Medlive Technology Co., Ltd. — Earnings Release 2013

Oct 11, 2013

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 Part XIVA of the Securities and Futures Ordinance and Rules 13.09 and 13.10B 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 2013 to 30 September 2013

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

period last year � Decrease over the same period last year

(1) From 1 January 2013 to 30 September 2013

Item	The reporting period	Corresponding period last year
Net profit	Increased by 70% -100% as compared
attributable to	to the corresponding period last year
the shareholders		Profit: RMB595 million
of the listedcompany	Profit: RMB1010 million ––1190million
Basic earningsper share	Profit: approximately RMB0.75 –0.88	Profit: RMB0.44

(2) From 1 July 2013 to 30 September 2013

Item	The reporting period	Corresponding period last year
Net profit	Increased by 40% -125% as compared
attributable to the	to the corresponding period last year
shareholders of		Profit: RMB215 million
the listed
company	Profit: RMB301 million –483 million
Basic earnings pershare	Profit: approximately RMB0.22 – 0.36	Profit: RMB0.16

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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 for the nine months ended 30 September 2013 increased by 70% - 100% when compared with the corresponding period last year, which was mainly due to the continual increase in sales and the continual improvement in gross profit margin during the reporting period and at the same time, the receipt by the Company of payment from execution of the cases involving the Greencool Companies in the third quarter resulting in an increase of the net profit for the current period by approximately RMB100 million based on the corresponding accounting treatment.

During the reporting period, the growth rates of the revenue of the refrigerator and airconditioner products of the Company continued to remain higher than the overall growth rates of the industries. Meanwhile, the Company has also actively adjusted its product structure and launched a series of high-end products 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 nine months ended 30 September 2013, please refer to the information to be disclosed in the 2013 third quarterly report of the Company. Investors should remain cautious about the risks relating to investment.

By order of the Board of

Tang Ye Guo Chairman

Foshan City, Guangdong, the PRC, 11 October 2013

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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