Medlive Technology Co., Ltd. — Earnings Release 2013

Apr 12, 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 31 March 2013

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

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

Item	Current reporting period	Corresponding period lastyear
Net profitattributableto theshareholdersof the listedcompany	Increased by 50% - 100% as comparedto the corresponding period last year	Profit: RMB126.58 million
	Profit: RMB189.90 million – 253.10million
Basicearnings pershare	Profit: approximately RMB0.14– 0.18	Profit: RMB0.09

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.

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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 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 as well as in the gross profit margin during the reporting period.

During the reporting period, the refrigerator and air-conditioner industries have shown a trend for growth overall. Seizing this market opportunity, the Company has swiftly expanded its scale. According to the statistics of China Market Monitor Company Limited (CMM) for February 2013, the growth rates of the retail sales volume and retail sales value of the Company’s refrigerator and air-conditioner products are higher than the overall growth rates of the industries. Meanwhile, the Company has also actively adjusted its product structure, and the market share of the Company’s high-end products, such as multi-door refrigerators and side-by-side refrigerators, has significantly increased when compared with the corresponding period last year, 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 first quarter of 2013, please refer to the information to be disclosed in the 2013 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, 12 April 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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