Proposed Acquisition of Helmond Holding Group Corp

Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat, is pleased to announce that the company to be acquired by reverse takeover is Helmond Holding Group Corp., a company incorporated in the British Virgin Islands (company registration number 1887785) ("HHG"). HHG is a substantial and profitable international bio-energy company. The Directors expect that the development of HUI's waste plastic to hydrogen technology combined with HHG's established biofuels production business will lead to the re-admitted company becoming a dominant player not only in the biofuels but also in the hydrogen market.