Medlive Technology Co., Ltd. — Board/Management Information 2011

Oct 27, 2011

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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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)

ANNOUNCEMENT ON

PROPOSED APPOINTMENT OF DIRECTOR

Reference is made to the announcement on resignation of director and change of authorized representative and change of the person in charge of finance of Hisense Kelon Electrical Holdings Company Limited (the “Company”) dated 15 September 2011.

In accordance with the relevant laws, regulations and the articles of association of the Company, the board of directors of the Company nominates Mr. Gan Yonghe (“ Mr. Gan ”) as a director candidate for the seventh session of the board of directors of the Company. Such nomination will be proposed to the extraordinary general meeting of the Company (the “ EGM ”) for approval (please refer to Note 1 for the biography of Mr. Gan). If Mr. Gan is elected, the term of office will expire at the end of the seventh session of the board of directors of the Company.

A circular containing, among other things, details of the proposed appointment of Mr. Gan as a director of the Company (the “ Circular ”) and the notice of the extraordinary general meeting will be dispatched to the shareholders of the Company in due course.

Note 1 ：

Mr. Gan Yong He, aged 43, holds a master’s degree in business administration. He was previously the head of manufacturing quality department and head of central quality department of Anhui Boxihua Household Electric Appliance Co., Ltd., and the quality manager and quality director of Electrolux (China) Home Appliances Co., Ltd. He has been the deputy general manager of Hisense Ronshen (Guangdong) Refrigerator Co., Ltd. since June 2008, and has served as the deputy president of the Company since 27 June 2011.

As a participant of the first A share share option incentive scheme of the Company, Mr. Gan has been granted share options for the subscription of 181,000 A shares of the Company (representing approximately 0.013% of the total issued share capital of the Company and approximately 0.020% of the total issued A shares of the Company as

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at the date of this announcement).

Save as disclosed above, Mr. Gan has not held any directorship in any other listed companies for the past three years nor any shares of the Company or any of its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance. Mr. Gan does not have any relationship with any directors, senior management, or substantial or controlling shareholders of the Company or its subsidiaries. During the term of his directorship, Mr. Gan will not receive any director’s remuneration from the Company, however, Mr. Gan will receive emoluments as the vice president of the Company, the amount of which will be determined by the remuneration and appraisal committee of the Board after taking into consideration the scale of operation of the Company and the remuneration level of senior management members of other listed companies and will be disclosed in the Circular. Mr. Gan will stand for election as the director of the Company. If elected, Mr. Gan’s term of office will commence from the date of his appointment at the EGM until the expiry of the term of the seventh session of the board of directors (that is, 25 June 2012).

Save as disclosed above, Mr. Gan confirms that there is no other matter that needs to be disclosed pursuant to Rules 13.51(2)(h) to 13.51(2)(v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited nor any other matter that needs to be brought to the attention of the shareholders of the Company.

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. Ren Li Ren, Ms. Yu Shu Min, Mr. Lin Lan and Mr. Xiao Jian Lin; and the Company’s independent non-executive directors are Mr. Zhang Sheng Ping, Mr. Wang Xinyu and Mr. Wang Ai Guo.

Foshan City, Guangdong, the PRC,27 October 2011

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