United PV Ranked among "Global New Energy Top 500 Enterprises"

Hong Kong, China, 12 October 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, today announced that the Company has been recognized as one of the “Global Top 500 New Energy Enterprises” and was also awarded the “Development Potential Award” at the “5th Global Top 500 New Energy Enterprises Ceremony & 2015 New Energy Development Summit”. In addition, Mr. Alan LI, Chairman and Chief Executive Officer of United PV, has obtained the “Industry Leader Award”.

“Global Top 500 New Energy Enterprises”, with 4 years of history, is initiated and hosted by China Energy News under People's Daily and China Institute of Energy Economics Research, which have been paying close attention to the development of global new energy enterprises. As the nomination foundation of the selection, Research in Global Top 500 New Energy Enterprises has been listed as a soft science project by the National Energy Administration since 2011.

As a leading solar power plant investor and operator in China, United PV has been focusing its resources on developing an accessible and interactive ecological environment for the industry. United PV was enlisted in the first batch of Top Runner Program by the central government earlier this year, and is the first solar energy enterprise which discloses seasonal electricity generation figures to Hong Kong Stock Exchange. United PV will continue to develop collaboration with industry partners at home and abroad, to explore new ways of new energy development. The Company strives to sustain a global photovoltaics cycle, enabling green energy to reach every household.

Mr. LI Hong, Chief Financial Officer of United PV, obtained the award on behalf of the Company in Beijing. He is also invited to give a speech at the summit on “Market Capitalization in New Energy”.