as at the date of the Announcement.

Beijing Zhonghui is principally engaged in project investments; provision of catering and conference services; provision of financial and economic consultation and investment management; and leasing of office and business premises and vehicles.

- 1 -

Based on publicly available information as at the date of the Announcement, Beijing Zhonghui's registered capital was owned as to approximately 82.33% by Xie Jingshan (謝京 山) and as to approximately 17.67% by Dai Shaojun (代紹軍). To the best of the Directors' knowledge, information and belief, the ultimate beneficial owners of Beijing Zhonghui are Independent Third Parties.

By order of the Board

United Strength Power Holdings Limited

Mr. Zhao Jinmin

Chairman and chief executive officer

Hong Kong, 29 April 2021

As at the date of this announcement, the Board comprises four executive Directors, being Mr. Zhao Jinmin, Mr. Liu Yingwu, Mr. Yuan Limin and Mr. Ma Haidong, the non-executive Director, being Mr. Xu Huilin, and three independent non-executive Directors, being Ms. Su Dan, Mr. Lau Ying Kit and Mr. Zhang Zhifeng.

- 2 -

Disclaimer

United Strength Power Holdings Ltd. published this content on 29 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2021 08:44:03 UTC.


© Publicnow 2021
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Financials
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 2 979 M 444 M 444 M
EV / Sales -1
EV / Sales 0
Nbr of Employees 1 768
Free-Float 26,6%
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Jin Min Zhao Chairman & Chief Executive Officer
Wai Kit Lo Chief Financial Officer & Secretary
Xiao Dan Bian Chief Administrative Officer
Dan Su Independent Non-Executive Director
Ying Kit Lau Independent Non-Executive Director
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