SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 22/05/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Kingdee Int'l                  (08133)        * ISC as at 21/05/02 :         437,750,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
ZHAO YONG                17/05/02 1               67,279,750       67,879,750                                                                                                                                             

STOCK NAME :  Panva Gas Hold                 (08132)        * ISC as at 21/05/02 :         600,198,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
ASIA PACIFIC PROMOTION - 14/05/02 1,3            441,280,062      479,841,600                                             KENSON INV LTD                429,298,462                                            N1         
LIMITED                                                                                                                                                              

KENSON INVESTMENT LIMIT- 14/05/02 1,3            429,298,462      467,760,000                                                                                                                                  N1         
ED                                                                                                                                                                   

SINOLINK WORLDWIDE HOLD- 14/05/02 1,3            429,298,462      467,760,000                                             KENSON INV LTD                429,298,462                                            N1         
INGS LIMITED                                                                                                                                                         

STOCK NAME :  Smartech                       (08068)        * ISC as at 21/05/02 :       4,700,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
DIAMONDS AND PEARLS LIM- 15/05/02 1            1,956,000,000    1,956,000,000                                                                                                                                  N2         
ITED                                                                                                                                                                 

LAW MAN MING             15/05/02 1,5          1,956,000,000    1,956,000,000                                             DIAMONDS AND PEARLS LTD     1,956,000,000                                            N2         

NEW UNIVERSE ENTERPRISE- 15/05/02 1,2          1,363,000,000                0                                                                                                                                  N2         
S LIMITED                                                                                                                                                            

TANG KWOK YUEN           15/05/02 1,5          1,956,000,000    1,956,000,000                                             DIAMONDS AND PEARLS LTD     1,956,000,000                                            N2         

XI YU                    15/05/02 1,2          1,363,000,000                0                                             NEW UNIVERSE ENTERPRISE-    1,363,000,000                                            N2         
                                                                                                                          S LTD                                      


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.
                                                                               SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 22/05/02  PAGE:   2
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Universal Tech                 (08091)        * ISC as at 21/05/02 :         608,300,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
LAU YEUNG SANG           13/05/02 5              364,370,000      406,600,000                                             WORLD ONE INV LTD             359,570,000  WU WAI LAI                      4,800,000 N3         

WORLD ONE INVESTMENTS L- 13/05/02 4              359,570,000      401,800,000                                                                                                                                  N3         
TD                                                                                                                                                                   

STOCK NAME :  Wafer Systems                  (08198)        * ISC as at 21/05/02 :         282,268,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
CHAN SEK KEUNG RINGO     17/05/02 2,5             56,400,000                0                                             WOODSTOCK MANAGEMENT LT-       56,400,000                                                       
                                                                                                                          D                                          

WOODSTOCK MANAGEMENT LI- 17/05/02 2               56,400,000                0                                                                                                                                             
MITED                                                                                                                                                                


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.

                                                                                               *****  END OF REPORT  *****
Notes:


N1     Please refer to the Company's announcement of 14 May 2002.    

N2     On 15 May 2002 Diamonds and Pearls Limited ("D&P") entered into an
       agreement with New Universe Enterprises Limited ("NUEL"), pursuant
       to which D&P has agreed to sell and NUEL has agreed to purchase
       1,363,000,000 shares of HK$0.005 each in the capital of Smartech
       Digital Manufacturing Holdings Limited (each a "Share") for a
       consideration of HK$0.013 per share.

       On 15 May 2002, D&P entered into a placing agreement with Taifair
       Securities Limited ("Taifair"), pursuant to which Taifair has agreed,
       as agent of D&P, procure the placing of 593,000,000 Shares to placers
       who are independent of and not connected with any director, chief
       executive, management shareholders or substantial shareholders of
       Smartech, NUEL, New Universe Holdings Limited, their respective
       subsidiaries or associates (as defined in the GEM Listing Rules),
       failing which, Taifair shall purchase these Shares as principal.  For
       details, please refer to the Company's announcement of 17 May 2002.

N3     Mr. Lau Yeung Sang, being the substantial shareholder and director of
       Universal Technologies Holdings Ltd ("the Company"), disposed of
       58,900,000 shares in the Company in aggregate through World One
       Investments Ltd, the wholly owned company of Mr. Lau Yeung Sang,
       to 3 independent third parties of the Company on 15 May 2002.
       The no. of shares transferred were 55,000,000 shares, 2,970,000 shares
       and 930,000 shares respectively at the consideration of HK$1.08/share,
       HK$1.43/share and HK$1.38/share respectively.

N4     Subdivision of share

N5     Total consideration:  HK$3

N6     Scrip dividend

N7     Consideration:  HK$0.05