Medlive Technology Co., Ltd. — Earnings Release 2010

Jan 21, 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 2010 ANNUAL 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 2010 to 31 December 2010

1. Estimated results: Loss Turnaround from Loss √Increase over the same period last year Decrease over the same period last year

Item	Current ReportingPeriod(RMB)	Corresponding period lastyear(RMB)
Net profitattributableto theshareholdersof the listedcompany	Increased by280%-320% ascompared to thecorresponding period lastyear	Profit: 150.20 million
	Profit: 570 million – 631million

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

During the Reporting Period, the Company implemented a significant asset restructuring. After the completion of the restructuring, the performance of the

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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 280%-320% 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 270%-310% 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 year 2010, please refer to the information to be disclosed in the 2010 annual 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

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

Foshan City, Guangdong, the PRC, 21 January 2011

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