Medlive Technology Co., Ltd. — Regulatory Filings 2007

Apr 30, 2007

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GUANGDONG KELON ELECTRICAL HOLDINGS COMPANY LIMITED 廣東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: 0921)

ANNOUNCEMENT OF ESTIMATED RESULTS

This announcement is made in accordance with Rule 13.09(1) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the “Stock Exchange”).

I. Expected results for the reporting period

1. The reporting period refers to: From 1 January 2007 to 30 June 2007

2. Estimated results: a turnaround from loss to profit

3. Whether the estimated results has been audited by a certified public accountant: No

II. Results of the same period of last year

1. Net profit: RMB-35,741,727.54

2. Earnings per share: RMB-0.036

III. Reasons for the change in results

As a result of the optimization of product mix and further implementation of a high-end strategy, the products quality has been improved significantly with remarkable improvement in profitability. It is expected that the Company will make profit in the first half year of 2007.

Suspension of Trading in H Shares

At the request of the Company, trading in H Shares of the Company was suspended with effect from 10:00 a.m. on 16 June 2005 until further notice.

By order of the Board Guangdong Kelon Electrical Holdings Company Limited Tang Ye Guo Chairman

As at the date of this announcement, the Company’s executive directors are Mr. Tang Ye Guo, Mr. Yang Yun Duo, Mr. Wang Shi Lei, Ms. Yu Shu Min, Mr. Lin Lan and Mr. Xiao Jian Lin; and the Company’s independent non-executive directors are Mr. Zhang Sheng Ping, Mr. Lu Qing and Mr. Cheung Yui Kai, Warren.

Foshan City, Guangdong, the PRC, 27 April 2007

“Please also refer to the published version of this announcement in China Daily”

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