Medlive Technology Co., Ltd. — Earnings Release 2010

Oct 14, 2010

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 ESTIMATED RESULTS

This announcement is made by Hisense Kelon Electrical Holdings Company Limited (the “ Company ”) pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

I. Estimated Results during the Reporting Period

1．Type of Estimated results: Loss Turnaround from Loss √Significant increase over the same period last year Significant decrease over the same period last year

1. Statement of estimated results (these figures are prepared in accordance with the

PRC accounting standards)

Item	Current ReportingPeriodfrom 1 January 2010 to30 September 2010(RMB)	Previous ReportingPeriodfrom 1 January 2009 to30 September 2009(RMB)	Increase/Decrease(%)
Net profitattributableto theholders ofthe parentcompany	420million-511million	182.71million	Increase:130%-180%
Earnings pershare- basic	0.31-0.37	0.18	Increase:70%-100%

Note: In June 2010, the Company completed the major assets restructuring involving the private placement of shares for the acquisition of the assets of our major shareholder. The total share capital of the Company increased from 992,006,563 shares to 1,354,054,750 shares, which accordingly diluted the earnings per share for the Reporting Period.

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II. Preliminary Audit of the Estimated Results

The estimated results for the current period have not been audited preliminarily by certified public accountants.

III. Explanation for the Changes in Results

During the Reporting Period, the Company implemented a significant asset restructuring. After the completion of the restructuring, the performance of the Company was substantially enhanced due to the injection of high-quality assets as well as the effects of the non-operating profits. According to the preliminary forecast of the Financial Department of the Company, the net profits of the Company attributable to the holders of the parent company during the Reporting Period increased by 130%-180% as compared to the corresponding period of last year.

As the restructuring is a business combination under common control, the Company has made retrospective adjustments to the data in the statements of the same period. Based on the preliminary estimation of the Company’s financial department, the net profit attributable to the holders of the parent company increased by 50%-100% as compared to the adjusted amount of the same period last year.

IV. Other Information

For details of the results of operation of the Company for the nine months ended 30 September 2010, please refer to the information to be disclosed in the 2010 third quarterly report of the Company. Investors should remain cautious about the risks relating to investment.

By order of the Board of

Hisense Kelon Electrical Holdings Company Limited Tang Ye Guo

Chairman

Foshan City, Guangdong, the PRC, 14 October 2010

As at the date of this announcement, the Company’s directors are Mr. Tang Ye Guo, Mr. Zhou Xiao Tian, 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 and Mr. Cheung Yui Kai, Warren.

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