Today's Information

Provided by: UNITED ALLOY-TECH COMPANY
SEQ_NO 2 Date of announcement 2022/01/25 Time of announcement 11:38:44
Subject
 Clarify media coverage
Date of events 2022/01/25 To which item it meets paragraph 53
Statement
1.Date of occurrence of the event:2022/01/25
2.Company name:UNITED ALLOY-TECH COMPANY
3.Relationship to the Company (please enter ��head office�� or
  ��subsidiaries��):head office
4.Reciprocal shareholding ratios:N/A
5.Name of the reporting media:Commercial Times /B04
6.Content of the report:
Under the guidance of the policy support from the other side, the total
sales of new energy vehicles, including pure electric vehicles, in mainland
China this year hit a new high of 5 million, a 42% increase from last year.
Due to the continuous increase in the demand for lightweight parts such as
aluminum die-casting and carbon fiber for electric vehicles, the performance
of the legal person named Cayman Engley -KY (2239), UATC (3162) and other
related production plants will be significantly improved.
UATC accepts orders for all electric vehicle battery boxes from Minth Group.
The newly invested Hubei Xianning plant is expected to start production in
the second quarter. Through EVE Energy Co., Ltd., a well-known electric
vehicle battery manufacturer in mainland China, it has entered the supply
chain of many electric vehicle manufacturers in mainland China. The legal
person is optimistic about this year's performance with an annual increase
of 70%, reaching 2.4 billion yuan.
7.Cause of occurrence:Media reports
8.Countermeasures:The Company does not provide nor disclose any projected
financial information to the public. The data quoted in the relevant reports
are all estimated by the market legal person and collected by the media.
Please refer to the Company's announcements in MOPS for all financial and
business information. It is hereby clarified.
9.Any other matters that need to be specified:NA

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

United Alloy-Tech Co. published this content on 25 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2022 03:56:03 UTC.