Medlive Technology Co., Ltd. — AGM Information 2008

Apr 25, 2008

NOTICE OF ANNUAL GENERAL MEETING

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HISENSE KELON ELECTRICAL HOLDINGS COMPANY LIMITED

海信 科龍電器股份有限公司

(a joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 00921)

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT an annual general meeting (the “AGM”) of Hisense Kelon Electrical Holdings Company Limited (the “Company”) will be held at the conference room of the Company’s head office, Shunde District, Foshan City, Guangdong Province, the People’s Republic of China (the “PRC”) on 25 June 2008 at 9:30 a.m. to review and, if thought fit, pass the following resolutions:

ORDINARY RESOLUTIONS

• 1. To consider and approve the the report of the directors of the Company for the year ended 31 December 2007;
• 1. To consider and approve the report of the supervisory committee of the Company for the year ended 31 December 2007;
• 1. To consider and approve the annual report of the Company and its summary for the year ended 31 December 2007;
• 1. To consider and approve the profit distribution budget of the Company for the year ended 31 December 2007;
• 1. To reappoint Shenzhen Dahua Tiancheng Certified Public Accountants and BDO McCable Lo Limited as the local and foreign auditors of the Company, respectively, for the year ened 31 December 2008 and authorize the board of directors of the Company (the “Board”) to fix their remuneration; and

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• 1. To consider and approve the proposal relating to the provision for impairment of assets of the Company.

SUSPENSION OF TRADING IN THE H SHARES

At the request of the Company, trading in the H Shares of the Company was suspended from 28 April 2005 to 10 May 2005, and has remained suspended since 10:00 a.m. on 16 June 2005, initially following various press releases regarding the investigation by the China Securities and Regulatory Commission on Greencool Technology Holdings Limited in connection with the possible misappropriation of funds of the Company. Greencool Technology Holdings Limited was then an indirect shareholder of the Company controlled by Mr. Gu Chu Jun, who was the then executive director and chairman of the Company and the controlling shareholder of Guangdong Greencool Enterprise Development Company Limited, the then single largest shareholder of the Company. The Company is currently reviewing the relevant documents in relation to the suspension of H Shares, the events leading to such suspension and the actions taken by the Company and has submitted a resumption proposal to the Stock Exchange for review.

By order of the Board of

Hisense Kelon Electrical Holdings Company Limited

Tang Ye Guo

Chairman

As at the date of this announcement, the Company’s directors are Mr. Tang Ye Guo, Mr. Wang Shi Lei, Ms. Yu Shu Min, Mr. Lin Lan, Ms. Liu Chun Xin and Mr. Zhang Ming; and the Company’s independent non-executive directors are Mr. Zhang Sheng Ping, Mr. Lu Qing and Mr. Cheung Yui Kai, Warren.

Foshan City, Guangdong, the PRC, 24 April 2008

Notes:

• 1. H shares shareholders intending to attend the AGM shall give written reply slip, as attached, to the Company (which may be delivered by person, post or fax) which shall be lodged at the registered office of the Company on or before 4 June 2008. To qualify for attendance at the AGM, all H shares transfers documents accompanied by the relevant

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share certificates must be lodged with the Company’s Branch Share Registrar in Hong Kong, Hong Kong Registrars Limited of Rooms 1712-1716, 17/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong, no later than 4:00 p.m. on 23 May 2008 for registration.

• 1. Shareholders entitled to attend and vote at the AGM are entitled to appoint one or more persons (whether or not a shareholder of the Company) as their proxy to attend and vote on behalf of themselves. In order to be valid, the form of proxy, together with a duly notarised power of attorney or other document of authority, if any, under which the form is signed must be deposited at the registered office of the Company not later than 24 hours before the time for holding the AGM.
• 1. Notice of the holders of domestic shares and H shares of the Company whose names appear on the register of members of the Company as at the close of business of 23 May 2008 (including holders of H Shares of the Company who have submitted verification transfer forms on or before 23 May 2008) will be entitled to attend the AGM. The register of members of the Company will be closed from 26 May 2008(Monday) to 25 June 2008 (Wednesday)(both days inclusive).
• 1. The registered address of the Company is: No. 8 Ronggang Road, Ronggui Street, Shunde District, Foshan City, Guangdong Province，the People’s Republic of China. Postal code: 528303

Tel: (86) 757 2836 2570

Fax (86) 757 2836 1055

Contact person:Li Lin,Mei Shi Liang,Li Tai Cong

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