Medlive Technology Co., Ltd. — Earnings Release 2012

Oct 12, 2012

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 Rules 13.09(1) and 13.09(2) 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 of the estimated results: from 1 January 2012 to 30 September 2012

• 2． Estimated results: Loss Turnaround from loss √Increase over the

same period last year Decrease over the same period last year

Item	From January to September 2012	Corresponding period lastyear
Net profitattributableto theshareholdersof the listedcompany	Increased by 50% - 100% as comparedto the corresponding period last year	Profit: RMB328.42 million
	Profit: RMB492.70 million – 656.80million
Basicearnings pershare	Profit: approximately RMB0.36 – 0.49	Profit: RMB0.24
Item	From July to September 2012	Corresponding period lastyear
Net profitattributableto theshareholdersof the listedcompany	Increased by 165% - 550% ascompared to the corresponding periodlastyear	Profit: RMB42.58 million
	Profit: RMB112.83 million – 276.93million
Basicearnings pershare	Profit: approximately RMB0.08 – 0.20	Profit: RMB0.03

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

II. Preliminary audit of the estimated results

These estimated results have not been audited preliminarily by certified public accountants.

III. Explanation for the changes in results

According to the preliminary estimate of the financial department of the Company, the net profit attributable to the shareholders of the listed company during the reporting period from January to September 2012 increased by 50% - 100% when compared with the corresponding period last year, which was mainly due to the relatively significant increases in the sales revenue in the third quarter as well as in the gross profit margin during the reporting period.

During the reporting period, in view of the demand for home appliances in the domestic market remaining in a sluggish state, the Company proactively adjusted its product structure, upheld technological innovations and functional upgrades for its products, and continued to increase the proportion of its high-end products so as to drive the continuous increase of the overall market share of the Company. Refrigerator products of the Company acclaimed a market share of 17.27% in terms of retail sales volume in August 2012 according to the statistics of China Market Monitor Co., Ltd., and a relatively significant increase in sales revenue was recorded for the third quarter by the Company. At the same time, the Company exercised stringent cost control, leading to continuous improvement in gross profit margin and increase in profitability.

IV. Other Information

For details of the results of operation of the Company for the third quarter of 2012, please refer to the information to be disclosed in the 2012 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

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Foshan City, Guangdong, the PRC, 12 October 2012

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, Mr. Xiao Jian Lin and Mr. Gan Yong He; and the Company’s independent non-executive directors are Mr. Xu Xiang Yi, Mr. Wang Xin Yu and Mr. Wang Ai Guo.

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