Disclosure Statement
Pursuant to the Pink Basic
Disclosure Guidelines
Universal Solar Technology,
Inc.
11811 North Freeway, Suite 500
Houston, Texas 77060
________________________________
1- 832-229-7046
www.universalsolartechnology,com
paul.landrew@universalsolartechnology.
com
SIC: 3433

Annual Report
For the fiscal year endedPeriod Ending: December 31,
2013

our Common Stock was: 600,549,974 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer or a smaller reporting company. See definition of “large accelerated filer,” or a smaller reporting company in Rule 12b-2 of the Exchange Act.

AsAct of June 30, 2013,1934): Yes: ? No: ? Indicate by check mark whether the registrant’s common stock was not trading on active markets and therefore had no readily determinable market value.

On one or more occasions, we may make forward-looking statements incompany has occurred over this Annual Report on Form 10-K regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “targets,” “will likely result,” “will continue” or similar expressions identify forward-looking statements. These forward-looking statements are only our predictionsreporting period: Yes: ? No: ? 1) Name of the issuer and involve numerous assumptions, risksits predecessors (if any) In answering this item, please also provide any names used by predecessor entities and uncertainties, including, but not limited to those listed below and those business risks and factors described elsewhere in this report and our other Securities and Exchange Commission filings.

We undertake no obligation to publicly update or revise any forward-looking statements, whether as a resultthe dates of new information, future events or otherwise. However, your attention is directed to any further disclosures made on related subjects in our subsequent annual and periodic reports filed with the Securities and Exchange Commission on Forms 10-K, 10-Q and 8-K.

Unless the context requires otherwise, references to “we,” “us,” “our,” the “Company” and “the Company” refer specifically toname changes. Universal Solar Technology, Inc.

Universal Solar Technology, Inc.Date and state (or jurisdiction) of incorporation (also describe any changes to incorporation since inception, if applicable) Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive): The company was incorporated in the State of Nevada on July 24, 2007. It operates2007 and is currently active with the State. Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years? Yes: ? No: ? If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below: N/A 2) Security Information Trading symbol: UNSS Exact title and class of securities outstanding: Common CUSIP: 913836102 Par or stated value: $.0001 Total shares authorized: 2,500,000,000 as of date: 12/31/19 Total shares outstanding: 600,549,974 as of date: 12/31/19 Number of shares in the Public Float : 52,579,974 as of date: 12/31/19 Total number of shareholders of record: 60 as of date: 12/31/19 All additional class(es) of publicly traded securities (if any): Trading symbol: N/A Exact title and class of securities outstanding: CUSIP: Par or stated value: Total shares authorized: as of date: Total shares outstanding: as of date: Transfer Agent Name: V Stock Transfer, LLC Phone: 212-828-8436 Email: info@vstocktransfer.com Is the Transfer Agent registered under the Exchange Act? Yes: ? No: ? Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors: None List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months: None 3) Issuance History The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period. Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events. A. Changes to the Number of Outstanding Shares Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ? Shares Outstanding as of Second Most Recent Fiscal Year End: Opening Balance Date 12/31/17 Common: 72,599,974 Preferred: N/A *Right-click the rows below and select "Insert" to add rows as needed. Date of Transaction Transaction type (e.g. new issuance, cancellation, shares returned to treasury) Number of Shares Issued (or cancelled) Class of Securities Value of shares issued ($/per share) at Issuance Were the shares issued at a discount to market price at the time of issuance? (Yes/No) Individual/ Entity Shares were issued to (entities must have individual with voting / investment control disclosed). Reason for share issuance (e.g. for cash or debt conversion) -OR- Nature of Services Provided Restricted or Unrestricted as of this filing. Exemption or Registration Type. 01/25/2018 Issuance 20000000 Common N/A No Stephani L. Bankett Officer Restricted Section 4(a)(2) 01/25/2018 Issuance 200000000 Common N/A No Darrell A Calloway Officer Restricted Section 4(a)(2) 01/25/2018 Issuance 20000000 Common N/A No Elbert Hamilton Officer Restricted Section 4(a)(2) 01/25/2018 Issuance 200000000 Common N/A No Paul D Landrew Officer Restricted Section 4(a)(2) 01/25/2018 Issuance 30000000 Common N/A No Tracy Wilkerson Officer Restricted Section 4(a)(2) 01/262018 Issuance 1195880 Common N/A No Cede & CO Restricted Section 4(a)(2) 04/25/2018 Cancellation 200000000 Common N/A No Darrell A. Calloway Officer Restricted Section 4(a)(2) 04/25/2018 Cancellation 200000000 Common N/A No Paul D Landrew Officer Restricted Section 4(a)(2) 04/27/2018 Issuance 5000000 Common N/A No Marilyn R Haynes Gift Restricted Section 4(a)(2) 04/27/2018 Issuance 25000000 Common N/A No Caleb J Landrew Gift Restricted Section 4(a)(2) 04/27/2018 Issuance 25000000 Common N/A No Corbin J Landrew Gift Restricted Section 4(a)(2) 04/27/2018 Issuance 25000000 Common N/A No Kimberly R Landrew Gift Restricted Section 4(a)(2) 04/27/2018 Issuance 50000000 Common N/A No Paul D. Landrew Officer Restricted Section 4(a)(2) 04/27/2018 Issuance 25000000 Common N/A No LaTeisha J. Landrew Gift Restricted Section 4(a)(2) 04/27/2018 Issuance 25000000 Common N/A No Johnny Smith Gift Restricted Section 4(a)(2) 04/27/2018 Issuance 10000000 Common N/A No Wayne Nobles Gift Restricted Section 4(a)(2) 04/27/2018 Issuance 10000000 Common N/A No St Stephen Baptist Church - Ernest Schell Control Person Gift Restricted Section 4(a)(2) 05/22/2018 Issuance 160000000 Common N/A No Darrell A Calloway Officer Restricted Section 4(a)(2) 05/22/2018 Issuance 20000000 Common N/A No John Stokes Gift Restricted Section 4(a)(2) 05/22/2018 Issuance 20000000 Common N/A No Austin A Smith Gift Restricted Section 4(a)(2) 08/03/2018 Cancellation 30000000 Common N/A No Tracy Wilkerson Officer Restricted Section 4(a)(2) 08/03/2018 Issuance 28800000 Common N/A No Tracy Wilkerson Officer Restricted Section 4(a)(2) 08/03/2018 Issuance 200000 Common N/A No Skyler Wilkerson Gift Restricted Section 4(a)(2) 08/03/2018 Issuance 200000 Common N/A No Tanesia C Wilkerson Gift Restricted Section 4(a)(2) 08/03/2018 Issuance 200000 Common N/A No Traci S Wilkerson Gift Restricted Section 4(a)(2) 08/03/2018 Issuance 200000 Common N/A No Trenton S Wilkerson Gift Restricted Section 4(a)(2) 08/03/2018 Issuance 200000 Common N/A No Tanesia C / C/F Tristyn S Wilkerson Gift Restricted Section 4(a)(2) 08/03/2018 Issuance 200000 Common N/A No Tanesia C / C/F Tia S Wilkerson Gift Restricted Section 4(a)(2) 08/10/2018 Issuance 2000000 Common N/A No Tamiko L Brock Employee Restricted Section 4(a)(2) 08/10/2018 Issuance 85000 Common N/A No Freddie Hackney III Gift Restricted Section 4(a)(2) 08/10/2018 Issuance 85000 Common N/A No Tyrone Hackney Gift Restricted Section 4(a)(2) 08/10/2018 Issuance 85000 Common N/A No Nicholas Jefferson Gift Restricted Section 4(a)(2) 08/10/2018 Issuance 160000 Common N/A No Ricky Plair Gift Restricted Section 4(a)(2) 08/10/2018 Issuance 5450000 Common N/A No Stock Vest - Art Brent Control Person Services - Public Relations Restricted Section 4(a)(2) Shares Outstanding on Date of This Report: Ending Balance Ending Balance: Date 12/31/2019 Common: 600,549,974 Preferred: N/A Example: A company with a fiscal year end of December 31st, in addressing this item for its quarter ended September 30, 2019, would include any events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2017 through September 30, 2019 pursuant to the tabular format above. Use the space below to provide any additional details, including footnotes to the table above: B. Debt Securities, Including Promissory and Convertible Notes Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities. Check this box if there are no outstanding promissory, convertible notes or debt arrangements: ? Date of Note Issuance Outstanding Balance ($) Principal Amount at Issuance ($) Interest Accrued ($) Maturity Date Conversion Terms (e.g. pricing mechanism for determining conversion of instrument to shares) Name of Noteholder (entities must have individual with voting / investment control disclosed). Reason for Issuance (e.g. Loan, Services, etc.) 12/03/2016 $20,000 $25,000 N/A Stated in note relative to the dismissal of court case in Nevada - A-16- 74115-C "At any time before the Maturity Date, Maker shall have the right but not the obligation, to cause the Holder to convert this Note into Common Stock of the Maker or any security convertible into Common Stock of the Maker (the "Conversion Shares"), based on a conversion price equal to the lesser (1) the average price at which the Maker sells its wholly owned subsidiary, Kuong U Science & Technology (Group) Ltd. (“Kuong U”Common Stock during the sixty (60) days prior to the conversion or (ii) the par value of the Maker's Common Stock (the "Conversion Price"), The Arminda Group - Tamiko Plair Control Person Loan Use the space below to provide any additional details, including footnotes to the table above: 4) Financial Statements A. The following financial statements were prepared in accordance with: ? U.S. GAAP ? IFRS B. The financial statements for this reporting period were prepared by (name of individual) : Name: J. Anthony Barr, CPA, Esq. Title: CPA Relationship to Issuer: Professional Services Provider Provide the financial statements described below for the most recent fiscal year or quarter. For the initial disclosure statement (qualifying for Pink Current Information for the first time) please provide reports for the two previous fiscal years and any subsequent interim periods. C. Balance sheet; D. Statement of income; E. Statement of cash flows; F. Statement of Changes in Shareholders' Equity G. Financial notes; and H. Audit letter, if audited You may either (i) attach/append the financial statements to this disclosure statement or (ii) file the financial statements through OTCIQ as a separate report using the appropriate report name for the applicable period end. ("Annual Report," "Quarterly Report" or "Interim Report"). If you choose to publish the financial statements in a separate report as described above, you must state in the accompanying disclosure statement that such financial statements are incorporated by reference. You may reference the document(s) containing the required financial statements by indicating the document name, period end date, and the date that it was posted to OTCIQ in the field below. Financial Statements must be compiled in one document. The 2018 Annual Financial Statements are included in this disclosure. Financial statement information is considered current until the due date for the subsequent report (as set forth in the qualifications section above). To remain qualified for Current Information, a company incorporated in Macau, People’s Republicmust post its Annual Report within 90 days from its fiscal year-end date and Quarterly Reports within 45 days of China (“PRC”each fiscal quarter-end date. 5) Issuer's Business, Products and Services The purpose of this section is to provide a clear description of the issuer's current operations. In answering this item, please include the following: A. Summarize the issuer's business operations (If the issuer does not have current operations, state "no operations") on May 10, 2007No Operations B. Describe any subsidiaries, parents, or affiliated companies, if applicable, and its subsidiary, Nanyanga description of such entity's business, contact information for the business, officers, directors, managers or control persons. Subsidiary information may be included by reference The Arminda Group, LLC is the parent company of Universal Solar Technology, Co., Ltd. (“NUST”),Inc. C. Describe the issuers' principal products or services, and their markets N/A 6) Issuer's Facilities The goal of this section is to provide a wholly foreignpotential investor with a clear understanding of all assets, properties or facilities owned, enterprise (“WFOE”) registered on September 8, 2008 underused or leased by the wholly foreign-owned enterprises lawsissuer. In responding to this item, please clearly describe the assets, properties or facilities of the PRC.

In 2009, prior to construction of NUST’s factory, which is located in Henan province, PRC, we subcontractedissuer, give the manufacture of photovoltaic (“PV”) modules and solar lighting systems to Zhuhai Yuemao Laser Facility Engineering Co., Ltd. (“Yuemao Laser”), a related party.  In July 2010, NUST’s newly constructed factory started operations, and in September 2010, began shipping silicon wafers to the market in China.  Since then, we have been devoting ourselves to extending our product lines to include higher value-added products, expanding production capacity, lowering production costs and increasing our market share. 

We produce silicon wafers by extracting purified mono-crystalline silicon from virgin poly-silicon feedstock utilizing mono-crystalline silicon ingot growers. Then, we cut the purified mono-crystalline silicon ingots into silicon wafers with multi-wire saws. Silicon wafers are onelocation of the most important components in solar cells.

We have acquired land-use rights to 71,346 square meters in Henan Province, PRC for industrial usage.  The land use rights expire on July 23, 2060. We began the construction of our manufacturing facilities on this site in 2008.  As of December 31, 2013, we have completed the construction of five workshops. Two outother property of the five workshops are in operation with each comprises of 2,016 square meters.

As of December 31, 2013,issuer and describe the net book value of our property, plant and equipment was $2,914,789.

Expanding our production capacity will require additional equipment which will require significant cash. Also, we will need significant working capital to purchase raw materials and defray production overhead. In addition, increasing our market share will require significant marketing efforts which will also require significant capital.  Our current financial condition makes raising the necessary capital extremely difficult and there is no guarantee that we will be able to do so in the near future or at all.

The past two decades have witnessed China’s significant increase of electricity production. According to United Nations Statistical Commission, China’s gross electricity production increased from 621,200 million Kilowatt-hours in 1990 to 3,281,553 million Kilowatt-hours in 2007, with compound annual growth rate of 10.3%. Comparably, during the same period, United State’s gross electricity production increased from 3,179,247 million Kilowatt-hours to 4,348,856 million Kilowatt-hours, representing compound annual growth rate of 1.9%. Obviously, China is becoming one of the world’s largest producers of electricity. The following chart underlines gross electricity production of several major countries duringproperties. If the period of 1990 to 2007.

Given the apparent advantages of solar power-based electricity production, many countries across the world are developing their electricity production capability with solar energy. According to United Nations Statistical Commission, in 1997 Germany produced 8 million Kilowatt-hours with solar power, while it produced 3,075 million Kilowatt-hours in 2007, denoting annual compound annual growth rate of 81.3% but only accounts for 0.5% of Germany’s gross electricity productiondisclosure of the 2007.

The executive team also handles direct sales activities, while managing operations, product line enhancements, customer care,issuer, as well as vendorthe identity of any significant or beneficial shareholders. Using the tabular format below, please provide information, as of the period end date of this report, regarding any person or entity owning 5% of more of any class of the issuer's securities, as well as any officer, and agent relationships.any director of the company, regardless of the number of shares they own. If any listed are corporate shareholders or entities, provide the name and address of the person(s) beneficially owning or controlling such corporate shareholders, or the name and contact information of an individual representing the corporation or entity in the note section. Name of Officer/Director or Control Person Affiliation with Company (e.g. Officer/Director/Owner of more than 5%) Residential Address (City / State Only) Number of shares owned Share type/class Ownership Percentage of Class Outstanding Note Paul D Landrew Officer Houston, Texas 50000000 Common 8% ------------------ Darrell A dedicated direct sales forceCalloway Officer Houston, Texas 160000000 Common 26.6% ------------------ The Arminda Group, LLC - Tamiko Plair Control Person Parent Company Houston, Texas 200000000 Common 33.3% These are the shares associated with the Note currently held by The Arminda Group, LLC 8) Legal/Disciplinary History A. Please identify whether any of the persons listed above have, in the past 10 years, been the subject of: 1. A conviction in a criminal proceeding or named as a defendant in a pending criminal proceeding (excluding traffic violations and senior sales executives will be hiredother minor offenses); None 2. The entry of an order, judgment, or decree, not subsequently reversed, suspended or vacated, by a court of competent jurisdiction that permanently or temporarily enjoined, barred, suspended or otherwise limited such person's involvement in any type of business, securities, commodities, or banking activities; None 3. A finding or judgment by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission, the Commodity Futures Trading Commission, or a state securities regulator of a violation of federal or state securities or commodities law, which finding or judgment has not been reversed, suspended, or vacated; or None 4. The entry of an order by a self- regulatory organization that permanently or temporarily barred, suspended, or otherwise limited such person's involvement in any type of business or securities activities. None B. Describe briefly any material pending legal proceedings, other than ordinary routine litigation incidental to sellthe business, to targeted trade channelswhich the issuer or any of its subsidiaries is a party or of which any of their property is the subject. Include the name of the court or agency in China,which the USproceedings are pending, the date instituted, the principal parties thereto, a description of the factual basis alleged to underlie the proceeding and Europe. This expanded direct sales team is expectedthe relief sought. Include similar information as to any such proceedings known to be contemplated by governmental authorities. None 9) Third Party Providers Please provide the major force behind our growth. Emphasis will be given to growingname, address, telephone number and qualifying large accounts, and/email address of each of the following outside providers: Securities Counsel Name: Andrew Coldicutt Firm: The Law Offices of Andrew Coldicutt Address 1: 1220 Rosecrans Street, PMB 258 Address 2: San Diego, CA 92106 Phone: 619-228-4970 Email: Andrew@ColdicuttLaw.com Accountant or high margin products across markets inAuditor Name: J. Anthony Barr, CPA, Esq. Firm: Barr Law and CPA Firm Address 1: 11811 North Freeway, Suite 500 Address 2: Houston, Texas 77060 Phone: 71-836-9601 Email: lawandcpa@outlook.com Investor Relations Name: Firm: Address 1: Address 2: Phone: Email: Other Service Providers Provide the European Union member countries. 

We also intend to align ourselves with a numbername of specialized representatives and performance based contractors. These consist of individualsany other service provider(s) that that assisted, advised, prepared or small groups, who dedicate their respective sales and marketing efforts to either a limited number of companies or particular industry segments. They are small firms, each with 1-5 salespeople that we may have under contract. They will introduce our higher margin products to potential new customers in new industry segments. 

The solar energy and renewable energy industries are both highly competitive and continually evolving as participants strive to distinguish themselves within their markets and compete within the larger electric power industry. Within the renewable energy industry, Universal Solar believes that the main sources of competition are crystalline silicon solar module manufacturers, other thin film solar module manufacturers and companies that develop solar thermal and concentrated photovoltaic technologies. Among photovoltaic module and cell manufacturers, the principal methods of competition are price per watt, production capacity, conversion efficiency and reliability. We believe that we can compete favorablyprovided information with respect to these factors; however, we also believe that our growing focus on providing aesthetically pleasing modular solutionsthis disclosure statement. This includes counsel, advisor(s) or consultant(s) or provided assistance or services to the issuer during the reporting period. Name: Firm: Nature of Services: Address 1: Address 2: Phone: Email: Name: Firm: Nature of Services: Address 1: Address 2: Phone: Email: 10) Issuer Certification Principal Executive Officer: The issuer shall include certifications by the chief executive officer and an array of value added services and products helps further differentiate us from similar peers.

With respect to our Chinese competitors, we view our strong marketing abilities and flexibility in rapidly bringing new products to market as our key advantages. It should be noted that many competitors are larger and have morechief financial resources, larger production capacities and greater brand name recognition which may, as a result, put them in a better position to adapt to changes in the industry or the economy as a whole. Additionally, because global supply of pure silicon is becoming scarce due to high demand in solar-powered appliances and technologies, we are evaluating opportunities to acquire and/or enter into a joint-venture with a silicon mine which will help control cost pressures of related rising silicon prices. 

In February 2005, China enacted its Renewable Energy Law,circumstances under which became effective on January 1, 2006. The Renewable Energy Law sets forth policies to encourage the development and use of solar energy and other non-fossil energy. The renewable energy law sets out the national policy to encourage and support the use of solar and other renewable energy and the use of on-grid generation. It also authorizes the relevant pricing authorities to set favorable prices for the purchase of electricity generated by solar and other renewable power generation systems.

The law also sets out the national policy to encourage the installation and use of solar energy water-heating systems, solar energy heating and cooling systems, solar photovoltaic systems and other solar energy utilization systems. It also provides the general principles regarding financial incentives for the development of renewable energy projects. The projects, as listed in the renewable energy industry development guidance catalogue, may obtain preferential loans from financial institutions and can enjoy tax preferences. The State Council is authorized to stipulate the specific tax preferential treatments. However, so far, no rules have been issued by the State Council pertaining to this matter. In January 2006, China’s National Development and Reform Commission promulgated two implementation directives of the Renewable Energy Law. These directives set out specific measures in setting prices for electricity generated by solar and other renewal power generation systems and in sharing additional expenses occurred. The directives further allocate the administrative and supervisory authorities among different government agencies at national and provincial levels and stipulate responsibilities of electricity grid companies and power generation companiessuch statements were made, not misleading with respect to the implementation ofperiod covered by this disclosure statement; and 3. Based on my knowledge, the Renewable Energy Law.

An investment in our common stock is speculative and involves an extremely high degree of risk and uncertainty. You should carefully consider the risks described below, together with the other information contained in this annual report, including the consolidated financial statements, and notes thereto of our Company, before deciding to investother financial information included or incorporated by reference in our common stock. The risks described below are notthis disclosure statement, fairly present in all material respects the only ones facing our Company. Additional risks not presently known to us or that we presently consider immaterial may also adversely affect our Company. If any of the following risks occur, our business, financial condition, results of operations, and the value of our common stock could be materially and adversely affected.

One of our growth strategies is to grow organically by increasing the distribution and sales of our products in new markets outside of China. However, entering new markets faces many obstacles, including the costs to entering into new markets, developing and implementing effective marketing efforts abroad, and maintaining attractive foreign exchange ratios. We cannot assure you that we will be able to successfully overcome such obstacles and establish our products in any additional markets. Our inability to successfully implement our organic growth strategy may have a negative impact on our growth strategy, our future financial condition, results of operations and cash flows.

In addition to our organic growth strategy, we also expect to grow through strategic acquisitions. We intend to pursue opportunities to acquire businesses that are complementary or related to our existing product lines or may execute a potential joint venture or acquisition with a silicon mine or other strategic partner.  We may not be able to locate suitable acquisition or joint venture candidates at prices that we successfully consider appropriate.  If we do identify an appropriate candidate, we may not be able to successfully negotiate the terms of an acquisition, finance the acquisition on terms that are satisfactory to us or if the acquisition occurs successfully, integrate the acquired business into our existing business.  Acquisitions of businesses or other material operations may require debt financing or additional equity financing, resulting in leverage or dilution of ownership. Integration of acquired business operations could disrupt our business by diverting management away from day-to-day operations.  The difficulties of integration may be increased by the necessity of coordinating geographically dispersed organizations, integrating personnel with disparate business backgrounds and combining different corporate cultures.  We also may not be able to maintain key employees or customers of an acquired business or realize cost efficiencies or synergies or other benefits we anticipated when selecting our acquisition candidates.  In addition, we may need to record write-downs from future impairments of intangible assets, which could reduce our future reported earnings. At times, acquisition candidates may have liabilities or adverse operating issues that we fail to discover through due diligence prior to the acquisition which will be required to comply with lawsflows of the People’s Republicissuer as of, China (“PRC”and for, the periods presented in this disclosure statement. 08/031/2020 /s/Paul D. Landrew [CEO's Signature] (Digital Signatures should appear as "/s/ [OFFICER NAME]"), Principal Financial Officer: I, Paul D. Landrew certify that: 1. I have reviewed this Annual Disclosure Statement of Universal Solar Technology, Inc. 2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to the extent applicable.  There can be no assurance that any proposed acquisition will be able to comply with PRC requirements, rules and/or regulations, or that we will successfully obtain governmental approvals to the extent required, which may bestate a material fact necessary to consummate such acquisitions.

Our business plan and growth strategy are based on currently prevailing circumstances andmake the assumption that certain circumstances will or will not occur, as well as the inherent risks and uncertainties involvedstatements made, in various stages of development.  However, there is no assurance that we will be successful in implementing our strategies or that our strategies, even if implemented, will lead to the successful achievement of our objectives.  If we are not able to successfully implement our strategies, our business operations and financial performance may be adversely affected.

The PV market is intensely competitive and rapidly evolving. According to Photon International’s survey in March 2006, aslight of the end of 2005, 94 companies in the world produced PV cells and 153 companies produced PV modules. The solar PV industry also saw a boom in silicon production facilities around the world, responding to silicon feedstock shortages of recent years. Solar PV manufacturerscircumstances under which such statements were signing long-term contracts to ensure a growing supply, and silicon manufacturers are consistently announcing plans to build new plants.  By the end of 2007, more than 70 silicon manufacturing facilities were being constructed or planned. (http://www.ren21.net/pdf/RE2007_Global_Status_Report.pdf, Page 19). Many of our potential competitors have established more prominent market positions, and if we fail to attract and retain customers and establish successful distribution networks in our target markets for our products, we will be unable to generate sales.  Our competitors include PV divisions of large conglomerates such as Royal Sanyo Group and Sharp Corporation, specialized cell manufacturers such as Q-Cells AG, as well as integrated manufacturers of PV products such as Renewable Energy Corporation and SolarWorld AG.  Some of our potential competitors have also become vertically integrated, from upstream silicon wafer manufacturing to PV system integration. We expect to compete with future entrants to the PV market that offer new technological solutions. We may also face competition from semiconductor manufacturers, a few of which have already announced their intention to start production of PV cells. Many of our potential competitors are developing or currently producing products based on new PV technologies, including thin film, ribbon, sheet and nano-technologies, which they believe will ultimately cost the same as or less than crystalline silicon technologies similar to ours. In addition, the entire PV industry also faces competition from conventional and non-solar renewable energy technologies.  Due to the relatively high manufacturing costs compared to most other energy sources, solar energy is generallymade, not competitive without government incentive programs.

Most of our potential competitors have substantially greater financial, technical, manufacturing and other resources than we do.  Greater size in some cases provides them with a competitive advantagemisleading with respect to manufacturing costs because of their economies of scalethe period covered by this disclosure statement; and their ability to purchase raw materials at lower prices.  For example, those companies that also manufacture semiconductors may source both semiconductor grade silicon wafers and solar grade silicon wafers from3. Based on my knowledge, the same supplier.  As a result, those companies may have stronger bargaining power with the supplier and have an advantage over us in negotiating favorable pricing, as well as securing silicon ingot and silicon wafer supplies at times of shortages.  Many of our potential competitors also have greater brand name recognition, more established distribution networks and larger customer bases.  In addition, many of our potential competitors have well-established relationships with our current and potential distributors and have extensive knowledge of our target markets.  As a result, they may be able to devote greater resources to the research, development, promotion and sale of their products or respond more quickly to evolving industry standards and changes in market conditions than we can. Our failure to adapt to changing market conditions and to compete successfully with existing or new entrants may materially and adversely affect our financial condition and results of operations.  Our failure to develop and introduce new PV products could render our products uncompetitive or obsolete, and reduce our sales and market share.

We compete with other companies, many of whom are developing, or can be expected to develop, products similar to ours.  Some of our competitors are more established than we are, and have significantly greater financial, technical, marketingstatements, and other resources than we presently possess. Some of our competitors have greater name recognition and a larger customer base.  These competitors may be able to respond more quickly to newfinancial information included or changing opportunities and customer requirements and may be able to undertake more extensive promotional activities, offer more attractive terms to customers, and adopt more aggressive pricing policies.  We intend to create greater brand awareness for our brand name so that we can successfully compete with our competitors. We cannot assure you that we will be able to compete effectively with current or future competitors or thatincorporated by reference in this disclosure statement, fairly present in all material respects the competitive pressures we face will not harm our business.

The market for power generation products is heavily influenced by government regulations and policies concerning the electric utility industry, as well as the internal policies of electric utilities companies. These regulations and policies often relate to electricity pricing and technical interconnection of end user-owned power generation.  In a number of countries, these regulations and policies are being modified and may continue to be modified.  End users’ purchases of alternative energy sources, including PV products, could be deterred by these regulations and policies, which could result in a significant reduction in the potential demand for our PV products.  For example, utility companies commonly charge fees to larger, industrial customers for disconnecting from the electricity transmission grid or for having the capacity to use power from the electricity transmission grid for back-up purposes.  These fees could increase end users’ costs of using our PV products and make our PV products less desirable, thereby having an adverse effect on our business, prospects,financial condition, results of operations and financial condition.

Almost all of our solar cells sold are eventually utilized in the on-grid market, where the solar power systems are connected to the utility grid and generate electricity to feed into the grid. We believe that the near-term growthcash flows of the market for on-grid applications depends in large part on the availabilityissuer as of, and size of government subsidies and economic incentives. The reduction or elimination of subsidies and economic incentives may adversely affect the growth of this market or result in increased price competition, either of which could cause our revenues to decline.

In October 2005, the PRC State Administration of Foreign Exchange, or SAFE, issued the Notice on Relevant Issues in the Foreign Exchange Control over Financing and Return Investment Through Special Purpose Companies by Residents Inside China, generally referred to as Circular 75, which required PRC residents to register with the competent local SAFE branch before establishing or acquiring control over an offshore special purpose company, or SPV, for, the purpose of engagingperiods presented in an equity financing outside of China on the strength of domestic PRC assets originally held by those residents. Internal implementing guidelines issued by SAFE, which became public in June 2007 (knownthis disclosure statement. 08/031/2020 /s/Paul D. Landrew [CFO's Signature] (Digital Signatures should appear as Notice 106), expanded the reach of Circular 75 by (1) purporting"/s/ [OFFICER NAME]") Notes to cover the establishment or acquisition of control by PRC residents of offshore entities which merely acquire "control" over domestic companies or assets, even in the absence of legal ownership; (2) adding requirements relating to the source of the PRC resident's funds used to establish or acquire the offshore entity; (i) covering the use of existing offshore entities for offshore financings; (3) purporting to cover situations in which an offshore SPV establishes a new subsidiary in China or acquires an unrelated company or unrelated assets in China; and (4) making the domestic affiliate of the SPV responsible for the accuracy of certain documents which must be filed in connection with any such registration, notably, the business plan which describes the overseas financing and the use of proceeds. Amendments to registrations made under Circular 75 are required in connection with any increase or decrease of capital, transfer of shares, mergers and acquisitions, equity investment or creation of any security interest in any assets located in China to guarantee offshore obligations, and Notice 106 makes the offshore SPV jointly responsible for these filings. In the case of an SPV which was established, and which acquired a related domestic company or assets, before the implementation date of Circular 75, a retroactive SAFE registration was required to have been completed before March 31, 2006; this date was subsequently extended indefinitely by Notice 106, which also required that the registrant establish that all foreign exchange transactions undertaken by the SPV and its affiliates were in compliance with applicable laws and regulations. Failure to comply with the requirements of Circular 75, as applied by SAFE in accordance with Notice 106, may result in fines and other penalties under PRC laws for evasion of applicable foreign exchange restrictions. Any such failure could also result in the SPV’s affiliates being impeded or prevented from distributing their profits and the proceeds from any reduction in capital, share transfer or liquidation to the SPV, or from engaging in other transfers of funds into or out of China.

Our principal executive offices are located at No. 1 Pingbei Road 2, Nanping Science &Universal Solar Technology, Industrial Park, Zhuhai City, Guangdong Province, the People’s Republic of China 519060. This is the office of our Chairman and CEO, Mr. Wensheng Chen.  Our telephone number at our principal executive office is 86-756-8682610.

We are in the process of constructing manufacturing facilities in Nanyang City, Henan Province in China. We currently have two product lines: silicon wafers and PV modules. As ofInc. Financial Statements (Unaudited) Year Ending December 31, 2013, five workshops, one office building, one dormitory2019 and one canteen had been completed.

On December 1, 2008, NUST acquired land-use rightsamended and restated for a piece of land in the size of 71,345.70 square meters for fifty years for RMB 2,886,300 ($422,843).  The land-use cost of RMB 2,886,300 ($422,843 converted at the currency exchange rate of US$1 = RMB 6.825 as of December 31, 2009) is being amortized using2018 To correct this material error the straight line method overCompany amended and restated the fifty years. On July 27, 2010, the “Certificate of Right of Use of Land” has been issued to NUST, which will expire on July 23, 2060.

We maintain an Internet website at www.ustnevada.com in both Chinesereceivables and English.  Information on our website is not part of this report. 

We are currently not involved in any litigation that could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our Company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of the Company’s subsidiaries or of the Company's subsidiaries' officers or directors in their capacitiesequity as such, in which an adverse decision could have a material adverse effect.

Prior to August 21, 2009, there was no active market for our securities. On August 21, 2009, our common stock began to be quoted on the Over-the-Counter Bulletin Board (“OTCBB”) under the symbol “UNSS.” The following table sets forth for the indicated periods, the highfollows: Receivables (unaudited) % Change $ (a) 2018 as Reported receivables 22,352,877 0 (b) 2018 as Amended and low bid prices as reported on the OTCBB. The quotations represent inter-dealer prices without retail markup, mark down or commission, and may not necessary represent actual transactions.

The consolidatedcomparative format. NOTE 3. GOING CONCERN UNCERTAINTY Our unaudited 2019 financial statements include the accounts of the Company and all of its subsidiaries.  All significant inter-company accountsunaudited amended and transactions have been eliminated. Theserestated 2018 financial statements have been prepared as a going concern basis in conformityaccordance with generally accepted accounting principles generally accepted in the United StatesStates. The going concern basis assumes that we will continue in operations for the next 12 months and will be able to realize our assets and discharge our liabilities and commitments in the normal course of America.business. Our functional currencylack of revenue, recurring losses, negative cash flows from operating activities, stockholders' deficit, need for additional financing and the uncertainties surrounding our ability to obtain such financing raise substantial doubt about our ability to continue as a going concern. The Company's anticipated merger with Entrex will position the Company to generate revenue from a more diverse strategic investment approach. Likewise, we are in the final stages of negotiations for a partnership with a waste to energy company which will position us for revenue generation within the next 12 months. The achievement of these goals is paramount to the mitigation of the factors described. To fail in completing these actions will cast substantial doubt as to our ability to continue as a going concern for a period of 12 months after the date our financial statements included in this Annual Report on OTC Disclosure Statement are issued. If we become unable to continue as a going concern, we may have to liquidate our assets, and potentially realize significantly less than the values at which they are carried on our financial statements, and the holders of our securities could lose all or part of their investment. NOTE 4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company's unaudited 2019 financial statements and unaudited amended and restated 2018 financial statements, were approved by the Board of Directors on June 19, 2020 and have been prepared in accordance and conformity with generally accepted accounting principles as issued by the Financial Accounting Standards Board (FASB) using the accounting policies described herein. Basis of Measurement These financial statements are presented in US dollars which is the Chinese Renminbi (RMB); however, the accompanyingfunctional and reporting currency. The financial statements are prepared on a historical cost basis. In addition, these financial statements have been translatedprepared using the accrual basis of accounting. Estimates and presented in United States dollars (USD).

The preparation ofthe condensed financial statements in conformity with generally accepted accounting principles, generally accepted in the United States, (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of net revenuerevenues and expenses during eachthe reporting period. The most significant estimates in the Company's financial statements relate to fixed assets. Actual results could differ from those estimates.

Inventories are statedUpon consultation, the Company recognized that while fixed assets were presented at historical costs, depreciation was not accumulated. As a result the lowerCompany adopted the Straight-line Depreciation Method for fixed assets with a useful life of cost, determined on the weighted average method, and net realizable value. Work in progress and finished goods are composed of direct material, direct labor and a portion of manufacturing overhead. Net realizable value is the estimated selling price in the ordinary course of business, less estimated costs to complete and dispose. 

five years. The Company uses the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized.

Basic income (loss) per common share amounts are calculated by dividing net income (loss) by weighted-average common stock outstanding during the period. Diluted income (loss) per common share are calculated using weighted-average shares outstanding, adjusted for the dilutive effect of shares issuable upon the assumed exercise of common stock equivalents. As of December 31, 2013 and 2012 there were no common stock equivalents outstanding. 

In July 2013, the FASB issued Accounting Standards Update No. 2013-11, Income Taxes (Topic 740)(ASU 2013-11). The amendments in this update provide guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists. These amendments provide that an unrecognized tax benefit, or a portion thereof, should be presented in the financial statements to reflect accumulated depreciation for 2017 and 2018 combined as a reduction of a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except tofollows: Accumulated Depreciation (unaudited) $ (g) 2018 as Reported accumulated depreciation 0 (h) 2018 as prior period adjustment (11,149) (g) For the extent that a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available atyear ended December 2018 value as reported in the reporting date to settle any additional income taxes that would result from disallowance of a tax position, orCompany's Annual Report on the tax law does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, then the unrecognized tax benefit should be presented as a liability. The amendments in this update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. Early adoption is permitted.OTC Disclosure Statement filed on April 23, 2019. (h) The Company does not expect ASU 2013-11 to have a significant impact on its consolidated results of operations and financial condition.

Our management, under the supervision and with the participation of our Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), has evaluated the effectiveness of our disclosure controls and procedures as definedrecorded $27,871 in SEC Rules 13a-15(e) and 15d-15(e) as of the end of the period covered by this Annual Report.  Our disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports we file or submit under the Securities Exchange Act of 1934 (“Exchange Act”) is recorded, processed, summarized, and reported within the time periods specified in the SEC’s forms, and that such information is accumulated and communicated to our management including our CEO and CFO, to allow timely decisions regarding required disclosures.  Based on their evaluation, our CEO and CFO have concluded that, as of December 31, 2013, our disclosure controls and procedures were not effective.

Despite the material weakness and deficiencies reported above, the Company’s management believes that its consolidated financial statements included in this report fairly present in all material respects the Company’s financial condition, results of operations, and cash flowsfixed assets for the periods presented and that this report does not contain any untrue statement of a material fact or omit a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this annual report.

There were no changes in our internal control over financial reporting during the fiscal year ended December 31, 2013 that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

The following table sets forth the names2018 and ages of our current directorsDecember 31, 2017. Accumulated depreciation adjustment was calculated as: $27,871 divided by 5 years equals $5,574. However, since depreciation was not recorded in 2017 and executive officers, their principal offices and positions and the date each such person became a director or executive officer of our company. Our executive officers are elected annually by the Board of Directors. Our directors serve one year terms until their successors are elected. The executive officers serve terms of one year or until their death, resignation or removal by the Board of Directors. In addition, there were no arrangements or understanding between any executive officer and any other person pursuant to which any person was selected as2018 an executive officer. Currently, directors are not compensated for serving on the Board of Directors. We have not established compensation or executive committees. Currently, our entire board of directors serves as our audit committee. Because of the small size of the Company and the risk attendant to a small public company, we are currently unable to attract an audit committee financial expert to our Board of Directors. None of our directors are independent within the meaning set forthadjustment in the rulesamount of NASDAQ as currently in effect.

Mr. Wensheng Chen is the founder of Universal Solar$11,149 was recorded. The adoption and currently serves as the Company’s Chief Executive Officer and Chairman. On December 28, 2010, our Board of Directors appointed Mr. Wensheng Chen as Interim Acting Chief Financial Officer of the Company and he served in that capacity until March 28, 2011.

Mr. Weilei Lv, age 27, has served since December 2009 as Vice General Manager of Nanyang Universal Solar Technology Co., Ltd. (“NUST”), the Company’s wholly owned subsidiary.  As the Vice General Manager of NUST, Mr. Lv was responsible (after the General Manager)adjustment for the company’s day to day operations, including purchasing, production, sales and administrative and financial operations.  Prior to joining NUST from August 2008 to November 2009 Mr. Weilei Lv was the administrative assistant to the CEO of Zhuhai Yuemao Laser Facility Engineering Co., Ltd.  Mr. Weilei Lv graduated from Nanchang Institute of Technology in July 2008. Mr. Lv’s extensive knowledge of solar energy and experience in marketing enables him to provide the Board with insights of solar energy industry that the Company is operating in.

Section 16(a) of the Securities Exchange Act of 1934, as amended, requires executive officers and directors and persons who own more than 10% of a registered class of equity securities to file with the Securities and Exchange Commission initial statements of beneficial ownership, reports of changes in ownership and annual reports concerning their ownership of our common stock and other equity securities on forms 3, 4 and 5 respectively.  We dodepreciation did not have a class of securities registered undermaterial effect on net loss, the Securities Exchange Act of 1934.  As a result, our officers and directors and 10% shareholders are not subjectprior period adjustment to the reporting requirements of Section 16(a).

Mr. Wensheng Chen received no compensationretained earnings account was follows: Retained Earnings (unaudited) % Change $ (i) 2018 as Chief Executive Officer during fiscal 2013 and 2012.

Mr. Weilei Lv received a salary of RMB 10,000 per month (approximately $1,600) during years ended December 31, 2013 and 2012.  Mr. Lv is also entitled to a three (3) month severance package of salary and benefits if his employment is terminated without cause orReported retained earnings (243,263) 0 (j) 2018 as prior period adjustment (254,412) (5) (i) Retained earnings as reported in the event of a merger, sale of assets, or dissolution of the Company.

Ms. Ling Chen served as President, Treasurer and Secretary and received no compensation2018. (j) Retained earnings prior period adjustment for accumulated depreciation for the years ended December 31, 20132018 and 2012.

On December 29, 2011, our Board of Directors appointed Weilei Lv as Chief Financial Officer.

On April 14, 2014,31, 2017. Advertising Expense In accordance with ASC 720-35- 05-1, the Company extended its employmentexpensed advertising costs as they were incurred. Contractors Expense The Company recorded administrative support and third-party vendors in this account. Dues and Subscription Expenses The Company recorded fees associated with OTC Markets, professional publications, software services in this account. Other Business Expenses The Company recorded non- capitalized equipment, office supplies, reimbursements, bank charges, postage, printing services and utilities in this account. Lease Expense & Accrued Lease Liability On January 1, 2019, we adopted Accounting Standards Update ("ASU") No. 2016-02, Leases, as amended by ASU 2018-10, Codification Improvements to Topic 842, ASU 2018- 11, Targeted Improvements, and 2019- 01, Codification Improvements. These ASUs required the recognition of lease assets and lease liabilities for virtually all leases and required disclosure of key information about leasing arrangements. We elected to adopt these new standards prospectively. The Company had a two-year sub- lease agreement with Mr. Weilei Lv for two years, whicha company that had surplus space. The lease began March 2017 and ended March 2019. The monthly payments were $3,200 per month. Upon inquiry, the Company will pay Mr. Lv a salarydisclosed that while it paid $58,460 for leasing, there was an outstanding balance of RMB 10,000 per month (approximately $1,600).  Mr. Lv$18,340 ("outstanding balance") which is also entitledpayable by December 31, 2020. Of the outstanding balance, $9,600 is attributable to a three (3) month severance package of salary2019, and benefits if his employment$8,740 is terminated without cause or inattributed to 2018. In 2018, the event of a merger, sale of assets, or dissolution ofCompany did not properly expense and accrue for the Company.

The following table sets forth certain information regarding beneficial ownership of common stock as of March 28, 2014 by each of our directors, each of our named executive officers; all executive officers and directors as a group and each person who is known by us to beneficially own more than 5% of our outstanding common stock. Except as otherwise indicated, all persons listed below have (i) sole voting power and investment power with respect to their shares of Common Stock, exceptlease liability applicable to the extent that authority is shared by spouses under applicable law,period. With the adoption of ASU 2018-10 and (ii) record and beneficial ownership with respect to their shares of stock. The percentage of beneficial ownership is based upon 22,599,974 shares of Common Stock outstanding as of March 28, 2014. Unless otherwise identified, the address of the directors, officers ofcorrect this accounting error, the Company listed above is the company’s principal business address.

Founders of Universal Solarrecorded expenses and Kuong U were previously engagedaccrued lease liability for 2018 as follows: L e a s e E x p e n s e ( u n a u d i t e d ) % C h a n g e $ (k) 2018 as Reported lease expense 2 6 , 2 0 0 0 (l) 2018 as prior period adjustment 8 , 7 4 0 3 3 (k) Rent and Lease Expense as reported in developing PV modules and PV applications through the solar energy department at Yuemao Laser. Yuemao Laser's parent company is Yuemao Science & Technology Group (“Yuemao Technology”). Yuemao Technology’s shareholders are our Chairman and largest shareholder, Mr. Wensheng Chen with 50% ownership, Ms. Hui Chen 25% ownership, and Ms. Ling Chen 25% ownership. Hui Chen and Ling Chen (our President and member of the Board) are daughters of Wensheng Chen (our Chairman of the Board and Chief Executive Officer).

We incurred no other fees for the 2013 and 2012 fiscal years.

legend. NOTE 11. RELATED PARTY TRANSACTIONS As of December 31, 2013 and 2012, inventories, net, consist of: