Hong Kong, China, 31 August 2015 - United Photovoltaics Group Limited (“United PV” or the “Company”, stock code: 00686.HK, whose largest shareholder is China Merchants New Energy Group “CMNE”), a leading solar power plant investor and operator in China, is pleased to announce its inclusion in the five major indexes compiled by Hang Seng Indexes Company Limited, namely Hang Seng Composite Index (“HSCI”) Series (HSCI, HSCI - industrials, Hang Seng Composite MidCap & SmallCap Index, Hang Seng Composite SmallCap Index) and Hang Seng Global Composite Index, with effect from 14 September 2015.

The HSCI offers a comprehensive Hong Kong market benchmark that covers about the top 95th percentile of the total market capitalization of companies listed on the Main Board of the Stock Exchange of Hong Kong (“HKEx”). Adopting the freefloat-adjusted market capitalization methodology, the HSCI can be used as a basis for index funds, mutual funds as well as performance benchmarks. HSMSI and HSSI aim at reflecting the overall performance of MidCap & SmallCap sectors respectively. HSGCI serves as a benchmark that reflects the overall performance of all companies listed on the HKEx.

United PV’s joining of Hang Seng family of indexes represents the capital market’s recognition on the Company’s strategies and results, as well as United PV’s business performance and prospects. The managements believe it will further enhance the Company’s reputation and position in the international capital market and strengthen investors’ confidence in the Company. Looking forward, United PV will spare no effort to contribute to China’s solar power industry and provide safe and clean green new energy. With central government’s staunch support, United PV firmly believes in the prospect of the industry. The Company will further leverage on its own advantages, so as to maximize the returns for its investors.