Medlive Technology Co., Ltd. — Earnings Release 2011

Apr 13, 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 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 Current Reporting Period

• 1．Period covered by the estimated results: 1 January 2011 to 31 March 2011

1. Estimated results: � Loss � Turnaround from Loss √Increase over the

same period last year � Decrease over the same period last year

	Current Reporting Period	Corresponding
Item	(RMB)	period last year
		(RMB)
Net profitattributable to theshareholders of	Increased by 100%-150% as comparedto the corresponding period last year	Profit: 45.30 million
the listed company	Profit:90.60 million – 113.25 million

Note: The figures as shown above are prepared in accordance with the PRC accounting standards.

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

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 100%-150% as compared to the net profits of the corresponding period of last year in the sum of RMB45.30 million. Since the Company has not completed the significant asset restructuring in the first quarter of 2010, the data of the assets injected under the restructuring has not been combined in

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the data for the first quarter of 2010.

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 0%-50% 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 first quarter of 2011, please refer to the information to be disclosed in the 2011 first 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, 13 April 2011

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, Mr. Xiao Jian Lin and Ms. Liu Chun Xin; and the Company’s independent non-executive directors are Mr. Zhang Sheng Ping, Mr. Cheung Yui Kai, Warren and Mr. Wang Ai Guo.

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